What is Zacks Research’s Estimate for Teradyne Q3 Earnings?

Teradyne, Inc. (NASDAQ:TER) – Equities research analysts at Zacks Research lowered their Q3 2025 EPS estimates for Teradyne in a report released on Tuesday, August 19th. Zacks Research analyst Team now expects that the company will post earnings of $0.77 per share for the quarter, down from their prior forecast of $0.90. The consensus estimate for Teradyne’s current full-year earnings is $3.88 per share. Zacks Research also issued estimates for Teradyne’s Q4 2025 earnings at $0.96 EPS, FY2025 earnings at $3.05 EPS and Q3 2026 earnings at $0.84 EPS.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The business had revenue of $651.80 million for the quarter, compared to analysts’ expectations of $649.02 million. During the same quarter in the previous year, the business posted $0.86 earnings per share. The business’s revenue was down 10.7% compared to the same quarter last year. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS.

Several other brokerages have also recently issued reports on TER. Morgan Stanley upgraded shares of Teradyne from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $102.00 target price (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. The Goldman Sachs Group reiterated a “sell” rating and set a $85.00 target price on shares of Teradyne in a report on Wednesday, July 30th. Susquehanna decreased their price target on shares of Teradyne from $155.00 to $133.00 and set a “positive” rating for the company in a research report on Wednesday, April 30th. Finally, Wall Street Zen raised shares of Teradyne from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $114.44.

Teradyne Price Performance

Teradyne stock opened at $109.30 on Thursday. The stock has a market cap of $17.39 billion, a price-to-earnings ratio of 37.82, a price-to-earnings-growth ratio of 2.30 and a beta of 1.72. Teradyne has a 1 year low of $65.77 and a 1 year high of $144.16. The firm has a 50-day moving average of $97.04 and a two-hundred day moving average of $91.28.

Institutional Investors Weigh In On Teradyne

A number of hedge funds and other institutional investors have recently made changes to their positions in TER. Dimensional Fund Advisors LP grew its stake in shares of Teradyne by 15.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 944,941 shares of the company’s stock worth $118,997,000 after purchasing an additional 127,084 shares during the period. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Teradyne by 144.2% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,297 shares of the company’s stock worth $793,000 after purchasing an additional 3,718 shares during the period. MetLife Investment Management LLC grew its stake in Teradyne by 1.0% in the 4th quarter. MetLife Investment Management LLC now owns 49,255 shares of the company’s stock valued at $6,202,000 after acquiring an additional 474 shares during the period. State of Tennessee Department of Treasury grew its stake in Teradyne by 7.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 52,832 shares of the company’s stock valued at $6,653,000 after acquiring an additional 3,815 shares during the period. Finally, Pinebridge Investments L.P. acquired a new stake in Teradyne in the 4th quarter valued at $2,570,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total transaction of $58,724.00. Following the transaction, the chief executive officer owned 96,993 shares in the company, valued at $10,281,258. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.16% of the stock is currently owned by company insiders.

Teradyne announced that its board has initiated a share repurchase plan on Monday, April 28th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.