Teradata (NYSE:TDC – Get Free Report) had its target price dropped by investment analysts at UBS Group from $36.00 to $32.00 in a report issued on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. UBS Group’s price objective would suggest a potential upside of 9.87% from the stock’s current price.
Several other brokerages have also commented on TDC. Royal Bank Of Canada reiterated a “sector perform” rating and set a $34.00 price objective on shares of Teradata in a research report on Thursday, July 16th. Citigroup reduced their price target on shares of Teradata from $39.00 to $36.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley restated an “equal weight” rating and issued a $29.00 price objective (down from $35.00) on shares of Teradata in a report on Monday, August 10th. Wall Street Zen cut shares of Teradata from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradata in a report on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $34.33.
View Our Latest Stock Report on Teradata
Teradata Price Performance
Teradata (NYSE:TDC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The firm had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $396.13 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The business’s quarterly revenue was up .5% on a year-over-year basis. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Equities research analysts expect that Teradata will post 1.79 earnings per share for the current year.
Insiders Place Their Bets
In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total value of $300,200.00. Following the transaction, the chief executive officer owned 752,446 shares in the company, valued at approximately $22,588,428.92. The trade was a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael Hutchinson sold 48,077 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the sale, the chief operating officer owned 171,927 shares of the company’s stock, valued at approximately $5,157,810. This represents a 21.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is owned by company insiders.
Hedge Funds Weigh In On Teradata
Several hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new stake in Teradata in the second quarter valued at $30,000. Financial Management Professionals Inc. purchased a new stake in shares of Teradata in the 2nd quarter worth about $36,000. Elevation Wealth Partners LLC boosted its stake in shares of Teradata by 587.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company’s stock valued at $41,000 after purchasing an additional 1,010 shares in the last quarter. Nykredit A S purchased a new position in shares of Teradata during the second quarter valued at about $44,000. Finally, SJS Investment Consulting Inc. raised its stake in Teradata by 25,800.0% in the first quarter. SJS Investment Consulting Inc. now owns 1,813 shares of the technology company’s stock worth $46,000 after buying an additional 1,806 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.
About Teradata
Teradata Corporation (NYSE: TDC) is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.
The company’s offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.
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