Teradyne
NASDAQ: TER
Stock price
366.43 USD
(+0%) TODAY
Financial Performance
5Y price score: 297
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 1,669.3%
US$ Per
Share
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109.5
52-week range
487.9
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
1.4 %
Dividend Yield TTM
0.1 %
Market cap $
$ 57,288
Price / Earnings TTM
50.3
Price / Book TTM
16.7
PEG TTM
0.1
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
213.4 %
212.3 %
1,669.3 %
Free cash flow per share growth
193.6 %
(23.5) %
90 %
Earnings per share growth
385.7 %
(18.7) %
258.8 %
Founded: 1,960
Employees: 6,500
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Jul 29, 2026)
1) Financial Performance Highlights
- Teradyne reported record revenue of over $1.3 billion, up 100% YoY.
- Non-GAAP EPS reached $2.47, reflecting a 300% YoY increase.
- For the first half of 2026, revenue totaled $2.6 billion, and non-GAAP EPS was $5.02, up close to 100% and 275% YoY, respectively.
- All business segments (Semi Test, Product Test, Robotics) experienced growth driven by AI demand.
2) Segment Performance
- Semi Test: Revenue exceeded $1 billion, up 128% YoY. Breakdown: SoC at $843 million, memory at $212 million, IST at $67 million.
- Product Test: Revenue was $107 million, up 26% YoY and 33% QoQ.
- Robotics: Revenue reached $100 million, up 33% YoY and 9% QoQ.
- Strong demand in memory, particularly HBM and DRAM, with a book-to-bill ratio over 2.
3) Market Dynamics and Growth Drivers
- AI demand is a significant growth driver, with over 60% of revenue attributed to AI-related applications.
- Semiconductor capital investment is accelerating, with WFE CapEx forecasted to approach $250 billion.
- Advanced packaging and increased transistor counts are expected to drive ATE TAM growth to potentially exceed $20 billion.
- Teradyne anticipates strong growth in the data center market, benefiting from increased automation and testing needs.
4) Operational Strategy and Investments
- Teradyne is focused on a wafer-to-AI data center strategy, investing in R&D and next-gen technologies to capture growth opportunities.
- The company plans to maintain capital reserves for potential M&A while continuing to invest in scaling operations.
- Guidance for Q3 2026 includes revenue expectations of $1.2 billion to $1.3 billion and non-GAAP EPS of $1.85 to $2.15.
5) Outlook and Guidance
- Teradyne expects continued growth in 2027, driven by ATE TAM expansion and market share gains.
- The company anticipates a resurgence in memory and robotics growth in the second half of 2026, offset by potential softness in mobile and compute segments.
- There is confidence in achieving target earnings models, with expectations for gross margins to remain stable despite product mix changes.
Bottom line: Teradyne's strong financial performance, driven by AI demand and strategic investments, positions the company for sustained growth in the semiconductor testing market, making it an attractive opportunity for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteTeradyne — Financial Overview, Stock Price, Market Cap
Teradyne is a company. Founded in 1960. As of August 26, 2026, the company's market capitalization is $57288032630 with a current stock price of $366.43.