Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets in the United States and internationally. The company has a market cap of $27.9 billion and provides visible-spectrum sensors and digital cameras, infrared, ultraviolet, visible, and X-ray spectrum products, micro-electromechanical systems, semiconductors, and more.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” TDY fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the Scientific & Technical Instruments industry.
Despite its strength, shares of Teledyne are down 14.1% from its 52-week high of $697.67, touched on Aug. 10. Moreover, TDY has fallen 3.3% over the past three months and has underperformed the Dow Jones Industrial Average ($DOWI), which has declined marginally during the same period.
Zooming out a little further, the scenario remains the same. Over the past 52 weeks, TDY has grown 6.5%, lagging behind DOWI’s 11.7% gain.
TDY has been trading below its 200-day moving average since this month and also below its 50-day moving average since the end of August.
On July 22, TDY stock rose marginally following the release of its Q2 2026 earnings. Its revenue rose 9.8% from the prior year’s quarter to $1.7 billion and surpassed the Street’s estimates, along with its adjusted EPS, which also came in above consensus estimates at $6.28. TDY also raised its full-year adjusted EPS guidance to $24.55 at the midpoint, marking a 2.3% increase.
When stacked against its peer, MKS Inc. (MKSI), TDY has underperformed as well. Over the past year, MKSI stock has surged 89.4%.
Sentiment on TDY remains somewhat optimistic. Among the 11 analysts covering the stock, the consensus rating is a “Moderate Buy.” Its mean price target of $744.27 suggests 24.1% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.