TERADYNE, INC.
At today's price, TERADYNE, INC. (TER) is priced for today's economics sustained for ~18.6 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Teradyne makes the automatic test equipment that verifies semiconductors work, and the AI buildout has become its dominant driver: AI-related demand was nearly 70% of Q1 2026 revenue, up from about 60% the prior quarter. [Source: Q1 2026 earnings release] • The biggest risk is that this is a cyclical business priced for a permanent boom: at a P/E of 66 no valuation method except forward growth reaches the price, and semiconductor test demand has historically swung hard. • Watch memory-test mom
Is TER overvalued? See what's priced in →
1,190 institutional managers reported holding TER in 13F filings for the quarter ended 2026-03-31. Together they hold about 91% of the company; the top 10 hold 42%. 265 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 8.9M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (2.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TER has cut its share count 4.4% over the past five years, spending $2.61B on repurchases. It pays a dividend, and has for 12 years running; the current rate is $0.48 a share annually. Cash returned over the past three years: $206.79M in dividends and $1.08B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at TER over the trailing three years: 2024: 2 buys totaling $95k. 19 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TER's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | -2.0% | -6.3% |
| 2023-11-04 | -4.6% | +17.2% |
| 2024-02-23 | -9.0% | +14.0% |
| 2024-05-04 | +13.3% | +25.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TER's latest 8-K filings: 2026-05-11 (items 5.07); 2026-04-29 (items 2.02, 9.01); 2026-02-03 (items 2.02, 9.01); 2025-10-29 (items 2.02, 9.01); 2025-10-28 (items 5.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.