Zacks Research Has Bearish Estimate for Teradyne Q3 Earnings

Teradyne, Inc. (NASDAQ:TER) – Research analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Teradyne in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.01 per share for the quarter, down from their prior estimate of $1.08. The consensus estimate for Teradyne’s current full-year earnings is $3.88 per share. Zacks Research also issued estimates for Teradyne’s Q1 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.12 EPS, Q4 2026 earnings at $1.44 EPS and FY2026 earnings at $4.43 EPS.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%.

A number of other equities research analysts have also recently issued reports on TER. Vertical Research assumed coverage on shares of Teradyne in a report on Friday, March 7th. They issued a “buy” rating and a $135.00 target price on the stock. Stifel Nicolaus decreased their price target on shares of Teradyne from $125.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday, March 12th. Susquehanna decreased their price target on shares of Teradyne from $165.00 to $155.00 and set a “positive” rating on the stock in a research note on Wednesday, March 12th. Bank of America decreased their price target on shares of Teradyne from $100.00 to $85.00 and set an “underperform” rating on the stock in a research note on Wednesday, March 12th. Finally, TD Cowen decreased their price target on shares of Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

Teradyne Stock Down 0.4 %

Shares of TER stock opened at $88.51 on Thursday. The firm has a fifty day moving average of $114.63 and a 200-day moving average of $119.33. Teradyne has a 12-month low of $82.98 and a 12-month high of $163.21. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46.

Hedge Funds Weigh In On Teradyne

Institutional investors and hedge funds have recently made changes to their positions in the stock. Compass Financial Services Inc bought a new position in Teradyne in the 4th quarter valued at about $33,000. Strategic Investment Solutions Inc. IL bought a new position in Teradyne in the 4th quarter valued at about $34,000. AllSquare Wealth Management LLC lifted its position in Teradyne by 200.0% in the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock valued at $38,000 after acquiring an additional 200 shares in the last quarter. Manchester Capital Management LLC lifted its position in Teradyne by 264.0% in the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock valued at $39,000 after acquiring an additional 227 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Teradyne during the 4th quarter worth approximately $45,000. Institutional investors own 99.77% of the company’s stock.

Insiders Place Their Bets

In other news, VP Ryan Driscoll sold 437 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total transaction of $44,574.00. Following the transaction, the vice president now owns 4,312 shares of the company’s stock, valued at $439,824. This represents a 9.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,479 shares of company stock worth $1,013,134. Company insiders own 0.36% of the company’s stock.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.54%. Teradyne’s payout ratio is currently 14.41%.

About Teradyne

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.