Northland Securities Forecasts Higher Earnings for Teradyne

Teradyne, Inc. (NASDAQ:TER) – Equities researchers at Northland Securities boosted their Q3 2026 earnings estimates for Teradyne in a research report issued to clients and investors on Thursday, April 30th. Northland Securities analyst G. Richard now forecasts that the company will post earnings of $1.40 per share for the quarter, up from their previous estimate of $1.29. Northland Securities has a “Market Perform” rating and a $270.00 price objective on the stock. The consensus estimate for Teradyne’s current full-year earnings is $6.33 per share. Northland Securities also issued estimates for Teradyne’s Q4 2026 earnings at $1.24 EPS, Q1 2027 earnings at $1.49 EPS, Q2 2027 earnings at $1.93 EPS, Q3 2027 earnings at $1.92 EPS, Q4 2027 earnings at $1.76 EPS and FY2027 earnings at $7.10 EPS.

A number of other equities analysts have also recently weighed in on TER. Morgan Stanley set a $387.00 price target on Teradyne in a research note on Thursday. Citigroup lifted their price target on Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday. Evercore set a $370.00 target price on Teradyne in a research note on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Teradyne in a research note on Thursday, January 22nd. Finally, Zacks Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $339.80.

Teradyne Trading Up 12.1%

Shares of TER opened at $343.47 on Friday. The business’s 50-day moving average price is $329.08 and its 200 day moving average price is $249.02. The stock has a market capitalization of $53.77 billion, a P/E ratio of 63.61, a P/E/G ratio of 1.77 and a beta of 1.79. Teradyne has a 1-year low of $73.11 and a 1-year high of $422.11.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.Teradyne’s revenue was up 87.0% on a year-over-year basis. During the same quarter last year, the business posted $0.75 EPS. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS.

Institutional Investors Weigh In On Teradyne

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Teradyne by 2.1% during the third quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock valued at $2,947,935,000 after purchasing an additional 444,940 shares during the last quarter. State Street Corp raised its position in shares of Teradyne by 0.9% in the fourth quarter. State Street Corp now owns 7,078,635 shares of the company’s stock valued at $1,370,141,000 after purchasing an additional 60,986 shares during the period. Ameriprise Financial Inc. raised its position in shares of Teradyne by 6.8% in the third quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock valued at $723,600,000 after purchasing an additional 336,757 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Teradyne by 18.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock valued at $813,640,000 after purchasing an additional 659,273 shares during the period. Finally, Invesco Ltd. raised its position in shares of Teradyne by 3.5% in the third quarter. Invesco Ltd. now owns 2,959,330 shares of the company’s stock valued at $407,322,000 after purchasing an additional 99,864 shares during the period. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: JPMorgan upgraded TER from Neutral to Overweight and set a $400 price target, calling the post-earnings pullback an attractive entry—this upgrade is a clear catalyst lifting the stock. JPMorgan upgrade article
• Positive Sentiment: Teradyne was added to Zacks’ Rank #1 (Strong Buy) momentum list, which can attract momentum and quant flows into the name. Zacks momentum article
• Positive Sentiment: Unusual options activity—6,641 calls traded (about +16% vs. average)—signals speculative/hedged bullish positioning by traders that can amplify upside on positive headlines. Options activity report
• Neutral Sentiment: A brokerage consensus piece cites a $324.53 target for TER—useful context for analyst expectations but mixed given targets vary widely post-earnings. Brokerage target article
• Negative Sentiment: Teradyne’s Q2 guidance ($1.15B–$1.25B revenue) and management’s model (longer-term $6B revenue / $9.50–$11 EPS framework) disappointed investors relative to lofty expectations, triggering the initial selloff after otherwise strong Q1 results. Q2 guidance article
• Negative Sentiment: Despite a blowout Q1 (record revenue, EPS beat), shares plunged as investors framed the move as an “expectations issue”—Morgan Stanley flagged a tempered AI networking outlook, reinforcing caution. Morgan Stanley note
• Negative Sentiment: Coverage and headlines emphasizing the post-earnings 15–20% pullback kept momentum weak until fresh analyst upgrades and option flows improved sentiment. Selloff coverage

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.