Zacks Research Estimates Teradyne's Q3 Earnings (NASDAQ:TER)

Teradyne, Inc. (NASDAQ:TER - Free Report) - Research analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of Teradyne in a research note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now expects that the company will earn $0.88 per share for the quarter, down from their previous forecast of $1.12. The consensus estimate for Teradyne's current full-year earnings is $3.88 per share. Zacks Research also issued estimates for Teradyne's Q4 2026 earnings at $1.11 EPS, FY2026 earnings at $3.67 EPS and FY2027 earnings at $4.85 EPS.

TER has been the topic of a number of other reports. TD Cowen decreased their target price on Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Morgan Stanley decreased their price objective on shares of Teradyne from $81.00 to $69.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 16th. Citigroup dropped their target price on shares of Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a report on Wednesday, March 12th. UBS Group set a $130.00 price target on shares of Teradyne and gave the company a "buy" rating in a report on Wednesday, March 12th. Finally, Susquehanna dropped their price objective 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 equities research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $117.56.

Teradyne Stock Performance

TER stock traded down $1.51 during trading on Wednesday, reaching $76.98. 1,813,187 shares of the company were exchanged, compared to its average volume of 2,589,427. The stock's 50 day moving average price is $78.16 and its 200 day moving average price is $103.32. Teradyne has a 52-week low of $65.77 and a 52-week high of $163.21. The company has a market cap of $12.35 billion, a P/E ratio of 23.12, a PEG ratio of 2.83 and a beta of 1.70.

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, beating the consensus estimate of $0.61 by $0.14. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. The business had revenue of $685.70 million during the quarter, compared to analysts' expectations of $680.54 million. During the same period last year, the firm earned $0.51 EPS. The company's quarterly revenue was up 14.3% compared to the same quarter last year.

Teradyne announced that its board has initiated a stock repurchase program on Monday, April 28th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 22nd will be issued a $0.12 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.62%. Teradyne's payout ratio is 13.56%.

Hedge Funds Weigh In On Teradyne

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp increased its holdings in shares of Teradyne by 59.9% during the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company's stock worth $620,552,000 after buying an additional 1,846,079 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in Teradyne during the fourth quarter valued at about $12,118,000. Empowered Funds LLC increased its stake in Teradyne by 16.2% during the fourth quarter. Empowered Funds LLC now owns 30,269 shares of the company's stock worth $3,811,000 after acquiring an additional 4,212 shares during the last quarter. Boston Trust Walden Corp raised its holdings in shares of Teradyne by 3.3% in the 4th quarter. Boston Trust Walden Corp now owns 408,177 shares of the company's stock worth $51,398,000 after purchasing an additional 13,020 shares during the period. Finally, New Mexico Educational Retirement Board lifted its stake in shares of Teradyne by 2.6% in the 4th quarter. New Mexico Educational Retirement Board now owns 7,800 shares of the company's stock valued at $982,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

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.