NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-08-31
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Create your account →Intact: The reason to own it still holds.
Teledyne grows earnings steadily with raised 2026 EPS guidance near $24. Digital Imaging sales rose 7.9% in Q1 to $816.9 million. Debt reduction efforts lowered net debt by $168 million in Q1. Profit margins and cash flow remain solid in a stable market.
Growth could slow below analyst expectations of 5.7% revenue growth. Margin pressure or weaker demand in key segments may hurt earnings. Rising debt or failure to reduce leverage could strain finances.
The price is about 8% above our fair value near $604 and 11% below the Street median target of $682. Analysts expect roughly 6% revenue growth, which aligns with management's raised EPS guidance. Our view is slightly more conservative than the Street.
Breaks if: Digital Imaging revenue growth falls below 3% YoY
Breaks if: EPS falls below $23.0 in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on growth in the Digital Imaging segment. The current thesis state is stable, with recent financial results showing strength despite some mixed signals in management execution.
The market appears to have priced in a neutral valuation compared to peers, with a slight expectations gap. The company's execution quality is considered weak, but this fragility is not fully reflected in the current valuation.
Management is on track with its priorities, particularly in increasing earnings per share and reducing net debt. However, growth in the Digital Imaging segment shows mixed results, which could impact future performance.
The thesis hinges on the performance of sector bellwethers like APH, GLW, and KEYS. If these companies continue to perform well, it could provide a favorable environment for TDY, while any negative guidance from them could pose risks.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports increased earnings per share guidance for 2026. The acquisition of Varex Imaging enhances growth potential in the Digital Imaging segment.
as of 2026-08-31
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Management aims to increase the non-GAAP EPS guidance for the full year 2026.
Breaks if: Net debt rises above $2.2 billion
Overall, TDY's fundamentals are strong, but the company faces moderate risks in the near term. Not investment advice.
