TE Connectivity stock gains as Bernstein starts coverage
Published on 09/23/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TE Connectivity stock closed at USD 213.72 on the NYSE on September 23, 2026, up USD 3.71, or 1.77 percent, from the prior close. The move followed fresh analyst coverage and came with the shares still below their 52-week high of USD 252.56.
Bernstein sets USD 243 target
According to Investing.com on September 23, 2026, Bernstein SocGen Group initiated coverage with an Outperform rating and a USD 243.00 price target. That target is USD 29.28 above the September 23 closing price, an implied difference of 13.7 percent based on the stated levels.
The same report identified a concrete technology risk. Bernstein estimates that approximately 10 percent of fiscal 2028 earnings per share could be at risk if in-rack copper content is replaced by optical technology. Data centers account for roughly 15 percent of TE Connectivity revenue, while orders in that business were up 70 percent year to date, according to the report.
Fiscal Q3 beat expectations
TE Connectivity reported adjusted earnings of USD 2.94 per share for fiscal third-quarter 2026, above the USD 2.84 consensus estimate, while revenue reached USD 5.16 billion compared with the expected USD 5.01 billion, according to Investing.com on September 23, 2026. The earnings surprise was USD 0.10 per share, and revenue exceeded the cited forecast by USD 0.15 billion.
The valuation picture remains balanced rather than one-directional. MarketBeat listed an average analyst price target of USD 252.00 and a Moderate Buy consensus on September 23, 2026. The same data showed a market capitalization of USD 61.87 billion, a price-to-earnings ratio of 20.95 and volume of 1.14 million shares.
Stock remains below yearly high
The NYSE quote stood USD 38.84 below the 52-week high and USD 23.45 above the 52-week low of USD 190.27, both reported with the September 23, 2026 market snapshot. That range puts the stock closer to its lower boundary than its yearly peak, even after the latest daily gain.
For investors, the central comparison is between accelerating data-center demand and the longer-term substitution risk highlighted by Bernstein. Fiscal third-quarter revenue of USD 5.16 billion and adjusted EPS of USD 2.94 provide the latest reported operating reference, while the potential 10 percent fiscal 2028 EPS exposure defines the key counter-factor.
TE Connectivity stock closes at USD 213.72
TE Connectivity stock closed at USD 213.72 on the NYSE on September 23, 2026, with a daily gain of 1.77 percent. The market capitalization was USD 61.87 billion and the 52-week range was USD 190.27 to USD 252.56 in the same dated market snapshot.
TE Connectivity stock key data
- Company: TE Connectivity Ltd.
- ISIN: CH0102993182
- Ticker: TEL
- Trading venue: NYSE
- Price as of September 23, 2026: USD 213.72
- Market capitalization: USD 61.87 billion (as of September 23, 2026)
- Sector / Industry: Technology / Electronic Equipment, Instruments and Components
- Index membership: S&P 500
