TE Connectivity (TEL) Stock Forecast & Price Target

$145.38

+0.70 (+0.48%)

(As of 10/4/2024 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 14 Analyst Ratings

Sell
0

Hold
8

Buy
6

Based on 14 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 14 analysts, 8 have given a hold rating, and 6 have given a buy rating for TEL.

Consensus Price Target

$160.42
10.34% Upside

According to the 14 analysts' twelve-month price targets for TE Connectivity, the average price target is $160.42. The highest price target for TEL is $180.00, while the lowest price target for TEL is $140.00. The average price target represents a forecasted upside of 10.34% from the current price of $145.38.

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TEL Analyst Ratings Over Time

Type	Current Forecast 10/6/23 to 10/5/24	1 Month Ago 9/6/23 to 9/5/24	3 Months Ago 7/8/23 to 7/7/24	1 Year Ago 10/6/22 to 10/6/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$160.42	$158.45	$155.13	$143.90
Forecasted Upside	10.34% Upside	7.74% Upside	3.81% Upside	16.08% 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	2.43	2.66	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	10.34% Upside	1,689.04% Upside	7.04% 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
10/1/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$189.00 ➝ $179.00	+21.00%
9/20/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$155.00 ➝ $153.00	+3.71%
9/5/2024	Wolfe Research 3 of 5 stars	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform
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%
7/24/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Bersey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
Get the Latest News and Ratings for TEL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for TE Connectivity and its competitors with MarketBeat's FREE daily newsletter.
7/24/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$162.00	+7.00%
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%
7/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$165.00 ➝ $170.00	+8.25%
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
11/3/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$147.00 ➝ $138.00	+21.68%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:18 AM 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, September 30, 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. has a current ratio of 1.51, indicating strong liquidity and ability to cover short-term obligations easily.
The company's debt-to-equity ratio of 0.23 suggests a conservative capital structure, reducing financial risk for investors.
TE Connectivity's recent quarterly earnings report beat analysts' consensus estimates, showing strong financial performance and potential for growth.
With a market capitalization of $44.01 billion, TE Connectivity is a well-established company with a significant presence in the market.
Despite a slight decrease in trading volume, the stock price of TE Connectivity has remained relatively stable, indicating investor confidence in the company.

TE Connectivity
Bear Case

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

The quick ratio of 0.99 is below the ideal value of 1, suggesting potential challenges in meeting immediate short-term obligations.
TE Connectivity's P/E ratio of 13.25 may indicate that the stock is currently overvalued compared to industry peers.
Insiders have been selling significant amounts of company stock, which could be perceived as a lack of confidence in future performance.
The company's P/E/G ratio of 1.95 may indicate that the stock is not undervalued considering its growth prospects.
TE Connectivity's 50-day simple moving average of $150.51 is below the current stock price, potentially signaling a short-term bearish trend.

TEL Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for TE Connectivity is $160.42, with a high forecast of $180.00 and a low forecast of $140.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 10.34% based on their 12-month stock forecasts.
: Over the previous 90 days, TE Connectivity's stock had 2 upgrades and 1 downgrade by analysts.
: TE Connectivity has been rated by research analysts at Bank of America, Hsbc Global Res, HSBC, Robert W. Baird, The Goldman Sachs Group, Truist Financial, Vertical Research, 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.