TER up 4.39% to $205.31 on 02 Jan 2026: AI demand supports equipment outlook
Teradyne, Inc. (TER) jumped 4.39% to $205.31 in intraday trading on 02 Jan 2026 as AI infrastructure demand pushed orders for test equipment higher. The move comes on volume of 689,475 shares vs. an average of 3,311,257, and follows recent analyst price-target upgrades that highlight AI-driven spending in semiconductors. TER stock now trades at a PE of 70.39 with EPS of $2.75, reflecting a premium vs. historical levels as investors price in multi-year AI tailwinds for test and automation products in the United States (NASDAQ, USD).
Intraday price action and market context
TER rose to an intraday high of $206.56 and closed near $205.31 on 02 Jan 2026, a gain of 4.39% from the prior close of $196.67. Volume was 689,475 shares, or 0.36 times average volume, signaling selective buying rather than a broad-volume breakout. The stock’s 50-day average is $180.11 and the 200-day average is $118.99, underscoring a strong medium- and long-term uptrend for the technology and semiconductor equipment sector.
Why AI demand matters for Teradyne
Teradyne’s test equipment and robotics divisions serve chipmakers and factory automation—areas that benefit when customers upgrade to AI-capable silicon and data-center gear. Analysts from Bank of America and Cantor Fitzgerald recently raised targets to $235.00 and $240.00 respectively, citing multi-year AI infrastructure investment. This supports the thesis that demand for wafer- and system-level test platforms should strengthen as AI model training and inference spend increases.
Valuation and key financial metrics
TER trades at a PE of 70.39 with EPS of $2.75 and market capitalization of $31,091,930,694. Price-to-sales is 10.87 and price-to-book is 11.30, indicating the stock is priced for growth. Trailing free cash flow per share is $2.88 and return on equity is 15.86%. Revenue-per-share is $18.03 and R&D-to-revenue is 17.13%, reflecting ongoing investment to keep test systems competitive.
Meyka AI grade and analyst consensus
Meyka AI rates TER with a score out of 100: Score 78.43 | Grade B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Wall Street shows a bullish tilt: 15 Buys and 2 Sells with a consensus target of $160.26 (target high $240.00, target low $81.00), giving a median near $165.00—data investors should weigh against valuation multiples and execution risk.
Technical setup and trading signals
Momentum indicators show moderate strength: RSI 57.87 and MACD histogram -0.97, while ADX 15.85 signals no strong trend yet. Bollinger Bands midline is $196.70 with upper band $206.14 and ATR $6.46, which sets a near-term volatility range. The stock’s price above both the 50-day ($180.11) and 200-day ($118.99) moving averages supports a constructive technical backdrop for trend-following traders.
Risks and near-term catalysts
Key risks include cyclical semiconductor capital spending, a high PE (70.39) that raises sensitivity to earnings misses, and potential margin pressure if component or shipping costs rise. Catalysts include the next earnings report scheduled for 28 Jan 2026, further AI infrastructure orders, and any incremental design wins in memory and compute test. Insider activity and institutional flows remain relevant: institutional ownership and recent position changes have influenced liquidity and sentiment.
Final Thoughts
Teradyne, Inc. (TER) is trading at $205.31 on NASDAQ amid renewed interest tied to AI infrastructure spending, but the valuation is rich relative to cash-flow metrics. Analyst targets range from $81.00 to $240.00 with a consensus near $160.26, implying an implied downside of about -21.96% from today’s price and a target-high upside of +16.90%. Meyka AI’s forecast model projects a yearly price of $129.42, implying -36.96% versus the current $205.31; forecasts are model-based projections and not guarantees. Investors should balance AI-driven revenue opportunities against a stretched PE of 70.39, monitor the upcoming earnings on 28 Jan 2026 in USD and factor sector momentum in semiconductors. For intraday traders, watch volume and the $206.14 upper Bollinger band; longer-term investors should track order book trends in semiconductor test and factory automation before increasing exposure. This update uses Meyka AI as an AI-powered market analysis platform and data-driven context for TER stock—conduct your own research before acting.
FAQs
TER’s 4.39% intraday gain was driven by analyst price-target upgrades and renewed demand expectations for AI-capable semiconductor test equipment, combined with above-average buying interest on NASDAQ.
Teradyne trades at a PE of 70.39, price-to-sales 10.87 and price-to-book 11.30, indicating a premium valuation driven by expected growth rather than current earnings yields.
Meyka AI rates TER B+ (score 78.43, suggestion: BUY) but its yearly forecast model projects $129.42, implying -36.96% from $205.31; forecasts are projections, not guarantees.
Teradyne’s next earnings announcement is scheduled for 28 Jan 2026; that report will be a key catalyst for short-term price movement and order-book clarity.
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.
