TE Connectivity (TEL) Stock Forecast & Price Target

$152.71

+2.63 (+1.75%)

(As of 08/21/2024 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 13 Analyst Ratings

Based on 13 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 13 analysts, 8 have given a hold rating, and 5 have given a buy rating for TEL.

Consensus Price Target

$158.45
3.76% Upside

High Forecast	$180.00
Average Forecast	$158.45
Low Forecast	$140.00

According to the 13 analysts' twelve-month price targets for TE Connectivity, the average price target is $158.45. 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 3.76% from the current price of $152.71.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Hold	Hold	Hold	Hold
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)	4 Buy rating(s)	3 Buy rating(s)
Hold	8 Hold rating(s)	6 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	$158.45	$156.60	$153.89	$144.33
Forecasted Upside	3.76% Upside	9.86% Upside	11.11% Upside	12.85% Upside

Get TE Connectivity Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for TEL and its competitors with MarketBeat's FREE daily newsletter.

Ad Colonial Metals

Wanted Dead: Petrodollar

The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.

In answer to this issue, we have released a Special Report to the public.

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	2.38	2.62	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	3.76% Upside	354.31% Upside	8.75% Upside
News Sentiment Rating	Positive News	Neutral 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
7/25/2024	Truist Financial 1 of 5 stars		Boost Target	Hold ➝ Hold	$151.00 ➝ $156.00	-0.19%
7/25/2024	Robert W. Baird 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$162.00 ➝ $170.00	+8.38%
7/24/2024	Hsbc Global Res 0 of 5 stars	S. Bersey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
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%
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.
6/25/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$152.00 ➝ $150.00	+0.46%
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%
4/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
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%
2/9/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
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 Thursday at 08:40 AM ET.

TEL Forecast - Frequently Asked Questions

What is TE Connectivity's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for TE Connectivity is $158.45, with a high forecast of $180.00 and a low forecast of $140.00.
Should I buy or sell TE Connectivity stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last twelve months. There are currently 8 hold ratings and 5 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.
Does TE Connectivity's stock price have much upside?: According to analysts, TE Connectivity's stock has a predicted upside of 8.53% based on their 12-month stock forecasts.
Has TE Connectivity been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, TE Connectivity's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover TE Connectivity?: TE Connectivity has been rated by research analysts at Bank of America, Hsbc Global Res, HSBC, Robert W. Baird, Truist Financial, Vertical Research, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like TE Connectivity more than its competitors?: 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.