VOL. XCIV, NO. 247

* WIDE MOAT STOCKS COMPARISON *

NO ADVICE

Sunday, December 28, 2025

Stock Comparison

Teradyne, Inc. vs Universal Music Group N.V.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Teradyne, Inc.

TER · Nasdaq Stock Market

Market cap (USD)$31B
SectorTechnology
CountryUS
Data as of2025-12-23
Moat score
79/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

View full moat analysis >

Universal Music Group N.V.

UMG · Euronext Amsterdam

Market cap (USD)
SectorCommunication Services
CountryNL
Data as of2025-12-28
Moat score
77/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

View full moat analysis >

Side-by-side metrics

Teradyne, Inc.
Universal Music Group N.V.
Ticker / Exchange
TER - Nasdaq Stock Market
UMG - Euronext Amsterdam
Market cap (USD)
$31B
n/a
Sector
Technology
Communication Services
HQ country
US
NL
Primary segment
Semiconductor Test
Recorded Music
Market structure
Duopoly
Oligopoly
Market share
27%-30% (implied)
31%-33% (estimated)
HHI estimate
3,565
n/a
Pricing power
Moderate
Moderate
Moat score
79 / 100
77 / 100
Moat domains
Demand, Supply, Network
Legal, Supply, Demand
Last update
2025-12-23
2025-12-28

Moat coverage

Shared moat types

Brand Trust

Teradyne, Inc. strengths

Format Lock InCapex Knowhow ScaleDesign In QualificationSwitching Costs GeneralEcosystem Complements

Universal Music Group N.V. strengths

Content Rights CurrencyScale Economies Unit CostLong Term ContractsService Field Network

Segment mix

Teradyne, Inc. segments

Full profile >

Semiconductor Test

Duopoly

77.9%

Product Test

Competitive

11.7%

Robotics

Competitive

10.4%

Universal Music Group N.V. segments

Full profile >

Recorded Music

Oligopoly

75.2%

Music Publishing

Oligopoly

17.9%

Merchandising and Other

Competitive

7.1%

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.