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TER

S&P 500
Favorable · 70/100

Teradyne

Information Technology
Semiconductor Materials & Equipment

$457.00

4.4%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 407.7% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$68.55B

P/E

80.27x

Forward P/E (est.)

57.33x

ROE

29.7%

Revenue Growth

30.3%

EPS Growth

52.9%

Profit Margin

22.6%

FCF Yield

0.9%

Debt / Equity

0.07x

ROIC

16.0%

Interest Coverage

94.95x

Current Ratio

2.15x

Dividend Yield

0.1%

Implied Growth (rev. DCF)

8.3%

Rating Score

70/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what TER's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. TER trades near $457.00, above its 50-day average ($372.22) and 200-day average ($253.40). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 61 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. TER's is $31.71 (~6.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month TER found buyers near $340.34 (support) and sellers near $440.75 (resistance); its 52-week range is $84.24–$440.75. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 4.1× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Teradyne (TER) is a large-cap company in the Semiconductor Materials & Equipment industry, part of the Information Technology sector of the S&P 500, with a market value around $68.55B.

In its latest reported year it generated about $3.19B in revenue and $554.05M in net profit.

Our model rates TER Favorable (70/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

-3.7%

Revenue moved from $3.70B in 2021 to $3.19B in 2025, a -3.7% compound annual growth rate. The most recent year grew a strong 30.3% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

58.2%

Operating Margin

20.4%

Net Margin

17.4%

ROE

29.7%

Teradyne keeps about 22.6% of each sales dollar as net profit, with a 58.2% gross margin and 20.4% operating margin. Return on equity is 29.7% and return on invested capital about 16.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$0.00

Net Debt

-$241.94M

Net cash position

Net Debt / EBITDA

-0.37x

Debt / Equity

0.07x

Leverage: debt-to-equity is 0.1x, and operating profit covers interest about 95.0x, with a current ratio of 2.1x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $0.00 of total debt against $241.94M of cash.

Cash Flow Analysis
Research

Operating CF

$674.41M

Free Cash Flow

$450.41M

FCF Margin

14.1%

In the latest year Teradyne produced about $674.41M of operating cash flow and $450.41M of free cash flow after capital spending. That is a free-cash-flow yield of about 0.9% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research

P/E

80.27x

P/S

20.09x

P/B

11.6x

EV / EBITDA

82.05x

TER trades at 80.3x trailing earnings (about 57.3x on estimated forward earnings), 20.1x sales, and 11.6x book value. Reverse-engineering today's price implies the market expects roughly 8.3% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
80.3xExpensive
Forward P/E
57.3xExpensive
P/S ratio
20.1xExpensive
Revenue growth
30.3%Strong
EPS growth
52.9%Strong
Gross margin
58.2%Strong
Net margin
22.6%Strong
ROE
29.7%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How TER stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.

In the Information Technology sector (72 S&P 500 companies), TER ranks #18 of 72 by our overall rating. It trades at a premium versus the sector on earnings (80.3x P/E vs. 35.6x median) with a higher return on equity (29.7% vs. 25.6%) and faster revenue growth (30.3% vs. 17.4%).

P/E vs sector

80.3x

median 35.6x

ROE vs sector

29.7%

median 25.6%

Growth vs sector

30.3%

median 17.4%

Sector rank

#18

of 72 by rating

CompanyP/ERev Gr.Rating
TERThis stock80.3x30.3%Favorable· 70
Q81xWeak· 31
KLAC72.6x13.4%Favorable· 69
LRCX73.6x26.5%Strong· 81
AMAT58.5x3.3%Favorable· 64
LITE151x69.0%Neutral· 43
MSI31.2x8.3%Neutral· 48
INTU15.9x15.1%Strong· 77
Information Technology median35.6x17.4%61/100

Valuation vs. quality map

sector medianQKLACLRCXAMATLITEMSIINTUTERP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 72 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$617.40$1,029.01

vs. $457.00 today · expected CAGR 6%18%

Metric20262027202820292030
Revenue$4.15B$5.39B$7.01B$9.11B$11.84B
Net income$705.00M$916.49M$1.19B$1.55B$2.01B
EPS$4.50$5.85$7.61$9.89$12.86
Share price (low)$216.17$281.02$365.33$474.93$617.40
Share price (high)$360.28$468.37$608.88$791.54$1,029.01
CAGR (low–high)-53% / -21%-22% / 1%-7% / 10%1% / 15%6% / 18%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for TER:

  • Revenue is growing 30.3% a year, a sign of real demand.
  • High net margins (22.6%) point to pricing power or efficiency.
  • Strong return on equity (29.7%) shows capital is put to work well.
  • A conservative balance sheet (debt/equity 0.1x) lowers risk.
  • Our model's overall read is Favorable (70/100).
Bear Case

The case against TER:

  • A rich 80.3x earnings multiple prices in a lot of growth.
  • Limited free cash flow at today's price.
Key Risks
Research

Valuation risk — at 80.3x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Teradyne is a large-cap information technology business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 80.3x earnings, which our model scores Favorable (70/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.