Titan International, Inc. (TWI): 7 Best Heavy Equipment Stocks to Buy as Backlogs Hit Records

Published on May 19, 2026 at 6:55 am by Sajjl Nooranne in News

With an upside potential of 55.22%, Titan International, Inc. (NYSE:TWI) is among the 7 Best Heavy Equipment Stocks to Buy as Backlogs Hit Records.

On April 30, Titan International, Inc. (NYSE:TWI) reported first-quarter revenue of $505.07 million, surpassing consensus expectations of $497.24 million. President and Chief Executive Officer Paul Reitz stated that the company delivered results at the high end of internal expectations despite navigating a highly dynamic macroeconomic backdrop. The Earthmoving/Construction segment emerged as the company’s strongest-performing business during the quarter, posting growth exceeding 11% year over year. Gross margin within the segment improved by 90 basis points to 11.3%, supported by stronger revenue growth and improved fixed-cost leverage. Management also noted that the agricultural business recorded modest growth while the consumer segment experienced only a limited decline, contributing to overall quarterly revenue growth of nearly 3% alongside higher gross margin and adjusted EBITDA performance.

On the same day, Titan International, Inc. (NYSE:TWI) reaffirmed its fiscal 2026 adjusted EBITDA guidance range of $105 million to $115 million. Chief Financial Officer Tony Eheli stated that the company expects second-quarter sales to range between $470 million and $490 million, with adjusted EBITDA projected between $25 million and $30 million. Management also maintained full-year sales guidance of $1.85 billion to $1.95 billion, reflecting continued confidence in operational execution and demand stability despite ongoing geopolitical and tariff-related volatility across global markets.

Founded in 1890 and headquartered in West Chicago, Titan International, Inc. (NYSE:TWI) manufactures off-the-road tires, wheels, and undercarriage systems for agricultural, construction, mining, and industrial heavy equipment markets. The company operates globally and supplies products supporting large-scale industrial and infrastructure operations.

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