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Upturn AI SWOT - About
TER 
Teradyne Inc (TER)
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Upturn Advisory Summary
07/03/2025: 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 $95.86
1 Year Target Price $95.86
| 9 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -0.13% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 14.93B USD | Price to earnings Ratio 26.36 | 1Y Target Price 95.86 |
Price to earnings Ratio 26.36 | 1Y Target Price 95.86 | ||
Volume (30-day avg) 17 | Beta 1.67 | 52 Weeks Range 65.67 - 162.45 | Updated Date 07/3/2025 |
52 Weeks Range 65.67 - 162.45 | Updated Date 07/3/2025 | ||
Dividends yield (FY) 0.53% | Basic EPS (TTM) 3.53 |
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 19.86% | Operating Margin (TTM) 19.74% |
Management Effectiveness
Return on Assets (TTM) 10.56% | Return on Equity (TTM) 21.55% |
Valuation
Trailing PE 26.36 | Forward PE 27.93 | Enterprise Value 14669368629 | Price to Sales(TTM) 5.14 |
Enterprise Value 14669368629 | Price to Sales(TTM) 5.14 | ||
Enterprise Value to Revenue 5.05 | Enterprise Value to EBITDA 18.79 | Shares Outstanding 160420000 | Shares Floating 159749730 |
Shares Outstanding 160420000 | Shares Floating 159749730 | ||
Percent Insiders 0.27 | Percent Institutions 99.56 |
Upturn AI SWOT
Teradyne Inc
Company Overview
History and Background
Teradyne was founded in 1960 in Boston, Massachusetts, by Nick DeWolf and Alex d'Arbeloff. Initially focused on diode testing, it evolved into a leading provider of automated test equipment (ATE) for semiconductors, electronic systems, and wireless devices. Significant milestones include the introduction of the first automatic transistor tester in 1961 and expansion into robotics in later years.
Core Business Areas
- Semiconductor Test: Designs, manufactures, and supports ATE for testing semiconductors. This is their largest segment.
- System Test: Provides ATE for testing complex electronic systems, including defense, aerospace, and automotive applications.
- Robotics: Designs and manufactures collaborative robots (cobots) and autonomous mobile robots (AMRs) through its Universal Robots and AutoGuide Mobile Robots brands.
- Wireless Test: ATE for testing wireless connectivity products, power devices, and optoelectronic components.
Leadership and Structure
Teradyne is led by CEO Gregory Beecher. The company has a functional organizational structure with distinct business units for each core area, supported by centralized functions like finance, HR, and marketing. The board of directors oversees the company's strategy and performance.
Top Products and Market Share
Key Offerings
- UltraFLEX: A semiconductor test platform for high-end logic and memory devices. Teradyne holds a significant market share in this space. Competitors include Advantest and Cohu.
- J750: A widely used semiconductor test platform for microcontrollers and other mixed-signal devices. Teradyne is a leading vendor in this segment. Advantest is a major competitor.
- Universal Robots UR Series: Collaborative robots used in various industries for automating tasks. Universal Robots is a market leader in the cobot space. Competitors include ABB, Fanuc, and Rethink Robotics.
- In-Line Defect Inspection Systems: Automated Visual Inspection (AVI) equipment for semiconductor manufacturing lines. Competitors include Camtek, KLA, and Nova.
Market Dynamics
Industry Overview
The ATE industry is cyclical, driven by semiconductor capital spending. Robotics is a high-growth market driven by automation trends. The wireless test market is influenced by new wireless standards (e.g., 5G, WiFi 6E).
Positioning
Teradyne is a leading player in the ATE market with a strong reputation for technology and reliability. In robotics, Universal Robots is a dominant player in the cobot segment. Their competitive advantage lies in their technological expertise and global customer base.
Total Addressable Market (TAM)
The total addressable market for Teradyne's products and services is estimated to be over $10 billion. Teradyne is well-positioned to capture a significant share of this market due to its strong market position in ATE and its growing presence in robotics.
Upturn SWOT Analysis
Strengths
- Leading market position in ATE
- Strong brand reputation
- Global customer base
- Technological expertise
- Diversified product portfolio
Weaknesses
- Cyclical revenue stream (ATE)
- Dependence on semiconductor industry
- High R&D expenses
- Exposure to currency fluctuations
Opportunities
- Growth in robotics market
- Expansion into new markets
- Acquisitions of complementary technologies
- Increased demand for advanced testing solutions
- Increase demand for automation in manufacturing
Threats
- Economic downturns
- Increased competition
- Technological obsolescence
- Geopolitical risks
- Semiconductor industry cycles
Competitors and Market Share
Key Competitors
- ADTN
- COHU
- KEYS
Competitive Landscape
Teradyne competes on technology, reliability, and customer service. Advantest is a strong competitor in the ATE market. In robotics, Teradyne competes with a wide range of companies, including ABB, Fanuc, and others.
Major Acquisitions
AutoGuide Mobile Robots
- Year: 2019
- Acquisition Price (USD millions): 165
- Strategic Rationale: Expanded Teradyne's robotics portfolio into autonomous mobile robots.
Universal Robots
- Year: 2015
- Acquisition Price (USD millions): 285
- Strategic Rationale: Expanded Teradyne's presence in collaborative robotics and automation.
Growth Trajectory and Initiatives
Historical Growth: Teradyne has experienced moderate growth over the past decade, driven by acquisitions and expansion into new markets.
Future Projections: Analysts project continued growth for Teradyne, driven by demand for ATE and robotics. The robotics segment is expected to be a key growth driver.
Recent Initiatives: Recent strategic initiatives include acquisitions in the robotics and automation space, as well as investments in new product development.
Summary
Teradyne is a strong company with a leading position in the automated test equipment (ATE) market and a growing presence in the robotics sector. Its strength lies in its technological expertise and global customer base. However, the company's cyclical revenue stream and dependence on the semiconductor industry are areas to watch. Teradyne needs to be wary of economic downturns and increasing competition in both ATE and robotics markets.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Teradyne Investor Relations
- Market Research Reports
- Analyst Estimates
- Company Filings (SEC)
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
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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