TDY
Teledyne Technologies Incorporated
NYSE: TDY · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$632.58
-2.64% today
Updated 2026-06-05
Market cap
$29.00B
P/E ratio
31.75
P/S ratio
4.66x
EPS (TTM)
$19.72
Dividend yield
—
52W range
$483 – $693
Volume
0.3M
Teledyne Technologies Incorporated (TDY) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed TDY price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$632.58
Today
Analyst consensus
$728.77
+15.21% · 12M
2030 Base
$482.10
-23.79% future
NPV today
$313.30
@ 10% WACC
16 analysts:
5 Buy3 Hold0 Sell
Management guidance
Teledyne raised FY2026 earnings guidance in Q1 2026 earnings call (April 22, 2026), indicating confidence in execution. No specific revenue targets for 2026-2030 were disclosed in available materials, but management indicated strong momentum in defense/aerospace and emerging imaging markets. Company guided to mid-to-high single-digit revenue growth for 2026 based on analyst consensus.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
TDY · Teledyne Technologies Incorporated · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$269.05
NPV today: $174.85
Base case (2030)
$482.10
NPV today: $313.30
Bull case (2030)
$1,121.26
NPV today: $728.67
WallStSmart.com
TDY financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $6.1B | $6.7B | $7.3B | $8.1B | $9.0B | $9.9B |
| Revenue growth | 7.9% | 8.2% | 8.6% | 10.8% | 11.2% | 10.1% |
| Net margin | — | 18.9% | 19.1% | 19.6% | 20.1% | 20.4% |
| EPS | $21.56 | $27.50 | $30.10 | $34.20 | $39.00 | $43.50 |
| Diluted shares | — | 46M | 46M | 46M | 47M | 47M |
| Net debt | — | $1.64B | $737.93M | $-264.46M | $-1.38B | $-2.61B |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $254.82 | $299.04 | $354.32 | $417.06 | $482.10 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $9.9B | $9.9B | $9.9B |
| P/S multiple | 1.0x | 2.0x | 5.0x |
| Diluted shares | 47M | 47M | 47M |
| Net debt | $-2.61B | $-2.61B | $-2.61B |
| Implied P/E † | 6x | 11x | 26x |
| 2030 Price | $269.05 | $482.10 | $1,121.26 |
| NPV @ 10% | $174.85 | $313.30 | $728.67 |
† Implied P/E: Multiples remain elevated across all three scenarios because TDY is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $482.10 base case
TDY catalysts and risks
Growth catalysts
+ U.S. Army LASSO program contract for Rogue 1 loitering munitions system (deliveries Q3 2026+; multi-year procurement potential)
+ Rogue 1 Block 2 upgrades (extended range, anti-armor payload) shipping Q3 2026 with strong customer demand from Marine Corps/Special Operations
+ Defense/aerospace spending expansion: FY2027-2030 U.S. defense budgets supporting counter-UAS, hyperspectral imaging, and space sensor demand
+ European Space Agency SMILE mission (Teledyne sensors deployed; validates high-reliability space imaging business)
+ AI/industrial inspection tailwinds: Kaleido SWIR hyperspectral camera, e2v Perciva 3D vision products entering production for recycling/pharma/semiconductor
+ Organic M&A: Historical 8-12% annual tuck-in acquisition integration driving margin expansion
Key risks
- Defense budget cuts or program delays (LASSO/loitering munitions exposure ~15-20% of revenue in 2028+)
- Customer concentration: top 5 U.S. government contracts likely represent 25-35% of revenue; geopolitical/policy shifts impact procurement
- Industrial imaging slowdown: softer conditions noted in Q1 2026; cyclical exposure to semiconductor capex and industrial automation weaker in recessionary scenario
- Valuation multiple compression: P/E 32x → industry average 22-24x would create 25-30% downside regardless of revenue growth
- Supply chain/cost inflation: defense/aerospace supplier constraints could pressure margins if raw materials spike
- Integration risk: $29B market cap means large acquisitions required for meaningful inorganic growth; synergy realization uncertain
Methodology · Teledyne Technologies Incorporated 2030 stock forecast model
Teledyne Technologies Incorporated 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for TDY by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-2.61B by 2030) |
| 3. Time value | NPV calculated using 10% WACC (CAPM: beta 0.969) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 5.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
TDY price target FAQ
What is the TDY price target for 2030?
WallStSmart's Teledyne Technologies Incorporated 2030 base case is $482.10 per share, with a bull case of $1,121.26 and bear case of $269.05. The NPV of the base case discounted to today at 10% WACC is $313.30.
How is the Teledyne Technologies Incorporated 2030 stock forecast calculated?
The TDY 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the TDY price target account for dilution?
Teledyne Technologies Incorporated is projected to grow diluted share count from 46M to 47M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on TDY stock?
16 analysts cover TDY with an average 12-month price target of $728.77. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.