The Week

Teradyne rose 0.58% this week to close at $357.03, ahead of the S&P 500’s 0.09% gain by about 0.49 percentage points. The week was volatile, with an amplitude of 10.03%. Monday (31 Aug) opened at $357.36, rallied to $361.826, then pulled back to close at $349.83. Tuesday (1 Sep) gapped lower and fell to $328.10 before closing at $335.46. Wednesday (2 Sep) and Thursday (3 Sep) churned between $326 and $347. Friday (4 Sep) staged a sharp rebound, finishing at $357.03 and largely recovering the week’s high. Overall it was a sell-off and recovery pattern.

Key Events

The week’s story was a mix of AI product momentum and broader market turbulence. On Tuesday, pre-market reports of patent litigation and valuation concerns pushed the stock down about 3%, and a bond-yield-driven tech sell-off widened the drop to roughly 5.4% on the day. On Wednesday, Teradyne launched UltraFLEXplus instruments designed for AI and data-centre computing devices, prompting questions about its AI test moat. The company also announced it would present at the 2026 Goldman Sachs Communacopia + Technology Conference. Friday brought a 5.67% gain, recovering part of Tuesday’s decline. No material non-routine filings surfaced this week.

Analyst Ratings

Of the 19 institutions covering the stock, 11 rate it buy, 1 rate it over, 5 rate it hold, 0 rate it under, and 0 rate it sell, with 2 holding no opinion. The consensus rating is buy, with a consensus target of $446.46667, about 25.05% above the latest close of $357.03. Targets range from $350 to $550, a spread of roughly $200 that points to meaningful disagreement. Within the semiconductor materials and equipment industry, Teradyne ranks 7th out of 31 companies, better than the industry median.

The Week Ahead

Key US macro data lands next week: the NFIB small-business optimism index on Tuesday (8 Sep), plus initial jobless claims, PPI figures, existing-home sales, and a 10-year Treasury auction on Thursday (10 Sep). Bond yields remain the key swing factor after this week’s tech pullback. Teradyne’s appearance at the Goldman Sachs conference in mid-September is still ahead, with AI test demand and UltraFLEXplus follow-through as potential catalysts.

In Short

The stock closed at $357.03, with valuation elevated at about 48.5x P/E and 16.2x P/B. The consensus rating is buy and the consensus target sits above spot, but the wide target range signals real dispersion. On the latest trading day, large and medium orders leaned toward net buying while small orders were net sellers, showing mixed flows. Ratings tilt positive while valuation stays rich; the next test is whether bond yields and AI test product traction offer firmer support.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.