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TER

Teradyne Inc

NASDAQ: TER · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS

$306.33
-19.41% today

Updated 2026-04-29

Market cap
$53.77B
P/E ratio
63.72
P/S ratio
14.20x
EPS (TTM)
$5.39
Dividend yield
0.16%
52W range
$73 – $422
Volume
3.3M

Teradyne Inc (TER) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$306.33
Consensus
$258.17
-15.72%
2030 Target
$588.26
+92.03%
DCF
21 analysts:
10 Buy3 Hold1 Sell

Management guidance

No specific CEO revenue targets found in available data. Management has not publicly stated a revenue target for 2026-2030. Guidance appears to be provided through quarterly earnings, with Q4 2025 showing 43.9% YoY revenue growth to $1.083B, suggesting strong momentum driven by AI semiconductor testing demand.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$990.75
$7.8B Rev × 20x P/S
Base case (2030)
$588.26
$7.8B Rev × 12x P/S
Bear case (2030)
$402.49
$7.8B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$2.7B$2.8B$3.2B$4.2B$5.0B$5.9B$6.8B$7.8B
Revenue growth5.4%13.1%32.0%18.0%18.0%16.0%14.0%
EPS$2.93$3.22$3.97$6.30$8.30$10.20$11.80$13.40
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$309.61$371.53$464.42$526.34$588.26

Catalysts & risks

Growth catalysts
+ AI infrastructure buildout and HBM semiconductor testing demand
+ Advanced packaging solutions (Photonics, Omnyx for board test, Photon 100)
+ Robotics recovery with Cognitive Cobots and industrial automation expansion
+ Strong institutional adoption (97% institutional ownership)
+ Recovery from historical down cycle (2022-2024 revenue trough)
Key risks
- Geopolitical tensions affecting semiconductor supply chains (helium supply from Middle East)
- High valuation at 89.2x P/E with forward P/E 36.88x creates downside risk
- Sector cyclicality and potential AI capex pullback by hyperscalers
- Customer concentration risk in semiconductor testing (TSMC, Samsung, Intel capex dependency)
- Recent insider selling (Cathie Wood's ARK sold $8.6M of TER in March 2026)

Methodology

Teradyne Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 21 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.