On July 14, Teradyne rose 3.19% in pre-market trading, trading at $352.0/share, with turnover of $678,000. The semiconductor equipment sector staged a collective rebound after consecutive sessions of pullback, with Applied Materials up 3.42%, KLA-Tencor up 3.04%, Lam Research up 2.75%, AXT Inc up 3.73%, and ASML up 1.56%.
Teradyne had experienced intense volatility following a 9.59% plunge on July 8 amid a broad chip stock selloff. The stock surged 7.87% on July 9 in an oversold recovery, but subsequently gave back gains on July 10 and July 13 as profit-taking pressure persisted and market divergence over AI computing demand outlook remained unresolved. On the institutional front, Goldman Sachs, Susquehanna, and Baird have recently raised their price targets on Teradyne to a range of $446 to $550, all maintaining positive ratings, implying significant upside from current levels.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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