Ter stock price with the TER stock price hovering

With the TER stock price hovering around $115.93, traders are eyeing the 200-day moving average as critical support. Breaching above the $118 level could invite momentum funds to increase positions, potentially accelerating the rally. Teradyne's business model is both simple and complex at the same time. Investors can easily understand the soaring demand for chips, making the semiconductor manufacturing equipment maker inherently more valuable if demand for its machines surges. However, the extremely complex nature of developing such machines means there are less than a handful of companies around the world that can do what Teradyne does and be profitable. It's a winner-takes-most space, and in some respects, analysts and investors are starting to get the idea that Teradyne isn't getting the love it deserves. As of writing, Teradyne’s mean price target of $99.50 implies a 19.8% premium to current price levels, while the Street-high target of $137 suggests a staggering 64.9% upside potential. TER stock price continued upward to $117.39 amid strengthening global chip shipment data. This trend is consistent with industry forecasts that point to rising demand for automated testing in advanced process nodes.