Brokerages Set Teradyne, Inc. (NASDAQ:TER) PT at $114.44

Key Points

• Analysts have assigned Teradyne, Inc. a consensus rating of "Moderate Buy", with ten analysts recommending a buy and two suggesting a sell. The average 12-month price target is $114.44.
• Teradyne recently reported earnings of $0.57 EPS for the last quarter, beating expectations, although revenue decreased by 10.7% year-over-year.
• The company authorized a $1.00 billion share buyback program, indicating confidence from leadership that the stock is undervalued.

Teradyne, Inc. (NASDAQ:TER - Get Free Report) has received an average rating of "Moderate Buy" from the eighteen ratings firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $114.4375.

A number of brokerages have issued reports on TER. Stifel Nicolaus increased their price objective on shares of Teradyne from $85.00 to $100.00 and gave the company a "hold" rating in a report on Thursday, July 31st. Cowen reissued a "buy" rating on shares of Teradyne in a report on Wednesday, July 30th. Cantor Fitzgerald set a $105.00 target price on shares of Teradyne and gave the company an "overweight" rating in a report on Tuesday, June 24th. The Goldman Sachs Group reissued a "sell" rating and issued a $85.00 target price on shares of Teradyne in a report on Wednesday, July 30th. Finally, Susquehanna cut their target price on shares of Teradyne from $155.00 to $133.00 and set a "positive" rating for the company in a report on Wednesday, April 30th.

Teradyne Stock Performance

TER traded up $1.8930 during trading on Thursday, reaching $117.1930. 1,724,187 shares of the company traded hands, compared to its average volume of 3,479,030. Teradyne has a 12-month low of $65.77 and a 12-month high of $144.16. The firm has a fifty day simple moving average of $97.69 and a 200 day simple moving average of $91.00. The company has a market cap of $18.64 billion, a P/E ratio of 40.57, a PEG ratio of 2.43 and a beta of 1.72.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million during the quarter, compared to analyst estimates of $649.02 million. During the same period last year, the firm posted $0.86 EPS. The company's revenue was down 10.7% on a year-over-year basis. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, sell-side analysts expect that Teradyne will post 3.88 earnings per share for the current fiscal year.

Teradyne announced that its Board of Directors has initiated a share repurchase program on Monday, April 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total value of $58,724.00. Following the completion of the sale, the chief executive officer directly owned 96,993 shares in the company, valued at $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Teradyne

A number of institutional investors have recently bought and sold shares of TER. Berbice Capital Management LLC lifted its position in Teradyne by 200.0% in the first quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock worth $25,000 after buying an additional 200 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in Teradyne in the second quarter worth $35,000. Manchester Capital Management LLC lifted its position in Teradyne by 44.7% in the first quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock worth $37,000 after buying an additional 140 shares during the last quarter. Brooklyn Investment Group lifted its position in Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company's stock worth $38,000 after buying an additional 302 shares during the last quarter. Finally, Steph & Co. bought a new stake in Teradyne in the second quarter worth $43,000. 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.