TE Connectivity stock reports 14 percent sales growth after Q3 beat

Published on 10/04/2026 at 14:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TE Connectivity stock follows fiscal Q3 revenue of USD 5.16 billion on July 22, 2026, above USD 5.01 billion consensus. Bernstein set a USD 243 target on September 23.

Aquarellbild einer Schweizer Altstadt am Fluss mit modernem Glasbürogebäude im Zentrum — Zarte Aquarellmalerei einer Schweizer Flussstadt symbolisiert Hauptsitz-Region von TE Connectivity Ltd. (CH0102993182) mit modernem Glasgebäude, Illustration mit AI erstellt.

TE Connectivity (IE000IVNQZ81) was last at USD 220.36 on the NYSE on October 2, 2026 at 4:02 p.m. ET, up 1.19 percent from the prior session. The company reported 14 percent sales growth and 19 percent EPS growth for fiscal third-quarter 2026 on July 22, 2026, according to TE Connectivity. The combination of data-center demand and industrial expansion gives the latest quarter a broader base than an AI-only growth story.

Fiscal Q3 beat expectations

Fiscal Q3 revenue reached USD 5.16 billion, compared with USD 5.01 billion consensus, while adjusted EPS was USD 2.94 versus USD 2.84 expected, as Investing.com reported on September 23, 2026. The revenue comparison represents a USD 150 million beat, while adjusted EPS exceeded consensus by USD 0.10.

Structured financial data place fiscal Q3 revenue at USD 5.16 billion and operating profit at USD 981.0 million for the quarter ended June 26, 2026. Net income was USD 748.0 million, and operating margin was 19 percent, making profitability the key test after the top-line acceleration.

Bernstein adds a higher valuation marker

Bernstein initiated coverage at Outperform with a USD 243 price target on September 23, 2026, according to Investing.com. The target lies 10.3 percent above the October 2 price of USD 220.36, while the same report identified a risk that optical technology could put 10 percent of fiscal 2028 earnings per share at risk.

The published analyst consensus is Buy across 19 analysts, with an average target of USD 248.58, according to MarketScreener. That average stands 12.8 percent above the October 2 price, giving investors a clear valuation comparison after the earnings beat.

Stock remains below its yearly high

TE Connectivity stock was last at USD 220.36 on October 2, 2026, with a session high of USD 222.54 and a session low of USD 217.66. The USD 63.9 billion company remains below its 52-week high of USD 252.56 and above its 52-week low of USD 190.27, leaving the earnings result and data-center risk as the main valuation reference points.