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Industry-level sentiment and macro signals, built from public earnings calls. Part of the Technology sector.
Showing calendar 2026 Q2Free· the newest quarter (2026 Q3) is Pro.
Industry Sentiment Index · Calendar 2026 Q2
As of 2026 Q2, the Tellvest aggregate earnings-call sentiment for the Test, Measurement & Navigation Instruments industry is 8.7/10 across 6 companies.
2024 Q4–2026 Q2. Each earlier point averages the available scores of this quarter’s 6-company panel in that quarter; companies without a score in an earlier quarter don’t contribute, so the number behind each point can vary.
Earnings-call analysis · calendar 2026 Q2
What management and analysts said on calls mapped to this calendar quarter.
Four of the six companies moved up a point and none fell, lifting the industry average sentiment score from 8 to 8.67. The one that cuts against the obvious read is Fortive (FTV), which rose from 5 to 6 even though its reported revenue of nearly $1.1 billion fell 27.79% against a pre-spin prior-year base that still included Ralliant. On a continuing-operations basis, Fortive grew almost 8% and 6.7% on a core basis, so the drop is a spin-off comparison, not shrinking demand. Keysight Technologies (KEYS) went from 9 to 10, while Garmin (GRMN) and Teledyne Technologies (TDY) each moved from 8 to 9. Coherent (COHR) and Trimble (TRMB) held at 9.
Market context
Public price data. It covers the trailing year to the latest close, not calendar 2026 Q2.
Method
A composite score derived from averaging overall earnings sentiment across all analyzed companies in this industry for the selected calendar quarter. Score is 0–10 (10 = most positive).
| Signal | Companies | Direction breakdown |
|---|---|---|
| CAPEX | 6 | 51 |
| Supply Chain | 5 | 113 |
| Trade & Tariffs | 3 | 12 |
% change over the trailing year, log scale. 1Y and YTD are each name’s own price return. Equal-weight: average of every full-history member, weighted equally, not rebalanced.