Teradyne jumps as investors refocus on blowout Q1 results and strong Q2 outlook

Teradyne, Inc. (TER) is up 6.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks tied to investors revisiting Teradyne’s record Q1 results and upbeat Q2 profit outlook after an initially choppy post-earnings reaction. The company’s commentary and numbers reinforced demand tied to advanced compute/AI-related semiconductor test, which can quickly shift sentiment when expectations are high.

Details:

Teradyne posted record first-quarter 2026 revenue of $1.282 billion, up 87% year over year, with earnings above the high end of its prior guidance.

For Q1 2026, Teradyne reported GAAP diluted EPS of $2.53 and non-GAAP diluted EPS of $2.56.

Management’s Q2 2026 outlook called for revenue of $1.15 billion to $1.25 billion and non-GAAP EPS of $1.86 to $2.15, ranges that were viewed as supportive despite normalizing sequentially from a very strong quarter.

This could also be a rebound driven by positioning after the recent earnings release, as traders rotate back into semiconductor-test names on renewed confidence in near-term demand.

Sources:

Teradyne Investor Relations, U.S. SEC, Associated Press

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 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 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 6 sales selling 3,750 shares for an estimated $917,050.
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.

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$TER Hedge Fund Activity

We have seen 601 institutional investors add shares of $TER stock to their portfolio, and 447 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
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
JPMORGAN CHASE & CO removed 1,150,643 shares (-24.7%) from their portfolio in Q4 2025, for an estimated $222,718,459

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.

$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.

$TER Analyst Ratings

Wall Street analysts have issued reports on $TER in the last several months. We have seen 4 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
Citigroup issued a "Buy" rating on 11/12/2025

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
James Schneider from Goldman Sachs set a target price of $350.0 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
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.