TER Stock Analysis: Teradyne | NASDAQ
Semiconductor Equipment & Materials | NASDAQ, USA | Market Cap: 50.001m USD | 12M Return: 248.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.27B
EPS Trend: 77.5%
Qual. Beats: 4
Rev. Trend: 80.2%
Qual. Beats: 4
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Teradyne, Inc. is a U.S.-based provider of automated test systems and robotics products, operating across the Americas, Asia Pacific, and EMEA through three main segments: Semiconductor Test, Robotics, and Other. The Semiconductor Test segment supplies wafer-level, device package, and system-level testing solutions for a wide range of end markets including automotive, industrial, communications, consumer electronics, smartphones, cloud computing, and gaming, serving integrated device manufacturers, fabless firms, foundries, and outsourced assembly and test providers. Key product lines include the FLEX test platform, J750 test system, Magnum memory test platform, and ETS analog/mixed-signal platform.
The Robotics segment offers collaborative robotic arms and autonomous mobile robots aimed at manufacturing, logistics, and industrial customers, while the Other segment covers defense/aerospace test, circuit-board test, wireless test systems, and silicon photonics testing. Teradyne has a strategic collaboration with Tokyo Electron Limited to develop test cell solutions for AI and data center applications, reflecting the growing importance of semiconductor test equipment in high-performance computing. Founded in 1960 and headquartered in North Reading, Massachusetts, the company operates within the Semiconductor Materials & Equipment industry, where automated test equipment (ATE) is a critical link in the semiconductor supply chain, validating chip functionality before deployment.
- AI data center chip testing demand accelerates Semiconductor Test bookings
- Robotics segment weakness pressures margins as Universal Robots orders decline
- Automotive chip electrification drives long-term test demand
| Net Income: 1.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -4.83 > 1.0 |
| NWC/Revenue: 28.1k% < 20% (prev 32.12%; Δ 28.0k% < -1%) |
| CFO/TA 0.12 > 3% & CFO 598b > Net Income 1.15b |
| Current Ratio: 2.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.7m) vs 12m ago -2.11% < -2% |
| Gross Margin: 59.31% > 18% (prev 59.14%; Δ 0.18% > 0.5%) |
| Asset Turnover: 0.18% > 50% (prev 75.17%; Δ -74.99% > 0%) |
| Interest Coverage Ratio: 170.3 > 6 (EBIT TTM 1.37b / Interest Expense TTM 8.02m) |
| A: 0.25 (Total Current Assets 2366b - Total Current Liabilities 1114b) / Total Assets 4926b |
| B: 0.00 (Retained Earnings 744.4m / Total Assets 4926b) |
| C: 0.00 (EBIT TTM 1.37b / Avg Total Assets 2465b) |
| D: 2.37 (Book Value of Equity 3437b / Total Liabilities 1452b) |
| Altman-Z'' = 4.16 = AA |
| DSRI: 3.0 (Receivables 1110b/433.0m, Revenue 4.46b/2.83b) |
| GMI: 1.00 (GM 59.14% / 59.31%) |
| AQI: 0.90 (AQ_t 0.37 / AQ_t-1 0.41) |
| SGI: 1.58 (Revenue 4.46b / 2.83b) |
| TATA: -0.12 (NI 1.15b - CFO 598b) / TA 4926b) |
| Beneish M = -1.04 (Cap -4..+1) = D |
As of August 03, 2026, the stock is trading at USD 367.69 with a total of 3,765,268 shares traded. Over the past week, the price has changed by +5.08%, over one month by -0.38%, over three months by +9.01% and over the past year by +248.69%.
Current recommended Stop Loss: 324.50 (which is 11.7% or 1.3 ATR below the current price).
Teradyne has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TER.
- StrongBuy: 9
- Buy: 2
- Hold: 4
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 432.4 | 17.6% |
P/E Trailing = 59.2597
P/E Forward = 45.4545
P/S = 13.4319
P/B = 15.9663
P/EG = 1.2687
Revenue TTM = 4.46b USD
EBIT TTM = 1.37b USD
EBITDA TTM = 1.49b USD
Long Term Debt = 82.9b USD (estimated: total debt 100b - short term 17.3b)
Short Term Debt = 17.3b USD (from shortTermDebt, last quarter)
Debt = 100b USD (from shortLongTermDebtTotal, last quarter) + Leases 82.4m
Net Debt = -255b USD (calculated: Debt 100b - CCE 355b)
Enterprise Value = 50.0b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 170.3 (Ebit TTM 1.37b / Interest Expense TTM 8.02m)
EV/FCF = 0.10x (Enterprise Value 50.0b / FCF TTM 507b)
FCF Yield = 1.01k% (FCF TTM 507b / Enterprise Value 50.0b)
FCF Margin = 11.4k% (FCF TTM 507b / Revenue TTM 4.46b)
Net Margin = 25.77% (Net Income TTM 1.15b / Revenue TTM 4.46b)
Gross Margin = 59.31% ((Revenue TTM 4.46b - Cost of Revenue TTM 1.82b) / Revenue TTM)
Gross Margin QoQ = 59.79% (prev 60.89%)
Tobins Q-Ratio = 0.01 (Enterprise Value 50.0b / Total Assets 4926b)
Interest Expense / Debt = 0.01% (Interest Expense 8.02m / Debt 100b)
Taxrate = 13.55% (181.4m / 1.34b)
NOPAT = 1.18b (EBIT 1.37b * (1 - 13.55%))
Current Ratio = 2.12 (Total Current Assets 2366b / Total Current Liabilities 1114b)
Debt / Equity = 0.03 (Debt 100b / totalStockholderEquity, last quarter 3437b)
Debt / EBITDA = -170.5 (out of range, set to none) (Net Debt -255b / EBITDA 1.49b)
Debt / FCF = -0.50 (Net Debt -255b / FCF TTM 507b)
Total Stockholder Equity = 861b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.05% (Net Income 1.15b / Total Assets 4926b)
RoE = 0.13% (Net Income TTM 1.15b / Total Stockholder Equity 861b)
RoCE = 0.14% (EBIT 1.37b / Capital Employed (Equity 861b + L.T.Debt 82.9b))
RoIC = 0.03% (NOPAT 1.18b / Invested Capital 3829b)
WACC = 5.05% (E(50.0b)/V(150b) * Re(15.15%) + D(100b)/V(150b) * Rd(0.01%) * (1-Tc(0.14)))
Discount Rate = 15.15% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -90.85 | Cagr: -1.29%
[DCF] Terminal Value 77.97% ; FCFF base≈304b ; Y1≈349b ; Y5≈513b
[DCF] Fair Price = 51.0k (EV 7726b - Net Debt -255b = Equity 7981b / Shares 156.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 77.49 | EPS CAGR: 30.26% | SUE: 2.57 | # QB: 4
Revenue Correlation: 80.23 | Revenue CAGR: 15.31% | SUE: 2.90 | # QB: 4
EPS current Quarter (2026-09-30): EPS=1.44 | Chg30d=+0.56% | Revisions=+50% | Analysts=15
EPS current Year (2026-12-31): EPS=7.30 | Chg30d=+0.31% | Revisions=+57% | GrowthEPS=+84.4% | GrowthRev=+41.2%
EPS next Year (2027-12-31): EPS=10.33 | Chg30d=+8.21% | Revisions=+62% | GrowthEPS=+41.5% | GrowthRev=+24.7%
[Analyst] Revisions Ratio: +80% (up=12, down=0)