Teradyne (TER)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$357.03+5.45%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · TER
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 27.0% |
| Our one-year growth estimate | diamond | 28.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 1.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 71 industry peers
TER — credit agreement
Dated 2026-08-10
Entry into a Material Definitive Agreement. On August 7, 2026, Teradyne, Inc. (“Teradyne” or “the Company”) entered into a Credit Agreement (the “Credit Agreement”) with PNC Bank, National Association, as administrative agent, issuing bank and swingline lender, and the several banks and other financial institutions and lenders from time to time party thereto. The Credit Agreement provides for a five-year, senior secured revolving credit facility of $1.0 billion (the “Credit Facility”). Capita…
Why it matters: Higher costs may mean ongoing problems with efficiency and growth in this area.
Worry ifRobotics costs were over $3 million in one quarter.
Less concerning ifRobotics costs are at or below $3 million.
Why it matters: A decline could indicate weakening demand in a key growth area for Teradyne.
Worry ifAI-related revenue is less than 70% of total revenue.
Less concerning ifAI-related revenue is more than 70% of total revenue.
Why it matters: Slower growth in operating income may show problems in how the company runs.
Worry ifOperating income growth is below 20% year over year.
Less concerning ifOperating income growth exceeds 30% year over year.
Why it matters: A margin drop may mean higher costs or pricing pressure. This can hurt profits.
Worry ifGross profit margin falls below 33.7%.
Less concerning ifGross profit margin remains at or above 33.7%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$357 on $10,000 · ±3.6% | How much price usually moves either way. |
| Bad day | $724 loss on $10,000 · 7.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,398 loss on $10,000 · 34.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: If revenue growth is below this level, it means less demand for Teradyne's products.
Worry ifQ2 revenue growth reported below 5% year over year.
Less concerning ifQ2 revenue growth stays above 5% year over year.
Why it matters: Meeting or beating guidance shows strong demand. This is true for AI-related sectors. It backs management's growth plan.
Supportive ifQ3 revenue reported at $1,200 million or higher.
Worry ifQ3 revenue reported below $1,200 million.
Why it matters: A high gross profit margin shows strong pricing power. It also shows good cost control.
Supportive ifGross profit margin reported above 33% in the next quarter.
Worry ifGross profit margin falls below 33% in the next quarter.
Why it matters: Weak demand could hurt Teradyne's revenue growth and overall results.
Worry ifManagement reports a big drop in AI revenue below 50%.
Less concerning ifManagement states AI revenue stays strong at about 70% or more.
Why it matters: Earnings below this level may show less profit. This is due to rising costs.
Worry ifQ2 GAAP EPS below $1.83.
Less concerning ifQ2 GAAP EPS above $2.12.
Why it matters: AI demand growth is important for Teradyne's revenue and profit.
Supportive ifSemiconductor Test revenue grows more than 25% each year.
Worry ifSemiconductor Test revenue falls each year or grows less than 10%.