Teledyne Technologies stock reports a major space defense milestone
Published on 10/05/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Teledyne Technologies (ISIN US8793601050) was trading at USD 619.97 on the NYSE at 11:13 a.m. ET on October 5, 2026, as the company announced a major infrared sensor milestone. According to StockTitan on October 5, Teledyne had delivered more than 1.3 billion infrared detector pixels for Space Development Agency missile warning and tracking missions.
Space defense reaches a new scale
The announcement adds a concrete operating milestone to Teledyne's exposure to space and defense electronics. The company has delivered more than 170 infrared focal planes for the SDA Tracking Layer and remains under contract to provide more than 115 additional focal planes, according to StockTitan on October 5.
Teledyne was also selected for infrared focal-plane technology supporting the Accelerated Missile Defense Tranche 3 program. That program is planned to add more than 30 missile warning, tracking and defense satellites, giving the sensor business a direct link to expanding space infrastructure.
Q2 growth lifted the full year guide
Teledyne's second-quarter 2026 net sales rose 9.8 percent year over year to USD 1.6625 billion, while non-GAAP diluted EPS increased 20.8 percent to USD 6.28. The figures came with a non-GAAP operating margin of 23.4 percent, up from 22.2 percent in the prior-year quarter, according to StockTitan in its Q2 filing summary.
Management raised 2026 non-GAAP EPS guidance to USD 24.45-24.65 and projected revenue above USD 6.53 billion. Funded backlog stood at USD 5.0 billion at the end of June, while operating cash flow reached USD 315.2 million in Q2 2026.
Consensus target reaches USD 744.27
According to Yahoo Finance on September 18, 2026, 11 analysts carried a Moderate Buy consensus and an average price target of USD 744.27. The target was published alongside a price of USD 599.78, implying 24.1 percent upside at that time.
The main counter-factor is supply-chain exposure. In the Q2 call, management said more than USD 1 billion of annual revenue depends on materials including germanium and rare-earth magnets, according to The Globe and Mail on July 22, 2026.
Stock remains below its yearly high
At USD 619.97 on the NYSE on October 5, 2026, Teledyne stood 11.1 percent below its 52-week high of USD 697.67. Its market capitalization was USD 28.7 billion, and trading volume was 33,934 shares at the cited time.
Teledyne Technologies stock facts
- Company: Teledyne Technologies Incorporated
- ISIN: US8793601050
- Ticker: TDY
- Trading venue: NYSE
- Price (as of October 5, 2026, 11:13 a.m. ET): USD 619.97
- Market capitalization: USD 28.7 billion (as of October 5, 2026)
- 52-week range: USD 483.02-697.67 (as of October 5, 2026)
- Sector / Industry: Technology / Scientific and technical instruments
Upcoming dates for Teledyne Technologies stock
- November 1, 2026: Mary Grace DeForest becomes Corporate Vice President of Investor Relations and Mergers and Acquisitions
- February 1, 2027: Jason VanWees retires from his current position as Vice Chairman
