Teradyne Slides as Chip-Sector Weakness and Pre-Earnings Caution Pressure Shares

Teradyne (TER) is down 6.4% today. Here is some analysis on what might have caused this price movement. ([investors.teradyne.com](https://investors.teradyne.com/?utm_source=openai))

Analysis: The most likely driver appears to be a mix of broad semiconductor-equipment weakness and investor caution ahead of Teradyne’s second-quarter results, which are scheduled for July 28, 2026, after the close. This could also reflect profit-taking after a sharp run earlier in 2026, especially as chip stocks have been under pressure from renewed worries about AI-related valuations and shifting China-related competitive risks. ([investors.teradyne.com](https://investors.teradyne.com/news-events/press-releases/detail/444/teradyne-to-announce-second-quarter-2026-results?utm_source=openai))

Details:

Teradyne is set to release second-quarter 2026 financial results on July 28, with its conference call scheduled for July 29, leaving the stock vulnerable to pre-earnings repositioning. ([investors.teradyne.com](https://investors.teradyne.com/news-events/press-releases/detail/444/teradyne-to-announce-second-quarter-2026-results?utm_source=openai))

In its last quarterly release, the company said first-quarter revenue rose to $1.282 billion and noted that about 70% of revenue was tied to AI-related demand, which makes the stock sensitive to any cooling in AI enthusiasm. ([investors.teradyne.com](https://investors.teradyne.com/news-events/press-releases/detail/440/teradyne-reports-first-quarter-2026-results?utm_source=openai))

The company’s prior guidance for the current quarter called for revenue of $1.15 billion to $1.25 billion, so traders may be reassessing whether expectations had become too high going into the report. ([investors.teradyne.com](https://investors.teradyne.com/news-events/press-releases/detail/440/teradyne-reports-first-quarter-2026-results?utm_source=openai))

Chip-equipment names were also hit Monday after a report that China has begun making homegrown immersion DUV chipmaking tools, a development that added to broader sector selling pressure. ([live.euronext.com](https://live.euronext.com/en/financial-news/china-begins-making-homegrown-duv-chipmaking-tools-information-reports?utm_source=openai))

Sources:

Teradyne Investor Relations, SEC, Reuters, MarketBeat ([investors.teradyne.com](https://investors.teradyne.com/news-events/press-releases/detail/444/teradyne-to-announce-second-quarter-2026-results?utm_source=openai))

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 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.

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

GREGORY STEPHEN SMITH (President and CEO) has made 0 purchases and 3 sales selling 16,597 shares for an estimated $6,031,571.
MARILYN MATZ has made 0 purchases and 4 sales selling 3,600 shares for an estimated $1,346,392.
MERCEDES JOHNSON has made 0 purchases and 5 sales selling 2,209 shares for an estimated $687,554.
SHANNON JOHN POULIN (President, Semiconductor Test) has made 0 purchases and 2 sales selling 1,664 shares for an estimated $581,012.
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 660 institutional investors add shares of $TER stock to their portfolio, and 476 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 2,193,092 shares (-66.3%) from their portfolio in Q1 2026, for an estimated $650,164,054
PRICE T ROWE ASSOCIATES INC /MD/ removed 2,084,738 shares (-49.6%) from their portfolio in Q1 2026, for an estimated $618,041,427
LONE PINE CAPITAL LLC added 1,872,876 shares (+inf%) to their portfolio in Q1 2026, for an estimated $555,232,818
CITADEL ADVISORS LLC removed 1,424,440 shares (-80.2%) from their portfolio in Q1 2026, for an estimated $422,289,482
ASSENAGON ASSET MANAGEMENT S.A. removed 1,407,830 shares (-96.7%) from their portfolio in Q2 2026, for an estimated $681,164,467
FMR LLC added 1,163,588 shares (+47.6%) to their portfolio in Q1 2026, for an estimated $344,957,298
CURATED WEALTH PARTNERS LLC added 1,009,960 shares (+134841.1%) to their portfolio in Q2 2026, for an estimated $488,659,046

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 $34,402,686 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
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 Congressional Stock Trading

Members of Congress have traded $TER stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

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

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades 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 $443.0.

Here are some recent targets:

James Schneider from Goldman Sachs set a target price of $465.0 on 07/06/2026
Mehdi Hosseini from Susquehanna set a target price of $550.0 on 06/30/2026
C.J. Muse from Cantor Fitzgerald set a target price of $550.0 on 06/29/2026
Richard Eastman from Baird set a target price of $446.0 on 06/23/2026
Vivek Arya from B of A Securities set a target price of $525.0 on 06/23/2026
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

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.