Northland Capmk Weighs in on Teradyne FY2026 Earnings

Teradyne, Inc. (NASDAQ:TER) – Equities research analysts at Northland Capmk issued their FY2026 EPS estimates for Teradyne in a research note issued to investors on Monday, January 6th. Northland Capmk analyst G. Richard anticipates that the company will post earnings per share of $6.15 for the year. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Teradyne’s current full-year earnings is $3.17 per share.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The company had revenue of $737.30 million for the quarter, compared to analysts’ expectations of $716.40 million. During the same period last year, the firm earned $0.80 EPS. Teradyne’s revenue for the quarter was up 4.8% compared to the same quarter last year.

A number of other research analysts have also recently weighed in on TER. Northland Securities upgraded shares of Teradyne from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $117.00 to $154.00 in a research note on Monday. JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and raised their price target for the company from $145.00 to $158.00 in a report on Monday, December 16th. Evercore ISI upped their price objective on Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Robert W. Baird decreased their target price on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Craig Hallum lowered their price target on Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $150.33.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $137.15 on Wednesday. The firm’s 50 day simple moving average is $117.34 and its two-hundred day simple moving average is $127.70. The company has a market capitalization of $22.34 billion, a P/E ratio of 43.54, a P/E/G ratio of 2.66 and a beta of 1.46. Teradyne has a 1-year low of $92.29 and a 1-year high of $163.21.

Teradyne announced that its Board of Directors has authorized a stock repurchase program on Monday, November 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 0.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.35%. Teradyne’s payout ratio is currently 15.24%.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares in the company, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.36% of the company’s stock.

Institutional Trading of Teradyne

Institutional investors have recently bought and sold shares of the stock. State Street Corp raised its stake in shares of Teradyne by 5.4% in the third quarter. State Street Corp now owns 6,880,148 shares of the company’s stock valued at $921,458,000 after acquiring an additional 350,002 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Teradyne by 1.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,603,123 shares of the company’s stock valued at $682,597,000 after purchasing an additional 57,989 shares during the last quarter. Geode Capital Management LLC raised its position in Teradyne by 5.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,131 shares of the company’s stock worth $535,484,000 after purchasing an additional 209,868 shares during the period. Van ECK Associates Corp lifted its stake in Teradyne by 6.3% in the third quarter. Van ECK Associates Corp now owns 3,082,064 shares of the company’s stock worth $383,501,000 after purchasing an additional 183,721 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Teradyne by 18.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company’s stock valued at $325,814,000 after buying an additional 374,522 shares during the period. 99.77% of the stock is currently owned by institutional investors.

About Teradyne

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.