Goldman Sachs has upgraded Teradyne Inc (TER) from Sell to Buy as of December 15, 2025. This shift in rating indicates a more favorable outlook on the company's future prospects. Such decisions reflect a potential improvement in Teradyne's fundamentals or business performance, as well as increased confidence in its strategic direction.
Headquartered in North Reading, Massachusetts, Teradyne engages in the development and sale of automatic test systems. The company operates in the semiconductor sector and employs approximately 6,500 full-time employees. Its offerings span across various segments, including Semiconductor Test, Robotics, and Product Test, which encompass a range of products and services for defense/aerospace testing, circuit-board testing, and more.
As of December 16, 2025, Teradyne's market capitalization stands at $30.5 billion, with a price-to-earnings ratio of 68.82 and an earnings per share (EPS) of 2.75. The company also boasts a dividend yield of 24.7%. Upcoming earnings are anticipated on July 27, 2026, with an estimated EPS of $1.20 and revenue of $916.5 million.
Analyst ratings serve as professional opinions derived from extensive research and financial modeling. While they can provide valuable insights, these assessments are based on assumptions that may not always hold true. Investors should consider a variety of factors, including company fundamentals and industry trends, when making decisions. Analyst views should be one of many inputs in the investment process, as they can evolve with new information.
Recent analyst actions reflect a consensus leaning towards a Buy, with four Strong Buy, ten Buy, seven Hold, and one Sell rating among 22 total analysts as of December 1, 2025. The upgrade from Goldman Sachs follows a similar move by Stifel, which upgraded Teradyne from Hold to Buy earlier in December 2025.
This update provides insight into the changing perceptions of Teradyne's market position and growth potential, a narrative that investors will be keen to monitor.