Teradyne, Inc. (TER)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am wary when a good business wears a demanding price. Teradyne makes automated test systems and robotics for the semiconductor industry. In fiscal Q2 2026, the quarter ended 2026-06-28, it reported revenue of $1.3 billion, net income of $374.5 million, and diluted EPS of $2.38. That compares with fiscal Q2 2025, the quarter ended 2025-06-29, when revenue was $651.8 million, net income was $78.4 million, and diluted EPS was $0.49. For fiscal year 2025, the period ended 2025-12-31, filed results show revenue of $3.2 billion, net income of $554.0 million, and diluted EPS of $3.47. The recent trend is powerful, but the Lynch category is CYCLICAL—semiconductor equipment earnings follow the economic cycle—so I cannot treat these profits as a stable annuity.

In plain English: Teradyne makes automated test systems and robotics products used in semiconductor manufacturing. The business looks very profitable and has grown quickly in recent quarters, but it is tied to the semiconductor cycle, so results can swing. At the 2026-10-13 close of $380.29, the price looks expensive compared with the company's profits, accounting value, and cash generation.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-28) · fiscal Q1 2026 10-Q (period ended 2026-03-29) · fiscal Q3 2025 10-Q (period ended 2025-09-28) · fiscal Q2 2025 10-Q (period ended 2025-06-29) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer