moneyheap
TEL · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is TE Connectivity plc (TEL) stock moving?
TE reported a strong fiscal Q4 on Oct 28, with record sales of $5.3B (up 12%), adjusted EPS of $3.14 (up 21%), and orders of $6.1B (up 29%). Full-year sales reached $19.9B (up 15%) and orders $22.2B (up 27%). Management guided fiscal Q1 2027 sales and adjusted EPS above consensus ($5.35B vs $5.13B, $3.30 vs $3.01) and expects double-digit sales growth for fiscal 2027, with AI and data-center demand cited as the driver. Analysts responded with higher targets: UBS to $263 (Buy), Citigroup to $260 (Buy), Barclays to $304 (Overweight), and Truist to $235 (Hold). Company actions include $1.6B committed to bolt-on acquisitions, an India plant expansion, and a new high-voltage connector. The General Counsel retirement is orderly, with a successor named. The stock's reaction was mixed: it hit an intraday high of 230 on Oct 28 but closed at 221.24 after a sharp reversal to a low of 206.07. It peaked at a 225.35 close on Oct 27 and fell to 206.36 on Nov 5 on heavy volume of 2.87M. It then rebounded to 218.75 on Nov 9 and closed at 217.76 on Nov 10, close to the middle of the 30-day range of roughly 205 to 230. The 10-K filed Nov 9 was listed but its content was not provided, so it is not reflected here.
News behind the analysis
- TE Connectivity Reports Fiscal Fourth Quarter and Full Year 2026 ResultsRecord fiscal Q4 sales of $5.3B (up 12%) and adjusted EPS of $3.14 (up 21%). Fiscal 2027 outlook calls for double-digit sales growth and Q1 sales up mid-teens.
- TE Connectivity Q4 Adj. EPS $3.14 Beats $3.07 Estimate, Sales $5.312B Beat $5.282B EstimateFiscal Q4 adjusted EPS and sales both came in above consensus estimates.
- TE Connectivity Sees Q1 Adj EPS $3.30 vs $3.01 Est; Sees Sales $5.350B vs $5.131B EstGuidance for fiscal Q1 2027 sits well above analyst estimates on both adjusted EPS and sales.
- UBS Maintains Buy on TE Connectivity, Raises Price Target to $263UBS kept its Buy rating and lifted its price target from $253 to $263.
- Citigroup Maintains Buy on TE Connectivity, Raises Price Target to $260Citigroup kept its Buy rating and raised its price target to $260.
- Truist Securities Adjusts Price Target on TE Connectivity to $235 From $215Truist raised its price target to $235 but kept a Hold rating, the most cautious view among the recent updates.
- Barclays Maintains Overweight on TE Connectivity, Raises Price Target to $304Barclays kept its Overweight rating and raised its price target from $300 to $304, the highest target in the set.
- TE Connectivity Announces Executive Leadership TransitionGeneral Counsel John S. Jenkins, Jr. will retire in March 2027, and Jennifer A. Johnson is set to join as successor in November 2026.
- TE Connectivity Expands Manufacturing Facility in IndiaTE invested about US$16.5M to expand its Shirwal, India plant to add local capacity.
About TE Connectivity plc
TE Connectivity is an Ireland-based maker of connectors, sensors, cables and other parts that carry power, data and signals inside cars, factory equipment, aircraft and data centers. It is one of the largest connector makers in the world. Its parts are designed into customers' products for years, and recent demand from AI data centers has added to growth.
How it makes money
It sells engineered components directly and through distributors. It reports two segments. Transportation (roughly 55-60% of sales) covers connectors and sensors for cars, commercial vehicles and EVs. Industrial (roughly 40-45%) covers automation, aerospace and defense, energy, medical and AI/cloud data-center connectivity. Fiscal 2026 (ended September) sales were a record of about $19.9 billion, up about 15%, and orders were about $22.2 billion.
What usually moves TEL
- Global auto and EV production
- AI data-center and cloud capital spending
- Industrial, energy and aerospace demand cycles
- Order trends and margin performance
- Currency moves and bolt-on acquisitions