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

We precocious published 10 Easy Double-Digit Gainers. Teradyne Inc. (NASDAQ:TER) was 1 of the champion performers past week.

Teradyne soared by 24.5 percent week-on-week to deed a caller all-time precocious arsenic investors took bosom from a beardown net show and 11 terms people upgrades for its stock.

On Friday alone, Teradyne Inc. (NASDAQ:TER) climbed to its highest terms of $301.38 earlier trimming gains to decorativeness the league conscionable up by 10.69 percent astatine $300.11 apiece.

A robot holding a cup. Photo by Pavel Danilyuk connected Pexels

Last week, the institution reported a 2.2 percent leap successful its full-year nett income to $554 cardinal versus $542 cardinal successful 2024. Net revenues accrued by 13 percent to $3.2 cardinal from $2.82 cardinal year-on-year, amid beardown net from semiconductor and merchandise testing, arsenic good arsenic robotics.

In the 4th fourth alone, nett income surged by 76 percent to $257 cardinal from $146 million, portion nett revenues grew by 44 percent to $1.08 cardinal from $753 million.

“Our Q4 results were supra the precocious extremity of our guidance range, fueled by AI-related request successful compute, networking and representation wrong our semi trial business…In 2026, we expect year-over-year maturation crossed each of our businesses, with beardown momentum successful compute driven by AI,” Teradyne Inc. (NASDAQ:TER) CEO Greg Smith said.

For the archetypal 4th of the year, Teradyne Inc. (NASDAQ:TER) is targeting revenues betwixt $1.15 cardinal and $1.25 billion.

Also past week, the institution received terms people upgrades from 11 concern firms, of which Susquehanna was the astir bullish, raising its terms people to $335 from $275 previously.

While we admit the imaginable of TER arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.