Teradyne (NASDAQ:TER) Shares Down 1.4% – What’s Next?

Shares of Teradyne, Inc. (NASDAQ:TER) dropped 1.4% on Friday . The company traded as low as $372.80 and last traded at $379.31. 3,732,265 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 3,863,182 shares. The stock had previously closed at $384.89.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Evercore reissued an “outperform” rating and set a $420.00 target price on shares of Teradyne in a research note on Thursday, July 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price target on the stock in a report on Thursday, April 30th. Stifel Nicolaus boosted their price objective on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $465.00 price objective on shares of Teradyne in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $396.80.

Teradyne Price Performance

The firm has a market cap of $59.30 billion, a price-to-earnings ratio of 52.03, a P/E/G ratio of 0.79 and a beta of 1.78. The firm’s fifty day moving average is $383.36 and its two-hundred day moving average is $342.29.

Teradyne (NASDAQ:TER) last released its earnings results on Tuesday, July 28th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the company earned $0.57 EPS. Teradyne’s quarterly revenue was up 103.9% on a year-over-year basis. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. On average, equities analysts forecast that Teradyne, Inc. will post 9.1 earnings per share for the current fiscal year.

Insider Activity at Teradyne

In other Teradyne news, insider Shannon John Poulin sold 656 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total transaction of $232,880.00. Following the completion of the transaction, the insider directly owned 15,722 shares of the company’s stock, valued at approximately $5,581,310. This trade represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 4,000 shares of Teradyne stock in a transaction on Monday, June 15th. The shares were sold at an average price of $423.03, for a total value of $1,692,120.00. Following the transaction, the chief executive officer owned 120,470 shares in the company, valued at approximately $50,962,424.10. This trade represents a 3.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 14,261 shares of company stock worth $5,187,344. 0.19% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Teradyne in the 2nd quarter worth approximately $9,404,408,000. Andar Capital Management HK Ltd acquired a new stake in Teradyne during the second quarter valued at approximately $37,800,000. State Street Corp lifted its stake in Teradyne by 0.9% during the fourth quarter. State Street Corp now owns 7,078,635 shares of the company’s stock valued at $1,370,141,000 after purchasing an additional 60,986 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Teradyne by 3.0% during the second quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock worth $442,413,000 after buying an additional 143,058 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Teradyne by 18.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock worth $813,640,000 after buying an additional 659,273 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

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.