TER

Teradyne Inc

Add to Watchlist

Advanced Chart

112.390

+4.74(4.403%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

112.690

Open

108.490

VWAP

111.22

Vol

1.48M

Mkt Cap

17.27B

Low

108.490

Amount

164.20M

EV/EBITDA(TTM)

25.35

Total Shares

156.11M

16.90B

EV/OCF(TTM)

21.33

P/S(TTM)

6.18

Teradyne, Inc. is a global supplier of automated test equipment and robotics solutions. The Company designs, develops, manufactures and sells automated test systems and robotics products. The Company’s segment includes Semiconductor Test and Robotics. The Semiconductor Test segment includes operations related to the design, manufacturing and marketing of semiconductor test products and services inclusive of storage and system level test products. The Robotics segment includes operations related to the design, manufacturing and marketing of collaborative robotic arms and autonomous mobile robots. Its offerings also include defense/aerospace test instrumentation and systems, circuit-board test and inspection (production board test) systems, and wireless test systems. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

775.20M

+13.06%

0.902

+20.28%

804.27M

+6.83%

1.002

+5.51%

762.15M

+3.37%

0.852

-5.28%

Estimates Revision

The market is revising Downward the revenue expectations for Teradyne, Inc. (TER) for FY2025, with the revenue forecasts being adjusted by -0.31% over the past three months. During the same period, the stock price has changed by 52.33%.

Revenue Estimates for FY2025

Revise Downward

-0.31%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+4.07%

In Past 3 Month

Stock Price

Go Up

+52.33%

In Past 3 Month

14 Analyst Rating

-13.56% Downside

Wall Street analysts forecast TER stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TER is 97.15 USD with a low forecast of 74.00 USD and a high forecast of 133.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

4 Hold

3 Sell

Moderate Buy

-13.56% Downside

Current: 112.390

Low

74.00

Averages

97.15

High

133.00

-13.56% Downside

Current: 112.390

Low

74.00

Averages

97.15

High

133.00

Morgan Stanley

Underweight -> Equal Weight

upgrade

$74 -> $100

2025-07-30

New

Reason

Morgan Stanley

Price Target

$74 -> $100

2025-07-30

New

upgrade

Underweight -> Equal Weight

Reason

Morgan Stanley upgraded Teradyne (TER) to Equal Weight from Underweight with a price target of $100, up from $74, after its Q2 earnings beat. The stock rose on the back of optimistic commentary on the prospects of penetrating Nvidia (NVDA) beyond their existing position, Morgan Stanley noted. Commentary on Compute opportunity was also more bullish than expected, and while the firm is taking a \"conservative stance\", the optionality should support shares near term, the analyst tells investors in a research note.

Goldman Sachs

Sell

maintain

$80 -> $85

2025-07-30

New

Reason

Goldman Sachs

Price Target

$80 -> $85

2025-07-30

New

maintain

Sell

Reason

Goldman Sachs raised the firm's price target on Teradyne to $85 from $80 but keeps a Sell rating on the shares after its Q2 results and guidance. The firm expects the stock to trade higher given the management's optimistic commentary surrounding Teradyne's AI-centric opportunities in custom compute and memory despite reporting a tepid quarter with guidance that came in below the Street, the analyst tells investors in a research note. Investor expectations were low heading into the quarter, particularly in light of the stock's significant underperformance year-to-date, but the company has made solid progress on several fronts, with solid design win momentum in custom compute silicon and memory test, the firm added.

UBS

Timothy Arcuri

Buy

maintain

$110 -> $120

2025-07-21

Reason

UBS

Timothy Arcuri

Price Target

$110 -> $120

2025-07-21

maintain

Buy

Reason

UBS analyst Timothy Arcuri raised the firm's price target on Teradyne to $120 from $110 and keeps a Buy rating on the shares. UBS sees in-line Q2 results and upside to Street estimates for Q3 guidance, despite consternation about Teradyne potentially cutting again, the analyst tells investors in a research note. The firm doesn't expect much change in tone as management is likely to reiterate limited visibility and tariff-related uncertainty, but does see more of an upside bias to second half versus the Street.

JPMorgan

Samik Chatterjee

Overweight -> Neutral

downgrade

$88 -> $102

2025-07-17

Reason

JPMorgan

Samik Chatterjee

Price Target

$88 -> $102

2025-07-17

downgrade

Overweight -> Neutral

Reason

JPMorgan analyst Samik Chatterjee downgraded Teradyne to Neutral from Overweight with a price target of $102, up from $88. The firm says uncertainty in the macro environment is pressuring customer decisions on capital projects for semiconductor equipment. It expects pauses in customer decisions to drive a reduction in Teradyne's revenue and earnings estimates in the medium-term.

Goldman Sachs

Sell

initiated

$80

2025-07-10

Reason

Goldman Sachs

Price Target

$80

2025-07-10

initiated

Sell

Reason

Goldman Sachs initiated coverage of Teradyne with a Sell rating and $80 price target. The firm initiated on the U.S. semiconductor capital equipment, storage, and foundry sectors with a balanced view. The he semiconductor capital equipment industry is in mid-cycle, with both headwinds and tailwinds creating relatively stable revenue dynamics across the sector, the analyst tells investors in a research note. Goldman sees more downside than upside risks, and thinks stable revenue through 2026 is the most likely outcome. It believes China represents more opportunity than threat for companies. Upside remains in the hard-disk-drive cycle with a recovery in NAND, Goldman contends. The analyst says NAND is due for a rebound into 2026.

Morgan Stanley

Underweight

maintain

$68 -> $74

2025-07-09

Reason

Morgan Stanley

Price Target

$68 -> $74

2025-07-09

maintain

Underweight

Reason

Morgan Stanley raised the firm's price target on Teradyne (TER) to $74 from $68 and keeps an Underweight rating on the shares. Teradyne may expand its position at Nvidia (NVDA) to RTX, but the contribution is likely to be marginal, the analyst tells investors in a research note. The firm expects a cut to Street numbers at the June quarter earnings report.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Teradyne Inc (TER.O) is 27.45, compared to its 5-year average forward P/E of 27.58. For a more detailed relative valuation and DCF analysis to assess Teradyne Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

27.58

Current PE

27.45

Overvalued PE

33.68

Undervalued PE

21.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

19.02

Current EV/EBITDA

17.04

Overvalued EV/EBITDA

23.02

Undervalued EV/EBITDA

15.02

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

5.55

Current PS

4.52

Overvalued PS

6.46

Undervalued PS

4.64