TE Connectivity (TEL) Q1 Earnings Beat Expectations with $4.67B Revenue Growth of 22%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Surprise: TE Connectivity reported a Q1 non-GAAP EPS of $2.72, beating expectations by $0.17, indicating strong market performance and boosting investor confidence.
- Significant Revenue Growth: The company achieved revenue of $4.67 billion, a 22% year-over-year increase, primarily driven by robust growth in the Industrial and Transportation segments, reflecting sustained market demand.
- Record Orders: TE Connectivity recorded $5.1 billion in orders for Q1, a 28% year-over-year increase and a 9% sequential rise, showcasing strong demand across its business sectors and enhancing its market position.
- Optimistic Outlook: The company anticipates Q2 fiscal 2026 sales of approximately $4.7 billion, a 13% year-over-year increase, with expected adjusted EPS of $2.65, indicating ongoing growth potential and profitability.
Analyst Views on TEL
Wall Street analysts forecast TEL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEL is 270.70 USD with a low forecast of 240.00 USD and a high forecast of 297.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 241.010
Low
240.00
Averages
270.70
High
297.00
Current: 241.010
Low
240.00
Averages
270.70
High
297.00
About TEL
TE Connectivity plc is a global industrial technology company. The Company’s range of connectivity and sensor solutions enable the distribution of power, signal, and data to advance next generation transportation, renewable energy, automated factories, data centers, medical technology, and more. The Company operates through two segments: Transportation Solutions and Industrial Solutions. Transportation Solutions segment includes its automotive, commercial transportation, and sensor businesses. The Industrial Solutions segment includes its aerospace, defense, and marine; medical; energy; digital data networks, and automation and connected living businesses. Its services and training include 3D Printing For Production (3D4P), Backshells Prototyping - BIT Workx, Electrical Installation Trainings, HarnWare Software, Machine Tooling Service & Repair, Medical Device Design Services, Microfluidic Devices and THE ACADEMY - Automotive Webinars.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
