Teradyne Shares Soar 24% After Q4 Net Income Jumps 76%
Shares of Teradyne climbed 24.5% week-on-week to an intraday peak of $301.38 after Q4 net income surged 76% year-on-year to $257 million on revenues up 44% to $1.08 billion. Eleven analysts raised price targets, led by Susquehanna lifting its target to $335, and Q1 revenue is guided to $1.15–1.25 billion.
1. Q4 Financial Results
Teradyne reported Q4 net income of $257 million, up 76% from $146 million a year earlier, while net revenues grew 44% to $1.08 billion. Strength in semiconductor test and robotics segments, particularly AI-related demand in compute, networking and memory testing, underpinned the results.
2. Stock Reaction and Analyst Upgrades
Shares jumped 24.5% week-on-week, reaching an intraday high of $301.38 before closing with a 10.7% gain. A total of 11 analysts raised price targets, with Susquehanna boosting its target from $275 to $335, reflecting renewed investor confidence.
3. Q1 Guidance and AI-Driven Demand
Management projects Q1 revenues between $1.15 billion and $1.25 billion, driven by sustained AI investment across all business units. The company anticipates year-over-year growth throughout 2026, led by its semiconductor test and automation offerings.