Teradyne (TER) Stock

TER is facing weak demand and broader economic issues, but its increasing emphasis on robotics and AI is expected to lead to a significant recovery.

Teradyne (TER) closed at $130.84 on the most recent trading day, showing an increase of 0.68% from its previous closing price.

In the most recent trading session, Teradyne (TER) finished at $125.19, which is an increase of 1.15% compared to the previous day.

Teradyne Inc's shares increased during early trading on Monday.

In the latest trading session, Teradyne (TER) finished at $120.95, showing an increase of 0.62% compared to the day before.

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.