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Terex ( (TEX) ) just unveiled an update.
On October 29, 2025, Terex Corporation entered into a merger agreement with REV Group to form a leading specialty equipment manufacturer. The merger aims to create a diversified leader in emergency, waste, utilities, environmental, and materials processing equipment, with expected synergies of $75 million by 2028. Terex plans to exit its Aerials segment, further reducing exposure to cyclical markets. The merger is expected to enhance financial strength, growth profile, and operational efficiency, benefiting shareholders and stakeholders. The transaction is anticipated to close in the first half of 2026, subject to regulatory approvals and shareholder consent.
The most recent analyst rating on (TEX) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.
Spark’s Take on TEX Stock
According to Spark, TipRanks’ AI Analyst, TEX is a Outperform.
Terex’s strong financial performance and bullish technical indicators are the primary drivers of its stock score. The company’s moderate valuation and challenges in certain segments slightly temper the overall score.
To see Spark’s full report on TEX stock, click here.
More about Terex
Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and electric utility equipment. The company offers products used in various industries such as maintenance, manufacturing, energy, construction, and entertainment, with a focus on providing lifecycle support and digital solutions to maximize customer investment returns. Terex operates manufacturing facilities in North America, Europe, and Asia Pacific, with a commitment to environmentally friendly products.
Average Trading Volume: 747,289
Technical Sentiment Signal: Buy
Current Market Cap: $3.67B
See more insights into TEX stock on TipRanks’ Stock Analysis page.