Teradyne stock jumps after hours on AI outlook; TER traders turn to Tuesday call
Teradyne shares jumped over 20% after hours Monday as the company forecast Q1 revenue of $1.15–$1.25 billion and adjusted earnings of $1.89–$2.25 per share, both above analyst estimates. Fourth-quarter revenue rose 44% to $1.08 billion, beating expectations. Trading volume more than doubled its 50-day average. Cantor Fitzgerald raised its price target to $270.