Teradyne (TER)
NASDAQ:TER
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TER Stock Chart & Stats
$380.38
-$2.22(-1.60%)
At close: 4:00 PM EST
$380.38
-$2.22(-1.60%)
Day’s Range― - ―
52-Week Range$84.12 - $422.11
Previous CloseN/A
Volume643.45K
Average Volume (3M)3.90M
Market Cap
$63.12B
Enterprise Value$58.44B
Total Cash (Recent Filing)$245.60M
Total Debt (Recent Filing)$82.40M
Price to Earnings (P/E)73.8
Beta1.70
Next Earnings
Jul 28, 2026EPS Estimate
2.06Next Dividend Ex-DateN/A
Dividend Yield0.24%
Share Statistics
EPS (TTM)5.43
Shares Outstanding156,542,160
10 Day Avg. Volume3,897,036
30 Day Avg. Volume3,895,993
Financial Highlights & Ratios
PEG Ratio23.29
Price to Book (P/B)10.83
Price to Sales (P/S)9.49
P/FCF Ratio67.22
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue15.43
Enterprise Value/Gross Profit26.25
Enterprise Value/Ebitda52.87
Forecast
1Y Price Target
$393.92Price Target Upside3.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)7.31
Revenue Forecast (FY)$4.50B
Bulls Say, Bears Say
Bulls Say
High ProfitabilitySustained high gross (~58% TTM; record 60.9% in Q1) and operating margins (~20%+) demonstrate durable pricing power and favorable product mix. Strong margins support ongoing R&D, capacity investments and provide cushion through semiconductor-cycle volatility, underpinning long-term profitability.
AI-driven TAM & Product MomentumStructural AI adoption is shifting mix toward higher-value test platforms. With AI ~70% of Q1 revenue, new platforms (Photon 100, Omnyx) and merchant GPU production wins, Teradyne expands its addressable market and establishes multi-year product ramps that support durable equipment spending.
Conservative Balance Sheet & ReturnsA conservative capital structure (debt-to-equity ~0.12) alongside ~20% ROE and meaningful cash balances gives flexibility to fund capex, targeted M&A and working-capital needs without excessive leverage. This reduces financial risk and supports steady strategic execution across cycles.
Bears Say
Customer Concentration & Lumpy DemandHeavy reliance on a few large customers concentrates revenue risk and magnifies order timing swings. Such concentration increases volatility, weakens negotiating leverage, and makes medium-term demand forecasting and capacity planning more uncertain across multiple reporting periods.
Cash-Flow Consistency ConcernsWhile FCF generally supports earnings, inconsistent cash conversion (2025 FCF slightly down and unusually large TTM cash figures) complicates capital-allocation planning. Variable cash flows reduce confidence in sustaining buybacks, dividends or funding growth without added leverage.
Back-half Visibility & Margin NormalizationManagement’s first-half weight and guidance for margin normalization after Q1’s one-time benefits imply front‑loaded demand and lower sustainable margins. This reduces visibility for the back half, complicates multi-quarter margin forecasting, and risks periodic profit step-downs.
Teradyne News
TER FAQ
What was Teradyne’s price range in the past 12 months?
Teradyne lowest stock price was $84.12 and its highest was $422.11 in the past 12 months.
What is Teradyne’s market cap?
Teradyne’s market cap is $63.12B.
When is Teradyne’s upcoming earnings report date?
Teradyne’s upcoming earnings report date is Jul 28, 2026 which is in 44 days.
How were Teradyne’s earnings last quarter?
Teradyne released its earnings results on Apr 28, 2026. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.107 by $0.453.
Is Teradyne overvalued?
According to Wall Street analysts Teradyne’s price is currently Undervalued.
Does Teradyne pay dividends?
Teradyne pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 0.24%. See more information on Teradyne dividends here
What is Teradyne’s EPS estimate?
Teradyne’s EPS estimate is 2.06.
How many shares outstanding does Teradyne have?
Teradyne has 156,542,160 shares outstanding.
What happened to Teradyne’s price movement after its last earnings report?
Teradyne reported an EPS of $2.56 in its last earnings report, beating expectations of $2.107. Following the earnings report the stock price went down -19.414%.
Which hedge fund is a major shareholder of Teradyne?
Currently, no hedge funds are holding shares in TER
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Teradyne Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$393.92 (3.56% Upside)
$393.92 (3.56% Upside)
Blogger Sentiment
Bullish
TER Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 797.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
News Sentiment
Bullish
Bullish news 79%
Bearish news 10%
Bearish news 10%
Technicals
SMA
Positive
20 days / 200 days
Momentum
370.53%
12-Months-Change
Fundamentals
Return on Equity
29.72%
Trailing 12-Months
Asset Growth
19.64%
Trailing 12-Months
Company Description
Teradyne
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages. These capabilities serve a wide array of sectors, including automotive, industrial, telecommunications, consumer electronics, mobile devices, cloud computing, and gaming. Notable offerings include the FLEX test platform, the J750 system for high-volume semiconductor testing, the Magnum platform specialized for memory components like flash and DRAM, and the ETS platform, which caters to the analog/mixed-signal markets for chip makers and outsourced assembly/test providers. Its clientele encompasses integrated device manufacturers (IDMs), fabless chip companies, foundries, and independent semiconductor assembly and test firms. 2. System Test: This division provides instrumentation and systems for defense and aerospace applications, data storage testing apparatus, and solutions for circuit board examination and fault detection. 3. Industrial Automation: This segment supplies collaborative robotic arms, self-governing mobile robots, and sophisticated software for robotic control, primarily catering to clients in manufacturing, logistics, and lighter industrial applications. 4. Wireless Test: Operating under its LitePoint brand, this segment delivers crucial testing solutions for the development and production of various wireless products, ranging from modules and smartphones to tablets, laptops, peripherals, and Internet-of-Things (IoT) gadgets. Key offerings include IQxel for Wi-Fi and other connectivity standards, IQxstream for comprehensive cellular technology testing (including 5G), IQcell for multi-device cellular signaling verification, IQgig, and ready-to-use test software tailored for wireless chipsets.
TER Company Deck
TER Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reported multiple record operating and financial metrics driven by robust AI demand: record revenue (~$1.28B–$1.3B), record margins (60.9%) and operating income ($480M), strong YoY and sequential growth across Semi Test, memory and robotics, and strategic product and M&A momentum (Photon 100, Omnyx, MultiLane JV, TestInsight). The primary negatives are limited visibility into the back half, concentration risk with a small number of large customers, inherent lumpy demand timing, and some normalization of margins into Q2. On balance, the positives — sizable revenue and margin beats, product wins, and tangible progress on AI-related TAM capture — materially outweigh the risks and uncertainties called out by management.View all TER earnings summariesTER Revenue Breakdown
79.11% Semiconductor Test
9.66% Robotics
11.22% Product Test
0.00% Corporate and Eliminations
TER Stock 12 Month Forecast
Average Price Target
$393.92
▲(3.56% Upside)
Technical Analysis
Ownership Overview
0.21% Insiders
24.79% Mutual Funds
18.79% Other Institutional Investors
22.81% Public Companies and Individual Investors