Teradyne upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Samik Chatterjee upgraded Teradyne to Overweight from Neutral with a price target of $158, up from $145. The firm says improvements in the VIP application-specific integrated circuit total addressable market, memory market, as well as mobility will in aggregate put Teradyne in a much better position to achieve its 2026 targets and potentially hit the higher end of them. The shares have "ample room for upside" if the targets are achievable, the analyst tells investors in a research note.
Why the Market Dipped But Teradyne (TER) Gained Today
In the most recent trading session, Teradyne (TER) closed at $120.95, indicating a +0.62% shift from the previous trading day.
Teradyne: How To Get Better Protection With Still Some Unlimited Upside
Teradyne, dominating the semiconductor testing market with Advantest, has a strong economic moat and is poised for growth driven by Cloud AI Compute and more cyclical segments. Revenue growth targets 13-20% from 2023-2026, with Test Revenue CAGR of 12-18% and Robotics Revenue CAGR of 20-30%, though longer-term estimates are lower. A DCF model with 10% WACC and 3.6% growth in perpetuity gives a Fair Value of $130.9, presenting a 21% upside from the current price of $108.
Teradyne: Attractive After Earnings
Teradyne Inc is a high-quality tech stock with strong profitability metrics and competitive advantages in the semiconductor materials and equipment industry. Despite a high valuation compared to past multiples, TER's expected earnings growth and recent sharp price drop make it a buy at current levels. TER's Q3 results showed strong performance, with a double beat on top and bottom lines, driven by Cloud AI demand and record memory revenue.
Unlocking Teradyne (TER) International Revenues: Trends, Surprises, and Prospects
Examine the evolution of Teradyne's (TER) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Teradyne (TER) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Teradyne (TER) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Teradyne Beats Q3 Earnings Estimates: Will Raised View Aid Shares?
TER third-quarter 2024 results benefit from strong momentum in the memory test end-market and increased compute demand for AI applications.
Teradyne, Inc. (TER) Q3 2024 Earnings Call Transcript
Teradyne, Inc. (NASDAQ:TER ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Traci Tsuchiguchi - VP, IR Greg Smith - President and CEO Sanjay Mehta - VP and CFO Conference Call Participants Mehdi Hosseini - Susquehanna Financial Group Vivek Arya - Bank of America Timothy Arcuri - UBS Investment Bank Samik Chatterjee - J.P. Morgan Chase Brian Chin - Stifel, Nicolaus & Company Christopher Muse - Cantor Fitzgerald Toshiya Hari - Goldman Sachs Krish Sankar - TD Cowen Gus Richard - Northland Capital Operator Good day ladies and gentlemen and welcome to the Q3 2024 Teradyne Incorporated Earnings Conference Call.
Teradyne (TER) Tops Q3 Earnings and Revenue Estimates
Teradyne (TER) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.80 per share a year ago.
Teradyne forecasts strong Q4 results on steady chip-testing demand
Teradyne forecast fourth-quarter profit and revenue above Wall Street estimates on Wednesday, owing to accelerated demand for its semiconductor-testing equipment, sending its shares up 2.5% in extended trading.
TER to Post Q3 Earnings: Should You Buy the Shares or Steer Clear?
TER's third-quarter 2024 performance is likely to reflect the benefit of strong demand for AI applications in semiconductor testing and the anticipated growth in the robotics segment.
Teradyne (TER) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Get a deeper insight into the potential performance of Teradyne (TER) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
