Teledyne Technologies stock holds above $626 after Q2 beat
Published on 08/28/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Teledyne Technologies Inc. (US8793601050) stock held above $626 after a Q2 2026 earnings beat, with shares opening at $626.81 and a market capitalization of $29.06 billion as of August 28, 2026. The latest report showed adjusted EPS of $6.28 versus $5.79 expected, while revenue reached $1.6 billion against $1.7 billion in consensus, a mixed comparison that still left the company with a positive earnings surprise.
Q2 numbers still matter
The second quarter of 2026 delivered the cleanest recent operating read: EPS beat estimates by 8.41%, and the company also reported Q1 2026 EPS of $5.47 versus $5.80 expected. Revenue in Q1 2026 came in at $1.5 billion versus $1.6 billion forecast, while Q2 revenue of $1.6 billion showed the business kept generating scale even as the sales gap to consensus widened.
That combination is helping explain why the share price remains well above the levels seen after the last earnings release. The stock traded at $628.63 on August 27, 2026, and the reported 12-month high of $697.67 leaves a visible gap that investors can measure against the current quote.
Valuation and peer context
Market data now frames Teledyne as a large-cap industrial technology name with a 30.27 P/E ratio and a beta of 0.92. The same quote snapshot placed the stock at $628.63, which is 10.0% below the $697.67 high and still close enough to keep valuation and execution in the same conversation.
Analyst coverage in the same market update pointed to an average target of $757.25, a level that sits 20.5% above the quoted closing price of $626.50 in the referenced market note. That gap is one reason the market keeps treating earnings delivery as the central driver rather than a single headline catalyst.
Teledyne Space Imaging
One visible product line in recent company coverage is Teledyne Space Imaging, which launched the CIS111 detector aboard the Meteosat Third Generation Imager-2. The aerospace and defense side of the business gives the stock a second earnings lever beyond core industrial electronics.
Shares and watch level
As of August 27, 2026, Teledyne Technologies traded at $628.63 on the New York Stock Exchange in U.S. dollars. The combination of a $29.06 billion market cap, a 30.27 P/E ratio, and Q2 2026 EPS of $6.28 keeps the stock tied to execution rather than broad market noise.
Fact box
Company: Teledyne Technologies Inc.
ISIN: US8793601050
Ticker: TDY
Exchange: NYSE
Price (as of August 27, 2026, 11:55 a.m. ET): $628.63 USD
Market cap: $29.06 billion (as of August 28, 2026)
Sector / Industry: Scientific and technical instruments
