Teradyne falls 6% as AI/semiconductor risk appetite cools and rate fears resurface

Teradyne (TER) is down 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop looks more tied to a broader pullback in high-multiple AI/semiconductor-linked names than to a fresh company-specific disclosure. A rise in interest-rate sensitivity after a stronger macro backdrop, combined with “AI momentum” jitters in mega-cap tech, likely pushed investors to take profits in TER after a strong run.

Details:

Teradyne’s most recent quarterly update highlighted record Q1 2026 revenue and emphasized that roughly 70% of revenue is tied to AI-related demand, which can make the stock trade as a high-beta AI proxy.

In that same update, Teradyne guided Q2 2026 revenue to $1.15B–$1.25B, so the market may have focused on expectations being elevated rather than on new incremental upside.

Management participated in a major technology conference on June 2, 2026, which can concentrate investor attention on near-term demand tone (even when formal guidance is unchanged).

Markets saw choppy trading with tech pressure tied to a perceived snag in AI momentum, a backdrop that often spills into semiconductor equipment and test names.

Sources:

SEC EDGAR, Seeking Alpha, GMA News Online

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 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 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 2 sales selling 9,705 shares for an estimated $3,137,262.
MERCEDES JOHNSON has made 0 purchases and 6 sales selling 3,292 shares for an estimated $868,140.
SHANNON JOHN POULIN (President, Semiconductor Test) has made 0 purchases and 2 sales selling 1,664 shares for an estimated $581,012.
MARILYN MATZ has made 0 purchases and 2 sales selling 1,200 shares for an estimated $411,184.
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 669 institutional investors add shares of $TER stock to their portfolio, and 538 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
AMERIPRISE FINANCIAL INC removed 1,646,380 shares (-36.7%) from their portfolio in Q1 2026, for an estimated $488,085,814
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
CITADEL ADVISORS LLC removed 1,424,440 shares (-80.2%) from their portfolio in Q1 2026, for an estimated $422,289,482
FMR LLC added 1,163,588 shares (+47.6%) to their portfolio in Q1 2026, for an estimated $344,957,298

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 $34,114,574 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.