Teradyne (TER) Stock

Teradyne, a leader in the semiconductor testing market alongside Advantest, has a solid competitive advantage and is set for growth, particularly in Cloud AI Compute and other cyclical areas. The company aims for revenue growth of 13-20% from 2023 to 2026, with Test Revenue expected to grow at 12-18% and Robotics Revenue at 20-30%, although long-term projections are lower. A discounted cash flow model suggests a fair value of $130.9, indicating a potential 21% increase from the current price of $108.

ODENSE, Denmark--(BUSINESS WIRE)-- #AMR--Mobile Industrial Robots (MiR) has introduced the MC600 mobile collaborative robot (cobot), which is the newest product in its MiR Go Approved range. This robot can manage loads of up to 600 kg (1322 lbs) and integrates the MiR600 mobile base with UR20/UR30 collaborative robot arms from Universal Robots (UR) to streamline complex tasks in industrial settings. Following the success of the smaller MC250, the MC600 provides enhanced capabilities.

NORTH READING, Mass.--(BUSINESS WIRE)--Teradyne, Inc. (NASDAQ:TER) has declared a quarterly cash dividend of $0.12 per share, which will be paid on December 18, 2024, to shareholders who are on record as of the end of business on November 25, 2024. Additionally, the company intends to buy back up to $100 million of its common stock for the rest of 2024, as part of its ongoing $2 billion share repurchase program. This marks an increase from their earlier plans for stock repurchases.

Teradyne Inc is a strong tech stock known for its good profitability and competitive edge in the semiconductor materials and equipment sector. Although its valuation is high compared to previous years, the expected growth in earnings and a recent significant price drop suggest it is a good time to buy. In its Q3 results, Teradyne performed well, exceeding expectations in both revenue and profits, thanks to demand from Cloud AI and record sales in memory.

Look into how Teradyne's (TER) international revenue has changed over time and how this impacts Wall Street's predictions and the future of the stock.

The results for TER in the third quarter of 2024 show positive growth due to a strong demand in the memory testing market and a rise in computing needs for AI applications.

Teradyne, Inc. (NASDAQ:TER) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:30 AM ET. The call will feature company representatives including Traci Tsuchiguchi, Greg Smith, and Sanjay Mehta, along with participants from various financial institutions. Welcome to everyone joining us for this earnings call.

Teradyne (TER) reported quarterly earnings of $0.90 per share, which is higher than the Zacks Consensus Estimate of $0.78 per share. This is an increase compared to earnings of $0.80 per share from the same period last year.

On Wednesday, Teradyne predicted that its profit and revenue for the fourth quarter would exceed Wall Street expectations, thanks to increased demand for its semiconductor-testing equipment. This news caused its shares to rise by 2.5% in after-hours trading.