JP Morgan Raises TE Connectivity Price Target to $186 from $148.

Thursday, Jul 17, 2025 1:31 pm ET1min read

JP Morgan Raises TE Connectivity Price Target to $186 from $148.

In a significant move, JPMorgan analyst Samik Chatterjee has increased the price target for TE Connectivity (TEL, Financial) from $148 to $186, while maintaining a Neutral rating on the stock [1]. The adjustment reflects a positive outlook on the company's prospects in the hardware and networking sectors, anticipating a favorable impact by the second half of 2025 due to strong cloud expenditure [1].

This upgrade comes amidst a wave of analyst upgrades and price target increases for TE Connectivity. UBS Group, for instance, has raised its price target to $201, maintaining a Buy rating [2]. Citigroup has also upgraded its rating for TEL from Neutral to Buy and increased its price target to $200 [2]. The consensus among analysts is currently favorable, with an average one-year target price of $172.41 and a Moderate Buy rating [2].

TE Connectivity's recent earnings report has supported this bullish sentiment. The company reported earnings per share (EPS) of $2.10, beating the consensus estimate of $1.96, and revenue of $4.14 billion, up 4.4% year-over-year [2]. The industrial solutions segment experienced double-digit growth, driven by digital data networks and AI applications, while the transportation segment saw an adjusted operating margin above 20% [1].

Despite the positive outlook, the company faces challenges from recent tariff announcements, particularly impacting the industrial segment. Global auto production is also expected to decline, affecting the transportation segment [1]. However, the consensus remains optimistic, with TE Connectivity's stock reaching a new 52-week high during trading on Wednesday, July 2nd [3].

Investors should monitor TE Connectivity's future developments and consider the potential impact of these upgrades and price target increases on their investment strategies. As always, it is essential to conduct thorough research and consult with a financial advisor before making investment decisions.

References:
[1] https://www.gurufocus.com/news/2983549/te-connectivity-tel-sees-price-target-boost-from-jpmorgan-tel-stock-news
[2] https://www.ainvest.com/news/te-connectivity-ubs-maintains-buy-rating-pt-raised-201-2507/
[3] https://www.marketbeat.com/instant-alerts/te-connectivity-nysetel-hits-new-1-year-high-should-you-buy-2025-07-16/

JP Morgan Raises TE Connectivity Price Target to $186 from $148.

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