Teradata Corporation, together with its subsidiaries, operates as a hybrid cloud analytics software provider. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. The company offers Teradata Vantage, a data warehouse and analytics platform. Its business consulting services include consulting services for organizations to establish an analytic vision, identify and operationalize analytical opportunities, enable an analytical ecosystem architecture, and ensure their analytical infrastructure delivers value, as well as support and maintenance services. The company serves various industries comprising financial services, government, healthcare, manufacturing, retail, telecommunications, and travel/transportation. It operates in the Americas; Europe, the Middle East and Africa; and the Asia Pacific and Japan. The company primarily sells and markets its solutions and services through a direct sales force. Teradata Corporation was incorporated in 1979 and is headquartered in San Diego, California.
IPO Year:
Exchange: NYSE
Website: teradata.com
Date | Price Target | Rating | Analyst |
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8/6/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
7/19/2024 | $32.00 | Sell | UBS |
5/7/2024 | $48.00 → $39.00 | Neutral → Underperform | BofA Securities |
2/13/2024 | $74.00 → $48.00 | Overweight → Equal-Weight | Morgan Stanley |
2/13/2024 | $58.00 → $48.00 | Buy → Neutral | BofA Securities |
9/28/2023 | $65.00 | Outperform | Evercore ISI |
5/2/2023 | $63.00 | Outperform | Northland Capital |
5/1/2023 | $62.00 | Neutral → Buy | Guggenheim |
1/27/2023 | Neutral | Guggenheim | |
2/8/2022 | $56.00 → $57.00 | Overweight | Morgan Stanley |
Immediate access to the powerful, highly scalable AI/ML functions of ClearScape Analytics, in a serverless, on-demand compute engine that integrates natively with Fabric and OneLake MICROSOFT IGNITE – Teradata (NYSE: TDC) today announced that Teradata AI Unlimited is now available for public preview through the Microsoft Fabric Workload Hub. Microsoft Fabric Workload Hub allows customers to discover and add new ISV offered capabilities to their Fabric environment. AI Unlimited in Microsoft Fabric is a serverless compute engine that was designed to speed up Trusted AI innovations delivered at enterprise scale. It features Teradata's robust analytics functionality, ClearScape Analytics, whi
Teradata Corporation (NYSE: TDC) today announced that it will participate in the following upcoming investor conferences: RBC's 2024 Global TIMT Conference in New York, NY on November 19th at 10:00 a.m. ET / 7:00 a.m. PT Presenter: Steve McMillian, President and Chief Executive Officer Wells Fargo's 2024 TMT Summit in San Francisco, CA on December 4th at 12:30 p.m. ET / 9:30 a.m. PT Presenter: Claire Bramley, Chief Financial Officer Barclay's 2024 Global TMT Conference in San Francisco, CA on December 11th at 2:35 p.m. ET / 11:35 a.m. PT Presenter: Claire Bramley, Chief Financial Officer The presentations will be webcast live and available for replay on the In
Third quarter public cloud ARR of $570 million, an increase of 26% as reported and 24% in constant currency from the prior year period(1) Cloud net expansion rate of 120% GAAP diluted EPS was $0.33, up 175% year-over-year Non-GAAP diluted EPS was $0.69, up 64% year-over-year(2) Cash flow from operations was $77 million, up 88% year-over-year Free cash flow was $69 million, up 92% year-over-year(3) Teradata (NYSE: TDC) today announced its third quarter 2024 financial results. "In the third quarter, we grew our cloud business, delivered innovations that strengthen our market position, and added new customers and partners. We are seeing customers increasingly leverage our hybrid
Teradata Corporation (NYSE: TDC) today announced that Louis Landry has been promoted to the position of CTO. In this role, Landry will leverage more than two decades of experience in software architecture and engineering leadership to drive the company's technological vision and innovation strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030442451/en/Teradata CTO Louis Landry (Photo: Business Wire) Landry has been with Teradata for more than 10 years, most recently as head of the company's Technology and Innovation Office, where he led advanced research and development for Teradata. He has focused on leveraging Teradat
Earnings conference call to begin at 1:30 p.m. PT on Monday, November 4, 2024 Teradata Corporation (NYSE:TDC) today announced that it will release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Teradata will host a conference call to discuss its results and provide a business and financial update. Conference Call Details The conference call will begin at 1:30 p.m. PT on November 4, 2024. Investors and participants may attend the call by dialing (404) 975-4839 and entering access code 205954. For investors and participants outside the United States, see global dial-in numbers here, and use access code 205954. The live webcast, as well as a r
Teradata is integrating NVIDIA NeMo and NVIDIA NIM microservices into the Vantage platform to accelerate AI workloads TERADATA POSSIBLE – Teradata (NYSE:TDC) today announced a new collaboration with NVIDIA to enhance the Teradata Vantage platform with NVIDIA AI to benefit large, global organizations that leverage both public and/or private clouds. Teradata is integrating NVIDIA NeMo and NVIDIA NIM microservices into the Vantage platform to accelerate AI workloads and support the development of foundation and customized large language models (LLMs), agentic workflows and retrieval-augmented generation (RAG) applications. Customers can also deploy their own custom models through NVIDIA AI E
New bring-your-own LLM capability enables Teradata customers to simply and cost-effectively deploy everyday GenAI use cases with NVIDIA AI to deliver flexibility, security, trust and ROI New integration with the full-stack NVIDIA AI platform delivers accelerated computing TERADATA POSSIBLE – Teradata (NYSE:TDC) today announced new capabilities for VantageCloud Lake and ClearScape Analytics that make it possible for enterprises to easily implement and see immediate ROI from generative AI (GenAI) use cases. As GenAI moves from idea to reality, enterprises are increasingly interested in a more comprehensive AI strategy that prioritizes practical use cases known for delivering more immediate
Teradata (NYSE:TDC) today announced the speaker line up and agenda highlights for Possible 2024: Los Angeles, its global event series where decision-makers, influencers, and leaders come together to navigate the evolving landscape of AI innovation and technology. The electric three-day event is designed to dig into the latest innovations in harmonized data and trusted AI. Attendees will be able to: Explore solutions to the most important issues in AI/ML, data, and cloud technologies. Attend hands-on training, breakout sessions, and one-on-one meetings with practitioners. Learn why leading AI teams turn to in-database analytics to deliver insights: Spend less time on data prep (from
Teradata (NYSE:TDC) today announced at Possible 2024: London new features and productivity enhancements to ClearScape Analytics, the most powerful, open, and connected AI/ML capabilities in the market today. These new features are designed to enable the world's most innovative organizations to maximize the ROI of their AI/ML investments and boost data science productivity to achieve business outcomes faster and more efficiently. In recent years, the increased complexity of AI tools and platforms coupled with the proliferation of data and analytic platforms has resulted in complicated and inefficient AI/ML processes. As a result, companies are unable to derive complete insights from their d
Teradata Corporation (NYSE:TDC) today announced that it will participate in the following upcoming investor conference: Citi's 2024 Global TMT Conference in New York, NY on September 4th at 4:40 p.m. ET / 1:40 p.m. PT Presenter: Steve McMillian, President and Chief Executive Officer The presentation will be webcast live and available for replay on the Investor Relations page of the Teradata website at investor.teradata.com and archived on the Investor Relations page for a period of 30 days. About Teradata At Teradata, we believe that people thrive when empowered with trusted information. We offer the most complete cloud analytics and data platform for AI. By delivering harmon
Third quarter public cloud ARR of $570 million, an increase of 26% as reported and 24% in constant currency from the prior year period(1) Cloud net expansion rate of 120% GAAP diluted EPS was $0.33, up 175% year-over-year Non-GAAP diluted EPS was $0.69, up 64% year-over-year(2) Cash flow from operations was $77 million, up 88% year-over-year Free cash flow was $69 million, up 92% year-over-year(3) Teradata (NYSE: TDC) today announced its third quarter 2024 financial results. "In the third quarter, we grew our cloud business, delivered innovations that strengthen our market position, and added new customers and partners. We are seeing customers increasingly leverage our hybrid
Earnings conference call to begin at 1:30 p.m. PT on Monday, November 4, 2024 Teradata Corporation (NYSE:TDC) today announced that it will release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Teradata will host a conference call to discuss its results and provide a business and financial update. Conference Call Details The conference call will begin at 1:30 p.m. PT on November 4, 2024. Investors and participants may attend the call by dialing (404) 975-4839 and entering access code 205954. For investors and participants outside the United States, see global dial-in numbers here, and use access code 205954. The live webcast, as well as a r
Second quarter public cloud ARR of $542 million, an increase of 31% as reported and 32% in constant currency from the prior year period(1) Cloud net expansion rate of 123% GAAP operating margin was 15.1%, up 800 basis points year-over-year Non-GAAP operating margin was 22.0%, up 640 basis points year-over-year(2) GAAP diluted EPS was $0.38, up 124% year-over-year Non-GAAP diluted EPS was $0.64, up 33% year-over-year(2) Teradata (NYSE: TDC) today announced its second quarter 2024 financial results. "Teradata delivered another quarter of strong growth in Cloud ARR, increasing 32% in constant currency, and we maintained our robust 123% net expansion rate in the cloud," sai
Earnings conference call to begin at 2 p.m. PT on Monday, August 5, 2024 Teradata Corporation (NYSE:TDC) today announced that it will release its 2024 second quarter financial results after the market closes on Monday, August 5, 2024. Teradata will host a conference call and live webcast at 2 p.m. PT the same day to discuss its results and provide a business and financial update. The live webcast, as well as a replay, will be available on the Investor Relations page of the Teradata website at investor.teradata.com. About Teradata At Teradata, we believe that people thrive when empowered with trusted information. We offer the most complete cloud analytics and data platform for AI. By
First quarter public cloud ARR of $525 million, an increase of 35% as reported and 36% in constant currency from the prior year period(1) Cloud net expansion rate of 123% GAAP diluted EPS was $0.20 versus $0.39 per share Non-GAAP diluted EPS was $0.57 versus $0.61 per share(2) First quarter share repurchases of $124 million Teradata (NYSE: TDC) today announced its first quarter 2024 financial results. "Teradata grew public cloud ARR 36% year over year in constant currency. Teradata's technology is fundamental to driving complex analytics at scale, and is differentiated today as businesses everywhere are exploring how to leverage AI to be more productive and innovative," sa
Earnings conference call to begin at 2 p.m. PT on Monday, May 6, 2024 Teradata Corporation (NYSE:TDC) today announced that it will release its 2024 first-quarter financial results after the market closes on Monday, May 6, 2024. Teradata will host a conference call and live webcast at 2 p.m. PT the same day to discuss the results and provide a business and financial update. The live webcast, as well as a replay, will be available on the Investor Relations page of the Teradata website at investor.teradata.com. About Teradata At Teradata, we believe that people thrive when empowered with trusted information. We offer the most complete cloud analytics and data platform for AI. By delive
Fourth quarter public cloud ARR of $528 million, an increase of 48% as reported and 46% in constant currency from the prior year period(1) Cloud net expansion rate of 124% Full year cash from operations of $375 million and free cash flow of $355 million(3) Full year share repurchases of $308 million, resulting in a 2023 return of free cash flow of 87% Teradata (NYSE:TDC) today announced its fourth quarter and full year 2023 financial results. "Teradata ended 2023 with $528 million of Cloud ARR, delivering ten-fold growth in less than four years," said Steve McMillan, President and CEO, Teradata. "Companies everywhere are experimenting with AI to innovate their business and we
Earnings conference call to begin at 2 p.m. PT on Monday, February 12, 2024 Teradata Corporation (NYSE:TDC) today announced that it will release its 2023 fourth quarter and full year financial results after the market closes on Monday, February 12, 2024. Teradata will host a conference call and live webcast at 2 p.m. PT the same day to discuss the results and provide a business and financial update, including its 2024 financial outlook. The live webcast, as well as a replay, will be available on the Investor Relations page of the Teradata website at investor.teradata.com. About Teradata At Teradata, we believe that people thrive when empowered with better information. We offer the m
Public cloud ARR of $454 million, an increase of 63% as reported and 61% in constant currency from the prior year period(1) Total ARR of $1.524 billion, an increase of 11% as reported and 9% in constant currency from the prior year period(1) Third quarter recurring revenue of $360 million, an increase of 9% as reported and 10% in constant currency from the prior year period(1) Third quarter total revenue of $438 million, an increase of 5% as reported and 6% in constant currency from the prior year period(1) Third quarter GAAP diluted earnings per share of $0.12 Third quarter Non-GAAP diluted earnings per share of $0.42(2) Third quarter cash from operations of $41 million
Earnings conference call to begin at 2 p.m. PT on Monday, November 6, 2023 Teradata Corporation (NYSE:TDC) today announced that it will release its 2023 third quarter financial results after the market closes on Monday, November 6, 2023. Teradata will host a conference call and live webcast at 2 p.m. PT the same day to discuss the results and provide a business and financial update. The live webcast, as well as a replay, will be available on the Investor Relations page of the Teradata website at investor.teradata.com. About Teradata At Teradata, we believe that people thrive when empowered with better information. We offer the most complete cloud analytics and data platform, includi
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Throughout the last three months, 8 analysts have evaluated Teradata (NYSE:TDC), offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 2 2 1 Last 30D 0 0 0 0 1 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 2 2 0 Analysts have recently evaluated Teradata and provided 12-month price targets. The average target is $44.5, accompanied by a high estimate of $60.00 and a low estimate of $32.00. Experiencing a 16.04% decline, the current average
UBS analyst Austin Dietz initiates coverage on Teradata (NYSE:TDC) with a Sell rating and announces Price Target of $32.
New analytics integration of the DataRobot AI Platform with ClearScape Analytics aims to help maximize AI potential across the enterpriseTeradata (NYSE:TDC) today announced the new integration of the DataRobot AI Platform with Teradata VantageCloud and ClearScape Analytics. This integration is aimed to help enterprises maximize their AI potential by providing greater optionality and flexibility for building and scaling safe and effective AI models.The integration between Teradata and DataRobot will give enterprise customers the ability to import and operationalize DataRobot's AI models, at scale, inside the VantageCloud analytics and data platform — enabling them to unlock data and results f
During the last three months, 8 analysts shared their evaluations of Teradata (NYSE:TDC), revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 2 3 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 2 2 0 3M Ago 0 0 0 1 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $45.38, a high estimate of $60.00, and a low estimate of $35.00. This current average represents a 12.31% decrease from th
Guggenheim analyst Howard Ma reiterates Teradata (NYSE:TDC) with a Buy and maintains $60 price target.
Announces Teradata VantageCloud Lake on Google Cloud, with modern AI integrations between ClearScape Analytics, Google Cloud Vertex AI platform, and Google Cloud Gemini modelsTeradata (NYSE:TDC) today announced that it will offer Teradata VantageCloud Lake on Google Cloud, featuring updates that are designed to leverage the strengths of both Teradata and Google Cloud to deliver Trusted AI with the expertise, scale, and technology that enterprises require. Key components of VantageCloud Lake – the most complete cloud analytics and data platform for AI – are Teradata's ClearScape Analytics and a connected ecosystem that, for the Google Cloud edition, includes seamless integrations with Google
The Nasdaq 100 closed higher by around 0.2% on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. QUALCOMM The Trade: QUALCOMM Incorporated (NASDAQ:QCOM) Director Neil Smit sold a total of 3,069 shares at an average price of $2
The Nasdaq 100 closed higher by around 0.3% on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Tidewater The Trade: Tidewater Inc. (NYSE:TDW) Director Robert Robotti <a href=”https://www.benzinga.com/sec/insider-trades/”><em>
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Rapid7, Inc. (NASDAQ:RPD) On May 7, Rapid7 posted upbeat quarterly earnings. We continued to see solid traction wi
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JMP Securities downgraded Teradata from Mkt Outperform to Mkt Perform
UBS initiated coverage of Teradata with a rating of Sell and set a new price target of $32.00
BofA Securities downgraded Teradata from Neutral to Underperform and set a new price target of $39.00 from $48.00 previously
Morgan Stanley downgraded Teradata from Overweight to Equal-Weight and set a new price target of $48.00 from $74.00 previously
BofA Securities downgraded Teradata from Buy to Neutral and set a new price target of $48.00 from $58.00 previously
Evercore ISI initiated coverage of Teradata with a rating of Outperform and set a new price target of $65.00
Northland Capital initiated coverage of Teradata with a rating of Outperform and set a new price target of $63.00
Guggenheim upgraded Teradata from Neutral to Buy and set a new price target of $62.00
Guggenheim initiated coverage of Teradata with a rating of Neutral
Morgan Stanley reiterated coverage of Teradata with a rating of Overweight and set a new price target of $57.00 from $56.00 previously
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New analytics integration of the DataRobot AI Platform with ClearScape Analytics aims to help maximize AI potential across the enterprise Teradata (NYSE:TDC) today announced the new integration of the DataRobot AI Platform with Teradata VantageCloud and ClearScape Analytics. This integration is aimed to help enterprises maximize their AI potential by providing greater optionality and flexibility for building and scaling safe and effective AI models. The integration between Teradata and DataRobot will give enterprise customers the ability to import and operationalize DataRobot's AI models, at scale, inside the VantageCloud analytics and data platform — enabling them to unlock data and re
Announces Teradata VantageCloud Lake on Google Cloud, with modern AI integrations between ClearScape Analytics, Google Cloud Vertex AI platform, and Google Cloud Gemini models Teradata (NYSE:TDC) today announced that it will offer Teradata VantageCloud Lake on Google Cloud, featuring updates that are designed to leverage the strengths of both Teradata and Google Cloud to deliver Trusted AI with the expertise, scale, and technology that enterprises require. Key components of VantageCloud Lake – the most complete cloud analytics and data platform for AI – are Teradata's ClearScape Analytics and a connected ecosystem that, for the Google Cloud edition, includes seamless integrations with Goo
Teradata Corporation (NYSE:TDC) today announced the appointment of Richard Petley as Chief Revenue Officer, effective immediately. Petley was previously Teradata's EVP, Global Sales, and he succeeds Todd Cione, who is leaving the Company to pursue another professional opportunity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240405330470/en/Rich Petley, CRO, Teradata (Photo: Business Wire) Petley joined Teradata in April 2022 as EVP, EMEA Regional Sales, and expanded his role to lead sales teams in EMEA and APJ in February 2023. He has made significant contributions to the Company's ongoing business transformation and has driv
Proven Technology Marketing Executive with Record of Accelerating Growth Teradata (NYSE:TDC), the connected multi-cloud data platform for enterprise analytics, today announced that it has appointed Jacqueline Woods as Chief Marketing Officer, effective December 6, 2021. As CMO, Woods will be responsible for overseeing Teradata's strategic marketing planning and delivery, including brand and reputation management, digital and social properties, as well as leading customer generation, influencer marketing, public relations, communications and enriching customer experiences. Woods succeeds Martyn Etherington, who is stepping down from his position and will remain with Teradata through the end
SAN DIEGO--(BUSINESS WIRE)--Teradata (NYSE: TDC), the connected multi-cloud data platform for enterprise analytics, today announced that its Board of Directors has appointed Claire Bramley as Chief Financial Officer, effective June 14, 2021. Bramley succeeds Mark Culhane, who will be stepping down as CFO on June 13, 2021. To ensure a smooth transition, Culhane will continue to be employed until June 30, 2021. As CFO, Claire will be a member of the Executive Leadership Team, responsible for leading Teradata’s financial organization, information technology, analytics and security, enterprise risk, and enterprise strategic sourcing. Bramley brings extensive senior leadership experienc
SAN DIEGO--(BUSINESS WIRE)--Teradata (NYSE: TDC), a leading multi-cloud data warehouse platform provider, today announced that Barry Russell has been appointed Senior Vice President, Business Development and General Manager of Cloud, effective immediately. In this newly created position, Russell is responsible for accelerating Teradata’s cloud and SaaS growth strategy. Russell, who has joined the Company’s executive leadership team, reports directly to Steve McMillan, President and CEO. “Cloud-first is the cornerstone of Teradata’s strategic transformation and there is no better leader than Barry to ensure we are moving our cloud strategy forward with agility and purpose,” said M
SAN DIEGO--(BUSINESS WIRE)--Teradata Corporation (NYSE: TDC) today announced that the Compensation and Human Resource Committee of the Board of Directors (the Committee) has granted an equity award to new Chief Revenue Officer, Todd Cione, effective January 5, 2021. The award was granted pursuant to the company’s previously-announced New Employee Stock Inducement Plan (NESIP) and as a material inducement to Mr. Cione joining Teradata as Chief Revenue Officer. The award granted to Mr. Cione under the NESIP is a make-whole award consisting of service-based restricted share units covering 308,506 shares, which shall vest as follows: (i) 25% on the six month anniversary of the grant da
SAN DIEGO--(BUSINESS WIRE)--Teradata (NYSE: TDC), the cloud data analytics platform company, today announced the appointment of Todd Cione as Chief Revenue Officer, effective January 4, 2021. Cione brings to Teradata more than 25 years of experience in global sales, marketing, channel and operations at large multi-national technology organizations, including most recently at Apple, and previously with Oracle, Rackspace and Microsoft. He is a results-oriented executive with a proven track record of delivering predictable and profitable growth, and has successfully led organizations through cloud-based transformations. Cione will report to Steve McMillan, President and CEO of Terad