Q3 EPS Estimates for Teradyne Raised by Northland Securities

Posted by Geri Gentry on Aug 5th, 2026

Teradyne, Inc. (NASDAQ:TER – Free Report) – Equities research analysts at Northland Securities boosted their Q3 2026 earnings per share estimates for shares of Teradyne in a report released on Thursday, July 30th. Northland Securities analyst G. Richard now anticipates that the company will post earnings per share of $2.11 for the quarter, up from their prior estimate of $1.40. The consensus estimate for Teradyne’s current full-year earnings is $9.10 per share. Northland Securities also issued estimates for Teradyne’s Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $9.25 EPS, Q1 2027 earnings at $2.59 EPS, Q2 2027 earnings at $2.50 EPS and FY2027 earnings at $9.00 EPS.

Several other brokerages also recently weighed in on TER. UBS Group lifted their price target on shares of Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a report on Monday, July 20th. Susquehanna boosted their price objective on Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Weiss Ratings lowered Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Morgan Stanley lifted their target price on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Finally, Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $396.80.

Get Our Latest Stock Report on TER

Teradyne Stock Up 10.3%

NASDAQ TER opened at $403.56 on Monday. The stock’s 50-day moving average price is $383.04 and its 200-day moving average price is $340.05. Teradyne has a 52 week low of $103.33 and a 52 week high of $487.91. The company has a market capitalization of $63.09 billion, a P/E ratio of 55.36, a price-to-earnings-growth ratio of 0.74 and a beta of 1.78.

Teradyne (NASDAQ:TER – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the business earned $0.57 earnings per share. Teradyne’s quarterly revenue was up 103.9% compared to the same quarter last year. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS.

Institutional Investors Weigh In On Teradyne

Several large investors have recently bought and sold shares of the business. Norges Bank bought a new position in Teradyne during the fourth quarter valued at $398,777,000. Wellington Management Group LLP increased its holdings in shares of Teradyne by 13,949.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock worth $280,357,000 after buying an additional 2,022,389 shares during the last quarter. Aspex Management HK Ltd purchased a new stake in shares of Teradyne during the 4th quarter valued at about $199,723,000. Corient Private Wealth LLC raised its position in shares of Teradyne by 2,189.2% during the 4th quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock valued at $208,254,000 after buying an additional 1,028,916 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its position in shares of Teradyne by 65.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock valued at $194,770,000 after buying an additional 856,540 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Shannon John Poulin sold 656 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total transaction of $232,880.00. Following the completion of the transaction, the insider directly owned 15,722 shares of the company’s stock, valued at approximately $5,581,310. This represents a 4.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $423.03, for a total value of $1,692,120.00. Following the transaction, the chief executive officer owned 120,470 shares of the company’s stock, valued at $50,962,424.10. This represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 14,941 shares of company stock worth $5,444,112. Corporate insiders own 0.19% of the company’s stock.

Teradyne Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, May 21st. Teradyne’s payout ratio is presently 7.13%.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

Positive Sentiment: AI-driven growth outlook: Teradyne’s second-quarter earnings discussion emphasized multiyear growth potential from artificial intelligence, semiconductor testing, market-share gains and an expanding test market. Its broad exposure to AI infrastructure is supporting investor optimism. TER Q2 Earnings Call Centers on AI-Led Multiyear Growth
Positive Sentiment: Strong financial performance: Teradyne reported record second-quarter results, including earnings of $2.47 per share versus the $2.09 consensus estimate and revenue of $1.33 billion, up 103.9% year over year. Analysts also raised their third-quarter EPS forecast, reinforcing expectations for continued momentum. Teradyne Q3 EPS Forecast Increased by Northland Securities
Positive Sentiment: Favorable sector rotation: Semiconductor and robotics stocks have attracted buying in a broader technology rally, while investors have shifted some attention away from the largest technology companies. Teradyne’s chip-testing and robotics businesses are positioned to benefit from this risk-on environment. Today’s Trade Is to Buy Chips and Sell the Magnificent 7
Neutral Sentiment: Relative valuation support: A comparison with KLA suggests investors are willing to pay a higher multiple for semiconductor-equipment companies viewed as having stronger growth prospects, a framework that favors Teradyne’s faster AI-related growth. How KLA Went From Cheaper Than Teradyne to the Pricier Stock
Negative Sentiment: Valuation risk: Teradyne trades at approximately 10.36 times sales and has a high earnings multiple, leaving less room for disappointment. The stock’s strong performance depends on AI demand, chip-testing growth and robotics execution continuing to justify its premium valuation. Teradyne Is Overvalued at 10.36X PS: Should You Still Buy the Stock?

About Teradyne

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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.