Teradyne Maintains Hold Rating from J.P. Morgan with $122 Price Target

J.P. Morgan maintains a Hold rating for Teradyne with a price target of $122.00. Analyst Samik Chatterjee, a 5-star analyst with a 14.2% average return and 64.44% success rate, covers the Technology sector. The company reported Q1 revenue of $1.34 billion and a net profit of $177.17 billion, compared to last year's revenue of $729.88 million and net profit of $186.27 million.

Teradyne Inc. (NASDAQ:TER) has seen its share prices soar by 18.88% on Wednesday, closing at $107.65 apiece. This surge can be attributed to a bullish outlook from investment firm Cantor Fitzgerald, which maintained an "overweight" rating with a price target of $105, marking a 15.9% upside from its $90.55 closing price on Tuesday [1].

The investment firm cited strong demand in AI-related semiconductor test markets, including compute, networking, and memory segments, as a key driver for Teradyne's potential growth. Despite reporting dismal earnings performance in the second quarter of the year, with net income diving by 58% to $78 million from $186 million in the same period last year, and net revenues declining by 10% to $651.2 million from $729.9 million, investors remain optimistic about the company's prospects [1].

Adding to the positive sentiment, Morgan Stanley recently upgraded Teradyne to an "equal weight" rating from "underweight," citing stronger-than-expected commentary on opportunities with Nvidia (NASDAQ:NVDA). Morgan Stanley raised its price target on the stock to $100 from $74, acknowledging that Teradyne's expanded opportunity in GPU testing could support the stock near term [3].

J.P. Morgan maintains a "Hold" rating for Teradyne with a price target of $122.00. Analyst Samik Chatterjee, a 5-star analyst with a 14.2% average return and 64.44% success rate, covers the Technology sector. The company reported Q1 revenue of $1.34 billion and a net profit of $177.17 billion, compared to last year's revenue of $729.88 million and net profit of $186.27 million [2].

Recent analyst forecasts and insider trading activity also suggest a positive outlook for Teradyne. For instance, Joseph Moore from Morgan Stanley set a price target of $100.0 on July 31, 2025 [2]. Additionally, insiders have traded Teradyne stock 7 times in the past 6 months, with all trades being sales, indicating a cautious stance from executives [2].

References:
[1] https://finance.yahoo.com/news/teradyne-ter-soars-18-8-102957851.html
[2] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24TER+Given+%24100.0+Price+Target
[3] https://finance.yahoo.com/news/teradyne-upgraded-morgan-stanley-nvidia-140836199.html