
Teradyne (TER) Stock Forecast & Price Target
Teradyne (TER) Analyst Ratings
Bulls say
Teradyne's stock outlook is bolstered by a fundamentally solid primary business that is expected to maintain an attractive margin profile, with the automated test equipment (ATE) market projected to grow at or above the pace of the semiconductor industry. Management's strategic focus on large hyperscale and diversified vertically-integrated producers is anticipated to enhance Teradyne's market share within the high-growth segments of AI compute and memory testing, with the test market valued at approximately $2.7 billion by 2028, reflecting mid-teen growth. Furthermore, Teradyne aims to double its earnings per share (EPS) from 2024 to 2028, driven by improving semiconductor test utilization and significant upside potential in emerging sectors such as robotics and wireless testing.
Bears say
Teradyne faces a negative outlook primarily due to demand uncertainty in its Semiconductor Test segment, exacerbated by tariffs and trade restrictions, leading the company to lower its earnings outlook for CY26 to the lower end of its prior target model. Additionally, management has reduced expectations for 2Q and 2025 revenues due to volatile market conditions, including customer order reschedules that reflect declining semiconductor demand. Key risks contributing to this outlook include potential supply chain constraints, decreased market share with major customers, and a slowdown in growth within the industrial automation segment, all of which could hamper the company's ability to meet performance forecasts.
This aggregate rating is based on analysts' research of Teradyne and is not a guaranteed prediction by Public.com or investment advice.
Teradyne (TER) Analyst Forecast & Price Prediction
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