TER TERADYNE, INC
Price Chart
Executive Summary
Goldman Sachs initiated a double-upgrade on TER, moving to Buy from Sell with a $230 price target, implying 55% upside from the prior $148 target. The stock currently trades at $361.50, 57% above Goldman's new target, marking a rare contrarian call from a firm with below-average accuracy (38% on 8 calls). Consensus among 17 analysts shows a mean target of $315.76, with 65% Buy ratings. No EPS revisions in the last 7 days; 30-day momentum shows flat analyst activity. Institutional flows are split: Renaissance Technologies nearly exited, while Two Sigma doubled and Norges Bank initiated a major position. Insider selling totals $647K in the past month. Goldman’s call diverges sharply from price action and consensus, increasing contrarian signal weight.
Impact Score
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-04-09 | Susquehanna | maintain | Positive | — |
| 2026-04-09 | Cantor Fitzgerald | maintain | Overweight | — |
| 2026-03-30 | Baird | maintain | Outperform | — |
| 2026-02-04 | Goldman Sachs | maintain | Buy | $300.00 |
| 2026-02-04 | Citigroup | maintain | Buy | $325.00 |
| 2026-02-04 | Cantor Fitzgerald | maintain | Overweight | $330.00 |
| 2026-02-04 | Evercore ISI Group | maintain | Outperform | $320.00 |
| 2026-02-04 | Stifel | maintain | Buy | $325.00 |
| 2026-02-03 | Evercore ISI Group | maintain | Outperform | $280.00 |
| 2026-02-02 | Cantor Fitzgerald | maintain | Overweight | $270.00 |
Over the past 30 days, there have been 0 upgrades and 0 downgrades on TER. EPS estimates show minimal movement: for current-year EPS, 1 revision up and 1 down in the last 30 days, with a net decline of 0.12%. Next earnings date is not scheduled, removing near-term catalyst risk. Analyst sentiment is stagnant despite price appreciation, indicating decoupling between fundamentals and market action.
Firm Track Record — Goldman Sachs
Goldman Sachs accuracy: 54% on 2921 calls | avg return: 5.6%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 13 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| Craig-Hallum | 100% | 2/2 | 2.4% | top tier |
| Evercore ISI Group | 100% | 3/3 | 55.2% | top tier |
| Stifel | 71% | 5/7 | 39% | top tier |
| Morgan Stanley | 60% | 3/5 | 43.9% | above average |
| UBS | 57% | 4/7 | 23.6% | above average |
| Baird | 50% | 2/4 | 3.4% | below average |
| Susquehanna | 50% | 3/6 | 7.1% | below average |
| Northland Capital Markets | 40% | 2/5 | -19.6% | below average |
| Goldman Sachs | 38% | 3/8 | 21.1% | below average |
| JP Morgan | 38% | 3/8 | 8.7% | below average |
Goldman Sachs has a 38% accuracy rate (3 correct out of 8 rated calls) on TER, below average compared to other firms. Its average return on rated stocks is 21.1%, below top-tier performers like Evercore ISI (100% accuracy, 55.2% return) and Stifel (71%, 39%). Among 13 firms, Goldman ranks 9th in accuracy, making this upgrade a low-conviction signal despite the double-step upgrade.
Earnings Estimates
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0y | $6.26 | $5.51 — $7.29 | $4.2B | ↑0 ↓0 |
| 0q | $2.11 | $2.05 — $2.28 | $1.2B | ↑0 ↓0 |
| +1y | $8.26 | $6.75 — $9.90 | $5.0B | ↑1 ↓0 |
| +1q | $1.94 | $1.61 — $2.38 | $1.2B | ↑0 ↓0 |
Cross-Platform Signals
Institutional activity is sharply divided: Norges Bank initiated a $399M position and Two Sigma increased holdings by 1743.5%, while Renaissance Technologies reduced its stake by 99.4% and FMR LLC trimmed by 63.7%. Insiders have sold $647K in the past month. One congressional buy (Michael McCaul, $15K) adds minor bullish signal. Short interest is elevated at 64.6% short ratio, with high off-exchange volume, suggesting structural bearish positioning. Goldman’s upgrade diverges from insider and quantitative signals but aligns with select smart-money inflows.
Actionable Insight
Goldman’s upgrade is a contrarian signal from a low-accuracy firm, issued at a price 57% above its target — treat as a valuation warning, not a catalyst. Monitor for reversal in institutional outflows, particularly if Renaissance or FMR continue exiting.
Documents Analyzed
Report based on filing metadata.
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 30, 2026
13d ago
|
ANALYST-UPGRADE
| $345.29 $359.63 | ▲ +4.15% | ▲ +1.81% | $403.20 (+16.77%) |
|
May 26, 2026
17d ago
|
Insider Cluster
| $375.83 $392.62 | ▲ +4.47% | ▲ +3.26% | $403.20 (+7.28%) |
|
May 26, 2026
17d ago
|
Insider Cluster
| $375.83 $392.62 | ▲ +4.47% | ▲ +3.26% | $403.20 (+7.28%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $321.40 $372.75 | ▲ +15.98% | ▲ +13.73% | $403.20 (+25.45%) |
|
May 16, 2026
27d ago
|
ANALYST-UPGRADE
| $192.14 $198.34 | ▲ +3.23% | ▲ +1.89% | $403.20 (+109.85%) |
|
Apr 30, 2026
6w ago
|
ANALYST-UPGRADE
| $345.42 $354.11 | ▲ +2.52% | ▲ +0.17% | $403.20 (+16.73%) |
|
Apr 16, 2026
8w ago
|
ANALYST-UPGRADE
| $365.92 $400.99 | ▲ +9.58% | ▲ +8.60% | $403.20 (+10.19%) |
|
Apr 2, 2026
10w ago
|
Insider Cluster
| $309.61 $367.99 | ▲ +18.86% | ▲ +15.24% | $403.20 (+30.23%) |
|
Mar 27, 2026
11w ago
|
DEFA14A
| $295.61 $315.43 | ▲ +6.70% | ▲ +2.84% | $403.20 (+36.40%) |
|
Feb 28, 2026
15w ago
|
Institutional Cluster
| $325.83 $296.44 | ▼ −9.02% | ▼ −7.81% | $403.20 (+23.75%) |
US Market Status
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