Teradyne (TEY) Price Target Surges 13.90% to $207.33—Analysts Turn Increasingly Optimistic

Teradyne is receiving fresh bullish momentum from the analyst community. The consensus one-year price target for TEY shares has been upgraded to $207.33, marking a substantial 13.90% increase from the previous estimate of $182.02 issued in mid-January. This revision signals growing confidence in the semiconductor testing equipment leader’s prospects going forward.

Analyst Views Diverge, But Overall Tone Turns Positive on TEY

The updated $207.33 price target represents an average across multiple analyst projections, which currently range from a conservative low of $125.25 to an ambitious high of $359.69 per share. This wide dispersion reflects differing views on TEY’s future, though the upward revision of the consensus clearly points to net positive sentiment. At the latest reported closing price of $213.65, the average target sits slightly below current levels—just 2.96% lower—suggesting the market may be running ahead of analyst expectations or that fresh upgrades could be coming.

Institutional Ownership Remains Robust Despite Recent Pullback

From a fund sentiment perspective, Teradyne continues to attract significant institutional interest. Currently, 1,461 funds and institutions maintain positions in TEY, though this represents a modest decline of 45 stakeholders (2.99%) during the past quarter. The average portfolio weight across all funds dedicated to TEY stands at 0.23%, which actually increased 15.63%—indicating that while fewer institutions hold the stock, those remaining have deepened their commitment.

However, total institutional share count tells a slightly different story. Holdings by funds declined 3.35% over the three-month period to 192.294 million shares, suggesting selective profit-taking or rebalancing among some of the larger holders.

Major Players Reveal Mixed Signals on TEY Holdings

The shareholder activity paints a nuanced picture of where major money is headed:

Ameriprise Financial controls 5.257 million shares (3.36% ownership), up from 4.920 million previously—a 6.41% increase. Yet paradoxically, the firm trimmed its overall portfolio weighting in TEY by 72.02% last quarter, suggesting other holdings grew faster.

Vanguard’s Total Stock Market Index Fund (VTSMX) holds 5.160 million shares representing 3.29% of the company. Its stake rose a modest 1.00% from 5.108 million shares, while reducing its portfolio allocation to TEY by 1.89%.

JPMorgan Chase stands out as a true bull, now holding 4.654 million shares (2.97% ownership), up 11.69% from 4.109 million shares. The firm meaningfully increased its allocation to TEY by 58.82%—a bullish signal amid broader sector uncertainty.

Vanguard’s 500 Index Fund (VFINX) holds 4.553 million shares (2.91% ownership), essentially flat versus prior quarter at 4.526 million shares, though it reduced TEY’s weight by 2.72%.

Geode Capital Management rounds out the top holders with 4.209 million shares (2.69% ownership), marginally up 0.56% from 4.185 million, yet also trimming allocation by 25.58%.

The headline story: while most institutions are cautiously reducing their relative bets on TEY, JPMorgan’s aggressive 58.82% allocation increase suggests selective conviction remains among sophisticated investors. The analyst community’s 13.90% price target lift may indicate these big players see something the broader market has yet to fully price in.