Following Teradyne’s strong third-quarter results, Northland Securities raised its full-year 2026 EPS estimate to $9.34 from $9.25.
Revenue rose 70% year over year to $1.31 billion. Non-GAAP EPS surged more than 150% to $2.29.
The results beat analyst expectations, driven primarily by strong AI-related demand across Teradyne’s business segments. The company also issued upbeat fourth-quarter guidance.