The Latest Breaking News from TE Connectivity

While TE Connectivity trails behind the broader benchmarks over the past year, Wall Street analysts remain cautiously optimistic about the stock’s future.

TE Connectivity is all set to release its fiscal fourth-quarter earnings later this month, and analysts project a single-digit profit growth.

TE Connectivity has underperformed other technology stocks over the past year, yet analysts remain moderately bullish about the stock’s prospects.

As TE Connectivity prepares to unveil its third-quarter earnings this month, analysts anticipate an increase in its bottom line.

Despite TE Connectivity consistently underperforming the technology sector, Wall Street analysts remain cautiously optimistic about the stock’s outlook.

With the surge in demand for data centers due to artificial intelligence, these two industrial companies play crucial roles in providing essential infrastructure components, making them attractive choices for investors seeking dividends and growth in this rapidly evolving sector.

Analysts have provided the following ratings for TE Connectivity (NYSE:TEL) within the last quarter:

TE Connectivity (NYSE:TEL) has outperformed the market over the past 10 years by 2.73% on an annualized basis producing an average annual return of 13.2%. Currently, TE Connectivity has a market capitalization of $36.39 billion.

Analysts have provided the following ratings for TE Connectivity (NYSE:TEL) within the last quarter:

TE Connectivity (NYSE:TEL) has outperformed the market over the past 15 years by 1.28% on an annualized basis producing an average annual return of 8.16%. Currently, TE Connectivity has a market capitalization of $41.75 billion.

RBC Capital has decided to maintain its Outperform rating of TE Connectivity (NYSE:TEL) and raise its price target from $153.00 to $158.00. Shares of TE Connectivity are trading down 0.2% over the last 24 hours, at $124.93 per share.