Teledyne Technologies stock trades at USD 614.15 after target hike

Teledyne Technologies stock (ISIN US8793601050) was last at USD 614.15 on the NYSE on September 25, 2026 at 4:00 p.m. EDT, up 0.35 percent from USD 612.02. The latest analyst move came from Needham, which raised its target from USD 750.00 to USD 760.00 on September 15, 2026, while maintaining a Buy rating, as Yahoo Finance reported.

Needham lifts target to USD 760.00

The increase of USD 10.00 amounts to 1.33 percent from the previous target, making the move a measured upgrade rather than a wholesale change in the analyst view. Needham analyst James Ricchiuti linked the thesis to a broadening short-cycle recovery and opportunities in modern defense applications, according to Yahoo Finance.

Q2 earnings beat consensus

Teledyne reported USD 6.28 in earnings per share for Q2 2026 against a USD 5.79 consensus estimate. Revenue reached USD 1.66 billion versus expectations of USD 1.58 billion, while year-over-year revenue growth was 9.80 percent, MarketBeat reported.

The company also set fiscal 2026 EPS guidance at USD 24.45 to USD 24.65 and Q3 2026 guidance at USD 6.05 to USD 6.15, according to MarketBeat. The guidance gives investors a concrete benchmark for the next quarterly update.

Stock remains below its yearly high

At USD 614.15, the shares stood 11.97 percent below the 52-week high of USD 697.67 and 27.09 percent above the 52-week low of USD 483.02 on September 25, 2026. The session range was USD 611.72 to USD 619.10 on volume of 259,452 shares.

Teledyne carried a market capitalization of USD 28.5 billion on September 25, 2026, with a trailing P/E ratio of 29.65. The combination of double-digit quarterly revenue growth and a target increase of 1.33 percent leaves execution against the fiscal 2026 guidance as the next measurable test.

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