Teradyne falls as investors appear to take profits amid broader chip-equipment volatility

Teradyne (TER) is down 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a mix of sector-wide weakness and profit-taking rather than a clearly negative company-specific announcement. This could be because investors are trimming exposure to semiconductor and AI-linked equipment names after a strong recent run, even as Teradyne’s latest business update still pointed to robust AI-related demand.

Details:

Teradyne’s investor materials show no new negative press release or major filing tied to today’s drop, making a market-driven move more likely.

The company’s most recent quarterly update guided for third-quarter 2026 revenue of $1.2 billion to $1.3 billion and highlighted strong near-term demand tied to AI applications.

Teradyne has recently rolled out new products aimed at AI data-center and memory test workloads, including launches in late September and early October, so the decline does not appear to stem from a deterioration in announced strategy.

Recent market coverage has shown renewed pressure across chip and AI-related stocks as investors debate valuation and the sustainability of spending, which can weigh on higher-multiple equipment names like Teradyne.

Sources:

Teradyne Investor Relations, SEC, Bloomberg

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 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 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 5 sales selling 24,597 shares for an estimated $9,082,891.
MARILYN MATZ has made 0 purchases and 7 sales selling 6,000 shares for an estimated $2,267,100.
SHANNON JOHN POULIN (President, Semiconductor Test) has made 0 purchases and 2 sales selling 1,664 shares for an estimated $581,012.
MERCEDES JOHNSON has made 0 purchases and 5 sales selling 834 shares for an estimated $322,300.

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 798 institutional investors add shares of $TER stock to their portfolio, and 573 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 5,570,053 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,695,014,443
INVESCO LTD. added 4,162,514 shares (+165.1%) to their portfolio in Q2 2026, for an estimated $2,013,990,773
BLACKROCK, INC. added 3,131,834 shares (+19.2%) to their portfolio in Q2 2026, for an estimated $1,515,306,562
POINT72 ASSET MANAGEMENT, L.P. removed 1,826,008 shares (-79.9%) from their portfolio in Q2 2026, for an estimated $883,495,710
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,774,075 shares (+16127954.5%) to their portfolio in Q2 2026, for an estimated $858,368,448
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 1,075,607 shares (-96.7%) from their portfolio in Q2 2026, for an estimated $520,421,690
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,014,857 shares (+inf%) to their portfolio in Q2 2026, for an estimated $491,028,410

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 $48,594,185 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:

DROP ORDER ON TERADYNE CONTRACT FA8579-26-D-0004 FOR VDATS PROGRAM.: $15,473,970

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 1 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

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.