TD Cowen analyst Krish Sankar has maintained their bullish stance on TER stock, giving a Buy rating today.
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Krish Sankar’s rating is based on Teradyne’s stronger-than-expected performance in the semiconductor testing sector, particularly driven by the demand for AI compute and memory testing. This demand is anticipated to continue driving growth through the latter half of 2025, with potential expansion opportunities in testing for NVIDIA GPUs further enhancing the stock’s prospects.
Additionally, while the Industrial Automation segment has not yet reached profitability, significant partnerships, such as the one with Amazon, are promising for future growth. Despite some challenges, such as anticipated weakness in mobile sectors, the overall outlook for Teradyne, supported by its gross margins and strategic wins, justifies a Buy rating.
In another report released today, Northland Securities also maintained a Buy rating on the stock with a $92.00 price target.