Teradyne (NASDAQ:TER – Free Report) had its price target raised by Morgan Stanley from $387.00 to $397.00 in a research note published on Thursday, Marketbeat.com reports. Morgan Stanley currently has an equal weight rating on the stock.
A number of other equities research analysts have also recently issued reports on the company. UBS Group upped their price objective on Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 target price on shares of Teradyne in a research note on Wednesday. The Goldman Sachs Group restated a “buy” rating and set a $465.00 target price on shares of Teradyne in a report on Tuesday. Robert W. Baird set a $420.00 price target on shares of Teradyne in a research report on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price target for the company in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $396.80.
Read Our Latest Report on Teradyne
Teradyne Stock Performance
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business’s quarterly revenue was up 103.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. As a group, equities analysts predict that Teradyne will post 8.86 earnings per share for the current fiscal year.
Teradyne Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.13 per share. The ex-dividend date was Thursday, May 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio is presently 7.13%.
Insider Buying and Selling
In related news, insider Shannon John Poulin sold 1,008 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $345.37, for a total transaction of $348,132.96. Following the transaction, the insider directly owned 15,066 shares of the company’s stock, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 8,597 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $338.98, for a total value of $2,914,211.06. Following the completion of the sale, the chief executive officer owned 124,470 shares in the company, valued at approximately $42,192,840.60. This trade represents a 6.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 14,941 shares of company stock valued at $5,444,112. 0.19% of the stock is owned by insiders.
Hedge Funds Weigh In On Teradyne
Several large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd bought a new stake in shares of Teradyne during the 4th quarter worth about $28,000. Community Financial Services Group LLC bought a new position in Teradyne in the 2nd quarter valued at about $29,000. McIlrath & Eck LLC acquired a new stake in Teradyne during the first quarter worth approximately $30,000. Elevation Wealth Partners LLC lifted its position in Teradyne by 1,320.0% during the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after acquiring an additional 66 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in Teradyne during the second quarter worth approximately $35,000. 99.77% of the stock is owned by institutional investors.
Key Stories Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: AI demand produced record results: Teradyne reported second-quarter revenue of $1.33 billion, up 103.9% year over year and above the $1.22 billion analyst consensus. Adjusted earnings of $2.47 per share exceeded expectations of $2.09, while management tied the performance to rising demand for semiconductor testing associated with AI data centers, advanced chips and vehicles. TER Q2 Deep Dive: AI Demand Drives Growth Across Semiconductor Test and Robotics
- Positive Sentiment: Strong third-quarter outlook supports continued momentum: Teradyne’s projected third-quarter revenue midpoint of $1.25 billion was reportedly about 21% above analyst expectations. Increased wafer-fabrication investment, more complex chip designs and expanding memory opportunities are supporting demand for the company’s test systems. Teradyne Beats Q2 Expectations As AI Chip Demand Lifts Q3 Outlook
- Positive Sentiment: Robotics also contributed to growth: Teradyne Robotics revenue increased 33% year over year in the second quarter, adding diversification beyond semiconductor testing and reinforcing the company’s exposure to factory automation. Teradyne Robotics revenue rises 33% year over year in Q2
- Positive Sentiment: Analyst estimates and sentiment improved: Northland Securities raised its projected third- and fourth-quarter 2027 EPS to $2.05 and $1.86, respectively. Cantor Fitzgerald assigned an “Overweight” rating, while Morgan Stanley lifted its price target to $397 but retained an “Equal Weight” rating. Teradyne Earns Overweight Rating from Cantor Fitzgerald
- Neutral Sentiment: Investor consideration: The strong results have reinforced Teradyne’s AI-growth narrative, though the Morgan Stanley “Equal Weight” stance indicates that some analysts may view the improved outlook as largely reflected in the stock’s valuation.
Teradyne Company Profile
Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.
The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.
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