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Barchart
Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on TE Connectivity Stock?

With a market cap of $59.6 billion, TE Connectivity plc (TEL) is a global leader in designing and manufacturing connectivity and sensor solutions that enable the flow of power and data across diverse industries. It serves markets ranging from automotive and aerospace to energy, healthcare, and communications through its Transportation, Industrial, and Communication Solutions segments.

Shares of the Ballybrit, Ireland-based company have outpaced the broader market over the past 52 weeks. TEL stock has increased 34.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.3%. Moreover, the stock is up nearly 41% on a YTD basis, compared to SPX's 8.7% gain.

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