Susquehanna Lowers Teradyne, Inc. (TER) Price Target to $133 Despite Q1 Beat, Maintains Positive Rating

Susquehanna analyst Mehdi Hosseini recently lowered the price target on Teradyne, Inc. (NASDAQ:TER) to $133 from $155 and kept a Positive rating on the shares. Teradyne designs, develops, manufactures, and sells automated test systems and robotics products globally.

The advisory updated estimates following its 1Q25 beat and 2Q25 raise, though expectations already had been reduced into the report.

Susquehanna's long-term thesis and rating remain unchanged despite near-term setbacks and disappointment, and once again reduced estimates across the board and hope this cut will be the last one.

In earnings for the first fiscal quarter, Teradyne, Inc. (NASDAQ:TER) reported earnings per share of $0.75, beating market estimates by $0.13. The revenue over the period was $686 million, up more than 14 compared to the revenue over the same period last year and beating estimates by $7.96 million. Analysts expect Q2 revenue for the firm to be around $644 million. The Q2 EPS consensus is $0.53.

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