Teradyne (TER)

• Market cap: $11.9B
• 1 day: -0.91%
• 5 days: -0.74%
• 1 month: -10.16%
• 3 months: -35.51%
• 6 months: -32.22%
• Year to date: -41.36%
• 1 year: -36.20%
• 5 years: 18.66%
• 10 years: 306.63%
• Sector: Technology
• Industry: Semiconductor Equipment & Materials

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 Q4 regulatory disclosures by fund managers ($100M+ AUM)

300% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 12 (+9) [Q4]

34% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 94

2% more funds holding

Funds holding: 741 [Q3] → 757 (+16) [Q4]

1.32% more ownership

Funds ownership: 96.54% [Q3] → 97.86% (+1.32%) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 261

4% less capital invested

Capital invested by funds: $21B [Q3] → $20.1B (-$940M) [Q4]

63% less call options, than puts

Call options by funds: $188M | Put options by funds: $508M

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $69 7% downside
• Avg. target: $114 53% upside
• High target: $150 102% upside

12 analyst ratings

• positive: 9 75%
• neutral: 1 8%
• negative: 2 17%

Susquehanna Mehdi Hosseini 21% 1-year accuracy 8 / 38 met price target	79% upside $133	Positive Maintained	30 Apr 2025
JP Morgan Samik Chatterjee 51% 1-year accuracy 38 / 75 met price target	24% upside $92	Overweight Maintained	17 Apr 2025
Morgan Stanley Joseph Moore 42% 1-year accuracy 26 / 62 met price target	7% downside $69	Underweight Maintained	16 Apr 2025
Baird Richard Eastman 9% 1-year accuracy 2 / 23 met price target	48% upside $110	Outperform Maintained	13 Mar 2025
UBS Timothy Arcuri 35% 1-year accuracy 12 / 34 met price target	75% upside $130	Buy Maintained	12 Mar 2025