Teradyne (NASDAQ:TER) Releases Q2 2026 Earnings Guidance

Teradyne (NASDAQ:TER) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.860-2.150 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

Teradyne Price Performance

TER traded up $43.64 on Thursday, hitting $349.97. 5,384,151 shares of the stock were exchanged, compared to its average volume of 3,480,891. Teradyne has a 12 month low of $73.11 and a 12 month high of $422.11. The business has a 50-day moving average of $328.53 and a two-hundred day moving average of $248.36. The firm has a market capitalization of $54.79 billion, a price-to-earnings ratio of 100.57, a PEG ratio of 2.37 and a beta of 1.79.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.45. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the business posted $0.75 earnings per share. Teradyne’s revenue was up 87.0% compared to the same quarter last year. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. Equities research analysts expect that Teradyne will post 6.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TER has been the subject of several recent analyst reports. Royal Bank Of Canada set a $270.00 price objective on shares of Teradyne in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective for the company in a research report on Thursday. Robert W. Baird set a $350.00 price objective on shares of Teradyne in a research report on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Teradyne in a research report on Thursday, January 22nd. Finally, Cantor Fitzgerald boosted their target price on Teradyne from $330.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus target price of $334.40.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Strong Q1 results — Teradyne reported record Q1 revenue of $1.282B and beat EPS estimates (non?GAAP EPS $2.56 vs. $2.11 consensus), highlighting outsized AI-driven demand and much stronger year?over?year growth. Teradyne Reports First Quarter 2026 Results
• Positive Sentiment: Broker upgrade — JPMorgan upgraded TER from Neutral to Overweight and set a $400 price target, signaling institutional conviction that upside remains vs. current levels.
• Positive Sentiment: Momentum recognition — Zacks added TER to its Rank #1 (Strong Buy) momentum list, which can attract quant/momentum flows. Best Momentum Stocks to Buy for April 30th
• Positive Sentiment: Unusual options activity — intraday flow showed a jump in call buying (roughly 6,641 calls), indicating speculative or directional bullish interest that can amplify short?term moves.
• Neutral Sentiment: Partnership news — Teradyne and Flex expanded a partnership to scale “physical AI,” which supports long?term end?market exposure but is unlikely to move the stock materially in the near term. Flex and Teradyne expand partnership to scale physical AI
• Negative Sentiment: Cautious Q2 guidance — management set Q2 revenue around $1.15B–$1.25B and non?GAAP EPS guidance of $1.86–$2.15, which some investors viewed as conservative relative to elevated expectations and prompted a sharp pullback earlier this week. Coverage pieces flagged the softer guidance as the reason for the prior sell?off. Teradyne Slides as 2Q Guidance Disappoints Lofty Expectations

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TER. Integrated Wealth Concepts LLC increased its stake in shares of Teradyne by 12.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after buying an additional 468 shares during the period. Caxton Associates LLP acquired a new position in shares of Teradyne in the first quarter valued at approximately $297,000. Cresset Asset Management LLC increased its stake in shares of Teradyne by 11.6% in the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock valued at $608,000 after buying an additional 702 shares during the period. NewEdge Advisors LLC increased its stake in shares of Teradyne by 467.1% in the second quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock valued at $306,000 after buying an additional 2,807 shares during the period. Finally, Treasurer of the State of North Carolina increased its stake in shares of Teradyne by 5.1% in the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock valued at $6,755,000 after buying an additional 3,651 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

About Teradyne

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.