TERADYNE, INC · Instruments For Meas & Testing of Electricity & Elec Signals

TER

Low riskAI: Chip equipment and designNext report: In 1 days (est.)

View price ↗

The short version

A high-quality, profitable business with growing sales. Institutions are adding.

Going well

Sales up 104% in the latest quarter vs a year ago
Profitable, keeps 17% of sales as profit
Sales up 13% last year

Money moves

Insiders sold $1.8M in the last 30 days, all through pre-planned sales
Institutions added 5.2% to their holdings in the quarter ending June 2026 (800 bought, 580 sold)
Held by Ray Dalio (Bridgewater), Cathie Wood (ARK Invest)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$309.00+0.0% that day

Company value: $48.3B; Share price times all shares
Price vs profit (P/E): 42.4x; You pay about $42 for each $1 of yearly profit
Price vs sales: 10.8x; Company value is 10.8 times a year of sales
Dividend yield: 0.2%; Yearly dividend as a share of today's price
Cash vs value: 1%; Cash as a share of company value

From TER's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$1.3B+104% vs a year earlier

Oct '23Tap a barJun '26

Last 12 months: $4.5B, up 58% from the 12 months before. Over 5 years, sales grew about 0.4% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of TER. Starting points are the company's recent numbers.

Sales growth+30% a yearRecently: +58% a yearProfit margin26%Last 12 months: 25.8%P/E at the end40xToday: 42.4x. Many steady companies trade at 12x to 25xShare count change-2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$16.6B

Profit in 5 years$4.3B

Price these guesses point to$1,219.76+295% vs $309.00 todayAbout +32% a year, before dividends

What today's price needs: with a 26% margin and a 40x P/E, sales could shrink about 1.2% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

6/7Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.19.7%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.4%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$450.4M
PassShare count not growingNot diluting owners. Falling means buybacks.-5.9% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.58.2%

Revenue: $3.2B; +13.1% vs prior year
5-year growth: +0.4%/yr; revenue, per year
Total debt: None; 0.00x equity
Current ratio: 1.75x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 28, 2026

Reported Jul 29

Revenue: $1.3B; +103.9% YoY
EPS: $2.38; vs $0.49
Op. margin: 32.9%; +19.0 pts
Gross margin: 59.8%; +2.6 pts
Free cash flow: $378.4M
Share count: -1.5%; vs a year ago

Insider rating

Last 90 days

44Mixed

Pre-planned sales of $1.8M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

48/ 100

This week: 2
Normal week: 2.2
vs normal: 0.9x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+5.2%

Institutions added 5.2% to their holdings. 800 bought, 580 sold.

Shares held by institutions152.1M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+0.5%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

No debt reported

Shares outstandingLatest reported

156M

Earnings reports

Last 12

Next reportIn 1 days (est.)Estimated from the same quarter last year

Results filedJul 29
Results filedApr 29
Results filedFeb 3
Results filedOct 29, 2025
Results filedJul 30, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Jul 30 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$1.8M3 insiders, 4 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Marilyn MatzDirector	Sell	400	$350.00	$140K	13K	Oct 21Filing ↗
-3.1% of their holdings Pre-planned sale (10b5-1) Filed 1 day after
Gregory Stephen SmithPresident and CEO	Sell	4K	$341.28	$1.4M	104K	Oct 15Filing ↗
-3.7% of their holdings Pre-planned sale (10b5-1) Also Director Filed 4 days after
Marilyn MatzDirector	Sell	800	$341.28	$273K	13K	Oct 15Filing ↗
-5.8% of their holdings Pre-planned sale (10b5-1) Filed 4 days after
Mercedes JohnsonDirector	Sell	167	$402.90	$67K	6K	Oct 1Filing ↗
-2.6% of their holdings Pre-planned sale (10b5-1) Filed 1 day after