TE Connectivity Posts Strong Q2 Results, Raises Outlook
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The latest update is out from TE Connectivity ( (TEL) ).
TE Connectivity reported strong results for its fiscal second quarter ended March 27, 2026, with net sales rising 15% year over year to $4.74 billion, driven by growth in both Industrial and Transportation segments. GAAP diluted EPS from continuing operations reached $2.90, while record adjusted EPS of $2.73 rose 24%, alongside higher operating margins, record orders of $5.3 billion and robust free cash flow of $1.3 billion.
Management highlighted that performance exceeded guidance, supported by demand in AI data centers, next‑generation transportation and electric grid modernization, and the company returned $1.2 billion to shareholders in the first half of the fiscal year while raising its quarterly dividend by 10%. For the third quarter of fiscal 2026, TE Connectivity expects about $5 billion in sales, implying 10% reported growth and a 17% rise in adjusted EPS, signaling continued double‑digit expansion and reinforcing its favorable positioning in key secular growth markets.
The most recent analyst rating on (TEL) stock is a Buy with a $285.00 price target. To see the full list of analyst forecasts on TE Connectivity stock, see the TEL Stock Forecast page.
Spark’s Take on TEL Stock
According to Spark, TipRanks’ AI Analyst, TEL is a Outperform.
The score is driven primarily by strong underlying financial quality (profitability and robust free cash flow) and a very constructive earnings outlook with raised AI expectations and record orders. These positives are tempered by weak technical momentum (below major moving averages with negative MACD) and a valuation that is not especially cheap, with a modest dividend yield.
To see Spark’s full report on TEL stock, click here.
More about TE Connectivity
TE Connectivity plc is a global industrial technology company that provides connectivity and sensor solutions that distribute power, signal and data. Its products support next‑generation transportation, energy networks, automated factories and data centers that enable artificial intelligence, serving customers in about 130 countries with a workforce of more than 90,000 employees.
Positioned as a key innovation partner in these infrastructure and mobility markets, the company focuses on enabling a safer, more sustainable and productive future. Its broad portfolio of interconnect technologies underpins critical applications across electric vehicles, grid modernization and high‑performance computing, reinforcing its role in long‑term secular trends.
Average Trading Volume: 2,242,180
Technical Sentiment Signal: Buy
Current Market Cap: $72.67B
Find detailed analytics on TEL stock on TipRanks’ Stock Analysis page.
