Teradyne (TER) slides as hot CPI print pressures chip stocks and high-multiple names

Teradyne (TER) is down 6.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to a broad risk-off move in semiconductors after the latest inflation data pushed interest rates higher, which typically hits high-valuation growth stocks hardest. Teradyne’s recent run-up and its already-flagged near-term sequential slowdown in quarterly revenue guidance may have amplified the sell-off. If no company-specific news emerged intraday, this could be because investors used the macro-driven weakness to take profits in a stock that had been pricing in strong AI-driven test demand.

Details:

U.S. consumer price inflation for April ran hotter than investors had hoped, with CPI up 0.6% month over month and 3.8% year over year; core CPI rose 0.4% on the month.

The inflation backdrop coincided with higher Treasury yields and a slide in chip-related shares, creating a negative tape for semiconductor equipment and test suppliers.

In its most recent quarterly update, Teradyne guided second-quarter 2026 revenue to $1.15 billion to $1.25 billion versus $1.28 billion in Q1, implying a sequential decline even as AI-driven demand remains a key theme.

With the stock’s sensitivity to macro rates and expectations already elevated, a broad de-risking day can translate into an outsized one-day move.

Sources:

U.S. Bureau of Labor Statistics, Teradyne Investor Relations, SWI swissinfo.ch

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TER Insider Trading Activity

$TER insiders have traded $TER stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $TER stock by insiders over the last 6 months:

MERCEDES JOHNSON has made 0 purchases and 5 sales selling 3,125 shares for an estimated $806,393.
GREGORY STEPHEN SMITH (President and CEO) has made 0 purchases and 2 sales selling 2,216 shares for an estimated $422,713.
REGAN MILLS (President, Product Test) has made 0 purchases and 3 sales selling 1,056 shares for an estimated $341,078.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TER Hedge Fund Activity

We have seen 628 institutional investors add shares of $TER stock to their portfolio, and 459 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,142,744 shares (-72.5%) from their portfolio in Q4 2025, for an estimated $801,869,528
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 2,193,092 shares (-66.3%) from their portfolio in Q1 2026, for an estimated $650,164,054
WELLINGTON MANAGEMENT GROUP LLP removed 1,971,740 shares (-96.8%) from their portfolio in Q4 2025, for an estimated $381,649,994
PRIMECAP MANAGEMENT CO/CA/ removed 1,834,698 shares (-71.9%) from their portfolio in Q4 2025, for an estimated $355,124,144
VAN ECK ASSOCIATES CORP removed 1,715,143 shares (-42.9%) from their portfolio in Q4 2025, for an estimated $331,983,079
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,482,272 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $286,908,568
POINT72 ASSET MANAGEMENT, L.P. removed 1,269,062 shares (-31.1%) from their portfolio in Q4 2025, for an estimated $245,639,640

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TER Government Contracts

We have seen $34,457,953 of award payments to $TER over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THIS REQUIREMENT IS FOR THE PROCUREMENT OF KITS, REQUIRED TO ASSEMBLE VDATS, IN ACCORDANCE WITH THE ATTACHE...: $4,374,363
ENHANCED POWER CONTROL ASSEMBLY TESTER (EPCAT): $1,585,760
DELIVERY ORDER 22: $859,264

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$TER Analyst Ratings

Wall Street analysts have issued reports on $TER in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Evercore ISI Group issued a "Outperform" rating on 04/30/2026
Cantor Fitzgerald issued a "Overweight" rating on 02/02/2026
Stifel issued a "Buy" rating on 01/30/2026

To track analyst ratings and price targets for $TER, check out Quiver Quantitative's $TER forecast page.

$TER Price Targets

Multiple analysts have issued price targets for $TER recently. We have seen 10 analysts offer price targets for $TER in the last 6 months, with a median target of $395.0.

Here are some recent targets:

Mark Lipacis from Evercore ISI Group set a target price of $370.0 on 04/30/2026
Atif Malik from Citigroup set a target price of $400.0 on 04/30/2026
Samik Chatterjee from JP Morgan set a target price of $400.0 on 04/30/2026
James Schneider from Goldman Sachs set a target price of $350.0 on 04/30/2026
Brian Chin from Stifel set a target price of $390.0 on 04/28/2026
Timothy Arcuri from UBS set a target price of $440.0 on 04/21/2026
Mehdi Hosseini from Susquehanna set a target price of $415.0 on 04/09/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.