Northland Securities Predicts Higher Earnings for Teradyne

Teradyne, Inc. (NASDAQ:TER) – Equities researchers at Northland Securities upped their FY2026 earnings per share (EPS) estimates for shares of Teradyne in a report issued on Wednesday, October 28th. Northland Securities analyst G. Richard now anticipates that the company will post earnings of $9.34 per share for the year, up from their previous forecast of $9.25. The consensus estimate for Teradyne’s current full-year earnings is $9.11 per share.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.20. Teradyne had a return on equity of 39.93% and a net margin of 25.77%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the company earned $0.85 earnings per share. The company’s quarterly revenue was up 69.8% compared to the same quarter last year.

A number of other brokerages have also issued reports on TER. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 price target on shares of Teradyne in a report on Wednesday, July 29th. Wall Street Zen raised shares of Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Zacks Research lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Morgan Stanley raised their price target on shares of Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $410.86.

Teradyne Trading Down 3.2%

Shares of Teradyne stock opened at $313.24 on Thursday. The company’s fifty day simple moving average is $368.05 and its 200-day simple moving average is $347.75. The company has a market cap of $48.97 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 0.62 and a beta of 1.75. Teradyne has a 1 year low of $151.52 and a 1 year high of $487.91.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.52 annualized dividend and a yield of 0.2%. Teradyne’s dividend payout ratio is 7.13%.

Insider Buying and Selling

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total value of $1,365,120.00. Following the completion of the sale, the chief executive officer owned 104,495 shares in the company, valued at approximately $35,662,053.60. This trade represents a 3.69% decrease in their position. The sale 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. Over the last ninety days, insiders sold 12,000 shares of company stock valued at $4,416,440. Corporate insiders own 0.19% of the company’s stock.

Institutional Trading of Teradyne

Institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in Teradyne in the second quarter worth $9,404,408,000. Andar Capital Management HK Ltd acquired a new stake in Teradyne during the second quarter worth $37,800,000. State Street Corp boosted its stake in Teradyne by 4.6% during the second quarter. State Street Corp now owns 7,290,460 shares of the company’s stock worth $3,527,416,000 after buying an additional 320,034 shares in the last quarter. Van ECK Associates Corp boosted its stake in Teradyne by 5.0% during the second quarter. Van ECK Associates Corp now owns 2,607,914 shares of the company’s stock worth $1,261,813,000 after buying an additional 123,549 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Teradyne by 0.6% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,978,124 shares of the company’s stock valued at $957,096,000 after buying an additional 12,659 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Q3 results significantly exceeded expectations. Teradyne reported revenue of approximately $1.306 billion, up 69.8% year over year, and adjusted earnings of $2.29 per share versus the $2.09 consensus estimate. Net income rose to $342.4 million from $119.6 million a year earlier. Teradyne Shares Fall 4% Despite Q3 Revenue And Profit Growth
• Positive Sentiment: AI-related semiconductor testing demand remains a major growth driver. Strong demand in Memory and Integrated Systems Test contributed to record revenue and profitability, while management described an expected compute-related ramp beginning around mid-2027. Teradyne Q3 Earnings Beat Estimates, Revenues Increase Year over Year
• Neutral Sentiment: Fourth-quarter guidance was above consensus but implies a possible moderation. Teradyne forecast revenue of $1.25 billion to $1.35 billion, with a $1.30 billion midpoint reportedly about 1.8% above analyst expectations. However, the outlook suggests investors may need to wait for the next major compute growth phase. Teradyne Q4 2026 Revenue Guidance
• Negative Sentiment: The market’s reaction indicates very high expectations were already reflected in TER’s valuation. Despite the earnings and guidance beats, investors appeared to take profits and question whether near-term growth can sustain the stock’s premium valuation. Analyst Argus also lowered its price target to $382. Argus Lowers Teradyne Price Target

About Teradyne

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.