Teledyne Technologies Incorporated (TDY)
NYSE: TDY · IEX Real-Time Price · USD
407.80
+1.37 (0.34%)
May 20, 2024, 3:48 PM EDT - Market open
Teledyne Technologies Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for TDY stock have an average target of 469, with a low estimate of 400 and a high estimate of 498. The average target predicts an increase of 15.01% from the current stock price of 407.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TDY stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $490 → $400 | Strong Buy → Hold | Downgrades | $490 → $400 | -1.91% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $475 → $450 | Strong Buy | Maintains | $475 → $450 | +10.35% | Apr 25, 2024 |
| Needham | Needham | Strong Buy Maintains $510 → $455 | Strong Buy | Maintains | $510 → $455 | +11.58% | Apr 25, 2024 |
| Needham | Needham | Strong Buy Maintains $522 → $510 | Strong Buy | Maintains | $522 → $510 | +25.06% | Jan 24, 2024 |
| Needham | Needham | Strong Buy Maintains $455 → $522 | Strong Buy | Maintains | $455 → $522 | +28.01% | Dec 22, 2023 |
Financial Forecast
Revenue This Year
5.92B
from 5.64B
Increased by 5.12%
Revenue Next Year
6.21B
from 5.92B
Increased by 4.88%
EPS This Year
20.77
from 18.80
Increased by 10.50%
EPS Next Year
22.51
from 20.77
Increased by 8.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2B | 6.5B | 6.8B |
| Avg | 5.9B | 6.2B | 6.5B |
| Low | 5.7B | 6.0B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.7% | 9.8% | 10.2% |
| Avg | 5.1% | 4.9% | 4.7% |
| Low | 1.9% | 1.2% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.74 | 24.47 | 26.86 |
| Avg | 20.77 | 22.51 | 24.20 |
| Low | 19.94 | 21.22 | 22.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.6% | 17.8% | 19.3% |
| Avg | 10.5% | 8.3% | 7.5% |
| Low | 6.1% | 2.1% | -0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.