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Upturn AI SWOT - About
TER 
Teradyne Inc (TER)
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Upturn Advisory Summary
08/28/2025: TER (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
17 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $116.06
1 Year Target Price $116.06
| 9 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 26.52% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.81B USD | Price to earnings Ratio 40.91 | 1Y Target Price 116.06 |
Price to earnings Ratio 40.91 | 1Y Target Price 116.06 | ||
Volume (30-day avg) 17 | Beta 1.72 | 52 Weeks Range 65.67 - 143.79 | Updated Date 08/29/2025 |
52 Weeks Range 65.67 - 143.79 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 0.41% | Basic EPS (TTM) 2.89 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 16.59% | Operating Margin (TTM) 14.87% |
Management Effectiveness
Return on Assets (TTM) 9.25% | Return on Equity (TTM) 16.85% |
Valuation
Trailing PE 40.91 | Forward PE 38.02 | Enterprise Value 18459749687 | Price to Sales(TTM) 6.65 |
Enterprise Value 18459749687 | Price to Sales(TTM) 6.65 | ||
Enterprise Value to Revenue 6.53 | Enterprise Value to EBITDA 28.03 | Shares Outstanding 159074000 | Shares Floating 158416558 |
Shares Outstanding 159074000 | Shares Floating 158416558 | ||
Percent Insiders 0.27 | Percent Institutions 104.09 |
Upturn AI SWOT
Teradyne Inc
Company Overview
History and Background
Teradyne was founded in 1960. Originally focused on diode testing, it evolved into a major player in automated test equipment (ATE) for semiconductors, wireless products, data storage, and complex electronic systems. It has grown through organic development and acquisitions.
Core Business Areas
- Semiconductor Test: Designs, manufactures, and supports ATE equipment used to test semiconductors. This is their largest segment by revenue.
- System Test: Offers test solutions for complex electronic systems, including defense, aerospace, and automotive applications.
- Robotics: Provides collaborative robots (cobots) and autonomous mobile robots (AMRs) for various industries, including manufacturing and logistics.
- Wireless Test: Develops test equipment for wireless devices and infrastructure, supporting 5G and other wireless technologies.
Leadership and Structure
The CEO is Greg Smith. Teradyne operates with a functional organizational structure. The company is headquartered in North Reading, Massachusetts.
Top Products and Market Share
Key Offerings
- UltraFLEX Plus: A high-end ATE system for testing advanced semiconductors. Teradyne holds a significant market share (estimated 40-50%) in the high-end SOC test market. Competitors include Advantest (ATE) and Cohu (back-end).
- J750: A cost-effective ATE system for testing microcontrollers and other semiconductors. Teradyne has a large installed base of J750 systems. Competitors include Advantest and Chroma ATE.
- Universal Robots: A line of collaborative robots used in various industrial applications. Market share is estimated to be in the top 3, but no single leader. Competitors include ABB (ABB), FANUC (FANUY), and Yaskawa (YASKY).
- LitePoint: Wireless test solutions for mobile devices and wireless infrastructure. Broad market coverage with significant customers. Competitors include Keysight (KEYS) and Rohde & Schwarz.
Market Dynamics
Industry Overview
The semiconductor test market is driven by the increasing complexity of semiconductors and the growing demand for electronic devices. The robotics market is experiencing strong growth due to automation trends. The wireless test market is fueled by the rollout of 5G and other wireless technologies.
Positioning
Teradyne is a leading provider of ATE equipment and collaborative robots. It holds strong market positions in high-end SOC test and collaborative robotics. A primary competitive advantage is its broad product portfolio.
Total Addressable Market (TAM)
The TAM for Teradyne's combined segments is estimated at $10-12 billion annually. Teradyne captures a substantial portion, with a strong position in key market areas.
Upturn SWOT Analysis
Strengths
- Strong market position in ATE
- Diverse product portfolio
- Large installed base
- Global presence
- Strong balance sheet
Weaknesses
- Cyclicality of the semiconductor industry
- Dependence on major customers
- Exposure to geopolitical risks
- Robotics market still developing
Opportunities
- Growth in 5G and IoT
- Increasing demand for automation
- Expansion into new markets
- Acquisition opportunities
Threats
- Economic downturns
- Intense competition
- Technological obsolescence
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- ADVT
- KEYS
- ABB
- FANUY
Competitive Landscape
Teradyne competes with larger conglomerates with a broader product set as well as smaller, more niche businesses. Key competition centers around both price and performance.
Major Acquisitions
AutoGuide Mobile Robots
- Year: 2019
- Acquisition Price (USD millions): 165
- Strategic Rationale: Expanded Teradyne's robotics portfolio into autonomous mobile robots (AMRs).
LitePoint
- Year: 2010
- Acquisition Price (USD millions): 580
- Strategic Rationale: Expanded Teradyne's test capabilities into the wireless communications space
Growth Trajectory and Initiatives
Historical Growth: Teradyne has demonstrated strong growth over the past decade, driven by both organic growth and acquisitions. Growth is tied to overall increase in semiconductor, robotics and wireless.
Future Projections: Analysts project moderate growth for Teradyne over the next few years, driven by growth in 5G, IoT, and automation. Acquisition remains a part of long-term strategy.
Recent Initiatives: Recent initiatives include expanding its robotics offerings, investing in new technologies, and pursuing strategic acquisitions. A strong focus on industrial automation.
Summary
Teradyne is a strong company in the automated test equipment and robotics industries. It benefits from a diverse product portfolio and a solid financial position. The company's performance is tied to the cyclical nature of the semiconductor market. However, their robotics acquisitions have smoothed out some of the cycles and expanded their overall total addressable market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q), Company Investor Relations, Analyst Reports, Market Research Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Market data is subject to change. Accuracy is not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Teradyne Inc
Exchange NASDAQ | Headquaters North Reading, MA, United States | ||
IPO Launch date 1987-03-11 | President, CEO & Director Mr. Gregory Stephen Smith | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 6500 | Website https://www.teradyne.com |
Full time employees 6500 | Website https://www.teradyne.com | ||
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. It operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers. It also provides semiconductor test systems and instruments, defense/aerospace test instrumentation and systems, storage and system level test systems, wireless test systems and robotics products, and circuit-board test and inspection systems; production board test; and wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
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