Teradyne Q1 revenue beats analyst estimates on AI demand

Teradyne

28/04/2026 21:39

Overview

Automated test equipment maker's Q1 revenue rose 87% yr/yr, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company says record results driven by AI-related demand across compute and memory segments

Outlook

Teradyne sees Q2 revenue between $1.15 bln and $1.25 bln

Company expects Q2 GAAP EPS of $1.83 to $2.12 and non-GAAP EPS of $1.86 to $2.15

Result Drivers

AI-RELATED DEMAND - Co said record Q1 results were driven by strong AI-related demand across compute and memory segments, with about 70% of revenue tied to AI applications

Company press release: ID:nBw2GgtZka

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.28 bln
$1.21 bln (15 Analysts)
Q1 Adjusted EPS
Beat
$2.56
$2.10 (16 Analysts)
Q1 EPS
$2.53


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 6 "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 $328.50, about 18.3% below its April 27 closing price of $402.00

The stock recently traded at 58 times the next 12-month earnings vs. a P/E of 37 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)