Teradyne, Inc. (TER) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 31 analysts19.8% Above Target
TER trades 19.8% above Wall Street's consensus target of $351.09.
Current Price$437.92
Average Target$351.09
Target
Current
Low$220.00
Median$370.00
High$440.00
Analyst Target Range
Forward P/E59.4x
(High Premium)
PEG Ratio—
Implied Growth+36.0%
(High Growth)
Analyst Spread62.7%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes TER achieves its forward estimates and maintains a stable P/E multiple of 59.4x. This scenario reflects the blended consensus of 31 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
TER Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Teradyne, Inc. (TER) has a Wall Street consensus price target of $351.09, based on estimates from 31 covering analysts. With the stock currently trading at $437.92, this represents a potential downside of -19.8%. The company has a market capitalization of $68.56B.
Analyst price targets range from a low of $220.00 to a high of $440.00, representing a 63% spread in expectations. The median target of $370.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 20 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, TER trades at a trailing P/E of 125.8x and forward P/E of 59.4x. Analysts expect EPS to grow +36.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $346.01, with bear and bull scenarios of $217.99 and $455.90 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+50.0%
Industry Consensus
Avg Forward P/E
60.1x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 AMATApplied Materials, Inc. | $490.0B | $617.11 | $533.65 | -13.5% | Buy | 50.5x | 53 |
 KLACKLA Corporation | $34.2B | $259.56 | $1920.88 | +640.1% | Buy | 70.0x | 44 |
 COHUCohu, Inc. | $3.3B | $69.40 | $49.75 | -28.3% | Buy | 119.3x | 14 |
 ACLSAxcelis Technologies, Inc. | $5.8B | $187.53 | $128.00 | -31.7% | Buy | 48.9x | 12 |
 ONTOOnto Innovation Inc. | $16.6B | $333.76 | $338.88 | +1.5% | Buy | 46.5x | 11 |
 FORMFormFactor, Inc. | $11.7B | $149.55 | $134.00 | -10.4% | Buy | 61.0x | 19 |
 ICHRIchor Holdings, Ltd. | $3.4B | $98.61 | $54.60 | -44.6% | Buy | 71.5x | 14 |
 MKSIMKS Inc. | $27.4B | $406.37 | $322.00 | -20.8% | Buy | 34.7x | 29 |
 NOVTNovanta Inc. | $5.5B | $155.30 | $180.00 | +15.9% | Buy | 43.3x | 3 |
 CAMTCamtek Ltd. | $8.9B | $195.16 | $178.56 | -8.5% | Buy | 55.7x | 13 |
TER — Frequently Asked Questions
Quick answers to the most common questions about buying TER stock.
What is the TER stock price target for 2026?
TER's consensus price target is $351.09, -19.8% below the current price of $437.92. The 31 analysts tracking TER see downside risk at present valuations.
Is TER a buy, sell, or hold?
TER has a consensus rating of "Buy" based on 31 Wall Street analysts. The rating breakdown is predominantly bullish, with 20 Buy/Strong Buy ratings. The consensus 12-month price target of $351.09 implies -19.8% downside from current levels.
Is TER stock overvalued or undervalued?
At a forward P/E of 59.4257x, TER trades at a premium valuation. The consensus price target of $351.09 (-19.8% downside) suggests analysts may view current valuations as stretched.
How high can TER stock go?
The most bullish Wall Street analyst has a price target of $440 for TER, while the most conservative target is $220. The consensus of $351.09 represents the median expectation. Our quantitative valuation model projects a bull case target of $456 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover TER stock?
TER is heavily covered by Wall Street, with 31 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 20 have Buy ratings, 11 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TER stock forecast?
The 12-month TER stock forecast based on 31 Wall Street analysts shows a consensus price target of $351.09, with estimates ranging from $220 (bear case) to $440 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $346, with bear/bull scenarios of $218/$456.
What is TER's fair value based on fundamentals?
Our quantitative valuation model calculates TER's fair value at $346 (base case), with a bear case of $218 and bull case of $456. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.
What is TER's forward P/E ratio?
TER trades at a forward P/E ratio of 59.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 125.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy TER stock?
Analysts are cautious on TER, with 0 Sell ratings and a price target of $351.09 (-19.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do TER price targets vary so much?
TER analyst price targets range from $220 to $440, a 63% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $351.09 consensus represents the middle ground. Our model's $218-$456 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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