TE Connectivity Ltd. (TEL)
NYSE: TEL · IEX Real-Time Price · USD
149.94
+1.47 (0.99%)
Jul 2, 2024, 4:00 PM EDT - Market closed
TE Connectivity Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for TE Connectivity stock have an average target of 155.2, with a low estimate of 140 and a high estimate of 180. The average target predicts an increase of 3.51% from the current stock price of 149.94.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TEL stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 7 | 7 | 7 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $152 → $150 | Hold | Maintains | $152 → $150 | +0.04% | Jun 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $170 → $169 | Hold | Maintains | $170 → $169 | +12.71% | Apr 25, 2024 |
| Baird | Baird | Buy Maintains $159 → $158 | Buy | Maintains | $159 → $158 | +5.38% | Apr 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $169 → $170 | Hold | Maintains | $169 → $170 | +13.38% | Apr 11, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $180 | Strong Buy | Initiates | $180 | +20.05% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
16.11B
from 16.03B
Increased by 0.46%
Revenue Next Year
17.22B
from 16.11B
Increased by 6.93%
EPS This Year
7.58
from 6.03
Increased by 25.69%
EPS Next Year
8.39
from 7.58
Increased by 10.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.0B | 19.9B | 20.8B | 20.3B | 21.2B |
| Avg | 16.1B | 17.2B | 18.5B | 19.0B | 19.8B |
| Low | 15.5B | 16.2B | 17.1B | 17.8B | 18.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8% | 23.3% | 20.9% | 9.8% | 11.7% |
| Avg | 0.5% | 6.9% | 7.4% | 2.5% | 4.5% |
| Low | -3.2% | 0.8% | -1.0% | -3.6% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.99 | 9.78 | 10.78 | 10.13 | 10.92 |
| Avg | 7.58 | 8.39 | 9.42 | 9.53 | 10.20 |
| Low | 7.28 | 7.63 | 8.37 | 9.05 | 9.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.5% | 29.1% | 28.5% | 7.5% | 14.5% |
| Avg | 25.7% | 10.7% | 12.4% | 1.2% | 7.0% |
| Low | 20.8% | 0.7% | -0.2% | -4.0% | 0.7% |
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.