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Chip testing firm Teradyne's Q4 revenue beats estimates, fueled by AI-related demand
Teradyne, Inc. TER | 303.92 303.92 | +4.50% 0.00% Post |
Overview
Automated test equipment maker's Q4 revenue rose 44% yr/yr, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company's Q4 growth driven by AI-related demand in compute and memory
Outlook
Teradyne projects Q1 2026 revenue between $1.150 bln and $1.250 bln
Company expects Q1 2026 GAAP EPS of $1.82 to $2.19
Teradyne anticipates growth in 2026 driven by AI demand in compute
Result Drivers
AI DEMAND - Q4 growth driven by strong AI-related demand in compute, networking, and memory within Semi Test business
SEGMENT GROWTH - Sequential growth across all business groups: Semi Test, Product Test, and Robotics
SEMICONDUCTOR TEST - Semiconductor Test segment contributed $883 mln to Q4 revenue
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q4 Revenue |
Beat |
$1.08 bln |
$971.09 mln (14 Analysts) |
Q4 Adjusted EPS |
Beat |
$1.80 |
$1.36 (15 Analysts) |
Q4 EPS |
|
$1.63 |
|
Q4 Adjusted Net Income |
Beat |
$283 mln |
$212.84 mln (12 Analysts) |
Q4 Net Income |
|
$257.20 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"
Wall Street's median 12-month price target for Teradyne Inc is $224.50, about 6.9% below its January 30 closing price of $241.05
The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 38 three months ago
Press Release: ID:nBw4kSxsza
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


