Teradyne (TER) Rockets 24% as 11 Analysts Hike PT After Strong Earnings

Core Insights - Teradyne Inc. (NASDAQ:TER) experienced a significant stock price increase of 24.5% week-on-week, reaching an all-time high, driven by strong earnings and 11 price target upgrades from investment firms [1][5]. Financial Performance - The company reported a 2.2% increase in full-year net income to $554 million compared to $542 million in 2024, with net revenues rising by 13% to $3.2 billion from $2.82 billion year-on-year, attributed to strong performance in semiconductor and product testing, as well as robotics [3]. - In Q4, net income surged by 76% to $257 million from $146 million, while net revenues grew by 44% to $1.08 billion from $753 million, exceeding guidance due to AI-related demand in various sectors [4]. - For Q1, Teradyne is targeting revenues between $1.15 billion and $1.25 billion [5]. Market Sentiment - The stock received price target upgrades from 11 investment firms, with Susquehanna being the most optimistic, raising its target from $275 to $335 [5].