Teradyne (NASDAQ:TER) Issues Q3 2026 Earnings Guidance

Teradyne (NASDAQ:TER) updated its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.850-2.150 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.0 billion.

Wall Street Analysts Forecast Growth

TER has been the subject of a number of research analyst reports. Susquehanna raised their target price on Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Weiss Ratings lowered Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, July 20th. Bank of America raised their price objective on Teradyne from $365.00 to $525.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price for the company in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $394.53.

Teradyne Stock Down 4.1%

Shares of NASDAQ:TER traded down $13.70 during midday trading on Tuesday, reaching $321.07. The company’s stock had a trading volume of 5,621,385 shares, compared to its average volume of 3,826,436. The stock has a fifty day moving average of $382.69 and a 200 day moving average of $334.39. Teradyne has a twelve month low of $89.18 and a twelve month high of $487.91. The firm has a market capitalization of $50.26 billion, a PE ratio of 59.46, a P/E/G ratio of 1.01 and a beta of 1.74.

Teradyne (NASDAQ:TER) last posted its earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. Sell-side analysts anticipate that Teradyne will post 7.2 earnings per share for the current fiscal year.

Teradyne Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, May 21st. This is an increase from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio (DPR) is 9.63%.

Insider Activity

In other news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the sale, the vice president owned 7,665 shares in the company, valued at $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $345.37, for a total value of $348,132.96. Following the sale, the insider directly owned 15,066 shares in the company, valued at approximately $5,203,344.42. This trade represents a 6.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 sold a total of 14,941 shares of company stock valued at $5,444,112 in the last quarter. 0.19% of the stock is currently owned by company insiders.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Investor attention remains focused on strong AI-driven demand, semiconductor testing activity and the potential contribution from Teradyne’s Tokyo Electron partnership. These factors could support revenue growth and the company’s longer-term robotics and semiconductor businesses if management provides favorable guidance. Teradyne Earnings Put AI-Driven Fair Value Narrative to the Test
• Neutral Sentiment: The upcoming earnings report is the primary near-term catalyst. Investors will assess revenue growth, margins, orders, AI-related demand and the outlook for the remainder of 2026. The company’s prior quarter exceeded analyst expectations, raising the importance of another strong performance. Teradyne Reports Earnings Tomorrow: What to Expect
• Neutral Sentiment: Several market reports have highlighted Teradyne among robotics stocks worth watching, reflecting continued interest in automation, robotics and AI exposure. However, these articles provide limited new company-specific information ahead of the earnings release. Robotics Stocks to Watch Now
• Negative Sentiment: Valuation and exceptionally high expectations are weighing on sentiment. Teradyne has delivered substantial long-term gains, but its shares are now viewed as roughly fairly valued, leaving less room for disappointment. The recent 30-day pullback suggests investors may be reducing risk before results, particularly because the stock’s premium valuation requires continued earnings growth and bullish guidance. Teradyne Stock May Trade Near Fair Value on Earnings

Institutional Investors Weigh In On Teradyne

A number of hedge funds and other institutional investors have recently made changes to their positions in TER. Wellington Management Group LLP increased its holdings in shares of Teradyne by 13,949.4% during the 3rd 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 in the last quarter. Corient Private Wealth LLC boosted its holdings in Teradyne by 2,189.2% during the fourth quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock worth $208,254,000 after buying an additional 1,028,916 shares in the last quarter. Rafferty Asset Management LLC boosted its holdings in Teradyne by 65.4% during the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock worth $194,770,000 after buying an additional 856,540 shares in the last quarter. Bank of America Corp DE grew its position in Teradyne by 60.1% during the second quarter. Bank of America Corp DE now owns 2,082,945 shares of the company’s stock valued at $187,298,000 after buying an additional 781,517 shares during the period. Finally, Alliancebernstein L.P. grew its position in Teradyne by 350.8% during the third quarter. Alliancebernstein L.P. now owns 875,867 shares of the company’s stock valued at $120,554,000 after buying an additional 681,571 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Company Profile

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.