Needham Raises Teledyne Technologies (TDY) Price Target to $775

Needham reaffirmed its Buy rating on Teledyne Technologies Incorporated [NYSE: TDY] on October 23, 2026, while boosting its price target from $760.00 to $775.00. The update came via a research note from the firm, following earlier coverage adjustments across the Street for the scientific instrument maker.

TDY Teledyne Technologies Incorporated

$614.37 ▲ +18.43% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Needham's Call on Teledyne Technologies Incorporated

On October 23, 2026, Needham maintained its positive stance on the technology firm with a Buy rating and increased its target to $775.00 from $760.00. This follows a previous adjustment on September 15, 2026, when the firm maintained a Buy rating with a $760.00 target. Other Wall Street firms have also updated their views recently, including Stifel maintaining a Buy rating with a $795.00 target on October 22, 2026.

Other Institutional Activity in Teledyne Technologies Incorporated

Large investors adjusted their holdings in Teledyne during the middle quarters of the year. FIL LTD grew its holdings by 222,221 shares, ending with 1,834,853 shares worth about $1.14 billion. Dodge & Cox Inc. added 8,503 shares for a total of 1,612,837 shares valued at roughly $1.00 billion. Jupiter Topco LLC doubled its position, adding 770,156 shares to reach 1,540,313 shares worth about $955.7 million. Meanwhile, Aristotle Capital Management, LLC trimmed its stake by 82,449 shares, or 5.2%, ending with 1,515,404 shares valued at approximately $940.3 million.

Teledyne Technologies Incorporated Stock Down 1.5%

Teledyne recently traded around $620.47 as of October 23, 2026, matching its closing price of $620.47 on October 22, 2026. The stock sits below its 52-week high of $697.67 and above its 52-week low of $483.02. Shares trade near the 50-day moving average of $620.54 while resting below the 200-day moving average of $630.16.

Recent Earnings

Teledyne reported trailing twelve-month revenue of $6.52 billion with a trailing P/E ratio of 28.11 and a forward P/E of 22.72. The company posted a net profit margin of 15.8% and a return on equity of 9.5%, alongside year-over-year revenue growth of 9.4%. The next earnings report is scheduled for January 20, 2027.

Insider Buying and Selling at Teledyne Technologies Incorporated

Company insiders completed several transactions earlier in the year. Director Michael T. Smith sold 4,000 shares on January 29, 2026, at an average price of $621.00 for a total value of $2.48 million. Officer Jason Vanwees disposed of 7,500 shares valued at $4.73 million on February 3, 2026. Later, on August 12, 2026, Director Schack Wesley W Von sold 468 shares at $686.63 for $321,343, while Director Simon M Lorne sold 6,449 shares worth $4.39 million.

Analysts Set New Price Targets

Overall, the stock holds a consensus Buy rating from 12 analysts with a mean price target of $764.33. Targets range from a low of $640.00 to a high of $877.00.

About Teledyne Technologies Incorporated

Based in Thousand Oaks, California, Teledyne builds enabling technologies and digital imaging products for industrial markets. The firm manufactures visible spectrum sensors, digital cameras, and infrared systems, serving customers across global markets.

Bottom Line

Investors will watch for the company's next earnings report on January 20, 2027, to gauge ongoing revenue growth and margin performance against analyst expectations.