$231.89 TER Teradyne NASDAQ Pre-Market 22 Jan 2026: AI demand signal
TER stock trades at $231.89 in the NASDAQ pre-market on 22 Jan 2026, up $7.91 (3.53%) on higher volume. The move tracks sustained AI infrastructure demand for test systems that validate accelerators, memory and networking chips. Teradyne, Inc. (TER) combines semiconductor test, wireless test, system test and robotics, giving it direct exposure to AI build-out and factory automation. We cover the drivers, valuation, technical setup and a model-driven forecast to help place the current price in the context of sector flows and analyst signals
TER stock pre-market movers and key data
Teradyne, Inc. (TER) is trading on NASDAQ in the United States at $231.89 pre-market on 22 Jan 2026. Today’s range is $225.71–$234.84 with volume 2,874,915 versus average volume 3,317,857. Market capitalization stands near $36.89B and shares outstanding are 159,073,544.
Earnings and valuation pointers: trailing EPS is 2.76, and the trailing PE is 84.02. The stock’s 50-day average is $194.78 and the 200-day average is $127.18, showing strong medium-term momentum.
TER stock fundamentals and valuation
Teradyne reports healthy margins and free cash flow but carries a premium multiple. Key ratios: gross margin 58.92%, operating margin 17.85%, net margin 15.49%, price-to-sales 12.94, price-to-book 13.58, and price-to-free-cash-flow 81.03. Current ratio is 1.76 and debt is minimal with debt/equity 0.03.
The combination of solid cash generation and high multiples implies investors price strong growth. Analysts show mostly Buy interest: 16 Buy, 1 Hold, 2 Sell (consensus 3.00). These fundamentals frame near-term expectations ahead of February earnings.
TER stock technicals and trading setup
Technical indicators show an upward trend with momentum and room to run. RSI is 63.41, MACD histogram is 1.37, and ADX is 22.46, which signals a trending market but not an extreme. Price sits above the 50-day average $194.78 and above the 200-day average $127.18, confirming medium- and long-term bullish bias.
Volatility measures: ATR is 7.68 and Bollinger middle band is $202.41, indicating recent volatility expansion. Traders should watch $225.71 support and $238.92 year-high resistance for a pre-market follow-through.
TER stock AI demand and growth drivers
Teradyne benefits from AI infrastructure spending that lifts demand for test systems used in accelerators, memory and networking chips. Products such as the UltraFLEXplus target high-performance processors and networking devices critical to AI compute stacks. Teradyne’s robotics segment is integrating AI features into cobots and AMRs, expanding addressable markets in factory automation.
Industry context: AI infrastructure forecasts from market research show continued capex by hyperscalers and chipmakers, which supports Teradyne’s Semiconductor Test growth. See broader market coverage and headlines on Teradyne from MarketWatch and recent sector comparisons on Nasdaq.
TER stock risks, Meyka grade and price forecast
Main risks include concentrated cyclicality in semiconductor demand, pressure from areas like mobile and automotive, and the stretched valuation (PE 84.02). Inventory and receivables cycles remain elongated with days inventory 113.96 and DSO 75.79.
Meyka AI rates TER with a score out of 100. Meyka AI rates TER with a score of 76.45 out of 100 (B+, BUY). This grade factors in S&P 500 comparison, sector and industry performance, financial growth, key metrics, and analyst consensus. These grades are informational and not financial advice.
Meyka AI’s forecast model projects a monthly target of $203.29 and a 12-month model value of $143.17. Compared with the current price $231.89, the model implies near-term downside to the 12-month projection of -38.26% and a monthly adjustment of -12.33%. Forecasts are model-based projections and are not guarantees. Suggested scenario price targets: near-term $210.00, base 12-month $143.17, and bull $260.00.
Final Thoughts
TER stock trades at $231.89 pre-market on NASDAQ as AI-related test demand supports order momentum. Fundamentals show healthy margins, strong cash flow per share $2.88, and near-zero net debt, but valuation is elevated with a trailing PE of 84.02. Technicals show strength above the 50-day and 200-day averages. Meyka AI’s forecast model projects a 12-month value of $143.17, implying an estimated downside of -38.26% from the current price. For risk-aware investors, that model value suggests using staged entries or hedged exposure if you seek AI infrastructure exposure. Our view: watch February earnings and order commentary closely. Meyka AI, an AI-powered market analysis platform, flags AI demand as the primary growth driver but cautions on valuation and cyclical risk. Forecasts are model-based projections and not guarantees.
FAQs
What is driving the recent move in TER stock?
TER stock rose on stronger AI-related orders for semiconductor test systems and robotics demand. Market participants are reacting to solid momentum in UltraFLEXplus orders and continued capex from cloud and hyperscaler customers in the AI supply chain.
How expensive is TER stock versus fundamentals?
TER stock trades at a trailing PE of 84.02 with price-to-sales about 12.94. Cash flow and margins are strong, but multiples price high growth expectations relative to current earnings.
What price targets does Meyka AI suggest for TER stock?
Meyka AI’s model lists a monthly target $203.29 and a 12-month projection $143.17. Scenario targets: near-term $210.00, base $143.17, and bull $260.00. Models are projections and not guarantees.
Should TER stock be part of an AI infrastructure strategy?
TER stock fits an AI infrastructure sleeve because Teradyne supplies test equipment for accelerators and memory. Include it with diversification and risk controls given high valuation and semiconductor cyclicality.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.