TE Connectivity (TEL) Stock Forecast & Price Target

$149.84 -2.89 (-1.89%)

(As of 11/26/2024 ET)

TE Connectivity - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
1

Hold
6

Buy
5

Based on 12 Wall Street analysts who have issued ratings for TE Connectivity in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 6 have given a hold rating, and 5 have given a buy rating for TEL.

Consensus Price Target

$159.55
6.48% Upside

According to the 12 analysts' twelve-month price targets for TE Connectivity, the average price target is $159.55. The highest price target for TEL is $180.00, while the lowest price target for TEL is $137.00. The average price target represents a forecasted upside of 6.48% from the current price of $149.84.

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TEL Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	6 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$159.55	$161.82	$158.45	$142.14
Forecasted Upside	6.48% Upside	8.51% Upside	4.76% Upside	8.80% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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TEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

TE Connectivity Stock vs. The Competition

Type	TE Connectivity	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.33	2.68	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	6.31% Upside	526.47% Upside	6.81% Upside
News Sentiment Rating	Positive News See Recent TEL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/31/2024	Hsbc Global Res 0 of 5 stars	S. Bersey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Moderate Sell
10/31/2024	HSBC 2 of 5 stars		Downgrade	Hold ➝ Reduce	$137.00	-9.77%
10/9/2024	Bank of America 4 of 5 stars		Lower Target	Buy ➝ Buy	$173.00 ➝ $165.00	+11.86%
10/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$189.00 ➝ $179.00	+21.00%
9/20/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$155.00 ➝ $153.00	+3.71%
9/5/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform
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7/25/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$151.00 ➝ $156.00	-0.19%
7/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$162.00 ➝ $170.00	+8.38%
7/23/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Mccarthy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$155.00	+1.35%
4/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$170.00 ➝ $169.00	+20.56%
4/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$180.00	+24.33%
1/25/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$140.00 ➝ $145.00	+0.80%
1/5/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$146.00	+10.22%
10/6/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$115.00 ➝ $140.00	+15.77%
6/20/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$138.00 ➝ $150.00	+10.58%
5/5/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	In-Line ➝ Outperform	$130.00 ➝ $150.00	+25.70%
12/6/2022	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:40 PM ET.

Should I Buy TE Connectivity Stock? TEL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these TE Connectivity pros and cons to contact@marketbeat.com.

TE Connectivity
Bull Case

Here are some ways that investors could benefit from investing in TE Connectivity Ltd.:

TE Connectivity Ltd. recently reported earnings per share (EPS) of $1.95, meeting analysts' expectations, which indicates strong financial performance and stability.
The company has initiated a stock buyback program allowing for the repurchase of up to $2.50 billion in shares, signaling management's belief that the stock is undervalued and potentially enhancing shareholder value.
TE Connectivity Ltd. has shown a year-over-year revenue increase of 0.8%, demonstrating resilience and growth in a competitive market.
The current stock price is $150.73, which is within a healthy range compared to its 52-week high of $159.98, suggesting potential for appreciation.
With a return on equity of 18.48% and a net margin of 20.15%, the company showcases effective management and profitability, which are attractive traits for investors.

TE Connectivity
Bear Case

Investors should be bearish about investing in TE Connectivity Ltd. for these reasons:

Recent downgrades from analysts, including a reduction from "hold" to "moderate sell" by HSBC Global Research, may indicate concerns about the company's future performance.
TE Connectivity Ltd. has a relatively high beta of 1.33, suggesting that its stock price is more volatile than the market, which could pose risks for conservative investors.
The company's price-to-earnings (P/E) ratio of 14.68, while not excessively high, may suggest that the stock is fairly valued, limiting upside potential.
With a payout ratio of 25.32%, while sustainable, it indicates that a significant portion of earnings is retained, which may not appeal to income-focused investors seeking higher dividends.
Analysts have set a consensus target price of $159.55, which is only slightly above the current price, suggesting limited short-term upside potential.

TEL Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for TE Connectivity is $159.55, with a high forecast of $180.00 and a low forecast of $137.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There is currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TEL, but not buy additional shares or sell existing shares.
: According to analysts, TE Connectivity's stock has a predicted upside of 6.48% based on their 12-month stock forecasts.
: Over the previous 90 days, TE Connectivity's stock had 2 downgrades and 1 upgrade by analysts.
: TE Connectivity has been rated by research analysts at Bank of America, Hsbc Global Res, HSBC, The Goldman Sachs Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like TE Connectivity less than other "computer and technology" companies. The consensus rating for TE Connectivity is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how TEL compares to other companies.

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This page (NYSE:TEL) was last updated on 11/26/2024 by MarketBeat.com Staff

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TE Connectivity (TEL) Stock Forecast & Price Target