Teradyne (NASDAQ:TER) Hits New 52-Week High – Here’s What Happened
by Doug Wharley · The Cerbat GemTeradyne, Inc. (NASDAQ:TER – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $351.40 and last traded at $348.7890, with a volume of 988461 shares trading hands. The stock had previously closed at $320.48.
Key Headlines Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Intel’s reported involvement in Elon Musk’s Terafab project has sparked optimism that Teradyne could supply test/automation equipment to new advanced fabs and wafer-scale/3D packaging efforts, boosting long‑term demand expectations for its tester and automation businesses. Teradyne Stock Surges to All-Time High as Intel Joins Elon Musk’s Terafab Project
- Positive Sentiment: Two sell‑side upgrades and big price‑target raises (Cantor Fitzgerald to $400; Susquehanna to $415) underpin investor conviction and provide short‑term technical support and potential buying flows. Benzinga (price target coverage)
- Positive Sentiment: A broader semiconductor rally after easing geopolitical tensions lifted Teradyne alongside peers, amplifying momentum and helping push TER to fresh highs. This is a near‑term market driver rather than a company‑specific change. Teradyne, Applied Materials, Monolithic Power Systems, Western Digital, and Semtech Shares Skyrocket, What You Need To Know
- Positive Sentiment: Longer‑term bulls highlight Teradyne’s transition from cyclical tester to AI‑infrastructure play (rising role in testing 3D/advanced chips and potential secondary GPU test supplier), supporting expectations for structural revenue growth and multiple expansion. Teradyne: From Cyclical Tester To AI Infrastructure Powerhouse – Why Growth Investors Should Buy
- Neutral Sentiment: Comparisons to competitors (e.g., Vertiv) highlight that peers are also capturing AI infrastructure demand — Vertiv’s strong AI orders and NVIDIA partnership present competitive risk and an alternative investment case, which could cap TER’s multiple if peers outpace execution. Vertiv vs. Teradyne: Which AI Infrastructure Stock Is the Better Buy?
- Negative Sentiment: High‑profile selling by institutional/active managers (reported ARK selling some TER shares) and opinion pieces urging profit‑taking introduce short‑term selling pressure and headline risk despite the bullish backdrop. Monitor block trades and ownership changes for flow‑driven volatility. Cathie Wood’s ARK sells Teradyne stock, buys more Tesla
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. UBS Group raised their price objective on Teradyne from $200.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Susquehanna raised their price objective on Teradyne from $335.00 to $415.00 and gave the company a “positive” rating in a research report on Thursday. Robert W. Baird raised their price objective on Teradyne from $305.00 to $332.00 and gave the company an “outperform” rating in a research report on Monday, March 30th. Finally, Bank of America raised their price objective on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $289.53.
Teradyne Stock Performance
The firm has a market cap of $57.02 billion, a P/E ratio of 104.66, a price-to-earnings-growth ratio of 2.17 and a beta of 1.79. The stock has a fifty day simple moving average of $305.50 and a 200 day simple moving average of $224.56.
Teradyne (NASDAQ:TER – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The company’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 EPS. Research analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.
Teradyne Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is presently 14.94%.
Institutional Trading of Teradyne
A number of institutional investors and hedge funds have recently modified their holdings of TER. Caitong International Asset Management Co. Ltd bought a new stake in shares of Teradyne in the fourth quarter worth $28,000. Root Financial Partners LLC bought a new stake in shares of Teradyne in the third quarter worth $31,000. Davidson Capital Management Inc. bought a new stake in shares of Teradyne in the third quarter worth $31,000. CYBER HORNET ETFs LLC bought a new stake in shares of Teradyne in the second quarter worth $35,000. Finally, Hemington Wealth Management grew its holdings in shares of Teradyne by 43.2% in the third quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after acquiring an additional 79 shares during the period. Institutional investors own 99.77% of the company’s stock.
About Teradyne
Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.
The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.