Cantor Fitzgerald Reaffirms “Overweight” Rating for Teradyne (NASDAQ:TER)

Teradyne (NASDAQ:TER)‘s stock had its “overweight” rating restated by equities research analysts at Cantor Fitzgerald in a report issued on Wednesday,Benzinga reports. They presently have a $550.00 price objective on the stock. Cantor Fitzgerald’s target price suggests a potential upside of 71.30% from the company’s current price.

Several other brokerages have also recently commented on TER. Susquehanna raised their target price on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Stifel Nicolaus boosted their target price on Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Evercore set a $370.00 target price on shares of Teradyne in a research note on Thursday, April 30th. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley set a $387.00 price objective on shares of Teradyne in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus target price of $394.53.

Teradyne Trading Down 4.1%

TER opened at $321.07 on Wednesday. Teradyne has a twelve month low of $89.18 and a twelve month high of $487.91. The stock has a market cap of $50.26 billion, a PE ratio of 59.46, a price-to-earnings-growth ratio of 0.97 and a beta of 1.74. The business’s 50 day moving average is $382.68 and its 200-day moving average is $335.09.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne’s revenue was up 103.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 EPS. As a group, analysts forecast that Teradyne will post 7.2 EPS for the current year.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 8,597 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the completion of the sale, the chief executive officer directly owned 124,470 shares of the company’s stock, valued at $42,192,840.60. This trade represents a 6.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of Teradyne stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total value of $348,132.96. Following the completion of the transaction, the insider owned 15,066 shares of the company’s stock, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders have sold 14,941 shares of company stock valued at $5,444,112 in the last three months. 0.19% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Teradyne

A number of hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Teradyne in the fourth quarter worth about $398,777,000. Wellington Management Group LLP grew its stake in shares of Teradyne by 13,949.4% during the third quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock valued at $280,357,000 after purchasing an additional 2,022,389 shares during the last quarter. Aspex Management HK Ltd acquired a new stake in shares of Teradyne in the fourth quarter valued at approximately $199,723,000. Corient Private Wealth LLC increased its holdings in shares of Teradyne by 2,189.2% in the fourth quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock valued at $208,254,000 after purchasing an additional 1,028,916 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its position in Teradyne by 65.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after purchasing an additional 856,540 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne reported second-quarter revenue of $1.329 billion, up 103.9% year over year and above the $1.22 billion analyst consensus. Non-GAAP earnings were $2.47 per share, topping expectations near $2.09 and rising sharply from $0.57 a year earlier. Semiconductor Test generated $1.122 billion of revenue, the primary driver of the result. Teradyne Reports Second Quarter 2026 Results
• Positive Sentiment: Management forecast third-quarter revenue of approximately $1.2 billion to $1.3 billion and EPS of $1.85 to $2.15. The revenue midpoint of $1.25 billion and EPS midpoint of $2.00 were well above Wall Street expectations of roughly $1.0 billion and $1.43, respectively. Teradyne forecasts upbeat revenue on strong chip equipment demand
• Positive Sentiment: The outlook suggests continued investment in wafer-fabrication equipment as chipmakers develop more powerful processors for AI data centers and vehicles. This supports demand for Teradyne’s higher-value automated test systems and was cited as the reason shares rose sharply in after-hours trading. Teradyne forecasts upbeat revenue on strong chip equipment demand
• Neutral Sentiment: Despite the strong results, Teradyne remains a high-expectation stock: its P/E ratio is about 59 and its shares had recently pulled back substantially after a powerful year-long rally. Investors may therefore continue to scrutinize whether AI-driven growth can justify the valuation and sustain the elevated earnings outlook.

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.