TD Cowen Issues Positive Forecast for Teradata (NYSE:TDC) Stock Price

Teradata (NYSE:TDC) had its price target upped by equities researchers at TD Cowen from $24.00 to $25.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the technology company’s stock. TD Cowen’s price target indicates a potential downside of 5.69% from the stock’s previous close.

A number of other analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of Teradata from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Teradata in a report on Wednesday, October 8th. UBS Group lowered their target price on shares of Teradata from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Evercore ISI upped their price objective on shares of Teradata from $25.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Cowen reiterated a “hold” rating on shares of Teradata in a report on Wednesday. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Teradata presently has a consensus rating of “Hold” and an average price target of $26.38.

Teradata Stock Up 28.0%

TDC traded up $5.80 during trading on Wednesday, reaching $26.51. The company had a trading volume of 2,925,758 shares, compared to its average volume of 1,243,059. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. Teradata has a 12 month low of $18.43 and a 12 month high of $33.20. The business’s fifty day moving average price is $21.43 and its 200 day moving average price is $21.68. The company has a market cap of $2.50 billion, a P/E ratio of 23.48, a PEG ratio of 5.47 and a beta of 0.71.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.19. Teradata had a net margin of 6.57% and a return on equity of 96.29%. The firm had revenue of $416.00 million for the quarter, compared to analyst estimates of $406.30 million. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The business’s revenue was down 5.5% on a year-over-year basis. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. Equities analysts anticipate that Teradata will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Teradata

Several institutional investors and hedge funds have recently bought and sold shares of TDC. Principal Financial Group Inc. lifted its position in Teradata by 113.6% during the first quarter. Principal Financial Group Inc. now owns 476,695 shares of the technology company’s stock worth $10,716,000 after purchasing an additional 253,533 shares during the period. Envestnet Asset Management Inc. lifted its position in Teradata by 63.5% during the first quarter. Envestnet Asset Management Inc. now owns 149,462 shares of the technology company’s stock worth $3,360,000 after purchasing an additional 58,040 shares during the period. New York State Common Retirement Fund lifted its position in Teradata by 11.6% during the first quarter. New York State Common Retirement Fund now owns 62,457 shares of the technology company’s stock worth $1,404,000 after purchasing an additional 6,500 shares during the period. Louisiana State Employees Retirement System lifted its position in Teradata by 69.5% during the first quarter. Louisiana State Employees Retirement System now owns 45,100 shares of the technology company’s stock worth $1,014,000 after purchasing an additional 18,500 shares during the period. Finally, AMH Equity Ltd bought a new stake in Teradata during the first quarter worth about $3,035,000. Institutional investors own 90.31% of the company’s stock.

About Teradata

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.