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TE Connectivity Plc (NYSE: TEL) Sees Price Target Increase from Truist Financial

  • Truist Financial raises TE Connectivity Plc (NYSE: TEL) price target to $255 from $200, indicating a 4.27% potential upside.
  • TEL reports quarterly adjusted earnings of $2.44 per share, beating estimates and marking a 25% year-over-year increase.
  • Company projects first-quarter adjusted earnings per share of $2.53 and sales of $4.50 billion, surpassing consensus estimates.

TE Connectivity Plc (NYSE: TEL), a leading global technology company specializing in connectivity and sensor solutions, competes with major industry players like Amphenol Corporation and Molex. On October 30, 2025, William Stein from Truist Financial updated the price target for TEL to $255, up from a previous target of $200, as reported by TheFly. At the time of the announcement, TEL was trading at $244.56, making this new target a 4.27% increase from the current price. This adjustment reflects a growing confidence in TEL's future performance.

Supporting this optimism are TEL's impressive fourth-quarter results. The company reported quarterly adjusted earnings of $2.44 per share, surpassing the anticipated $2.29 and marking a 25% increase from the previous year's $1.95. Revenue also saw a significant rise of 17% to $4.75 billion, exceeding the forecasted $4.58 billion and achieving an 11% organic growth.

Looking ahead, TEL projects its first-quarter adjusted earnings per share to reach $2.53, a 23% increase year over year, which is above analysts' estimates of $2.17. The company also anticipates sales of $4.50 billion, reflecting a 17% increase on a reported basis and 11% organically year over year, surpassing the consensus estimate of $4.34 billion.

CEO Terrence Curtin expressed satisfaction with the company's achievements, noting record highs in revenue, earnings, and cash flow for 2025. TEL's stock is currently priced at $244.72, reflecting an increase of approximately 1.64% or $3.96. The stock has fluctuated between a low of $240 and a high of $247.34 today, with a market capitalization of approximately $72.31 billion.