PREVIEW: Teradyne slides from record highs as investors focus on AI demand

Teradyne

28/04/2026 19:11

** Shares of Teradyne TER.O dropping 5.5% in broader chip market sell-off on Tues ahead of qtrly results after the bell, with analysts expecting massive rev growth from AI boom

** Analysts on avg expect the supplier of chip testing equipment to report qtrly rev up 76% to $1.21 bln and adj EPS of $2.10, vs $0.75 a yr ago, per LSEG

** Co is benefitting from strong demand related to the manufacture of high-end processors and memory chips for AI

** Stock has surged about 97% YTD, far outpacing the Nasdaq's .IXIC ~6% rise. Co on Fri notched a record high close

** Of 19 analysts covering the stock, 12 rate it 'buy' or 'strong buy', Median price target of $328.50 is well below the current share price of $381.18

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))