TER
TechnologyTeradyne, Inc. · Semiconductors · $55B
What is Teradyne, Inc.?
Teradyne is a global leader in automatic test equipment, serving semiconductor manufacturers, defense contractors, and industrial automation customers across multiple continents.
Teradyne generates revenue across four segments: Semiconductor Test, System Test, Industrial Automation, and Wireless Test. It sells hardware platforms and software to chip makers, defense agencies, and logistics operators who need reliable, high-throughput testing and automation solutions.
Founded in 1970 and headquartered in North Reading, Massachusetts, Teradyne has built decades of expertise in precision testing technology.
- Semiconductor test platforms for automotive, memory, and consumer chips
- Defense and aerospace test instrumentation
- Collaborative robotic arms and autonomous mobile robots
- Wireless device test solutions for smartphones and modules
Is TER a Good Stock to Buy?
UQS Score rates TER as Good overall.
Teradyne's strongest pillar is Risk, suggesting the business carries a relatively conservative financial profile compared to sector peers. The company's diversified segment mix — spanning semiconductors, defense, and robotics — provides some buffer against single-market downturns.
Valuation is rated Elevated, meaning the current price may already reflect much of the business's near-term potential. Quality, Moat, and Growth are each rated Neutral.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does TER pay dividends?
Yes — Teradyne, Inc. pays a dividend.
Teradyne pays a regular dividend, which is relatively uncommon among technology hardware companies. This reflects a mature cash generation profile. Income-oriented investors may find the dividend a useful complement to any capital appreciation thesis.
When does TER report earnings?
Teradyne reports earnings on a quarterly cadence, typical for US-listed equities.
Teradyne's results tend to reflect cyclical demand in the semiconductor industry, with revenue fluctuating alongside chip-industry capital spending. The Industrial Automation segment adds a layer of diversification that can partially offset semiconductor-cycle swings.
For the most recent quarter's results, see Teradyne's investor relations page at teradyne.com.
TER Price History
+175.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Teradyne, Inc.?
Based on Teradyne, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Teradyne do?
Teradyne designs and manufactures automatic test equipment used by semiconductor companies, defense agencies, and industrial manufacturers. Its products range from chip-testing platforms to collaborative robots and wireless device testers.
Does TER pay dividends?
Yes, Teradyne pays a regular dividend. This is notable for a technology hardware company and suggests the business generates consistent cash flow. Check Teradyne's investor relations page for the current dividend rate and schedule.
When does TER report earnings?
Teradyne reports on a standard quarterly schedule. Exact dates vary each cycle. Visit Teradyne's investor relations page for the most current earnings calendar.
Is TER a good stock to buy?
UQS Score rates TER as Good overall, with a Strong Risk pillar and Neutral readings across Quality, Moat, and Growth. Valuation is Elevated. Whether TER fits your portfolio depends on your own risk tolerance and investment goals.
Is TER overvalued?
The UQS Valuation pillar for TER is rated Elevated, indicating the stock may be priced above what the underlying fundamentals alone would justify relative to sector peers. Pro members can view the detailed valuation metrics behind this rating.
What is TER's market cap bracket?
Teradyne is classified as a large-cap stock, placing it among the more established and widely followed companies in the semiconductor equipment and test space.
Who founded Teradyne?
Teradyne was founded in 1960 by Alex d'Arbeloff and Nick DeWolf, though it was incorporated and began commercial operations around 1970. The company has grown from a small electronics firm into a global test-equipment leader.
Is TER a long-term quality indicator?
From a long-term quality perspective, TER's diversified segments — spanning semiconductors, defense, and robotics — provide some structural durability. The Strong Risk pillar is a positive signal, though the Elevated Valuation and Neutral Growth ratings are worth monitoring over time.
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Pro Analysis
TER — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| Jul 25, 2026 | 57.9 | 65.4 | 46.0 | 55.7 | 92.0 | 33.9 | +0.1 |
| Jul 24, 2026 | 57.8 | 65.3 | 46.0 | 55.7 | 92.0 | 33.4 | 0.0 |
| Jul 23, 2026 | 57.8 | 65.3 | 46.0 | 55.7 | 92.0 | 33.5 | +0.1 |
| Jul 22, 2026 | 57.7 | 65.3 | 46.0 | 55.7 | 92.0 | 33.2 | -0.2 |
| Jul 21, 2026 | 57.9 | 65.5 | 46.0 | 55.7 | 92.0 | 34.1 | -0.1 |
| Jul 17, 2026 | 58.0 | 65.6 | 46.0 | 55.7 | 92.0 | 34.5 | +0.1 |
| Jul 16, 2026 | 57.9 | 65.4 | 46.0 | 55.7 | 92.0 | 33.9 | +0.1 |
| Jul 15, 2026 | 57.8 | 65.4 | 46.0 | 55.7 | 92.0 | 33.6 | -0.1 |
| Jul 14, 2026 | 57.9 | 65.5 | 46.0 | 55.7 | 92.0 | 33.9 | +0.1 |
| Jul 11, 2026 | 57.8 | 65.4 | 46.0 | 55.7 | 92.0 | 33.5 | — |
TER — Pillar Breakdown
Quality
— 65.4/100 (25%)Teradyne, Inc. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 55.7/100 (20%)Teradyne, Inc. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 92.0/100 (15%)Teradyne, Inc. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 33.9/100 (15%)Teradyne, Inc. appears expensively valued relative to its fundamentals and growth prospects.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 46/100 (25%)Teradyne, Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TER.
Score Composition
Financial Data
More Stock Analysis
How is the TER UQS Score Calculated?
The UQS (Unified Quality Score) for Teradyne, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Teradyne, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Teradyne, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.