Movement Alert|Teradyne Rises 3.14% in After-Hours Trading, Q2 Earnings Significantly Beat Expectations as Multiple Banks Raise Price Targets

Market Focus07-31 07:57

On July 31, Teradyne rose 3.14% in after-hours trading, trading at $376.97/share, with turnover of $142 million, extending post-earnings momentum.

The company reported Q2 adjusted EPS of $2.47, far exceeding the consensus estimate of $2.09, representing a 333% year-over-year increase. Revenue reached $1.33 billion, up 104% year-over-year and above the expected $1.22 billion. The semiconductor test segment contributed $1.122 billion, driven by surging AI chip testing demand. Net income surged to $374.5 million from $78.4 million a year earlier.

Q3 guidance was equally robust, with revenue projected at $1.2-1.3 billion versus the Street estimate of $1.06 billion, and adjusted EPS midpoint of $2.00, well above the analyst consensus of $1.44. Multiple investment banks raised their targets: JPMorgan to $465, Cantor Fitzgerald to $550, and UBS to $500, reflecting broad institutional confidence in AI-driven growth sustainability.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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