Teledyne Technologies has beaten earnings estimates in all four of the last four quarters with an average positive surprise of 6.9%, carries a maximum Piotroski financial health score of 9 out of 9, and receives positive news sentiment — but at $628 per share the stock is priced at a forward price-to-earnings of 24.1 times with only 2% measured upside to the analyst target.
Thesis pillars
- Digital Imaging Segment Concentration↓Deteriorating
- Perfect Piotroski Financial Health→Stable
- Consistent Earnings Beat Track Record→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 20, 2026
Teledyne Technologies Incorpora (TDY) Stock Analysis
Technology · Scientific & Technical Instruments
Sell if holding. Analyst target reached at $665.56 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Digital Imaging segment (52.0%).
Teledyne Technologies provides sensors, instruments, and systems in four segments: Digital Imaging (52% of 2025 net sales), Instrumentation (24%), Aerospace and Defense Electronics (17%), and Engineered Systems (7%), serving industrial, defense, and scientific customers in over... Read more
Sell if holding. Analyst target reached at $665.56 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Digital Imaging segment (52.0%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.8/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 83d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Teledyne Technologies Incorpora
About Teledyne Technologies Incorpora
Teledyne Technologies' four operating segments generated $1,559.4 million from the U.S. Government in 2025—equivalent to 25.5% of total net sales—with Digital Imaging leading at 52% of net sales, followed by Instrumentation at 24%, Aerospace and Defense Electronics at 17%, and Engineered Systems at 7%. International customers represented approximately 48% of total net sales, with the top five countries—the UK, Germany, Japan, China, and France—contributing roughly 20% of total net sales. The company employed 15,800 people in 38 countries at December 28, 2025.
Teledyne earns revenue from hardware sales, services, and limited licensing across commercial and defense markets. Digital Imaging—the largest segment—supplies visible-spectrum, infrared, ultraviolet, and X-ray sensors to defense agencies, industrial machine vision customers, and medical imaging applications, plus MEMS production and high-reliability semiconductors including analog-to-digital converters. The Instrumentation segment provides marine, environmental, and test-and-measurement products to research, petrochemical, and aerospace customers. Aerospace and Defense Electronics supplies avionics data management systems and harsh-environment interconnects to commercial airlines and the U.S. military; Engineered Systems derives its core business from NASA, the U.S. Department of War, and the U.S. Department of Energy. Approximately 81% of U.S. Government prime contracts and subcontracts were fixed-price type in 2025, up from 78% in 2024, exposing the company to cost overrun risk that cannot be recovered under fixed-price terms.
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Export controls and sanctions pose a named, quantifiable threat: China placed two Teledyne legal entities on its Unreliable Entity List or Export Control List, restricting commerce for those subsidiaries and affecting some non-listed affiliates. China's separate export restrictions on gallium, germanium, and permanent magnets—materials used in digital imaging and aerospace and defense products—have caused past production delays and may limit future supply availability. Teledyne's China-based customer revenue represented approximately 4% of total revenues in 2025; a U.S. Government shutdown lasting 43 days in fall 2025 delayed contract awards, export license issuances, and invoice payments across several businesses.
See also: Technology · Scientific & Technical Instruments
From Teledyne Technologies Incorpora's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-10-29Recent Developments — Teledyne Technologies Incorpora
Latest news
- NEWS Varex Imaging (VREX) Stock Jumps 50% on Teledyne (TDY) Buyout Deal Just as Its Turnaround Gains Traction - Yahoo Finance — Yahoo Finance positive
- NEWS Hsbc Holdings PLC Raises Stock Holdings in Teledyne Technologies Incorporated $TDY - MarketBeat — MarketBeat positive
- NEWS Teledyne Technologies shares climb after strong second-quarter earnings beat and raised outlook (NYSE:TDY) - Yahoo Finan — Yahoo Finance positive
- NEWS Teledyne: Powerful But Pricey With Alpha Constrained - Seeking Alpha — Seeking Alpha negative
- NEWS Teledyne Stock: Powerful But Pricey With Alpha Constrained (NYSE:TDY) - Seeking Alpha — Seeking Alpha neutral
Generated 2026-10-29T11:14:36Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductDigital Imaging segment52%10-K Item 1: 'Digital Imaging| 52 | %'
- MEDIUMCustomerU.S. Government26%10-K Item 1: 'Total U.S. Government sales as a percent of total net sales| 25.5 | %'
- MEDIUMGeographicinternational customers48%10-K Item 1A: 'In both 2025 and 2024, sales to customers outside the United States accounted for approximately 48% of total net sales.'
Material Events(8-K, last 90d)
- 2026-04-23Item 5.02LOWEffective April 1, 2026, salary increases were approved for CFO Stephen F. Blackwood ($640K to $660K), Vice Chairman Jason VanWees ($595K to $613K), and EVP/GC Melanie S. Cibik ($585K to $603K). Routine compensatory arrangement.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $665.56 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Digital Imaging segment (52.0%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $634.24. Score 5.8/10, moderate confidence.
Analyst target: $669.25 (+0.6% upside). Prior stop was $634.24. Stop-loss: $634.24.
Concentration risk — Product: Digital Imaging segment (52.0%); Analyst target reached - limited upside remaining; Near 52-week high (4.6% away).
Teledyne Technologies Incorpora trades at a P/E of 30.5 (forward 24.1). TrendMatrix value score: 5.1/10. Verdict: Sell.
17 analysts cover TDY with a consensus score of 3.9/5. Average price target: $769.
What does Teledyne Technologies Incorpora do?Teledyne Technologies provides sensors, instruments, and systems in four segments: Digital Imaging (52% of 2025 net...
Teledyne Technologies provides sensors, instruments, and systems in four segments: Digital Imaging (52% of 2025 net sales), Instrumentation (24%), Aerospace and Defense Electronics (17%), and Engineered Systems (7%), serving industrial, defense, and scientific customers in over 100 countries. The U.S. Government represented 25.5% of total net sales in 2025, with approximately 15,800 employees in 38 countries at December 28, 2025.