These Analysts Increase Their Forecasts On Teradyne Following Upbeat Q3 Results

Core Insights - Teradyne Inc. reported better-than-expected third-quarter results, with earnings of 85 cents per share, surpassing the analyst consensus estimate of 79 cents per share, and quarterly sales of $769.210 million, exceeding the estimate of $743.776 million [1][2]. Financial Performance - The company anticipates fourth-quarter adjusted EPS between $1.20 and $1.46, compared to market estimates of $1.02. Sales expectations range from $920 million to $1 billion, against market estimates of $814.262 million [2]. - The Semiconductor Test Group's performance was a key driver, with sales exceeding expectations, primarily due to System-on-a-Chip (SOC) solutions for AI applications and strong memory performance. Q4'25 sales are projected to increase by 25% sequentially and 27% year-over-year [3]. Analyst Ratings and Price Targets - Following the earnings announcement, analysts adjusted their price targets for Teradyne. Goldman Sachs analyst James Schneider maintained a Sell rating but raised the price target from $130 to $148. Evercore ISI Group analyst Mark Lipacis maintained an Outperform rating and increased the price target from $175 to $200 [4][6].