Teradyne, Inc.’s stock price dips to $127.98, marking a 2.48% decrease: A deep dive into TER’s performance

Teradyne, Inc. (TER)

127.98 USD -3.25 (-2.48%) Volume: 1.97M

Teradyne, Inc.’s stock price currently stands at 127.98 USD, experiencing a downturn of -2.48% in the latest trading session, with a trading volume of 1.97M. Despite the recent dip, TER’s stock performance remains robust with a year-to-date increase of +17.93%, demonstrating its resilience in the market.

Latest developments on Teradyne, Inc.

Teradyne Inc (TER) stock price experienced a 3.9% decline today following insider selling by President and CEO Gregory Smith. This comes after a series of events including a rating upgrade highlighting two AI growth drivers in robotics and test equipment. Despite this, Teradyne was among the worst performing AI stocks last week. The CEO’s sale of over $400k in company stock, along with reductions in stock holdings by DekaBank Deutsche Girozentrale and State of New Jersey Common Pension Fund D, may have contributed to the downward movement in the stock price today.

Teradyne, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish insights on Teradyne Inc, a leading provider of automated test equipment. In their report titled “Teradyne Inc.: Expansion into High-Payload Robotics and Channel Growth Is A Critical Growth Lever! – Major Drivers”, they highlighted the company’s mixed financial results in the second quarter of 2024. Teradyne experienced robust performance in its System on Chip (SOC) and Memory segments, driven by increased demand from cloud AI applications and dense network requirements of AI data centers.

In another report by Baptista Research on Smartkarma, titled “Teradyne Inc.: How Will The Memory Market Volatility Impact Its Business? – Major Drivers”, analysts discussed how Teradyne exceeded its revenue, gross margin, and earnings guidance ranges in the first quarter of 2024. The company’s strong performance in Memory and SOC segments, fueled by AI applications, helped offset weaker results in the mobile sector. Additionally, Teradyne’s Robotics business met its plan for a third consecutive quarter, showcasing resilience in the face of market volatility.

A look at Teradyne, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Teradyne Inc‘s long-term outlook, as indicated by the Smartkarma Smart Scores, shows a mixed picture. While the company scores moderately on factors such as value and dividend, it shows stronger potential in growth, resilience, and momentum. With a solid score in resilience, Teradyne Inc seems well-equipped to weather market fluctuations and challenges. Additionally, the company’s momentum score suggests positive trends in its performance that may lead to future growth opportunities.

Teradyne Inc, a global leader in semiconductor test products and services, has a promising outlook based on the Smartkarma Smart Scores. With a focus on innovation and technology, the company is positioned for growth and success in the long term. Its strong scores in growth and momentum indicate a potential for expansion and increased market presence. Overall, Teradyne Inc‘s resilience and forward-looking approach make it a company to watch in the semiconductor industry.

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