Wall Street Zen upgraded shares of Teradata (NYSE:TDC – Free Report) from a hold rating to a buy rating in a report issued on Saturday morning.
Other analysts have also issued research reports about the company. UBS Group cut their target price on Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Zacks Research lowered Teradata from a “hold” rating to a “strong sell” rating in a research report on Monday, September 8th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $26.86.
Read Our Latest Report on Teradata
Teradata Stock Up 1.5%
Teradata (NYSE:TDC – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. The firm had revenue of $408.00 million for the quarter, compared to analyst estimates of $399.73 million. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.64 EPS. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, equities research analysts anticipate that Teradata will post 1.31 EPS for the current year.
Hedge Funds Weigh In On Teradata
Institutional investors have recently modified their holdings of the business. Laurel Wealth Advisors LLC grew its stake in shares of Teradata by 2,132.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,116 shares of the technology company’s stock worth $25,000 after acquiring an additional 1,066 shares in the last quarter. Tsfg LLC acquired a new position in shares of Teradata in the first quarter worth $26,000. IFP Advisors Inc grew its stake in shares of Teradata by 405.4% in the second quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock worth $27,000 after acquiring an additional 981 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Teradata by 64.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,364 shares of the technology company’s stock worth $30,000 after acquiring an additional 533 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in shares of Teradata in the second quarter worth $42,000. Institutional investors and hedge funds own 90.31% of the company’s stock.
Teradata Company Profile
Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.
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