Inside the research

Teradyne, Inc.

TER Research profile · latest available data

Price overview

$398.38

▲ +10.68 (+2.8%)

52w hi$483.65
52w lo$131.82
Vol1.61M
As of25 Sep 2026

The Verdict

Hold

Our score +0.27

Short-0.40
Medium+0.62
Long+0.93

computed 2026-09-27

Key fundamentals

Teradyne, Inc.

Technology · Semiconductor Equipment & Materials

Market cap$62.28B
Enterprise value$62.06B
Trailing P/E54.65x
Forward P/E34.19x
EV / EBITDA41.24x
P / S (ttm)13.95x
Profit margin25.8%
Return on equity36.5%
Revenue growth+103.9%
Earnings growth+385.8%
Debt / equity2.88

Layer Breakdown

LayerRawContribution
Fundamental+0.35
Sector+0.24
Technical-0.14
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The Robotics segment provides collaborative robotic arms and autonomous mobile robots for manufacturing, logistics, and industrial customers. It also provides product test instruments which includes operations related to the design, manufacturing and marketing of products and services for defense/aerospace test, circuit-board test, wireless test systems, and silicon photonics testing. The company has a strategic collaboration with Tokyo Electron Limited for the development of a test cell solution for device screening in AI and data center applications. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

United States · www.teradyne.com

Risk Metrics

Beta vs SPX2.25
Corr SPX0.55
Annual vol66.1%
Annual ret+78.2%
Sharpe1.18
Max DD-51.5%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$369.53
High / Low$470.00 / $270.00
Median$387.00
Analysts17
Strong Buy1
Buy11
Hold6
Sell0
Strong Sell0

Recent rating actions

2026-04-30JP Morgan→ Overweight
2026-04-30Goldman Sachs→ Buy
2026-04-30Evercore ISI Group→ Outperform
2026-04-30Citigroup→ Buy
2026-04-28Stifel→ Buy
2026-04-28Evercore ISI Group→ Outperform

Material Events

DateEvent8-K
2026-08-10Material Agreement, Material Obligation…read
2026-07-29Earnings Release, Exhibitsread
2026-05-11Shareholder Voteread
2026-04-29Earnings Release, Exhibitsread
2026-02-03Earnings Release, Exhibitsread
2025-10-29Earnings Release, Exhibitsread
2025-10-28Officer / Director Change, Reg FD Disclosure…read
2025-09-02Officer / Director Changeread
2025-07-30Earnings Release, Exhibitsread
2025-06-26Officer / Director Change, Reg FD Disclosure…read
2025-06-203.03, Bylaws Amendment…read
2025-05-12Officer / Director Change, Shareholder Voteread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share93.3%
HHI2,547 (concentrated)

Top Holders

HolderValueShares
State Street Corp$3.53B7.29M
Fidelity / FMR LLC$1.99B4.11M
AQR Capital Management$1.14B2.42M
Capital Research / Capital World$804.39M1.66M
Citadel Advisors$542.34M1.12M
Ark Invest$311.97M644.78K
Millennium Management$112.06M231.60K
Renaissance Technologies$105.53M218.10K
Bridgewater Associates$47.72M98.63K
T. Rowe Price Group$740.38K1.53M

As of 2026-06-30

Dividends

Yield (TTM)0.06%
$ / share (TTM)$0.25
5y CAGR+3.7%

Annual dividend per share

2021$0.40
2022$0.44
2023$0.44
2024$0.48
2025$0.48
2026$0.13

Federal Contracts

AmountAgencyDescription
$14.24MDepartment of DefenseVERSATILE DIAGNOSTIC AUTOMATED TEST STATION PARTS
$13.34MDepartment of DefenseVERSATILE DIAGNOSTIC AUTOMATED TEST STATION PARTS
$9.39MDepartment of DefenseVERSATILE DIAGNOSTIC AUTOMATED TEST STATION PARTS
$9.37MDepartment of DefenseDOMESTIC PRODUCTION UNITS
$8.36MDepartment of DefenseNOUN: CIRCUIT CARD ASSEMBLY. NSN: 5998-01-659-7666. P/N: AI-762-20. QTY: 99 EA.
$5.19MDepartment of DefenseDO - VDATS TERADYNE IDIQ
$5.18MDepartment of DefenseTHIS REQUIREMENT IS FOR THE PROCUREMENT OF KITS, REQUIRED TO ASSEMBLE VDATS, IN
$4.46MDepartment of DefenseTHIS REQUIREMENT IS FOR THE PROCUREMENT OF KITS, REQUIRED TO ASSEMBLE VDATS, IN

SEC Filings

DateFormDoc
2026-08-108-Kview
2026-08-044view
2026-07-3110-Qview
2026-07-298-Kview
2026-07-164view
2026-07-164view
2026-07-024view
2026-06-294view
2026-06-294view
2026-06-294view
2026-06-164view
2026-06-164view
2026-06-164view
2026-06-164view
2026-06-164view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$2.82B+6.4%
Gross profit$1.54B+11.2%
Operating income$650.05M+6.5%
Net income$448.75M+1.4%
Cash from ops$585.23M+12.3%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$394.85$400.46$388.38$398.381.61M
Sep 24$383.08$388.54$376.02$387.701.33M
Sep 23$398.00$398.68$378.31$389.142.01M
Sep 22$373.00$399.40$370.45$398.692.32M
Sep 21$378.71$384.99$370.88$381.543.39M

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