Teradyne’s (TER) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reiterated their overweight rating on shares of Teradyne (NASDAQ:TER) in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a $550.00 price objective on the stock.

A number of other brokerages have also recently issued reports on TER. Weiss Ratings cut Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, July 20th. Citigroup lifted their price objective on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, April 30th. The Goldman Sachs Group restated a “buy” rating and issued a $465.00 target price on shares of Teradyne in a research note on Tuesday. Morgan Stanley set a $387.00 target price on shares of Teradyne in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price for the company in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $396.80.

Teradyne Price Performance

TER opened at $367.69 on Wednesday. Teradyne has a fifty-two week low of $102.42 and a fifty-two week high of $487.91. The firm’s fifty day moving average price is $382.61 and its two-hundred day moving average price is $337.07. The company has a market capitalization of $57.56 billion, a P/E ratio of 50.44, a P/E/G ratio of 0.89 and a beta of 1.74.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The business’s revenue was up 103.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 EPS. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, equities research analysts expect that Teradyne will post 7.57 EPS for the current fiscal year.

Teradyne Increases Dividend

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

Insider Transactions at Teradyne

In related news, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the transaction, the vice president owned 7,665 shares in the company, valued at $2,894,304. The trade was a 8.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 8,597 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $338.98, for a total value of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at approximately $42,192,840.60. This represents a 6.46% 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.

Institutional Investors Weigh In On Teradyne

Hedge funds and other institutional investors have recently made changes to their positions in the company. Natural Investments LLC acquired a new position in shares of Teradyne during the second quarter valued at $254,000. Simmons Bank boosted its holdings in Teradyne by 12.2% in the second quarter. Simmons Bank now owns 4,076 shares of the company’s stock valued at $1,972,000 after acquiring an additional 444 shares during the last quarter. Zions Bancorporation National Association UT increased its position in Teradyne by 113.7% in the second quarter. Zions Bancorporation National Association UT now owns 2,321 shares of the company’s stock worth $1,123,000 after purchasing an additional 1,235 shares during the period. New Republic Capital LLC bought a new stake in Teradyne during the 2nd quarter worth about $280,000. Finally, Avail Investment Partners LLC bought a new stake in Teradyne during the 2nd quarter worth about $289,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne News Summary

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.

About Teradyne

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.