With a market cap of $48.6 billion, TE Connectivity plc (TEL) is a global industrial technology company specializing in the design and manufacture of connectivity and sensor solutions. These products enable the distribution of power, signal, and data across various industries, including transportation, energy, industrial automation, medical technology, and data communications.

Shares of TEL have underperformed the broader market over the past 52 weeks. TEL stock has increased 7.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.5%. However, shares of TEL are up 13.9% on a YTD basis, outpacing $SPX's 1.4% gain.

In addition, TE Connectivity has lagged behind the Technology Select Sector SPDR Fund's (XLK) 10.7% return over the past 52 weeks but has surpassed its marginal rise in 2025.

On Apr. 23, TE Connectivity posted its second-quarter earnings, and its shares jumped 2% following the results release and 5.5% in the next trading session. Its revenue rose 4% year-over-year to $4.14 billion, and adjusted EPS stood at $2.10, up 13%, both beating expectations. The company also returned $1 billion to shareholders and raised its dividend by 9%. Looking ahead, TE expects continued momentum from AI and energy infrastructure, forecasting Q3 revenue of $4.3 billion and EPS of $2.06. 

For the fiscal year ending in September 2025, analysts expect TEL's EPS to grow 9.1% year-over-year to $8.25. The company's earnings surprise history is promising. It beat or touched the consensus estimates in the last four quarters.

Among the 14 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on nine “Strong Buy” ratings and five “Holds.” 

The current consensus is less bullish than a month ago, when it had eight “Strong Buy” suggestions. 

On May 19, Wells Fargo & Company (WFC) maintained its "Equal-Weight" rating on TE Connectivity, with analyst Colin Langan closely monitoring the company's market performance. The firm also raised its price target from $148 to $156, signaling a more optimistic view of the stock's potential. 

As of writing, TEL is trading above the mean price target of $162. The Street-high price target of $184 implies a potential upside of 13% from the current price levels.