NASDAQ: TER
Teradyne, Inc.
Technology · Semiconductors
After hours: $386.15(+1.71%) · as of 7:59 PM ET
Market Cap
$59.35B
52w High
$487.91
52w Low
$106.30
P/E
52.04
Volume
2.82M
Outstanding Shares
156.34M
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 243.2% over the last year. Revenue grew 57.87% over the trailing twelve months. Operating margin moved from 18.29% to 30.61%. Free cash flow grew 40.61% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (95th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 30.61% — continued expansion would be needed to justify the premium. Revenue growth of 57.87% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
20
Buy
11
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 27, 2026
Q4 FY26 · EPS est $2.03 · Revenue est $1.26B
View
Dividends
$0.50/shareQuarterlyDividend Achiever · 11yrSafeTER pays a dividend with a 0.13% dividend yield, 11 consecutive years of growth, growing at 4.56% annually, covered 5.9× by free cash flow.
Dividend Yield
0.13%
Annual Div / Share
$0.50
5yr CAGR
+4.56%
Doubles every ~15.5yr
Payout Ratio
6.82%
Safe
Dividend Growth Rate
3yr CAGR
+4.35%
5yr CAGR
+4.56%
10yr CAGR
+7.62%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$0/mo
In 5 yrs
$0/mo
In 10 yrs
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$1/yr $0/mo | $2/yr+25% $0/mo | $2/yr+56% $0/mo |
Yield-on-cost grows from 0.13% → 0.21% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
TER has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 5.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.