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Upturn AI SWOT - About
TER 
Teradyne Inc (TER)
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Upturn Advisory Summary
09/17/2025: 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 22.83% | Avg. Invested days 44 | 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 09/17/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.19B USD | Price to earnings Ratio 39.69 | 1Y Target Price 116.06 |
Price to earnings Ratio 39.69 | 1Y Target Price 116.06 | ||
Volume (30-day avg) 17 | Beta 1.79 | 52 Weeks Range 65.60 - 143.64 | Updated Date 09/17/2025 |
52 Weeks Range 65.60 - 143.64 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 0.42% | Basic EPS (TTM) 2.88 |
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 39.69 | Forward PE 22.94 | Enterprise Value 17829818500 | Price to Sales(TTM) 6.43 |
Enterprise Value 17829818500 | Price to Sales(TTM) 6.43 | ||
Enterprise Value to Revenue 6.31 | Enterprise Value to EBITDA 27.08 | Shares Outstanding 159073532 | Shares Floating 158414968 |
Shares Outstanding 159073532 | Shares Floating 158414968 | ||
Percent Insiders 0.28 | Percent Institutions 104.14 |
Upturn AI SWOT
Teradyne Inc
Company Overview
History and Background
Teradyne was founded in 1960. Initially focused on component testing, it expanded into semiconductor testing and other automation solutions. Teradyne has grown through organic development and strategic acquisitions, becoming a leading provider of automated test equipment (ATE).
Core Business Areas
- Semiconductor Test: Designs, manufactures, and supports automated test equipment (ATE) used to test semiconductors. This is the largest segment.
- System Test: Provides ATE for testing complex electronic systems, including storage, automotive, and defense/aerospace applications.
- Robotics: Develops and markets collaborative robots (cobots) for industrial automation through Universal Robots and AutoGuide Mobile Robots.
Leadership and Structure
Teradyne is led by CEO Greg Smith. The company operates with a functional organizational structure, with divisions focused on specific product lines and markets.
Top Products and Market Share
Key Offerings
- J750 Family: High-volume semiconductor test platform for memory, microcontrollers, and logic devices. Competitors: Advantest, Cohu. Revenue from this is a large part of the Semiconductor Test revenue, which was $2.1 billion in 2023. Market Share is not broken down by product.
- UltraFLEX Family: ATE platform for testing complex system-on-chip (SoC) devices. Competitors: Advantest. Revenue from this is a large part of the Semiconductor Test revenue, which was $2.1 billion in 2023. Market Share is not broken down by product.
- Universal Robots (UR) Cobots: Collaborative robots used in various industries for tasks like assembly, pick and place, and machine tending. Competitors: ABB, Fanuc, Yaskawa. UR generated approximately $338 million in revenue in 2023. They are the cobot market leader.
Market Dynamics
Industry Overview
The ATE industry is driven by semiconductor manufacturing trends, increasing device complexity, and the growing demand for electronics. The robotics industry is experiencing rapid growth, driven by automation trends, labor shortages, and decreasing robot costs.
Positioning
Teradyne is a leading player in the ATE market, known for its advanced technology and comprehensive product portfolio. In robotics, Universal Robots is a market leader in the cobot segment.
Total Addressable Market (TAM)
The TAM for ATE is estimated to be $6 billion annually, while the TAM for robotics (including cobots) is growing rapidly and expected to reach tens of billions of dollars in the coming years. Teradyne is positioned to capture a significant share of both markets.
Upturn SWOT Analysis
Strengths
- Leading market position in ATE
- Strong technology portfolio
- Diversified product offerings
- Established customer relationships
- Strong cash flow generation
Weaknesses
- Cyclical nature of the semiconductor industry
- High R&D expenses
- Dependence on key customers
- Exposure to macroeconomic fluctuations
Opportunities
- Growth in advanced packaging technologies
- Expansion into new markets (e.g., automotive, 5G)
- Increasing adoption of cobots in various industries
- Strategic acquisitions to expand product portfolio
Threats
- Intense competition in the ATE and robotics markets
- Technological obsolescence
- Economic downturns
- Geopolitical risks (e.g., trade wars)
Competitors and Market Share
Key Competitors
- ADNT
- COHU
- KEYS
Competitive Landscape
Teradyne competes with Advantest and Cohu in the ATE market. Advantest is the strongest competitor. In robotics, Universal Robots competes with ABB, Fanuc, and Yaskawa, but holds a leading position in the cobot segment.
Major Acquisitions
AutoGuide Mobile Robots
- Year: 2019
- Acquisition Price (USD millions): 165
- Strategic Rationale: Expanded Teradyne's robotics portfolio to include autonomous mobile robots (AMRs).
Universal Robots
- Year: 2015
- Acquisition Price (USD millions): 285
- Strategic Rationale: Entry into the Collaborative Robots market, which is fast growing and becoming a key segment for Teradyne.
Growth Trajectory and Initiatives
Historical Growth: Teradyne has experienced significant growth over the past decade, driven by acquisitions and organic growth in the ATE and robotics markets. The past few years have been volatile due to supply chain and economic conditions.
Future Projections: Analysts project moderate revenue growth for Teradyne in the coming years, driven by the continued growth of the semiconductor and robotics industries. Long term revenue growth is projected to be 9.4%.
Recent Initiatives: Teradyne has been focused on expanding its robotics portfolio and investing in R&D to develop advanced ATE solutions.
Summary
Teradyne is a strong company that has diversified its portfolio and has a good position in the automated test equipment and cobot markets. The company faces cyclical headwinds in the semiconductor industry, so it needs to continue to manage costs and invest in technology. The cobot portion is key to future growth as the semiconductor industry has become very cyclical. Teradyne is also subject to acquisitions from key industry rivals.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Teradyne Investor Relations
- SEC Filings (10-K, 10-Q)
- Analyst Reports
- Company Presentations
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial professional. Market data is subject to change.
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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