Q3 EPS Estimates for Teradyne Lifted by Northland Securities

Teradyne, Inc. (NASDAQ:TER) – Northland Securities increased their Q3 2026 EPS estimates for shares of Teradyne in a note issued to investors on Thursday, July 30th. Northland Securities analyst G. Richard now expects that the company will earn $2.11 per share for the quarter, up from their prior estimate of $1.40. The consensus estimate for Teradyne’s current full-year earnings is $8.86 per share. Northland Securities also issued estimates for Teradyne’s Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $9.25 EPS, Q1 2027 earnings at $2.59 EPS, Q2 2027 earnings at $2.50 EPS and FY2027 earnings at $9.00 EPS.

Teradyne (NASDAQ:TER) last issued its earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the business posted $0.57 EPS. Teradyne’s revenue was up 103.9% on a year-over-year basis. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS.

A number of other analysts have also recently issued reports on the company. Stifel Nicolaus raised their price objective on Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $550.00 target price on shares of Teradyne in a report on Wednesday, July 29th. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Evercore reaffirmed an “outperform” rating and set a $420.00 price target on shares of Teradyne in a report on Thursday. Finally, Citigroup lifted their price objective on shares of Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One investment 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $396.80.

Teradyne Stock Down 0.5%

Shares of NASDAQ TER opened at $365.80 on Monday. The business’s 50 day moving average price is $382.76 and its two-hundred day moving average price is $338.83. The company has a market cap of $57.26 billion, a PE ratio of 50.18, a price-to-earnings-growth ratio of 0.76 and a beta of 1.78. Teradyne has a twelve month low of $103.00 and a twelve month high of $487.91.

Institutional Investors Weigh In On Teradyne

A number of hedge funds and other institutional investors have recently modified their holdings of TER. Integrated Wealth Concepts LLC increased its position in Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after acquiring an additional 468 shares during the period. Caxton Associates LLP bought a new stake in Teradyne in the 1st quarter valued at about $297,000. Cresset Asset Management LLC grew its position in shares of Teradyne by 11.6% during the 2nd quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock worth $608,000 after purchasing an additional 702 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Teradyne by 467.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after purchasing an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in shares of Teradyne by 5.1% during the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock worth $6,755,000 after purchasing an additional 3,651 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Activity

In related news, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the sale, the vice president directly owned 7,665 shares in the company, valued at $2,894,304. The trade was a 8.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 8,597 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $338.98, for a total value of $2,914,211.06. Following the completion of the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at approximately $42,192,840.60. This represents a 6.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 14,941 shares of company stock valued at $5,444,112. 0.19% of the stock is owned by insiders.

Teradyne Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were given a $0.13 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is currently 7.13%.

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.