Brokers Set Expectations for Teradyne FY2026 Earnings

Teradyne, Inc. (NASDAQ:TER - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for Teradyne in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst C. Muse anticipates that the company will post earnings of $4.00 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $110.00 price target on the stock. The consensus estimate for Teradyne's current full-year earnings is $3.88 per share.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.61 by $0.14. The business had revenue of $685.70 million during the quarter, compared to the consensus estimate of $680.54 million. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. The company's quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share.

A number of other equities analysts also recently commented on the company. Bank of America lowered their price objective on Teradyne from $100.00 to $85.00 and set an "underperform" rating for the company in a research report on Wednesday, March 12th. Stifel Nicolaus lowered their price target on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating for the company in a report on Wednesday, March 12th. TD Cowen dropped their price objective on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Robert W. Baird reduced their price objective on shares of Teradyne from $140.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. Finally, Susquehanna lowered their target price on shares of Teradyne from $155.00 to $133.00 and set a "positive" rating for the company in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $114.67.

Teradyne Trading Down 3.3%

TER traded down $2.83 on Tuesday, hitting $83.08. 2,736,591 shares of the company were exchanged, compared to its average volume of 2,632,958. Teradyne has a twelve month low of $65.77 and a twelve month high of $163.21. The company has a market cap of $13.33 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 2.83 and a beta of 1.69. The firm has a 50-day moving average price of $78.24 and a two-hundred day moving average price of $100.88.

Institutional Investors Weigh In On Teradyne

Several large investors have recently modified their holdings of the company. Strs Ohio acquired a new position in shares of Teradyne in the 1st quarter valued at $795,000. Acadian Asset Management LLC purchased a new position in Teradyne during the 1st quarter worth $2,398,000. Focus Partners Wealth increased its stake in Teradyne by 12.0% in the first quarter. Focus Partners Wealth now owns 44,766 shares of the company's stock valued at $3,698,000 after purchasing an additional 4,780 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Teradyne by 5.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,337,312 shares of the company's stock valued at $110,462,000 after buying an additional 63,670 shares during the last quarter. Finally, Woodline Partners LP raised its holdings in shares of Teradyne by 27,928.3% in the first quarter. Woodline Partners LP now owns 609,896 shares of the company's stock valued at $50,377,000 after buying an additional 607,720 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Thursday, May 22nd. Teradyne's dividend payout ratio is currently 13.56%.

Teradyne declared that its board has initiated a share buyback program on Monday, April 28th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 8.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.