Teradata (NYSE:TDC) Given New $40.00 Price Target at Citigroup

Teradata (NYSE:TDC) had its target price increased by investment analysts at Citigroup from $36.00 to $40.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Citigroup‘s price objective suggests a potential upside of 17.16% from the stock’s previous close.

TDC has been the topic of a number of other reports. UBS Group dropped their price target on Teradata from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Barclays decreased their target price on Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research note on Monday, September 21st. Morgan Stanley downgraded shares of Teradata from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $35.00 to $29.00 in a report on Monday, August 10th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $34.00 price target on shares of Teradata in a research report on Thursday, July 16th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.78.

Teradata Stock Down 1.3%

TDC traded down $0.46 during mid-day trading on Friday, reaching $34.14. 1,778,653 shares of the stock were exchanged, compared to its average volume of 2,278,280. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $3.18 billion, a PE ratio of 7.19, a price-to-earnings-growth ratio of 2.55 and a beta of 0.62. The company has a 50 day moving average price of $29.88 and a two-hundred day moving average price of $29.92. Teradata has a 1 year low of $20.54 and a 1 year high of $41.78.

Teradata (NYSE:TDC) 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. The business had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $396.13 million. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. As a group, research analysts anticipate that Teradata will post 1.79 EPS for the current year.

Insider Buying and Selling at Teradata

In other news, COO Michael Hutchinson sold 48,077 shares of the company’s stock in a transaction on 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 transaction, the chief operating officer owned 171,927 shares of the company’s stock, valued at $5,157,810. This represents a 21.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Mcmillan sold 10,000 shares of the stock in a transaction on Tuesday, September 15th. The stock was 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 of the company’s stock, valued at $22,588,428.92. The trade was a 1.31% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.96% of the company’s stock.

Institutional Trading of Teradata

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in Teradata by 21.7% in the 1st quarter. Bank of America Corp DE now owns 1,320,653 shares of the technology company’s stock worth $33,848,000 after buying an additional 235,116 shares during the period. Lazard Asset Management LLC raised its holdings in Teradata by 8.7% during the 1st quarter. Lazard Asset Management LLC now owns 763,402 shares of the technology company’s stock valued at $19,566,000 after acquiring an additional 61,296 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Teradata during the second quarter worth $2,500,000. Ieq Capital LLC purchased a new stake in shares of Teradata during the second quarter worth $1,798,000. Finally, The Manufacturers Life Insurance Company bought a new position in Teradata in the 2nd quarter worth about $1,605,000. Institutional investors own 90.31% of the company’s stock.

Teradata Company Profile

Teradata Corporation (NYSE: TDC) is a data and analytics technology company that helps organizations collect, manage, analyze and govern large volumes of enterprise data. Its offerings are designed to support business intelligence, advanced analytics, artificial intelligence and machine learning across complex data environments.

The company’s portfolio includes Teradata VantageCloud, a cloud analytics platform available through public-cloud and hybrid deployment models, as well as ClearScape Analytics, which provides tools for developing and deploying advanced analytics and AI workloads.