TE Connectivity announces first quarter results for fiscal year 2025

Go back to TE Connectivity announces first quarter results for fiscal year 2025

TE Connectivity (TEL) PT Lowered to $163 at Truist Securities

January 22, 2025 4:49 PM EST

Truist Securities analyst William Stein lowered the price target on TE Connectivity (NYSE: TEL) to $163.00 (from $165.00) while maintaining a Hold rating.

The analyst comments "AI strength continues to offset Transportation weakness. Echoing TEL's performance in CQ3, the company's 4QCY24 & guidance showed strong execution (good... More

TE Connectivity (TEL) PT Raised to $165 at Citi

January 22, 2025 1:54 PM EST

Citi analyst Asiya Merchant raised the price target on TE Connectivity (NYSE: TEL) to $165.00 (from $160.00) while maintaining a Neutral rating.

The analyst comments "TEL reported results inline on sales (organically flat ex-FX impacts) while EPS upsided on improved profitability and better-than-guided non-OI items.... More

TE Connectivity (TEL) PT Raised to $170 at BofA Securities

January 22, 2025 12:39 PM EST

BofA Securities analyst Wamsi Mohan raised the price target on TE Connectivity (NYSE: TEL) to $170.00 (from $167.00) while maintaining a Buy rating.

The analyst comments "TEL reported F1Q25 revenue/EPS of $3.84bn/$1.95 vs. $3.86bn/$1.86 (BofA) and $3.9bn/$1.90 (Street) largely from higher FX headwinds... More

Evercore ISI Reiterates Outperform Rating on TE Connectivity (TEL) Following EPS

January 22, 2025 12:22 PM EST

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $180.00 price target on TE Connectivity (NYSE: TEL) following earnings earlier today.

The analyst commented, "TEL reported Dec-qtr results of $3.84B/$1.95below street expectations on sales but above street expectations for EPS (street at $3.9B/$1.89) the revenue headwind looks largely driven by f/x along with pockets of softness in CV and medical segments. Despite total sales being flattish y/y, margins shifted to 19.4% and were up 30bps on a y/y basis, and EPS came above guidance (+6% y/y). Transportation Solutions... More