TEX.N Surges Past 5-Day SMA Amid Positive Sentiment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Nov 25
Source: Coinmarketcap
Shares of TEX.N experienced a notable increase today, crossing above its 5-day simple moving average (SMA) as bullish sentiment took hold in the market. This technical breakout suggests a potential shift in momentum, indicating that investors may be regaining confidence in the stock's performance. The upward movement comes in the wake of recent positive developments within the company, including strong quarterly earnings and optimistic guidance for future growth. Analysts are closely monitoring this trend, as sustained trading above the 5-day SMA could signal further gains ahead for TEX.N.
Analyst Views on TEX
Wall Street analysts forecast TEX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEX is 57.00 USD with a low forecast of 50.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
6 Hold
0 Sell
Moderate Buy
Current: 58.770
Low
50.00
Averages
57.00
High
70.00
Current: 58.770
Low
50.00
Averages
57.00
High
70.00
About TEX
Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry. Its segments include Materials Processing (MP), Aerial Work Platforms (AWP) and Environmental Solutions Group (ESG). MP designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, and includes Franna pick and carry cranes business. AWP designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers and their related components and replacement parts. ESG designs, manufactures, services and markets waste and recycling equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers and recycling equipment, and cameras with integrated smart technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
