Teradyne
About: Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Employees: 6,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
129% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 55
100% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 8 (+4) [Q2]
31% more capital invested
Capital invested by funds: $18.2B [Q1] → $23.8B (+$5.65B) [Q2]
11% more funds holding
Funds holding: 670 [Q1] → 741 (+71) [Q2]
5% more repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 245
2.34% less ownership
Funds ownership: 105.2% [Q1] → 102.87% (-2.34%) [Q2]
20% less call options, than puts
Call options by funds: $253M | Put options by funds: $318M
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Cantor Fitzgerald C J Muse 56% 1-year accuracy 42 / 75 met price target | 26%upside $160 | Overweight Upgraded | 16 Aug 2024 |
Baird Richard Eastman 88% 1-year accuracy 14 / 16 met price target | 10%upside $140 | Outperform Maintained | 29 Jul 2024 |
Citigroup Atif Malik 76% 1-year accuracy 31 / 41 met price target | 27%upside $162 | Buy Maintained | 26 Jul 2024 |
Northland Capital Markets Gus Richard 46% 1-year accuracy 6 / 13 met price target | 1%downside $126 | Market Perform Maintained | 26 Jul 2024 |
Cantor Fitzgerald C J Muse 56% 1-year accuracy 42 / 75 met price target | 26%upside $160 | Neutral Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 12 articles about TER published over the past 30 days