US · TER
Teradyne, Inc.
- Sector
- Technology · Semiconductors
- Headquarters
- North Reading, MA 01864
- Website
- teradyne.com
Price · as of 2025-12-31
$345.42
Market cap 50.1B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $167.33 | -51.56% |
| Intrinsic Value(DCF) | $219.68 | -36.4% |
| Graham-Dodd Method(GD) | $24.94 | -92.78% |
| Graham Formula(GF) | $73.52 | -78.71% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $14.91 | $76.44 | $78.91 | $15.70 | $0.00 |
| 2012 | $15.70 | $82.76 | $152.84 | $13.45 | $27.22 |
| 2013 | $18.61 | $70.68 | $4.68 | $12.83 | $0.00 |
| 2014 | $18.13 | $63.46 | $3.64 | $8.13 | $9.16 |
| 2015 | $19.01 | $34.33 | $4.02 | $8.27 | $7.38 |
| 2016 | $28.35 | $34.87 | $4.31 | $3.25 | $0.00 |
| 2017 | $47.45 | $59.10 | $33.07 | $10.90 | $37.71 |
| 2018 | $37.57 | $53.13 | $13.78 | $12.73 | $15.89 |
| 2019 | $57.50 | $75.18 | $25.73 | $14.56 | $46.44 |
| 2020 | $110.61 | $141.00 | $116.91 | $28.18 | $200.92 |
| 2021 | $105.11 | $147.82 | $238.89 | $37.71 | $159.43 |
| 2022 | $100.06 | $116.97 | $48.79 | $28.91 | $0.00 |
| 2023 | $105.31 | $103.85 | $5.02 | $21.62 | $0.00 |
| 2024 | $108.14 | $91.56 | $5.36 | $25.08 | $45.33 |
| 2025 | $325.83 | $167.33 | $6.65 | $24.94 | $73.52 |
AI valuation
Our deep-learning model estimates Teradyne, Inc.'s (TER) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $167.33
- Current price
- $345.42
- AI upside
- -51.56%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$219.68
-36.4% upside
Graham-Dodd
$24.94
-92.78% upside
Graham Formula
$73.52
-78.71% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| TER | Teradyne, Inc. | $345.42 | 50.1B | -52% | -36% | -93% | -79% | 91.98 | 18.23 | 15.98 | 66.38 | 1908.68 | 22.92 | 58.55% | 21.74% | 17.37% | 19.73% | 23.44% | 14.06% | 0.12 | 86.44 | 1.76 | 0.99 | 0.07 | 482.00% | 1313.00% | -499.00% | 0.88% | 0.61 | 17.41% | 0.15% | 13.80% | 1.53% | 73.53 | 113.21 | 15.98 | 23.80 |
| ALAB | Astera Labs, Inc. Common … | $118.83 | 20.23B | +3% | +43,816% | -88% | +31% | 91.54 | 14.71 | 23.53 | 84.04 | — | 14.71 | 75.69% | 20.34% | 25.70% | 18.82% | 132.51% | 16.95% | 0.03 | — | 10.24 | 9.56 | -0.59 | -29062.00% | 11513.00% | 17507.00% | 1.40% | 2.40 | 215.29% | 0.00% | 0.00% | 0.27% | 109.02 | 67.10 | 22.18 | 73.47 |
| ASX | ASE Technology Holding Co… | $24.29 | 52.96B | -29% | -55% | -87% | -63% | 39.33 | 4.61 | 2.46 | 14.82 | 142.17 | 5.67 | 17.69% | 7.86% | 6.30% | 12.19% | 8.81% | 4.99% | 0.76 | 9.07 | 1.28 | 0.93 | 1.44 | 2766.00% | 678.00% | -77483.00% | -1.25% | 0.59 | -4.24% | 1.45% | 57.00% | 1.45% | 34.51 | -88.03 | 2.71 | 2.87 |
| KEYS | Keysight Technologies, In… | $307.33 | 52.8B | -44% | -72% | -87% | -75% | 42.39 | 6.10 | 6.67 | 25.94 | 108.61 | 31.00 | 62.08% | 17.64% | 15.74% | 15.41% | 12.37% | 8.23% | 0.51 | 9.88 | 2.35 | 1.52 | 0.77 | 3903.00% | 795.00% | 4265.00% | 3.57% | 0.76 | 20.81% | 0.00% | 0.00% | 1.05% | 38.99 | 28.85 | 6.88 | 5.87 |
| MCHP | Microchip Technology Inco… | $74.64 | 40.39B | -42% | -66% | — | -100% | -68608.55 | 4.85 | 7.79 | 37.68 | — | -17.19 | 56.07% | 6.73% | -0.01% | -0.01% | 0.97% | 0.00% | 0.80 | 1.18 | 2.59 | 1.27 | 4.70 | -10014.00% | -4235.00% | -7039.00% | 2.25% | 0.78 | 6.34% | 2.84% | -195140.00% | 5.51% | 132.29 | 50.77 | 8.91 | 3.50 |
| ON | ON Semiconductor Corporat… | $66.48 | 26.75B | -13% | -58% | -76% | — | 225.81 | 3.56 | 4.56 | 31.80 | — | 4.84 | 32.29% | 12.47% | 2.02% | 1.47% | 7.92% | 0.91% | 0.45 | 10.54 | 4.52 | 2.72 | 1.49 | -9201.00% | -1535.00% | 1701.00% | 5.19% | 1.37 | 15.97% | 0.00% | 0.00% | 5.04% | 37.78 | 19.91 | 4.71 | 5.42 |
| SMCI | Super Micro Computer, Inc… | $32.39 | 19.4B | +130% | +817,440% | -40% | +187% | 22.87 | 3.81 | 1.09 | 17.75 | — | 3.81 | 11.06% | 5.70% | 4.77% | 17.90% | 18.41% | 8.80% | 0.76 | 21.03 | 5.25 | 3.15 | -0.29 | 0.00% | 4659.00% | -15870.00% | 6.39% | 0.71 | 25.88% | 0.00% | 0.00% | 4.60% | 18.83 | 15.40 | 1.07 | 4.92 |
| SNDK | Sandisk Corporation | $635.36 | 93.76B | — | — | -99% | — | — | — | — | — | — | — | 16.09% | -7.02% | -10.09% | -5.97% | -3.92% | -4.92% | 0.09 | -11.70 | 1.67 | 0.59 | -2.75 | -6862.00% | 948.00% | -4903.00% | — | -0.15 | -3.97% | — | 0.00% | — | — | — | — | — |
| STM | STMicroelectronics N.V. | $33.61 | 29.87B | +52% | -58% | -32% | — | 15.12 | 1.35 | 1.77 | 5.51 | — | 1.40 | 39.34% | 12.63% | 11.73% | 9.11% | 9.89% | 6.33% | 0.18 | 19.72 | 3.11 | 2.28 | 0.24 | -6278.00% | -2324.00% | -11484.00% | -0.92% | 0.79 | -1.53% | 1.22% | 18.50% | 2.75% | 12.25 | -95.02 | 1.55 | 3.91 |
| UMC | United Microelectronics C… | $10.44 | 26.04B | +18% | -49% | -94% | -46% | 19.05 | 2.10 | 3.36 | 7.00 | — | 2.10 | 29.01% | 18.50% | 17.56% | 11.26% | 11.01% | 7.36% | 0.21 | — | 2.30 | 1.60 | -0.30 | -1070.00% | 226.00% | 88348.00% | 6.56% | 1.13 | 15.69% | 4.50% | 85.80% | 4.50% | 17.44 | 14.63 | 3.23 | 3.88 |
| WIT | Wipro Limited | $2.22 | 23.26B | +11% | -32% | -91% | -50% | 19.86 | 3.17 | 2.91 | 10.37 | 97.54 | 5.52 | 30.65% | 17.04% | 14.74% | 16.75% | 23.38% | 10.84% | 0.23 | 10.28 | 2.72 | 2.62 | 0.32 | 2037.00% | -24.00% | -683.00% | 5.88% | 0.59 | 31.11% | 2.39% | 47.50% | 2.39% | 14.88 | 14.80 | 2.54 | 5.79 |
About Teradyne, Inc.
Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
- CEO
- Gregory Stephen Smith
- Employees
- 6.5K
- Beta
- 1.82
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($219.68 ÷ $345.42) − 1 = -36.4% (DCF, example).