Teradyne
About: Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Employees: 6,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 12 (+9) [Q4]
35% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 89
2% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 257
0% less funds holding
Funds holding: 741 [Q3] → 738 (-3) [Q4]
3.27% less ownership
Funds ownership: 100.94% [Q3] → 97.67% (-3.27%) [Q4]
8% less capital invested
Capital invested by funds: $22B [Q3] → $20.3B (-$1.7B) [Q4]
63% less call options, than puts
Call options by funds: $188M | Put options by funds: $508M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
UBS Timothy Arcuri 58% 1-year accuracy 18 / 31 met price target | 34%upside $155 | Buy Maintained | 31 Jan 2025 |
JP Morgan Samik Chatterjee 62% 1-year accuracy 41 / 66 met price target | 25%upside $145 | Overweight Maintained | 31 Jan 2025 |
Keybanc Alex Markgraff 70% 1-year accuracy 19 / 27 met price target | 29%upside $150 | Overweight Maintained | 31 Jan 2025 |
Northland Capital Markets Gus Richard 49% 1-year accuracy 17 / 35 met price target | 21%upside $140 | Outperform Maintained | 31 Jan 2025 |
Cantor Fitzgerald Matthew Prisco 71% 1-year accuracy 12 / 17 met price target | 38%upside $160 | Overweight Reiterated | 30 Jan 2025 |
Financial journalist opinion
Based on 16 articles about TER published over the past 30 days
