inTEST (NYSEAM:INTT) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Company ParticipantsDuncan Gilmour - CFO and TreasurerNick Grant - President and CEOSanjay Hurry - IR CoordinatorConference Call ParticipantsDick Ryan - Senior Research AnalystMax Michaelis - Equity Research AnalystTed Jackson - Managing Director and Senior Equity Research AnalystOperatorGreetings. Welcome to inTEST Corporation's fourth quarter 2025 financial results conference call. At this time, all participants are in listen-only mo ...

inTEST (NYSEAM:INTT) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker2Greetings. Welcome to inTEST Corporation's fourth quarter 2025 financial results conference call. At this time, all participants are in listen-only mode. The question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note that today's conference is being recorded. At this time, I'll now turn the conf ...

Morgan Stanley sets a price target of $288 for Teradyne, Inc. (NASDAQ:TER), indicating a modest increase.Teradyne reports impressive fourth-quarter results, with adjusted earnings of $1.80 per share and revenue of $1.08 billion.The company anticipates significant growth in 2026, driven by strong demand in the compute and memory sectors, fueled by AI.Teradyne, Inc. (NASDAQ:TER) is a leading supplier of automation equipment for test and industrial applications. The company is known for its advanced testing so ...

Core Insights - Keysight Technologies, Inc. (KEYS) has partnered with Point2 Technology to address connectivity challenges in hyperscale AI data centers by testing next-generation, multi-terabit interconnects [1] Group 1: Partnership and Technology Development - Keysight will utilize its high-speed digital test solutions, including the M8050A High-Performance Bit Error Ratio Tester (BERT) and DCA-X Sampling Oscilloscopes, to evaluate Point2's e-Tube technology [2] - The collaboration enables Keysight to generate and analyze complex 120 GBaud PAM4 signals necessary for achieving ultra-fast 1.6-terabit data speeds, thereby enhancing advanced testing and interconnect technologies [3] - Keysight is also engaged in early research on 3.2T interfaces using its 448 Gbps signal generation and advanced testing tools [2][3] Group 2: Strategic Collaborations - Keysight is collaborating with NVIDIA Corporation (NVDA) to advance hybrid quantum and AI computing by integrating high-performance control systems with AI-driven infrastructure [4] Group 3: Competitive Landscape - Keysight faces competition from Viavi Solutions Inc. (VIAV) and Teradyne, Inc. (TER), with Viavi working on a test system for Open RAN products and Teradyne partnering with MultiLane for advanced test solutions [5][6] Group 4: Financial Performance and Valuation - Keysight's shares have increased by 29.7% over the past year, compared to the industry's growth of 35.1% [7] - The company's shares are currently trading at a forward 12-month earnings multiple of 26.53, which is lower than the industry average of 30.93 [10] - Earnings estimates for Keysight for 2026 have risen by 1.1% to $8.03, while estimates for 2027 have increased by 2.1% to $9.25 over the past 60 days [11]

Market Reactions - The CEO of Indonesia's stock market, Imam Rachman, resigned, leading to a 1.2% gain in Jakarta's benchmark index, which had previously been at all-time highs but fell 7.4% on Wednesday and 1.1% on Thursday due to MSCI's warning about market risks [1][14] - The Hang Seng index in Hong Kong dropped 1.8% to 27,455.13, while the Shanghai Composite index slipped 0.9% to 4,122.61 [1][14] - Tokyo's Nikkei 225 fell 0.1% to 53,322.85, with declines in artificial intelligence-related stocks, including a 4.5% drop for Advantest and a 1.7% drop for Disco Corp [4][14] - South Korea's Kospi edged up 0.1% to 5,224.36 after initial talks with U.S. Commerce Secretary Howard Lutnick did not yield an agreement [4][14] U.S. Stock Market Performance - U.S. stocks experienced modest movements, with the S&P 500 slipping 0.1% after reaching record highs earlier in the day and dropping by as much as 1.5% [5][14] - Microsoft saw a significant decline of 10%, marking its worst day since the COVID crash in 2020, despite reporting stronger-than-expected profits and revenue [5][14] - Tesla's stock fell 3.5%, delivering a profit that exceeded analyst expectations but was lower than the previous year [6][14] Precious Metals and Currency Trends - Gold prices decreased by 2.8% to $5,205 per ounce after briefly reaching near $5,600, having nearly doubled over the last 12 months [7][14] - Silver prices declined 4.1% to nearly $110.41, following a significant upward trend [7][14] - The U.S. dollar traded at 153.85 Japanese yen, up from 152.97 yen, while the euro slipped to $1.1921 from $1.1967 [9][14] Oil Market Dynamics - Oil prices fell after a previous increase of over 3% due to concerns about U.S.-Iran tensions affecting crude flow [10][14] - U.S. benchmark crude oil lost $1.07 to $64.35 per barrel, while Brent crude dropped $1.10 to $68.49 per barrel [11][14]

Core Viewpoint - Investors with significant capital have adopted a bearish stance on Teradyne (NASDAQ:TER), indicating potential upcoming changes in the company's outlook [1][2]. Options Trading Activity - Benzinga's options scanner identified 19 options trades for Teradyne, suggesting that large investors may have insights into future developments [2]. - The sentiment among big-money traders is mixed, with 42% bullish and 47% bearish positions noted. Specifically, there was 1 put option totaling $25,950 and 18 call options amounting to $2,010,983 [3]. - The projected price targets for Teradyne, based on volume and open interest, range from $80.0 to $240.0 over the past quarter [4]. Volume and Open Interest Analysis - Analyzing the volume and open interest of options is crucial for understanding liquidity and interest in Teradyne's options. Recent data shows significant whale trades within the strike price range of $80.0 to $240.0 over the last 30 days [5]. Noteworthy Options Activity - A detailed snapshot of options activity reveals bearish sentiment in several trades, with notable call options at strike prices of $150.00 and $240.00, indicating a cautious outlook among traders [9]. Company Overview - Teradyne specializes in testing equipment, including automated test equipment for semiconductors and industrial automation solutions, serving various end markets with a strong focus on semiconductor testing [10]. Current Market Position - Professional analysts have set an average price target of $260.0 for Teradyne, reflecting a generally positive outlook despite the current bearish sentiment in options trading [12]. - The current stock price of Teradyne is $234.84, up 2.02%, with upcoming earnings expected in 18 days. Analysts from B of A Securities and Stifel maintain Buy ratings with target prices of $250 and $270, respectively [14].

Group 1 - The era of humanoid robots capable of work is approaching, with institutions highlighting that the mass production capability of core components will be a decisive factor for investment success. Key companies have been identified [1] - Testing equipment is set to benefit from AI computing power, advanced packaging, and structural opportunities in automotive electronics, with a focus on core domestic replacement targets [1] - An AI industry conference is imminent, presenting a window for investment in two core tracks [1] - The industry is entering a concentrated period of benefits realization, with brain-computer interface commercialization accelerating [1]

Core Insights - Three companies from Suzhou High-tech Zone Shishan Business Innovation District have been selected as provincial enterprise technology centers for 2025, which are crucial for building technological innovation systems and enhancing competitive market positions [1] Company Summaries - Suzhou Lianxun Instrument Co., Ltd. has achieved key technological breakthroughs in optical communication testing, power device testing, and semiconductor integrated circuit testing [1] - Suzhou Haipeng Technology Co., Ltd. focuses on distributed photovoltaic inverter products and smart energy management solutions, with products sold in over 70 countries across five continents [1] - Suzhou Gaiya Information Technology Co., Ltd. has developed core technologies for real-time parallel processing of massive data and dynamic scheduling algorithms for heterogeneous data, serving clients in 34 countries and regions with over 7 million employees using its services daily [1]

Core Insights - Cannabix Technologies Inc. has developed an autonomous alcohol breathalyzer screening device called BreathLogix, aimed at various industries and safety settings [1][10] - The company has received its first international product orders for BreathLogix from its exclusive distribution partner in Australia, Breathalyser Sales & Service Pty Ltd [1][2] Product Overview - BreathLogix devices provide rapid breath alcohol checks, capture user photos, and deliver real-time alerts to managers, enhancing workplace safety by preventing alcohol-related injuries [2][6] - The devices feature patent-pending pre-calibrated sensor cartridge technology, allowing for easy maintenance without costly calibration equipment [7] Distribution Agreement - Cannabix entered into an exclusive distribution agreement with Breathalyser SSP for Australia, New Zealand, and the Pacific Islands, leveraging Breathalyser SSP's extensive experience in the alcohol testing market [2][3] - Breathalyser SSP is a leading distributor in Australia, serving various sectors including mining, oil and gas, and technology [3] Company Statements - The CEO of Cannabix expressed excitement about the first orders from Australia, highlighting the company's commitment to delivering innovative technologies [4] - The Managing Director of Breathalyser SSP emphasized the key features of BreathLogix that are important to employers, such as rapid testing and cloud reporting capabilities [4] Financial Update - Cannabix will not proceed with a previously announced non-brokered private placement, indicating a reassessment of capital requirements in early 2026 due to recent orders and increased distribution activity [8]

Group 1 - The company, Holoway, is actively expanding its rocket testing system business based on its satellite testing system [1] - Holoway has achieved a breakthrough in orders for its rocket testing system [1]