Wells Fargo has initiated coverage on Terex Corp (TEX) with an Equal-Weight rating, marking the firm's first assessment of the machinery manufacturer's investment potential. The action, taken on November 13, 2025, comes as Terex operates within a competitive landscape, specializing in materials processing machinery, waste and recycling solutions, and mobile elevating work platforms. The company, headquartered in Norwalk, Connecticut, employs approximately 11,400 people and has a market capitalization of $3.0 billion.
As of now, Terex's stock is priced at $45.75, reflecting a P/E ratio of 19.09 and an EPS of 2.36. The company also boasts a notable dividend yield of 147.1%. Upcoming earnings are scheduled for July 28, 2026, with analysts estimating an EPS of $1.69 and revenue of $1.6 billion. This update provides insight into the market's evolving view of Terex, as analyst ratings can shift with new data and market conditions.
Analyst ratings, such as this one from Wells Fargo, represent professional opinions based on detailed research and financial modeling. While they can offer valuable perspectives, they should be considered alongside company fundamentals, competitive positioning, and broader industry trends. The consensus among analysts currently stands at a Buy, with recent actions reflecting varied opinions, including upgrades and maintenance of ratings from other firms in the past month.
In addition, Terex has recently seen insider activity, with an insider acquiring 65,177 shares, indicating confidence in the company's future prospects.