Cantor Fitzgerald Raises PT on Teradyne From $105 to $130, Keeps Overweight Rating on Stock

Teradyne, Inc. (NASDAQ:TER) is one of the 12 Best Semiconductor Equipment Stocks to Buy Right Now. On August 25, Cantor Fitzgerald raised the price target on Teradyne, Inc. (NASDAQ:TER) from $105 to $130, keeping its Overweight rating on the stock.

C J  Muse from Cantor Fitzgerald increased the price target following strong Q2 FY2025 earnings. Since the earnings release on July 29, TER shares have soared over 30%, outperforming the PHLX Semiconductor (SOX) index, which has plunged 1.23%, as of August 29. Muse believes there is still upside potential in the stock and describes it as a “catup-up” trade for TER.

The analyst sees Teradyne’s AI-related exposure as becoming increasingly interesting and well-positioned for growth in FY2026. The strength in semiconductor testing, especially for AI applications, positions the company well for future growth. During Q2, the semiconductor test contributed $492 million to total revenue. On August 26, Teradyne announced a quarterly cash dividend of $0.12 per share, payable on September 29, 2025.

Teradyne, Inc. (NASDAQ:TER) is a leading supplier of automated test systems and robotics products. The company operates through the Semiconductor Test and Robotics segments.

While we acknowledge the potential of TER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.