TERNASDAQ— Teradyne, Inc. Price & Analysis

Teradyne, Inc.

TECHNOLOGY — SEMICONDUCTOR EQUIPMENT & MATERIALS

$266.12

+$20.72+8.44%

Market Cap: $38.07B; Large Cap
P/E Ratio: 27.98; Fwd: 19.76
EPS (TTM): $8.72
Div. Yield: 0.21%

Technical Summary

RSI (14)34.11Neutral

SMA (50)$347.33Bearish

SMA (200)$349.87Bearish

MACD-36.2174Bearish

Bollinger$208.46 – $379.85Mid

Stochastic19.33Oversold

Theo Outlook

Teradyne, Inc. develops, manufactures, sells, and services automated test equipment and solutions across semiconductor test, system test, industrial automation, and wireless test segments. For the trailing twelve months through September 27, 2026, the company reported revenue of $5.00 billion, a profit margin of 27.5%, earnings per share of $8.72, and a market capitalization of $38.07 billion.

Bull case: Teradyne posted quarterly revenue growth of 69.8% year over year and quarterly earnings growth of 169.4% year over year through September 27, 2026, alongside an operating margin of 32.1% and return on equity of 42.0%. Bear case: The company carries a trailing price-to-earnings ratio of 28.0 and a beta of 1.75 as of the latest data, with a PEG ratio of 0.65.

Main risks center on the cyclical nature of semiconductor demand and competition in automated testing markets. Analysis generated by HeyTheo AI from company and market data. It may be incomplete or inaccurate.

Analysis generated by HeyTheo AI on Nov 10, 2026.

Company Overview

Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages. These capabilities serve a wide array of sectors, including automotive, industrial, telecommunications, consumer electronics, mobile devices, cloud computing, and gaming. Notable offerings include the FLEX test platform, the J750 system for high-volume semiconductor testing, the Magnum platform specialized for memory components like flash and DRAM, and the ETS platform, which caters to the analog/mixed-signal markets for chip makers and outsourced assembly/test providers. Its clientele encompasses integrated device manufacturers (IDMs), fabless chip companies, foundries, and independent semiconductor assembly and test firms. 2. System Test: This division provides instrumentation and systems for defense and aerospace applications, data storage testing apparatus, and solutions for circuit board examination and fault detection. 3. Industrial Automation: This segment supplies collaborative robotic arms, self-governing mobile robots, and sophisticated software for robotic control, primarily catering to clients in manufacturing, logistics, and lighter industrial applications. 4. Wireless Test: Operating under its LitePoint brand, this segment delivers crucial testing solutions for the development and production of various wireless products, ranging from modules and smartphones to tablets, laptops, peripherals, and Internet-of-Things (IoT) gadgets. Key offerings include IQxel for Wi-Fi and other connectivity standards, IQxstream for comprehensive cellular technology testing (including 5G), IQcell for multi-device cellular signaling verification, IQgig, and ready-to-use test software tailored for wireless chipsets.

Fundamental Snapshot

Revenue: $5.00B
EBITDA: $1.79B
Gross Profit: $2.97B
Operating Margin: 32.1%
Profit Margin: 27.5%
ROE: 42.0%
Book Value: $23.61
Beta: 1.75
52-Wk High: $487.91
52-Wk Low: $151.52
Volume: 2.03M
PEG Ratio: 0.65

Frequently Asked Questions

What does Teradyne do?

Teradyne, Inc. creates, produces, sells, and maintains automated testing solutions for semiconductors, systems, industrial automation, and wireless devices. Its four main segments include semiconductor test equipment for chips, system test for defense and storage, collaborative robots for manufacturing, and wireless test tools under the LitePoint brand.

Where does Teradyne's revenue come from?

Teradyne generates revenue primarily from its semiconductor test segment serving automotive, industrial, telecom, consumer electronics, and cloud markets, with additional contributions from system test, industrial automation, and wireless test products. For the trailing twelve months through September 27, 2026, total revenue reached $5.00 billion.

How does Teradyne compete?

Teradyne competes through specialized platforms such as the FLEX and J750 systems for high-volume chip testing, the Magnum platform for memory devices, and LitePoint tools for wireless standards including 5G and Wi-Fi. It serves integrated device manufacturers, fabless companies, foundries, and assembly firms with solutions across multiple end markets.

What are the main risks for Teradyne?

Teradyne faces risks from the cyclical semiconductor industry and intense competition in automated test equipment. Its beta of 1.75 as of the latest data highlights potential stock volatility tied to technology spending cycles.

How is Teradyne valued?

Teradyne trades at a trailing price-to-earnings ratio of 28.0, a forward price-to-earnings ratio of 19.8, a price-to-sales ratio of 7.6, and a price-to-book ratio of 10.3 as of the latest reported figures. Its PEG ratio stands at 0.65, enterprise value to revenue at 7.6, and enterprise value to EBITDA at 21.1.