Teledyne Technologies Incorporated (TDY) - Stock Analysis
Last updated: Mar 14, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Teledyne Technologies reports record Q3 with 6.7% sales growth, new acquisitions in defense and maritime, expanding contract wins, and fresh product launches; combined with positive 3-week price momentum and low volatility, making it a solid short-term hot idea.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠High margins ⢠Strong FCF/ROIC Teradyne delivers high margins, strong free cash flow and ROIC but is offset by a rich valuation, large intangibles and quarter-to-quarter cash-flow volatility. Valuation: The stock trades at a premium (P/E ~34.6, EV/EBITDA ~22.2), implying high growth expectations and greater downside risk if execution or cash-flow seasonality falters.
Price Behavior
Key Price Behavior Insights: ⢠Below mean ⢠Recent peak/pullback ⢠Near last-month low Support Level: $638.91 (secondary $646â$649) Resistance Level: $682â$689 TDY is trading below its last-month mean after a rally peaked near $688.59 and has pulled back to the last-month low at $638.91, signaling short-term downside bias unless it reclaims the $682â689 resistance zone.
Sentiment & News
Key News Insights: ⢠Analyst upgrade ⢠Institutional buying ⢠Product pipeline Teledyne shows broad momentumâanalyst "Moderate Buy", institutional buying, defense/commercial tailwinds, strategic partnerships, and multiple product launches driving growth prospects.
AI Summary
Teledyne's investment case has shifted from cyclical industrial exposure to a higherâconviction, defense/space and imaging/autonomy growth story where multiâyear, higherâmargin program revenue and targeted M&A can justify a premium multipleâprovided acquisitions and R&D convert to margin accretion within 12â24 months. Key actionables: monitor quarterly OCF/cashâconversion (watch for Q4âstyle workingâcapital swings), margin trajectory postâintegration, and backlog-toârevenue conversion/timing of defense awards; failure on any of these would materially compress the valuation.
Description
Teledyne Technologies is a U.S.-based industrial technology company supplying instrumentation, imaging, aerospace and defense electronics, and engineered systems to commercial and government customers worldwide. Its product range includes monitoring and control instruments, sensors and cameras across visible, infrared and X-ray bands, electronic components and communications equipment for aircraft and defense, and systems engineering and electrochemical energy solutions for space, defense and environmental applications. The company sells through a combination of direct sales, third-party representatives and distributors and is headquartered in Thousand Oaks, California, founded in 1960.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Jan 14 | Jan 21 | TDY | Teledyne Technologies Incorporated | Teledyne Technologies reports record Q3 with 6.7% sales growth, new acquisitions in defense and maritime, expanding contract wins, and fresh product launches; combined with positive 3-week price momentum and low volatility, making it a solid short-term hot idea. | Closed | +10.5% |