Stocks · Technology · Semiconductors
Teradyne, Inc. TER
$449.04 +8.00% Close, Oct 2, 2026 · NASDAQ · Market cap $70.20B
Strong growthStrong trend
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $7.29, up 152.2% year over year.
- Operating margin widened to 30.6% from 18.3% a year earlier.
- Over the past year the stock returned +218.2%, ahead of the S&P 500 by 203.1 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth92Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 9%
- EPS growth (TTM, YoY)Top 13%
- FCF growth (TTM, YoY)Top 33%
- Revenue growth, 3-year CAGRBottom 31%
- Revenue growth accelerationTop 5%
Quality77Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 4%
- Gross marginTop 41%
- Operating marginTop 8%
- Cash conversion (OCF / net income)Bottom 17%
- Accruals (lower is better)Bottom 12%
- Net debt / EBITDA (lower is better)Top 41%
- Interest coverTop 6%
Value32Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 44%
- Free-cash-flow yieldBottom 35%
- EBITDA / enterprise valueBottom 43%
- Sales / enterprise valueBottom 16%
- P/E vs own 5-year history (lower is better)Bottom 22%
Momentum93Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 5%
- 6-month returnTop 33%
- 1-year return vs S&P 500Top 4%
- Distance from 52-week highTop 16%
- Trend checklist (0–4)Top 18%
Revisions65Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 29%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyBottom 45%
- Upside to consensus price targetBottom 20%
Stability47Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 30%
- Maximum drawdown, 3 yearsTop 42%
- Beta vs S&P 500 (lower is better)Bottom 44%
- Net debt / EBITDA (lower is better)Top 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 30.3% | 57.9% | ↑ |
| EPS growth (YoY) | 52.5% | 152.2% | ↑ |
| Gross margin | 59.1% | 59.3% | ↑ |
| Operating margin | 18.3% | 30.6% | ↑ |
| FCF margin | 20.1% | 17.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 57.9% | 30.3% | ↑ | Top 9% |
| EPS growth (TTM, YoY) | 152.2% | 52.5% | ↑ | Top 13% |
| Gross margin | 59.3% | 59.1% | ↑ | Top 41% |
| Operating margin | 30.6% | 18.3% | ↑ | Top 8% |
| Net margin | 25.8% | 16.6% | ↑ | — |
| Free-cash-flow margin | 17.9% | 20.1% | ↓ | — |
| Return on invested capital | 30.8% | — | Top 4% | |
| Revenue growth, 3-year CAGR | 0.4% | — | Bottom 31% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.93×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 1.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +98.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.17×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 106.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.11%
- Net buyback yield (TTM)
- 0.67%
- Shareholder yield
- 0.78%
- Share count change, 1 year
- -2.1%
- Share count change, 3-year CAGR
- -1.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +19.4%
- Average 2-day reaction, last 8
- -1.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $461.50
- Target vs current price
- +2.8%
- Analysts with a rating
- 31
- Share rating Buy or Strong Buy
- 61%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +18.2% | -4.2% | +9.3% | +9.0% | — |
| Apr 28, 2026 | +21.3% | -5.4% | -16.1% | -3.2% | -7.0% |
| Feb 2, 2026 | +30.4% | +3.5% | +24.5% | +35.2% | +57.7% |
| Oct 28, 2025 | +7.6% | -2.1% | +24.1% | +12.5% | +55.4% |
| Jul 29, 2025 | +5.2% | -0.6% | +16.0% | +28.5% | +57.3% |
| Apr 28, 2025 | +21.2% | -0.4% | -1.6% | -0.2% | +20.6% |
| Jan 29, 2025 | +4.4% | +0.1% | -8.4% | -5.9% | -36.6% |
| Oct 23, 2024 | +13.9% | -0.7% | -9.7% | -18.0% | +5.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $2.47 | $2.09 | +18.2% | $1.33B |
| Apr 28, 2026 | $2.56 | $2.11 | +21.3% | $1.28B |
| Feb 2, 2026 | $1.80 | $1.38 | +30.4% | $1.08B |
| Oct 28, 2025 | $0.85 | $0.79 | +7.6% | $769.2M |
| Jul 29, 2025 | $0.57 | $0.54 | +5.2% | $651.8M |
| Apr 28, 2025 | $0.75 | $0.62 | +21.2% | $685.7M |
| Jan 29, 2025 | $0.95 | $0.91 | +4.4% | $752.9M |
| Oct 23, 2024 | $0.90 | $0.79 | +13.9% | $737.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 61.6× | 31.9× | 86th | Top 44% |
| P/E (forward) | 48.8× | — | — | — |
| EV / EBITDA | 48.1× | — | — | Bottom 43% |
| EV / Sales | 15.67× | — | — | Bottom 16% |
| Free-cash-flow yield | 1.14% | — | — | Bottom 35% |
| Earnings yield | 1.62% | — | — | Top 44% |
P/E over the past five years
Range 18.9× – 90.8× since Jul 4, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +218.2%
- Earnings per share growth (TTM)
- +152.2%
- Change in P/E multiple
- +40.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 11
- Days above the 200-day average
- 297
- 50-day average slope (20 days)
- +0.2%
- 200-day average slope (20 days)
- +6.3%
- Distance from 50-day average
- +19.8%
- Distance from 200-day average
- +34.0%
- RSI (14)
- 69.6
- Relative volume
- 1.38×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 75.4%
- Volatility vs own 5-year history
- 92th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.50
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -7.2%
- Maximum drawdown, 3 years
- -58.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 27, 2021 | Apr 8, 2025 | -59.7% | 823 days | 141 days (Oct 29, 2025) |
| Jun 30, 2026 | Jul 29, 2026 | -34.0% | 20 days | Not yet recovered |
| Feb 16, 2021 | Mar 8, 2021 | -27.5% | 14 days | 169 days (Nov 4, 2021) |
| Apr 24, 2026 | Apr 29, 2026 | -26.7% | 3 days | 32 days (Jun 15, 2026) |
| Feb 25, 2026 | Mar 6, 2026 | -20.3% | 7 days | 22 days (Apr 8, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $70.20B
- P/E (TTM)
- 61.6
- EPS, diluted (TTM)
- $7.29
- Revenue (TTM)
- $4.46B
- Dividend yield
- 0.11%
- 52-week range
- $131.75 – $487.91
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.70B | $3.16B | $2.68B | $2.82B | $3.19B |
| Gross profit | $2.21B | $1.87B | $1.54B | $1.65B | $1.87B |
| Operating income | $1.20B | $831.9M | $501.1M | $593.8M | $693.4M |
| Net income | $1.01B | $715.5M | $448.8M | $542.4M | $554.0M |
| EPS (diluted) | $5.53 | $4.22 | $2.73 | $3.32 | $3.48 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $737.3M | $752.9M | $685.7M | $651.8M | $769.2M | $1.08B | $1.28B | $1.33B |
| Net income | $145.6M | $146.3M | $98.9M | $78.4M | $119.6M | $257.2M | $398.9M | $374.5M |
| EPS (diluted) | $0.89 | $0.90 | $0.61 | $0.49 | $0.75 | $1.63 | $2.53 | $2.38 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.10B | $577.9M | $585.2M | $672.2M | $674.4M |
| Capital expenditure | -$132.5M | -$163.2M | -$159.6M | -$198.1M | -$224.0M |
| Free cash flow | $965.9M | $414.7M | $425.6M | $474.1M | $450.4M |
| Dividends paid | -$66.0M | -$69.7M | -$67.9M | -$76.4M | -$76.3M |
| Net share buybacks | -$599.6M | -$756.5M | -$383.8M | -$175.3M | -$685.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $354.8M
- Total assets
- $4.93B
- Total liabilities
- $1.45B
- Total debt
- $100.1M
- Net debt
- -$249.4M
- Shareholders’ equity
- $3.44B
As of Jun 28, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $0.13 | Sep 25, 2026 |
| May 21, 2026 | $0.13 | Jun 12, 2026 |
| Feb 13, 2026 | $0.13 | Mar 13, 2026 |
| Nov 24, 2025 | $0.12 | Dec 17, 2025 |
| Sep 5, 2025 | $0.12 | Sep 29, 2025 |
| May 22, 2025 | $0.12 | Jun 13, 2025 |
| Feb 14, 2025 | $0.12 | Mar 14, 2025 |
| Nov 25, 2024 | $0.12 | Dec 18, 2024 |
Short interest
- Shares sold short
- 8,098,218
- Days to cover
- 3.20
- Change vs previous report
- +15.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 1, 1999
- 2-for-1
- Aug 30, 1995
- 2-for-1
- Aug 1, 1983
- 2-for-1
- Oct 25, 1982
- 2-for-1