Zacks Research Issues Negative Outlook for Teradyne Earnings

Teradyne, Inc. (NASDAQ:TER - Free Report) - Research analysts at Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for Teradyne in a note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.88 for the quarter, down from their prior 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.

Other analysts also recently issued research reports about the stock. KeyCorp reaffirmed a "sector weight" rating on shares of Teradyne in a research report on Thursday, April 17th. Cantor Fitzgerald decreased their price target on shares of Teradyne from $150.00 to $110.00 and set an "overweight" rating for the company in a research note on Wednesday, March 12th. Northland Securities dropped their price objective on shares of Teradyne from $154.00 to $140.00 and set an "outperform" rating on the stock in a report on Friday, January 31st. TD Cowen cut 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. Finally, Citigroup decreased their target price on Teradyne from $130.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has assigned 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

Shares of NASDAQ:TER traded down $1.51 during midday trading on Wednesday, reaching $76.98. The company's stock had a trading volume of 1,813,187 shares, compared to its average volume of 2,587,606. Teradyne has a fifty-two week low of $65.77 and a fifty-two week high of $163.21. The firm has a 50 day moving average price of $78.16 and a two-hundred day moving average price of $103.42. The firm has a market capitalization of $12.35 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 2.83 and a beta of 1.70.

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

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

Teradyne Announces Dividend

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

Hedge Funds Weigh In On Teradyne

Several large investors have recently bought and sold shares of TER. Vanguard Group Inc. raised its holdings in shares of Teradyne by 2.5% in the first quarter. Vanguard Group Inc. now owns 20,922,231 shares of the company's stock valued at $1,728,176,000 after purchasing an additional 516,332 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Teradyne by 59.9% in 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. Ameriprise Financial Inc. grew its holdings in shares of Teradyne by 28.3% in the fourth quarter. Ameriprise Financial Inc. now owns 4,828,689 shares of the company's stock valued at $608,025,000 after acquiring an additional 1,065,474 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Teradyne by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 4,105,505 shares of the company's stock valued at $515,665,000 after acquiring an additional 94,374 shares in the last quarter. Finally, Aspex Management HK Ltd increased its position in shares of Teradyne by 35.5% during the fourth quarter. Aspex Management HK Ltd now owns 3,234,842 shares of the company's stock valued at $407,331,000 after acquiring an additional 847,409 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.

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.