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Teradyne stock popped on Tuesday after the company beat fourth-quarter estimates thanks to strong artificial intelligence demand.
The robotics company reported adjusted earnings of $1.80 per share, exceeding the $1.37 per share expected by analysts surveyed by LSEG. Revenue totaled $1.08 billion, topping a forecast of $973 million.
Teradyne’s fourth-quarter revenue was up 44% compared to a year ago.
The company attributed its Q4 growth to “strong AI-related demand in compute and memory” and issued strong guidance.
“In 2026, we expect year-over-year growth across all of our businesses, with strong momentum in compute driven by AI,” the company said in a press release on Monday.
Teradyne said it anticipates first-quarter adjusted earnings per share to be between $1.89 and $2.26, far above LSEG estimates of $1.26.
First-quarter revenue is expected to fall between $1.15 billion and $1.25 billion, again exceeding LSEG expectations of $935 million.
Net income for the fourth-quarter was $257.2 million, or $1.63 per diluted share. Net income a year ago was $146.3 million, or 90 cents per share.
Teradyne one-day stock chart
