Teradyne jumps after upbeat Q3 revenue forecast

Teradyne

29/07/2026 09:34

** Shares of chip testing equipment maker Teradyne TER.O jump 4.4% to $334.80 in premarket trading
** Co forecasts Q3 revenue between $1.20 bln and $1.30 bln, midpoint of which is above analysts' estimates of $1.04 bln - as per data compiled by LSEG  
** TER's Q2 revenue more than doubled to $1.33 billion, beating estimates of $1.22 billion   
** Posts Q2 adjusted profit of $2.47 per share vs estimate of $2.09 per share
** 14 of 18 analysts covering the stock rate it "Buy" or higher, three "Hold", and one "Sell"; their median PT is $446 - data compiled by LSEG
** As of last close, TER shares up more than 65% YTD compared to a 55.8% rise in Philadelphia SE Semiconductor index .SOX

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))