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TER

Teradyne

NASDAQInformation TechnologySemiconductor Equipment & MaterialsSnapshot 2026-05-08

$359.77+1.60%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, TER has a composite score of 19.7 and a signal label of "mild favorable." This score is driven by high confidence in guidance credibility at 100.0 and macro factors scoring 32.3. However, there are unfavorable scenarios, such as a potential guidance cut and sector trend weakening, which could negatively impact the overall outlook.

Composite +20as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 10% of information technology cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.52
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
91145293473
F2 · Value
expensive
Most expensive 30% of information technology cohort
Why this rank
Price
$359.77
TTM EPS
$4.38
Earnings yield
1.2%
P/E (TTM)
82.1

Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1

F3 · Earnings quality
fragile
Bottom 10% cash conversion in information technology cohort
Why this rank
TTM NI ($M)
854
TTM CFO ($M)
778
CFO/NI
0.91
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish strongEPS revised +6.7% / 30d, n=16for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.91 → $2.04 (+6.7% / 30d). 10 raised, 3 cut, 16 covering analysts.

Rating actions

1 upgrade, 0 downgrades / 30d, 9 maintained. 63% of analysts rate Buy.

Price target activity

9 PT revisions / 30d. Avg target 8.6% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

Market and fundamentals agree — analysts are positioned bullishly on a fundamentally strong name.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase revenuegrowthbehind30% progress
    4/29: Guidance for the second quarter of 2026 is revenue of $1,150 million to $1,250 million.
    Why this status

    Stated in 4 of last 4 quarters. Revenue grew from $651.8M in 2025-Q2 to $1,282.5M in 2026-Q1, showing a strong upward trajectory. Management's guidance for 2026-Q2 continues to project growth, indicating delivery on this priority.

  2. 2.Improve gross profitcoston track100% progress
    5/1: Gross profit for 2026-Q1 was $780.9 million, up from $619.7 million in 2025-Q4.
    Why this status

    Stated in 3 of last 3 quarters. Gross profit increased from $449.3M in 2025-Q3 to $780.9M in 2026-Q1, reflecting effective cost management and operational efficiencies. The trajectory indicates strong delivery on this priority.

  3. 3.Enhance operating incomecoston track100% progress
    5/1: Operating income for 2026-Q1 was $473.0 million, up from $293.2 million in 2025-Q4.
    Why this status

    Stated in 3 of last 3 quarters. Operating income rose from $145.3M in 2025-Q3 to $473.0M in 2026-Q1, demonstrating effective cost control and revenue growth. The trajectory is delivering on management's stated priority.

3

Guidance track record

Last 8 quarters of EPS guidance with actuals.

5 beat, 3 inside
Per-quarter detail
PeriodGuidanceActualResult
2024-06-30$0.64 – $0.84$0.86beat
2024-09-30$0.66 – $0.86$0.90beat
2024-12-31$0.80 – $0.97$0.95inside
2025-03-31$0.58 – $0.68$0.75beat
2025-06-30$0.41 – $0.64$0.49inside
2025-09-30$0.69 – $0.87$0.85inside
2025-12-31$1.20 – $1.46$1.80beat
2026-03-31$1.89 – $2.25$2.56beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −27%, typical day ±2.8%
Why this risk level

Recent vol — 30d annualized 99%; 252d 63%.

Drawdown — Max 1y −27%. Bad day move −5%.

Beta to sector ETF (XLK) 0.13 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 0/100, drawdown 47/100, beta 13/100, earnings vol .

Sector regime
tailwind+15.9%sector vs S&P 500, 60d

via XLK

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite71.3 / 100
Capital allocation60
Earnings discipline73
Margin discipline29
Balance sheet56
Guidance credibility100
Post-call reaction41

Met or beat guidance 100% of the last 8 guided quarters · 17.3% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase revenue

    Growth

    Focus on increasing revenue through strategic initiatives and market expansion.

    Behind

    Stated in 4 of last 4 quarters. Revenue grew from $651.8M in 2025-Q2 to $1,282.5M in 2026-Q1, showing a strong upward trajectory. Management's guidance for 2026-Q2 continues to project growth, indicating delivery on this priority.

    Revenue grew from $651.8M in 2025-Q2 to $1,282.5M in 2026-Q1
    30%
    CEO/CFO:Guidance for the second quarter of 2026 is revenue of $1,150 million to $1,250 million.
    Multiple sourcesSource dated 2026-04-29Stated 4 of last 8 quartersFirst seen 2026-04-29
    Show history (4)
    • 2026-Q1Multiple sources

      Guidance for the first quarter of 2026 is revenue of $1,150 million to $1,250 million.

    • 2025-Q4Multiple sources

      Guidance for the fourth quarter of 2025 is revenue of $920 million to $1,000 million.

    • 2025-Q3Multiple sources

      Guidance for the third quarter of 2025 is revenue of $710 million to $770 million.

    • 2025-Q2Multiple sources

      Guidance for the second quarter of 2025 is revenue of $610 million to $680 million.

  • #2

    Improve gross profit

    Cost

    Enhance gross profit through operational efficiencies and cost management.

    On track

    Stated in 3 of last 3 quarters. Gross profit increased from $449.3M in 2025-Q3 to $780.9M in 2026-Q1, reflecting effective cost management and operational efficiencies. The trajectory indicates strong delivery on this priority.

    Gross profit increased from $449.3M in 2025-Q3 to $780.9M in 2026-Q1
    100%
    CEO/CFO:Gross profit for 2026-Q1 was $780.9 million, up from $619.7 million in 2025-Q4.
    Multiple sourcesSource dated 2026-05-01Stated 3 of last 8 quartersFirst seen 2026-05-01
    Show history (3)
    • 2026-Q1Multiple sources

      Gross profit for 2026-Q1 was $780.9 million.

    • 2025-Q4Multiple sources

      Gross profit for 2025-Q4 was $619.7 million.

    • 2025-Q3Multiple sources

      Gross profit for 2025-Q3 was $449.3 million.

  • #3

    Enhance operating income

    Cost

    Focus on improving operating income through strategic cost control and revenue growth.

    On track

    Stated in 3 of last 3 quarters. Operating income rose from $145.3M in 2025-Q3 to $473.0M in 2026-Q1, demonstrating effective cost control and revenue growth. The trajectory is delivering on management's stated priority.

    Operating income rose from $145.3M in 2025-Q3 to $473.0M in 2026-Q1
    100%
    CEO/CFO:Operating income for 2026-Q1 was $473.0 million, up from $293.2 million in 2025-Q4.
    Multiple sourcesSource dated 2026-05-01Stated 3 of last 8 quartersFirst seen 2026-05-01
    Show history (3)
    • 2026-Q1Multiple sources

      Operating income for 2026-Q1 was $473.0 million.

    • 2025-Q4Multiple sources

      Operating income for 2025-Q4 was $293.2 million.

    • 2025-Q3Multiple sources

      Operating income for 2025-Q3 was $145.3 million.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
16higher = cheaper

Looks more expensive than peers.

Compared to its own history
25higher = cheaper

Richer than its own typical valuation.

P/E
62.1x
EV/EBITDA
58.2x
FCF yield
1.0%

P/E over the last 5 years

71 monthly points
expensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
TER
Teradyne
+20expensiveelevated
NVDA
NVIDIA Corporation
+20fullmoderate
AAPL
Apple Inc
+19fullmoderate
MSFT
Microsoft
+27fairelevated
AVGO
Broadcom
+11expensiveelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
2.8%
A bad day (95th %ile)
A rough but not unusual down day.
-5.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-26.7%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-29)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-29)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-299d agoItem 2.02

    Results of Operations and Financial Condition. On April 28, 2026, Teradyne, Inc. (“Teradyne”) issued a press release regarding its financial results for the first quarter ended March 29, 2026. Teradyne’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

    earnings preannouncementpositivescore 58
  2. 2026-02-033mo agoItem 2.02

    Results of Operations and Financial Condition. On February 2, 2026, Teradyne, Inc. (“Teradyne”) issued a press release regarding its financial results for the fourth quarter ended December 31, 2025. Teradyne’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

    earnings preannouncementpositivescore 8
  3. 2025-09-028mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 29, 2025, Ujjwal Kumar’s tenure as Teradyne, Inc.’s (the “Company”) President of Teradyne Robotics ended. Mr. Kumar will remain employed with the Company through September 30, 2025 to transition his responsibilities. In order to obtain a release of claims from Mr. Kumar and to receive the benefit of certain restrictive covenants, the Comp…

    executive changeneutralscore 0
  4. 2025-05-120y agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 9, 2025, Teradyne, Inc. (the “Company”) held its 2025 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved the Company’s Equity and Cash Compensation Incentive Plan (the “Amended Plan”), which is an amendment and restatement of the Company’s 2006 Equity and Cash Compensation Incent…

    executive changeneutralscore 0
  5. 2025-05-120y agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 9, 2025, Teradyne, Inc. (the “Company”) held its 2025 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved the Company’s Equity and Cash Compensation Incentive Plan (the “Amended Plan”), which is an amendment and restatement of the Company’s 2006 Equity and Cash Compensation Incent…

    executive changeneutralscore 0
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-05-01 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.