10 Trending AI Stocks That Analysts Are Monitoring

4. Teradyne Inc (NASDAQ:TER)

Number of Hedge Fund Holders: 43

Teradyne Inc. (NASDAQ:TER) designs and manufactures robotics and automated test systems to offer test solutions for semiconductors, electronic systems, and wireless devices. Their offerings, including collaborative robots and analytics tools, enable manufacturers to ensure high product quality and swiftly introduce solutions to markets across industries like healthcare, automotive, and consumer electronics. The company is matching the growing requirement of next-gen AI devices by facilitating the faster roll out of AI chips and components through its Advanced Test Solution capabilities that aid in yield optimization and enhancement of silicon performance.

On February 3rd, Baird reduced Teradyne Inc.’s (NASDAQ:TER) stock price target to $140 from $150 but retained an “Outperform” rating. The brokerage’s decision to lower the stock price target after mixed Q4 results pointed to weakness in the robotics segment.