Terex (TEX)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-04
$57.56+0.07%
Close 2026-11-04 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-04
Research Workspace
Put TEX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Construction Machinery & Heavy Transportation Equipment is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Terex improves operating income from Q1 2026 loss: Operating income: $183M.
View ThesisRanks in the weakest quality tier of its industry — roughly the bottom 41%, softest on share dilution.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 33% in its worst 12-month stretch.
View RiskTerex's recent revenue growth has to keep compounding to justify the price. Revenue grew 58.4% year over year in the latest quarter. The company also beat its earnings estimate by 5.6%. It trades at 11 times earnings versus an 18 times peer median. The price reflects less growth than our forecast suggests. Reported profits are not well backed by cash flow. Our model puts the next-quarter miss probability near 24%. Peer multiples imply a price about 17% above where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. TEX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering TEX (as of Nov 2026).
Based on 4 Wall Street analysts offering 12-month price targets for TEX in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| TEX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Construction Machinery & Heavy Transportation Equipment — fair value, gap to price, and forward P/E.
Compare the value case
Put TEX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Generate free cash flow and improve cash conversion
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $57.56
The last 12 months of price, then the range of analyst 12-month targets from today’s $57.56.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Higher free-cash-flow outlook supports cash conversion alongside substantial sales and EPS guidance.
Earnings beat and rising orders support profitable growth and demand, though headline lacks detailed results.
Advances: Focus on revenue growth
Raised outlook supports revenue growth objective.
Earnings beat but shares fall indicates market concerns.
Strong Q2 performance supports revenue growth objective.
Advances: Focus on revenue growth
Revenue growth exceeds forecasts, supporting investment thesis.
Threatens: Focus on revenue growth
Cuts outlook indicates weak demand affecting revenue growth.
Clearing HSR hurdle supports strategic growth through acquisition.