Wall Street analyst estimates for Teradyne, Inc. (TER): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages.
Consensus price target
$471.71 (+72 % vs price $274.37)
between $397.00 and $550.00 · 4 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $5.1B | $4.6B – $5.3B | $9.17 | 11 |
| 2027E | $6.3B | $5.2B – $6.8B | $11.78 | 11 |
| 2028E | $7.8B | $6.1B – $9.5B | $15.56 | 7 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 19 |
| Hold | 12 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 31 |
| Avg rating (−2 sell to +2 buy) | 0.61 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-27 | $2.16 | ||
| 2026-10-27 | $2.29 | $2.09 | +9.6% |
| 2026-07-28 | $2.47 | $2.09 | +18.2% |
| 2026-04-28 | $2.56 | $2.11 | +21.3% |
| 2026-02-02 | $1.80 | $1.38 | +30.4% |
| 2025-10-28 | $0.85 | $0.79 | +7.6% |
| 2025-07-29 | $0.57 | $0.54 | +5.2% |
| 2025-04-28 | $0.75 | $0.62 | +21.2% |
Valuation Ratios
| P/E Ratio | 31.50 |
| Price / Book | 11.63 |
| EV / EBITDA | 23.76 |
| Dividend Yield | 0.19% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75B | $2.14B | $2.10B | $2.29B | $3.12B | $3.70B | $3.16B | $2.68B | $2.82B | $3.19B |
| Cost of Revenue | $794.6M | $915.2M | $880.4M | $955.1M | $1.34B | $1.50B | $1.29B | $1.14B | $1.17B | $1.33B |
| Gross Profit | $958.6M | $1.22B | $1.22B | $1.34B | $1.79B | $2.21B | $1.87B | $1.54B | $1.65B | $1.86B |
| Research & Development | $292.2M | $307.3M | $301.5M | $322.8M | $375.0M | $427.6M | $440.6M | $418.1M | $460.9M | $504.6M |
| Selling, General & Admin | $316.5M | $348.9M | $390.7M | $437.1M | $464.8M | $547.6M | $558.1M | $577.3M | $617.0M | $651.5M |
| Operating Expenses | $661.4M | $686.7M | $731.4M | $800.1M | $857.3M | $1.01B | $1.04B | $1.04B | $1.06B | $1.21B |
| Operating Income | -$63.0M | $525.3M | $473.8M | $553.7M | $928.4M | $1.20B | $831.9M | $501.1M | $593.8M | $650.1M |
| EBITDA | $68.6M | $654.1M | $602.8M | $668.7M | $1.05B | $1.30B | $954.8M | $640.3M | $732.4M | $812.0M |
| Interest Expense | $3.6M | $21.7M | $21.8M | $22.2M | $24.2M | $17.8M | $3.7M | $3.8M | $3.6M | $6.8M |
| Pre-tax Income | -$55.1M | $524.4M | $467.8M | $525.8M | $901.0M | $1.16B | $840.4M | $525.6M | $601.9M | $633.3M |
| Income Tax | -$11.6M | $266.7M | $16.0M | $58.3M | $116.9M | $146.4M | $124.9M | $76.8M | $59.5M | $79.3M |
| Net Income | -$43.4M | $257.7M | $451.8M | $467.5M | $784.1M | $1.01B | $715.5M | $448.8M | $542.4M | $554.0M |
| EPS | $-0.21 | $1.30 | $2.41 | $2.74 | $4.72 | $6.15 | $4.52 | $2.91 | $3.41 | $3.49 |
| EPS (Diluted) | $-0.21 | $1.28 | $2.35 | $2.60 | $4.28 | $5.53 | $4.22 | $2.73 | $3.32 | $3.48 |
| Shares Outstanding (Diluted) | 202.6 M | 201.6 M | 192.6 M | 179.5 M | 183.0 M | 183.6 M | 169.7 M | 164.3 M | 163.3 M | 157.7 M |
Price
| Price | $274.37 (closing price, October 30, 2026) |
| Market Cap | $42.9B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Semiconductors
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