Morgan Stanley has upgraded Terex Corp (TEX) from Equal-Weight to Overweight, reflecting a more optimistic outlook on the company's future. This change, effective December 9, 2025, comes as Terex continues to demonstrate strong performance in the machinery industry.
Headquartered in Norwalk, Connecticut, Terex Corp specializes in manufacturing industrial equipment, including materials processing machinery, waste and recycling solutions, and mobile elevating work platforms. The company operates through three segments: Materials Processing (MP), Aerial Work Platforms (AWP), and Environmental Solutions Group (ESG). As of the latest financial snapshot, Terex boasts a market capitalization of $3.3 billion, a P/E ratio of 20.88, and an impressive dividend yield of 137.9%.
The upgrade underscores a shift in analyst sentiment, possibly due to improved company fundamentals or better-than-expected business performance. Upcoming earnings reports are anticipated, with EPS estimates of $1.71 and $1.00 for the periods ending July 29, 2026, and April 30, 2026, respectively.
Analyst ratings can provide valuable insights, but they should be considered alongside a range of factors, including company fundamentals and market conditions. As of December 1, 2025, the analyst consensus on Terex stands at Buy, with 2 Strong Buy, 5 Buy, 7 Hold, 1 Sell, and no Strong Sell ratings. It’s important to note that these ratings can evolve as new information surfaces, reflecting the dynamic nature of market analysis.