
Teradyne (TER) Stock Forecast & Price Target
Teradyne (TER) Analyst Ratings
Bulls say
Teradyne's business fundamentals present a strong outlook, supported by expected growth in the semiconductor testing market, which is anticipated to grow at or above the rate of semiconductors, alongside projected mid-teen growth in broader test markets and over 20% growth in robotics through 2028. The company's strategic focus on high-growth areas such as AI compute and its collaboration with vertically-integrated producers positions Teradyne to gain market share successfully, with management projecting a doubling of earnings per share from 2024 to 2028. Additionally, the anticipated strengthening of the System on Chip (SoC) test demand driven by increased test times in AI applications further enhances Teradyne's potential for revenue and margin improvement in the coming years.
Bears say
Teradyne's stock outlook is negatively impacted by uncertainty in semiconductor demand driven by tariffs, trade restrictions, and customer capital plan reviews, leading management to lower its CY26 earnings forecast to the lower end of the prior target model. Additionally, the company faces multiple risks, including supply chain constraints, potential declines in market share, slower growth in its industrial automation segment, and challenges in executing its robotics growth strategy. The overall market volatility and lack of visibility into future demand significantly heighten concerns over Teradyne's ability to achieve its forecasts, raising the possibility of further downward adjustments.
This aggregate rating is based on analysts' research of Teradyne and is not a guaranteed prediction by Public.com or investment advice.
Teradyne (TER) Analyst Forecast & Price Prediction
Start investing in Teradyne (TER)
Order type
Buy in
Order amount
Est. shares
0 shares