Northland Securities Comments on Teradyne Q2 Earnings

Key Points

• Northland Securities raised its Q2 2026 EPS estimate for Teradyne to $2.04 (from $1.64), kept a "Market Perform" rating with a $270 price target, and now projects FY2026 EPS of $7.25.
• Teradyne beat expectations in Q1 with EPS of $2.56 (vs. $2.11 est.) and revenue of $1.28B (up 87% YoY), but management's Q2 guidance of $1.86–$2.15 EPS was seen as conservative and sparked a post-earnings selloff.
• Analysts are broadly constructive—MarketBeat shows a consensus "Moderate Buy" with an average target of about $339.80—yet mixed price targets and the stock's ~350% rally into April have amplified near-term volatility.

Teradyne, Inc. (NASDAQ:TER - Free Report) - Equities researchers at Northland Securities lifted their Q2 2026 earnings estimates for Teradyne in a report released on Thursday, April 30th. Northland Securities analyst G. Richard now expects that the company will post earnings per share of $2.04 for the quarter, up from their previous forecast of $1.64. Northland Securities has a "Market Perform" rating and a $270.00 price objective on the stock. The consensus estimate for Teradyne's current full-year earnings is $7.05 per share. Northland Securities also issued estimates for Teradyne's FY2026 earnings at $7.25 EPS.

TER has been the topic of a number of other research reports. Zacks Research lowered Teradyne from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. Royal Bank Of Canada set a $270.00 target price on shares of Teradyne in a research report on Monday, February 2nd. Vertical Research cut shares of Teradyne from a "buy" rating to a "hold" rating and set a $220.00 price target for the company. in a report on Friday, January 9th. Stifel Nicolaus lifted their price objective on shares of Teradyne from $325.00 to $390.00 and gave the stock a "buy" rating in a research note on Tuesday, April 28th. Finally, Wall Street Zen raised Teradyne from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Teradyne presently has a consensus rating of "Moderate Buy" and an average target price of $339.80.

Teradyne Stock Performance

Teradyne stock opened at $345.42 on Monday. The stock has a market cap of $54.08 billion, a PE ratio of 63.97, a price-to-earnings-growth ratio of 1.43 and a beta of 1.79. The stock has a 50-day moving average of $329.08 and a two-hundred day moving average of $250.58. Teradyne has a one year low of $73.11 and a one year high of $422.11.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the firm posted $0.75 earnings per share. The business's quarterly revenue was up 87.0% on a year-over-year basis. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS.

Institutional Investors Weigh In On Teradyne

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Teradyne during the fourth quarter worth about $28,000. Root Financial Partners LLC purchased a new stake in shares of Teradyne in the 3rd quarter valued at approximately $31,000. Davidson Capital Management Inc. purchased a new stake in Teradyne in the third quarter valued at approximately $31,000. CYBER HORNET ETFs LLC acquired a new position in Teradyne during the 2nd quarter worth about $35,000. Finally, Hemington Wealth Management lifted its position in shares of Teradyne by 43.2% during the third quarter. Hemington Wealth Management now owns 262 shares of the company's stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Q1 results beat expectations and prompted fresh analyst revisions — Teradyne reported stronger-than-expected revenue and EPS, which is driving upward estimate revisions and supporting near-term upside. Results: Teradyne, Inc. Beat Earnings Expectations
• Positive Sentiment: Analysts and brokerages are lifting forecasts and ratings — JPMorgan upgraded TER to Overweight with a $400 target and several firms have raised EPS estimates, which supports the bullish case that current weakness is a buying opportunity. JPMorgan upgrades Teradyne to Buy
• Positive Sentiment: AI and robotics end-market momentum — Coverage highlighting Teradyne’s exposure to AI-related test equipment and improving robotics revenue underpins higher medium-term growth expectations. AI Momentum Lifts Teradyne In Nasdaq Composite Index Spotlight
• Positive Sentiment: Teradyne Robotics revenue is rising — Early-2026 growth in the robotics segment gives investors more confidence in diversified revenue drivers beyond semiconductor test. Teradyne Robotics revenue rises at the start of 2026
• Neutral Sentiment: Institutional positions and momentum lists are drawing attention — Large holders (e.g., Cathie Wood’s funds) and momentum screens keep TER in focus; this can amplify both rallies and pullbacks depending on flows. Cathie Wood's Robotics Bet Dips After 350% Run — JPMorgan Says Buy
• Neutral Sentiment: Analyst estimate lifts but mixed price targets — Firms like Northland raised EPS forecasts, yet some price targets remain conservative versus current levels, so analyst activity is constructive but not uniformly bullish. Earnings Estimates Rising for Teradyne (TER)
• Negative Sentiment: Q2 guidance disappointed some investors — Management’s Q2 revenue guide and modeled FY targets were seen as conservative vs. lofty expectations, which triggered a sharp post-earnings selloff and adds near-term downside risk if order trends soften. Teradyne Slides as 2Q Guidance Disappoints Lofty Expectations
• Negative Sentiment: Volatility from a large prior run-up — The stock’s ~350% rally into April created a bigger base for profit-taking; recent sharp pullbacks and heightened option activity increase short-term volatility. Earnings Estimates Rising for Teradyne (TER): Will It Gain?

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.