JPMorgan has adjusted its price target for Teradyne (TER, Financial), reducing it from $120 to $92, while maintaining an Overweight rating on the stock. This move comes as the firm revises its hardware and networking models to account for the extended economic uncertainty attributed to ongoing tariff impacts.
The bank's updated forecast incorporates the potential for a more widespread economic slowdown, which is expected to dampen demand across several key customer sectors. These sectors include consumer markets, enterprise clients, and the telecommunications industry. Amid these challenges, JPMorgan anticipates that both consumer and enterprise spending may decline, reflecting these broader macroeconomic pressures.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Teradyne Inc (TER, Financial) is $113.29 with a high estimate of $155.00 and a low estimate of $69.00. The average target implies an upside of 59.20% from the current price of $71.16. More detailed estimate data can be found on the Teradyne Inc (TER) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Teradyne Inc's (TER, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Teradyne Inc (TER, Financial) in one year is $115.03, suggesting a upside of 61.65% from the current price of $71.16. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Teradyne Inc (TER) Summary page.
