Based on the recent data and news, here's a concise analysis for TEL stock:
Technical Analysis
TEL stock is currently showing weakness, down 1.46% to $154.69 in the last trading session. The stock is trading above its 20-day moving average of $145.47, suggesting some short-term strength despite the recent pullback.
Recent Developments
TE Connectivity reported strong Q1 2025 results on January 22, with adjusted EPS of $1.95, beating consensus estimates of $1.89. The company's AI-related business is expected to grow significantly, projected to reach approximately $600 million in fiscal year 2025, representing a 100% increase from FY2024.
Analyst Sentiment
Recent analyst actions have been mixed to positive:
- Baird maintained Buy rating with PT raised to $168 (7.02% upside)
- B of A Securities maintained Strong Buy with PT raised to $170 (8.29% upside)
- Wells Fargo maintained Hold with PT of $155 (-1.26% upside)
Recommendation
Based on the technical setup and recent earnings beat, TEL stock appears to be a hold at current levels. While the company shows strong fundamentals and AI growth potential, the stock's recent pullback suggests waiting for a better entry point around the 20-day moving average of $145.47.