New York, February 10, 2026, 13:07 EST — Regular session
- Teradyne gave up around 1% on Tuesday, slipping from its 52-week high finish set just the day before.
- President Capital downgraded the chip-test equipment maker to neutral, moving it down from buy, while bumping its price target up to $308.
- This week’s U.S. jobs and inflation data hang over tech stocks—especially the rate-sensitive names—leaving traders on alert for sharp moves.
Teradyne (TER.O) slipped 0.9% to $307.26 early Tuesday afternoon, paring some of Monday’s gains. During the session, the stock moved within a range of $299.50 to $313.32.
The stock finished Monday at $310.01, notching a fresh 52-week high and putting up a third consecutive day of gains, per MarketWatch data. It left Keysight Technologies, Fortive, and Cohu behind during the session. Trading volume spiked to 5.3 million shares, blasting past the 50-day average of 3.2 million.
Shares dipped, despite gains in the wider market and solid footing in chip names—a sign some traders may be locking in profits after a sharp run-up. The SPDR S&P 500 ETF ticked up roughly 0.2%. The iShares Semiconductor ETF added around 0.6%.
President Capital moved Teradyne down to neutral from buy, bumping its price target up to $308 from $209, according to a note picked up by MT Newswires. Shares were trading near $310 after Monday’s rally when the downgrade came through.
Teradyne makes automated test gear for semiconductors—crucial before chips leave the factory. There’s also a robotics arm, geared toward factories and warehouses. Chipmakers’ spending cycles drive demand, so investors are quick to zero in on order momentum and whatever management is predicting next.
Earlier this month, the company projected first-quarter revenue topping Wall Street’s expectations, crediting the boost to accelerating AI development inside data centers. CEO Greg Smith pointed to “strong momentum in compute driven by AI.” Reuters
Guidance here—the outlook management offers for the next few quarters—carries weight, since it signals how fast test demand is shifting as new chips hit the market. Sometimes, that forecast eclipses the latest earnings, particularly if shares have already jumped or tanked.
Teradyne announced in late January a quarterly cash dividend of $0.13 per share, set for payout on March 13. Shareholders on record as of Feb. 13 will be eligible. The record date determines who gets the dividend.
The risk swings both directions. Should fresh data or industry talk point to a slowdown in AI chip spending, test equipment suppliers often face delayed orders—those high-multiple names usually take the first hit.
The next big trigger for markets lands this week. Wednesday brings January’s U.S. payrolls report, then Friday, watch for the January CPI—both coming out at 8:30 a.m. ET. Bond yields could jump on either data point, knocking valuations around for tech hardware players such as Teradyne.
