Analyst Consensus ?
ConsensusHold29 ratings
Bullish1448.3%
Neutral1551.7%
Bearish00.0%
TE Connectivity plc · TEL · FY2025 Q2 · Calendar Q2 2025
TE Connectivity: AI and industrial demand support maintained outlook
The supplied analysis supports a constructive but conditional view: resilient AI, industrial, energy, and aerospace demand can support growth, but tariff execution, regional automotive weakness, and medical normalization test the durability of margins and orders.
Reported Before market openNYSETechnology
$61.56B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.96
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $3.97B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+2.0%
Event window
SPY move
+1.5%
Same window
Abnormal move
+0.4%
Stock minus SPY
Volume
1.4×
Versus trailing sessions
Subsequent drift
+17.2%
Up to 20 sessions
TELSPY benchmark
Ask FN2 about TEL FY2025 Q2
Transcript, numbers and history already loaded
What drove TEL's +2.0% move after FY2025 Q2 earnings?What changed in TEL's guidance and outlook in FY2025 Q2?Give me the bull and bear case for TEL after FY2025 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the supplied prior-quarter analysis, Q2 added the Richards acquisition, raised the expected FY2025 AI-related revenue threshold from over $600 million to over $700 million, and specified a tariff model with sourcing and pricing mitigation. Q2 performance also beat guidance while Q3 guidance remained maintained.
Guidance delta
Guidance sentiment remained maintained. The supplied analysis says Q3 outlook calls for sequential sales growth to $4.3 billion and adjusted EPS of $2.06.
Key takeaways
- Q2 performance beat guidance, with industrial growth led by AI data-center connectivity, energy grid hardening, and aerospace and defense.
- Management described localized manufacturing as a way to limit tariff exposure and cited mitigation through sourcing changes and pricing actions.
- The Richards acquisition adds utility-market capabilities and roughly $70 million of incremental sales, according to the supplied analysis.
- Management expects FY2025 AI-related revenue to exceed $700 million and continues to emphasize cash generation, buybacks, and the dividend.
Management priorities
- Ramp AI program shipments and expand data-center connectivity.
- Integrate the Richards acquisition and broaden utility-market offerings.
- Continue localization, selective acquisitions, and investment in automation, connected living, and energy solutions.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$212.64Current
$123Low
$210.81Average
$300High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Oct 7, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Oct 6, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Sep 11, 2026 |
| Baird | Outperform | Outperform | Maintain | Jul 23, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 13, 2026 |
| Evercore ISI Group | In Line | Outperform | Downgrade | Jun 22, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jun 15, 2026 |
| Truist Securities | Hold | Hold | Maintain | Apr 23, 2026 |
| HSBC | Hold | Buy | Downgrade | Apr 23, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Feb 13, 2026 |
| TD Cowen | Buy | Buy | Maintain | Nov 17, 2025 |
| JP Morgan | Neutral | Neutral | Maintain | Oct 30, 2025 |
| B of A Securities | Buy | Buy | Maintain | Jul 10, 2025 |
| Stifel | Hold | Hold | Maintain | Jan 25, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Jun 20, 2023 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Feb 9, 2023 |
| Jefferies | Buy | Buy | Maintain | Jan 26, 2023 |
| RBC Capital | Outperform | Outperform | Maintain | Nov 3, 2022 |
| Cowen & Co. | Market Perform | Market Perform | Maintain | Jun 30, 2022 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jun 10, 2022 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | Jul 30, 2020 |
| CFRA | Buy | Buy | Maintain | Apr 29, 2020 |
| Citi | Neutral | Buy | Downgrade | Oct 9, 2019 |
| Cross Research | Hold | Buy | Downgrade | Jul 16, 2019 |
| Longbow Research | Neutral | Buy | Downgrade | Jun 17, 2019 |
| Berenberg | Hold | Hold | Maintain | Mar 2, 2016 |
| Deutsche Bank | Hold | Hold | Maintain | Apr 23, 2015 |
| Bank of America | Buy | Neutral | Upgrade | Apr 11, 2014 |
| Macquarie | Outperform | Neutral | Upgrade | May 16, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $212.64. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Joseph Spak | $253 | $219.51 | +19.0% | Oct 7, 2026 |
| Industrial Alliance Securities | Analyst unavailable | $288 | $218.93 | +35.4% | Oct 6, 2026 |
| Bernstein | Analyst unavailable | $243 | $213.48 | +14.3% | Sep 23, 2026 |
| Wells Fargo | Analyst unavailable | $220 | $204.63 | +3.5% | Sep 11, 2026 |
| UBS | Joseph Spak | $241 | $198.43 | +13.3% | Jul 23, 2026 |
| Robert W. Baird | Luke Junk | $225 | $200.94 | +5.8% | Jul 23, 2026 |
| Evercore ISI | Analyst unavailable | $230 | $217.64 | +8.2% | Jun 22, 2026 |
| Barclays | Guy Hardwick | $300 | $210.38 | +41.1% | Jun 15, 2026 |
| UBS | Analyst unavailable | $261 | $218 | +22.7% | Apr 23, 2026 |
| Wells Fargo | Analyst unavailable | $226 | $221.01 | +6.3% | Apr 23, 2026 |
| HSBC | Analyst unavailable | $234 | $221.01 | +10.0% | Apr 23, 2026 |
| Goldman Sachs | Analyst unavailable | $286 | $221.01 | +34.5% | Apr 22, 2026 |
| Goldman Sachs | Mark Delaney | $270 | $234.33 | +27.0% | Apr 14, 2026 |
| UBS | Analyst unavailable | $272 | $234.33 | +27.9% | Apr 14, 2026 |
| Oppenheimer | Analyst unavailable | $285 | $231.68 | +34.0% | Feb 13, 2026 |
| Oppenheimer | Analyst unavailable | $270 | $225.49 | +27.0% | Jan 27, 2026 |
| Barclays | Guy Hardwick | $302 | $231.35 | +42.0% | Jan 23, 2026 |
| Truist Financial | Analyst unavailable | $244 | $231 | +14.7% | Jan 22, 2026 |
| Wells Fargo | Colin Langan | $249 | $231 | +17.1% | Jan 22, 2026 |
| Goldman Sachs | Mark Delaney | $306 | $231 | +43.9% | Jan 21, 2026 |
| Goldman Sachs | Analyst unavailable | $304 | $237.3 | +43.0% | Jan 15, 2026 |
| UBS | Analyst unavailable | $283 | $237.22 | +33.1% | Jan 14, 2026 |
| Truist Financial | Analyst unavailable | $240 | $225.97 | +12.9% | Dec 19, 2025 |
| Truist Financial | Analyst unavailable | $239 | $214.49 | +12.4% | Nov 21, 2025 |
| Barclays | Analyst unavailable | $297 | $214.49 | +39.7% | Nov 21, 2025 |
| Barclays | Analyst unavailable | $277 | $246.87 | +30.3% | Nov 4, 2025 |
| Truist Financial | William Stein | $255 | $244.56 | +19.9% | Oct 30, 2025 |
| UBS | Analyst unavailable | $280 | $246.76 | +31.7% | Oct 30, 2025 |
| Robert W. Baird | Analyst unavailable | $238 | $222.46 | +11.9% | Oct 10, 2025 |
| Barclays | Guy Hardwick | $249 | $222.07 | +17.1% | Oct 7, 2025 |
| UBS | Analyst unavailable | $260 | $223.54 | +22.3% | Oct 6, 2025 |
| Goldman Sachs | Mark Delaney | $263 | $217.04 | +23.7% | Sep 29, 2025 |
| Robert W. Baird | Luke Junk | $222 | $205.98 | +4.4% | Sep 3, 2025 |
| Robert W. Baird | Luke Junk | $232 | $205.29 | +9.1% | Sep 3, 2025 |
| Truist Financial | William Stein | $165 | $149.95 | -22.4% | Dec 16, 2024 |
| HSBC | Stephen Bersey | $137 | $151.79 | -35.6% | Oct 31, 2024 |
| Citigroup | Asiya Merchant | $160 | $154.53 | -24.8% | Jul 25, 2024 |
| HSBC | Stephen Bersey | $162 | $151.4 | -23.8% | Jul 24, 2024 |
| Evercore ISI | Amit Daryanani | $175 | $150 | -17.7% | May 24, 2024 |
| Robert W. Baird | David Leiker | $165 | $151.69 | -22.4% | May 21, 2024 |
| Robert W. Baird | Luke Junk | $158 | $140 | -25.7% | Apr 25, 2024 |
| Stifel Nicolaus | Matthew Sheerin | $150 | $140 | -29.5% | Apr 24, 2024 |
| Jefferies | Saree Boroditsky | $180 | $144.78 | -15.3% | Apr 9, 2024 |
| Credit Suisse | Analyst unavailable | $123 | $123.88 | -42.2% | Dec 13, 2022 |
| Morgan Stanley | Analyst unavailable | $140 | $127.79 | -34.2% | Jun 10, 2022 |
| RBC Capital | Analyst unavailable | $158 | $124.56 | -25.7% | Apr 28, 2022 |
| Morgan Stanley | Analyst unavailable | $151 | $123.3 | -29.0% | Apr 25, 2022 |
| Evercore ISI | Amit Daryanani | $183 | $143.48 | -13.9% | Feb 20, 2022 |
| Citigroup | Jim Suva | $155 | $140.42 | -27.1% | Jan 30, 2022 |
| Stifel Nicolaus | Matthew Sheerin | $170 | $160.8 | -20.1% | Dec 31, 2021 |
| Wolfe Research | Rod Lache | $190 | $160.04 | -10.6% | Nov 9, 2021 |
| UBS | Christopher Snyder | $175 | $144.26 | -17.7% | Oct 28, 2021 |
| Cowen & Co. | Joseph C Giordano | $160 | $149.2 | -24.8% | Aug 23, 2021 |
| Oppenheimer | Christopher Glynn | $155 | $146.04 | -27.1% | Jul 30, 2021 |
| Benchmark Co. | David Williams | $145 | $132.91 | -31.8% | Apr 23, 2021 |
Track every rating change on TEL the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationTE Connectivity plc, together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through two reportable segments, Transportation Solutions and Industrial Solutions. It provides antennas, application tooling, cable assemblies, connectors, electromagnetic compatibility/electromagnetic interference solutions, energy and power, fiber optics, heat shrink tubing, identification and labeling, medical components, passive components, relays and contactors, sensors, switches, terminals and splices, wires and cables, and wire protection and management solutions.…
Historical context
All TEL earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| WIT Wipro Limited | FY2027 Q2 · Calendar Q4 2026 | -25.0% | +3.9% | Wipro: AI pipeline expands as Q3 guidance stays narrow |
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
| ASML ASML Holding N.V. | FY2026 Q3 · Calendar Q4 2026 | +20.4% | -3.9% | ASML: Record Q3, strong AI demand and broader capacity plans |
Latest beats and misses
Who reports nextBeat on EPS
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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-09T00:03:27.736600+00:00
- Polygon adjusted daily market bars · 2026-10-17T08:20:42.880524+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T08:20:42.877486+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.