Citi Maintains Hold Rating on Terex with $55 Price Target

Citi analyst Kyle Menges maintained a Hold rating on Terex with a $55 price target. The analyst consensus on Terex is a Hold with an average price target of $51.35, representing a -3.84% downside. Terex's market cap is $3.36B and has a P/E ratio of 14.56. Corporate insider sentiment is negative, with an increase in insiders selling their shares.

Terex Corporation (NYSE: TEX) has been the subject of varying analyst sentiments and price target revisions in recent months. Citi analyst Kyle Menges maintained a Hold rating on Terex with a $55 price target, while the overall analyst consensus remains a Hold with an average price target of $51.35, indicating a potential downside of 3.84% [3]. This mixed sentiment reflects the company's recent performance and market conditions.

Terex's market capitalization stands at $3.36 billion, with a P/E ratio of 14.56 [3]. The company operates in two segments: Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment, which includes crushers, washing systems, and other equipment, has shown robust growth, while the AWP segment has faced challenges, particularly in the Aerial Work Platforms segment [2].

Corporate insider sentiment has been negative, with an increase in insiders selling their shares. Joshua Gross sold 5,389 shares of Terex on May 5, 2025, representing a 12.21% decrease in his ownership [3]. This insider selling could be a signal of concern among the company's executives.

Analysts have expressed varying opinions on Terex's future prospects. Raymond James maintains a Market Perform rating, expecting solid results in the Environmental Solutions segment despite potential margin declines in the AWP segment [2]. Goldman Sachs upgraded Terex to a Buy rating with a $60 price target, citing anticipated recovery in the Aerials segment [2]. Meanwhile, JPMorgan and UBS have maintained Neutral ratings, acknowledging potential earnings pressure in 2025 [2].

Institutional investors have also shown interest in Terex. Several hedge funds and institutional investors have increased their holdings in the company, with FMR LLC and Fuller & Thaler Asset Management Inc. boosting their positions in the fourth quarter of 2024 [3]. However, the company's stock has traded down 2.5% on Thursday, July 2, 2025, hitting $52.08 [3].

Terex's recent earnings report showed earnings per share (EPS) of $0.83 for the quarter, beating the consensus estimate of $0.57 by $0.26 [3]. The company's revenue was down 4.9% compared to the same quarter last year, with a return on equity of 18.79% and a net margin of 4.89% [3].

Overall, Terex faces a mixed landscape of analyst sentiment and price targets. While some analysts see potential in the company's segments, others remain cautious about the AWP segment and the broader market conditions. Investors should closely monitor Terex's financial performance and analyst revisions to make informed investment decisions.

References:
[1] https://www.investors.com/ibd-data-stories/terex-sees-relative-strength-rating-rise-to-75/
[2] https://www.investing.com/news/analyst-ratings/raymond-james-maintains-terex-stock-rating-sees-margin-pressure-in-awp-segment-93CH-4124474
[3] https://www.marketbeat.com/instant-alerts/terex-nysetex-price-target-raised-to-5200-2025-07-10/