Teradyne, Inc.’s Stock Price Soars to $122.88, Marking a Stellar 7.55% Increase

Teradyne, Inc. (TER)

122.88 USD +8.63 (+7.55%) Volume: 2.26M

Teradyne, Inc.’s stock price is currently at a robust 122.88 USD, witnessing a significant trading session surge of +7.55%. With a substantial trading volume of 2.26M and a year-to-date percentage change of +13.23%, TER is demonstrating strong performance in the stock market.

Latest developments on Teradyne, Inc.

Today, Teradyne Inc. (NASDAQ:TER) stock price movements have been influenced by significant events. The Mather Group LLC purchased shares of Teradyne Inc., showing confidence in the company’s future prospects. However, a Teradyne Inc. director sold 625 shares of stock, which may have impacted investor sentiment. These contrasting actions by insiders have likely contributed to the fluctuations in Teradyne Inc.’s stock price today.

Teradyne, Inc. on Smartkarma

Analyst coverage on Teradyne Inc by Baptista Research on Smartkarma indicates a bullish sentiment. In their research report titled “Teradyne Inc.: How Will The Memory Market Volatility Impact Its Business? – Major Drivers,” they highlighted how Teradyne exceeded its first quarter 2024 financial guidance, driven by strong performance in Memory and System on a Chip (SOC) segments. The company’s focus on AI applications in networking and Edge AI, particularly in Advanced Driver Assistance Systems (ADAS), has been a key driver of success, with AI applications accounting for over 40% of memory shipments in Q1. Despite weakness in the mobile sector, Teradyne’s Robotics business has consistently met expectations for the third consecutive quarter.

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, a company that designs, manufactures, and sells semiconductor test products globally, has received mixed scores in various factors that determine its long-term outlook. While the company scored higher in resilience and momentum, indicating its ability to withstand challenges and its current positive trend, it scored lower in value and dividend. This suggests that investors may need to carefully consider these factors when evaluating the company’s potential for long-term growth and stability.

With a growth score of 3, Teradyne Inc shows potential for expansion in the future. The company’s focus on semiconductor test products and services, including test systems for various industries, positions it well for growth opportunities. Coupled with its strong resilience and momentum scores, Teradyne Inc may be poised for continued success in the long term. Investors should keep an eye on how these factors evolve to make informed decisions about the company’s prospects.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma