Feed / TER

Teradyne, Inc.

TER

Technology · 415.54 +3.7% today

Participation confirmed · construction unavailableMarket checked 1 Oct, 15:55 GMT-4

Market read

Teradyne, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 17 of 24 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company+3.7% todayVolume comparison unavailable
Market group17 of 24 activeSemiconductor Manufacturing · active
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 16 of 24 members remain active in the next snapshot.
  • MPWR remains aligned with the group in the next market snapshot.
  • Product Test revenues increased $22.1 million, or 26.0% year-over-year, driven by increased AI-related demand plus growth in Defense and Aerospace.

Invalidation: The live read weakens if participation falls to 8 of 24 members or fewer.

Watch this read

Research brief

The story so far

Technology · Semiconductor Equipment & Materials

No new filing conclusion is available. 17 of 24 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 16 of 24 members remain active in the next snapshot.
  • MPWR remains aligned with the group in the next market snapshot.
  • Product Test revenues increased $22.1 million, or 26.0% year-over-year, driven by increased AI-related demand plus growth in Defense and Aerospace.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations616
Usable filing statements95
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +13.1% year over year.
Evidence challenging the case
  • Net margin changed -1.9 percentage points in the latest annual period.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Oct 1, 2026

415.54
6m+33.1%12m+201.9%24m+202.1%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.7B+18.6%$5.53+0.3%
2022-12-31$3.2B-14.8%$4.22-7.6%
2023-12-31$2.7B-15.2%$2.73-3.2%
2024-12-31$2.8B+5.4%$3.32-0.6%
2025-12-31$3.2B+13.1%$3.47-2.2%

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsnegative · 3 filings
“The increase in income before income taxes and equity in net earnings of affiliate in Robotics was primarily due to higher sales volume and lower operating expenses primarily as a result of restructuring actions.”
10-Q · Jul 31, 2026 ↗
Credit and interest ratesmixed · 2 filings
“Financing Activities Financing activities during the six months ended June 28, 2026, included $200.0 million in net repayments of borrowings on the revolving credit facility, $74.2 million used for the repurchase of common stock, $41.1 million used for paymen…”
10-Q · Jul 31, 2026 ↗
Data center and AI demandmixed · 2 filings
“The decrease in income before income taxes and equity in net earnings of affiliate in Semiconductor Test was driven primarily by higher spending in selling and administrative and engineering and development, partially offset by higher sales in mobility and co…”
10-Q · Oct 30, 2025 ↗
Demand and volumepositive · 2 filings
“The increase in Product Test revenues of $22.1 million, or 26.0%, was driven by increased AI-related demand, combined with growth in Defense and Aerospace.”
10-Q · Jul 31, 2026 ↗

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

415.54+3.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for TER. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for TER. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind TER

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

IFNNYFiling-linked namesupplierMay 1, 2026 ▾

“On January 31, 2025, we acquired Infineon Technologies AG's ("Infineon") automated test equipment technology and associated development team ("AET") based in Regensburg, Germany for a total purchase price of 17.6 million Euros, equivalent to $18.3 million.”

TFCTruist Financial CorporationlenderMay 1, 2026 ▾

“10.49 Credit Agreement dated May 1, 2020 among Teradyne, Inc., Truist Bank, as the administrative agent, issuing bank and swingline lender, and other lenders party thereto.”

Depended on by

COHUCohu, Inc.competitorFeb 17, 2026 ▾

“Key Competitors Cohu’s primary competitors include established global players in semiconductor test and inspection, such as Advantest, Teradyne, Hon Precision, KLA, and other Asia-based manufacturers.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

TER is currently a Participant in the organic co-movement group Semiconductor Manufacturing. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.