Teradyne, Inc.’s Stock Price Soars to $118.51, Registering a Robust 4.21% Increase

Teradyne, Inc. (TER)

118.51 USD +4.79 (+4.21%) Volume: 3.45M

Teradyne, Inc.’s stock price soars to 118.51 USD, marking a robust trading session surge of +4.21%. With a trading volume of 3.45M and an impressive YTD gain of +9.75%, TER’s stock performance continues to attract investor interest.

Latest developments on Teradyne, Inc.

Recent movements in Teradyne Inc (NASDAQ:TER) stock have been influenced by various investor activities. Sora Investors LLC recently bought a new position in the company, while Chevy Chase Trust Holdings LLC purchased over 20,000 shares. Additionally, Cerity Partners LLC increased their stock position, and Cinctive Capital Management LP acquired 5,000 shares. On the other hand, insider Mercedes Johnson sold 625 shares. Despite the insider sell-off, one investor highlighted the opportunity to buy Teradyne shares while the stock price is down, suggesting a potential rebound in the near future.

Teradyne, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have published research reports on Teradyne Inc, a company experiencing growth in key cyclical segments like Cloud AI applications. The company’s third-quarter earnings were strong, with significant contributions from its Semi Test business due to increased demand for High Bandwidth Memory and network device testing for AI applications in data centers. Baptista Research aims to evaluate various factors influencing the company’s price and conduct an independent valuation using a Discounted Cash Flow methodology.

In another report by Baptista Research on Smartkarma, analysts discuss Teradyne Inc‘s expansion into High-Payload Robotics and channel growth as critical growth drivers. Despite facing mixed financial results in the second quarter of 2024, the company saw strong performance in its System on Chip and Memory segments driven by demand from cloud AI applications. Teradyne also reported solid deliveries in the Compute sector, attributed to the network requirements of AI data centers. The research provides insights into the company’s growth prospects and potential valuation in the market.

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 Smartkarma Smart Scores, shows a mixed bag of results. While the company scores well in terms of resilience, with a score of 4, indicating its ability to withstand market fluctuations, its scores for value and growth are moderate, with scores of 3 each. This suggests that the company may offer some value to investors but may not be a high-growth opportunity. Additionally, the company’s scores for dividend and momentum are on the lower side, with scores of 2 each, indicating that it may not be a top choice for investors seeking dividends or quick gains.

Teradyne Inc, a company that designs, manufactures, and sells semiconductor test products and services worldwide, faces a somewhat uncertain future based on its Smartkarma Smart Scores. While the company’s resilience score is strong, suggesting stability in the face of challenges, its scores for value, growth, dividend, and momentum are more moderate. This indicates that while the company may have some strengths, such as its ability to weather market downturns, it may not be a top performer in terms of growth potential or dividend payouts.

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.
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