Professional
Added to YB: 2025-01-22
Pitch date: 2025-01-21
TER [neutral]
Teradyne, Inc.
+46.24%
current return
Author Info
No bio for this author
Company Info
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
$26.3B
Pitch Price
$132.22
Price Target
117.00 (-39%)
Dividend
0.29%
EV/EBITDA
39.52
P/E
60.89
EV/Sales
9.13
Sector
Semiconductors and Semiconductor Equipment
Category
value
Teradyne Faces Challenges: Morgan Stanley Cuts Rating to Underweight with $117 Target
TER (downgrade - underweight): Morgan Stanley cuts PT to $117. Lost mkt share to Advantest in HPC/DRAM. ASIC/Apple growth insufficient to offset. 12% rev CAGR 2024-26 vs Street 21%. $5.07 FY26 EPS est, 17% below consensus. 23x P/E implies 15% downside. Expect downward revision of 2025-26 targets in Q4 report.
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