Teradyne Inc. (NASDAQ:TER) records mixed financial reviews amid a tumultuous market with its stock experiencing an 11% decline year-to-date. Various investment entities like Empowered Funds LLC, Van ECK Associates Corp, and Allspring Global Investments Holdings LLC have increased their shareholdings. However, State of Alaska Department of Revenue, Global X Japan Co. Ltd, and Richard John Burns downsized their positions. Q4 2024 earnings showcased strong revenue growth, outdoing predictions, despite more lackluster forecasts previously given. Teradyne ventured into a strategic partnership with Infineon to boost power testing, and another partnership with Analog Devices, leveraging AI and robotics. Yet, growth challenges persist alongside declarations of 'Sell' ratings from BofA and price target reductions from KeyCorp and JPMorgan Chase & Co. Despite market challenges, the firm is centering on AI System on Chips (SoCs) for growth, improved by a thrust in semiconductor testing demand. Its robotics innovations present promising opportunities while earnings frequently beat estimates. Teradyne also issued Q1 2025 Earnings Guidance while increasing share repurchase plan for 2024.
Teradyne TER News Analytics from Tue, 17 Sep 2024 07:00:00 GMT to Sat, 15 Feb 2025 06:48:59 GMT -
Rating 0
- Innovation 4
- Information 6
- Rumor -2
