Why Is Teradyne (TER) Up 13.7% Since Last Earnings Report?
Teradyne delivered strong Q2 2026 results with non-GAAP earnings of $2.47 per share (up 333.3% YoY) and revenues of $1.329 billion (up 103.9% YoY), both beating consensus estimates. The company's Semiconductor Test segment drove growth with record Memory revenues from DRAM and NAND strength. For Q3, Teradyne projects revenues of $1.20-$1.30 billion and non-GAAP EPS of $1.85-$2.15, citing robust AI-related demand. The stock has been rated Zacks Rank #1 (Strong Buy) with upward estimate revisions.
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