TEL

- TE Connectivity is expected to report year over year increases in earnings and revenue for the September 2026 quarter, with analysts highlighting estimates that sit above broader consensus. - The company's recent pattern of beating earnings forecasts has become a focal point for investors who are assessing how consistently TE Connectivity converts sector demand into profit. - We now look at how TE Connectivity's anticipated earnings strength could reshape the broader investment narrative around the business. Scan how TE Connectivity compares with other industrials that analysts see as poised for earnings momentum by reviewing the curated list of solid balance sheet and fundamentals (26 results). To own TE Connectivity, you need to believe the business can keep turning demand in AI data centers, vehicle electrification and grid projects into steady earnings, without stretching its balance sheet or eroding profitability. The short term swing factor is whether current order strength in digital data networks and Energy proves durable rather than a temporary pull forward. The main operational risk remains cost pressure and long dated projects like higher power and optical programs that take years before contributing meaningfully. The latest expectations for another earnings and revenue increase are helpful near term, but do not fundamentally change that execution on margins and project discipline matters most. The clearest announcement tied to the current setup is CEO Terrence Curtin's upcoming appearance at the Baird 2026 Global Industrials Conference. A fireside chat with a webcast creates a focused moment for management to update how AI related data networks, Energy and transportation orders are converting into backlog, capacity plans and capital spending. For you as an investor, that session is less about headlines and more about detail on risks and catalysts. Listen for commentary on project timelines for higher power and optical content, any shift in order visibility into fiscal 2027, and how pricing, productivity and cost inflation are tracking. Analyst expectations sit in the background. The real tell is how confidently management talks about execution and discipline around long lead investments. TE Connectivity's narrative projects US$24.8b revenue and US$4.3b earnings by 2029. This implies 8.7% yearly revenue growth and an earnings increase of about US$1.3b from US$3.0b today. Uncover why TE Connectivity's fair value indicates a 20% potential upside to its current price, which could narrow quickly. One alternate view fixates on AI demand risk. Rather than leaning on TE Connectivity's AI order strength, the most cautious analysts assume revenue of about US$24.5b and earnings of roughly US$4.2b by 2029 with a lower 18.7x P/E. Their forecasts were set before this earnings setup, so you may see those stories evolve. Explore 4 other TE Connectivity fair value estimates, including one that suggests it could be worth just $215.00. Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so consider forming your own view. - A great starting point for your TE Connectivity research is our analysis highlighting 6 key rewards that could impact your investment decision. - See our latest analysis for TE Connectivity. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate TE Connectivity's overall financial health at a glance. If the TE Connectivity setup has you thinking about portfolio upgrades, it can help to line it up against other businesses with clear financial stories and different risk profiles. The Simply Wall St Screener lets you filter for the traits that matter most to you, whether that is balance sheet strength, income potential, or under followed opportunities. - For investors who want potential upside backed by solid finances, check out a curated 20 high quality undiscovered gems that pair strong fundamentals with limited market attention. - If steady income is a priority, focus on dividend payers by reviewing a hand picked group of 6 dividend fortresses that combine higher yields with an emphasis on resilience. - For a more defensive tilt, concentrate on financial strength and risk management by screening for 30 resilient stocks with low risk scores that score well on balance sheet quality and volatility. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TEL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

TE Connectivity (TEL) moves into focus as Wall Street anticipates higher earnings and revenue for the September 2026 quarter, with analysts more positive on the company amid broad electrification and AI infrastructure themes. Recent trading has been softer, with the share price down 2.7% over the past 90 days and the year to date share price return declining 10.6%. TE Connectivity's three year total shareholder return of 86.0% and five year total shareholder return of 55.7% still point to a stock where longer term holders have been rewarded, even as expectations around electrification and AI infrastructure keep reshaping how investors think about its risk and opportunity mix. Scan beyond TE Connectivity and explore additional electrification and AI infrastructure beneficiaries with our curated list of 55 AI infrastructure stocks. TE Connectivity now trades at a clear discount to both analyst targets and some intrinsic value estimates after a softer year to date share price. Is that a market misread, or a fair premium on caution as expectations rise? Against a last close of $208.42, the most followed narrative places TE Connectivity's fair value at about $249.42. This frames today's discount as a bet on whether current AI, energy and electrification tailwinds can translate into the earnings profile analysts are modeling. TE Connectivity is seeing AI related digital data networks orders up over 70% year to date and DDN sales up 34% year on year, while management now expects AI cloud revenue to exceed the prior US$3b target by fiscal 2027, which points to a growing contribution to revenue and earnings as this cycle plays through. See why 21 investors see TE Connectivity as 16% undervalued. Result: Fair Value of $249.42 (UNDERVALUED) Still, the bullish TE Connectivity narrative can unravel if AI and energy orders fade faster than expected, or if long lead projects like RAM Photonics absorb heavy investment without delivering the anticipated volume. Find out about the key risks to this TE Connectivity narrative. Sentiment around TE Connectivity is clearly optimistic, yet every thesis needs your own stress test and time frame. If you want to see exactly what others view as the upside drivers, review the 6 key rewards If you stop with TE Connectivity, you only see one angle. Broaden your watchlist with fresh candidates that fit clear, disciplined criteria using the Simply Wall Street Screener. - Target potential bargains by scanning companies with strong fundamentals that trade below their implied worth through the 29 high quality undervalued stocks. - Build a steadier income stream by focusing on businesses that offer higher yields while still meeting quality checks using the 6 dividend fortresses. - Lower portfolio stress by concentrating on companies that carry robust balance sheets and healthy financial profiles with the list of solid balance sheet and fundamentals (26 results). This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TEL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Wall Street expects a year-over-year increase in earnings on higher revenues when TE Connectivity (TEL) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 28. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This electronics maker is expected to post quarterly earnings of $3.08 per share in its upcoming report, which represents a year-over-year change of +26.2%. Revenues are expected to be $5.26 billion, up 10.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For TE Connectivity, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.16%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that TE Connectivity will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that TE Connectivity would post earnings of $2.85 per share when it actually produced earnings of $2.94, delivering a surprise of +3.16%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. TE Connectivity appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TE Connectivity Ltd. (TEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TE Connectivity (TEL) has two fresh catalysts on the calendar. Longtime director William A. Jeffrey plans to retire in 2027, and investors now look ahead to the fiscal 2026 earnings release on October 28. At a share price of US$214.31, TE Connectivity has seen short term momentum soften, with a 1-day share price return down 0.7% and a 7-day share price return down 1.6%. This comes even as the 30-day share price return of 4.6% and 90-day share price return of 7.0% point to improving sentiment. Over a longer horizon, total shareholder return has slipped 2.3% over the past year but remains strong over multi year periods, with 3-year total shareholder return of 80.4% and 5-year total shareholder return of 58.2%. This suggests the market has already priced in a significant part of TE Connectivity's past execution while reassessing near term risks and potential ahead of the upcoming results and the planned board transition. Compare TE Connectivity's setup around board changes and earnings with other potential opportunities by scanning our curated 27 high quality undervalued stocks that may also be reassessed as sentiment shifts. After a strong multi year run and a softer patch this year, TE Connectivity now sits at a crossroads. Is the bigger share price opportunity still in front of investors, or was most of it in the rear view mirror? On the most followed narrative, TE Connectivity screens below its implied value, with a fair value of $215 set against the last close of $214.31 and framed using a 9.72% discount rate that assumes solid earnings and margin progress. Although TE Connectivity reports over 30% growth in Digital Data Networks and more than 70% order growth tied to AI infrastructure, the downgrade in mid 2026 on AI demand uncertainty highlights the risk that large data center capacity additions commissioned today could face weaker utilization and pricing. This would pressure future DDN revenue and segment earnings. See why 3 investors see TE Connectivity as 0% undervalued. Result: Fair Value of $215 (UNDERVALUED) Still, if AI data center architectures keep favoring higher power content and the Astrodyne TDI acquisition integrates smoothly, TE Connectivity's earnings profile could appear more resilient than this narrative assumes. Find out about the key risks to this TE Connectivity narrative. Plenty in this TE Connectivity story points to optimism, yet the conclusion is still yours to shape. Act quickly, review the full reward profile, and see what stands out in the 5 key rewards. TE Connectivity may be front of mind today, but your next strong idea could come from a very different corner of the market. Do not let it slip past. Use the Simply Wall St Screener to quickly filter opportunities that fit your style, then pressure test them against what you have learned from TE Connectivity. - Target reliable income streams by scanning companies in the 8 dividend fortresses that might fit a more income focused playbook. - Hunt for potential mispriced opportunities by reviewing the 20 high quality undiscovered gems before attention and liquidity potentially shift their way. - Prioritize resilience first by checking the 31 resilient stocks with low risk scores so you are not caught off guard when conditions suddenly change. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TEL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

A month has gone by since the last earnings report for TE Connectivity (TEL). Shares have added about 0.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is TE Connectivity due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. TE Connectivity reported third-quarter fiscal 2026 adjusted earnings of $2.94 per share, up 22% year over year. The figure beat the Zacks Consensus Estimate of $2.85 by 3.2%.Net sales increased 14% year over year to $5.16 billion and surpassed the Zacks Consensus estimate by 3.14%. Growth across both the Industrial and Transportation segments supported performance. Orders reached a record $5.7 billion, rising 27% year over year. Transportation Solutions generated revenues of $2.58 billion, accounting for half of total sales. Segment revenues increased 7% on a reported basis and 5% organically from the year-ago quarter.Industrial Solutions also recorded revenues of $2.58 billion, representing the remaining half of sales. The figure climbed 22% year over year on a reported basis and 21% organically, reflecting broad-based demand across most of its businesses. Within Transportation Solutions, Automotive sales rose 5% to $1.91 billion, including 3% organic growth, supported by content outperformance in Asia and Europe. Commercial Transportation revenues advanced 20% to $434 million and increased 18% organically on strong content growth across all regions.Sensor’s revenues declined 1% to $233 million and fell 3% organically. The segment's adjusted operating income increased to $541 million from $486 million, while adjusted operating margin expanded 90 basis points to 21%. Digital Data Networks revenues surged 34% to $813 million on both a reported and organic basis, aided by continued momentum in artificial intelligence applications. Management indicated that orders support another strong sequential sales increase for the business in the fourth quarter.Energy sales increased 34% to $516 million, including 33% organic growth, driven by grid-hardening activity and data-center construction. Automation and Connected Living revenues rose 16% to $664 million, while Aerospace, Defense and Marine sales advanced 12% to $419 million. Medical revenues decreased 7% to $168 million. The segment's adjusted operating income increased to $588 million from $467 million, while adjusted operating margin expanded 70 basis points to 22.8%. In third-quarter fiscal 2026, GAAP gross margin expanded 26 basis points (bps) year over year to 35.6%.Selling, general and administrative expenses increased to $532 million from $491 million. Research, development and engineering expenses rose to $230 million from $211 million. GAAP operating income increased to $981 million from $857 million. Operating margin edged up 10 bps to 19%. Adjusted operating income rose to $1.13 billion from $953 million, while adjusted operating margin expanded 90 bps to 21.9%. As of June 26, 2026, cash and cash equivalents totaled $1.24 billion. Total debt was $5.63 billion. TE Connectivity generated $1.19 billion in cash from operating activities during the quarter, nearly unchanged from the prior-year period. Free cash flow declined to $883 million from $962 million.TEL repurchased $529 million of shares and paid $226 million in dividends during the quarter. For the fourth quarter of fiscal 2026, TE Connectivity expects sales of approximately $5.25 billion, indicating 11% growth on both a reported and organic basis. Adjusted earnings are projected to be approximately $3.05 per share, representing an 18% year-over-year increase.TEL also agreed to acquire Astrodyne TDI for approximately $1.4 billion. The business is expected to contribute annual sales of more than $250 million and expand the company's power-management portfolio within Industrial Solutions. In the past month, investors have witnessed a upward trend in estimates review. Currently, TE Connectivity has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a score of B on the value side, putting it in the second quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise TE Connectivity has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TE Connectivity Ltd. (TEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

TTM Technologies TTMI is scheduled to report second-quarter 2026 results after the market closes on Aug. 5.For the second quarter of 2026, TTMI expects net sales of $930-$970 million. The Zacks Consensus Estimate for revenues is pegged at $964.55 million, indicating a 32.02% increase from the year-ago quarter’s reported figure.TTM Technologies expects non-GAAP earnings between 82 cents and 88 cents per share. The consensus mark for earnings is pegged at 92 cents per share, down by 5 cents over the past 30 days. However, this marks strong year-over-year growth of 58.62%. Image Source: Zacks Investment Research The company’s earnings have surpassed the Zacks Consensus Estimate in the trailing four quarters, delivering an average earnings surprise of 9.49%. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for TTM Technologies this time around. According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here, as you can see below.TTMI has an Earnings ESP of -3.83% at present and a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. TTMI continues to expand manufacturing capacity and invest aggressively to support AI and defense opportunities, requiring meaningful capital deployment across its global footprint. Despite reporting record first-quarter revenues, operating cash flow was only $21.7 million, reflecting the impact of higher working-capital requirements and ongoing growth investments. As these expansion initiatives continue, elevated capital spending is likely to have weighed on free cash flow and near-term financial flexibility during the second quarter of 2026.TTM Technologies' automotive business remained a notable weak spot heading into the second quarter of 2026. Management said it continues to be highly selective in the automotive market, prioritizing higher-value, higher-margin products while reducing exposure to less attractive business. Although the company is supporting Tier 1 customers as they transition advanced technologies to adjacent markets, automotive revenues are still expected to account for only about 8% of second-quarter sales, with the earnings presentation also pointing to further rationalization in the segment. This ongoing weakness is expected to have partially offset stronger performance in other end markets and likely to have weighed on the quarter under review.TTM Technologies' growing reliance on AI-driven markets may have increased near-term execution risk despite fueling revenue growth. Management noted that approximately 80% of net sales are tied to the AI and defense megatrends, while data center and networking revenues are expected to rise from 36% of first-quarter sales to 42% in the second quarter as customers continue building AI infrastructure. This increasing concentration makes quarterly performance more dependent on sustained AI spending and customer deployment schedules, which is expected to have heightened the company's exposure to execution and demand risks in the quarter to be reported.However, TTM Technologies entered the second quarter with solid momentum in its aerospace and defense business, supported by strong bookings for key programs, including the LTAMDS Air Defense Radar, APS-153 maritime surveillance radar, ballistic missile detection and tracking systems, and its first confirmed booking supporting Golden Dome. The segment also delivered a book-to-bill ratio of 1.1 and maintained a program backlog of approximately $1.6 billion during the first quarter. With aerospace and defense expected to contribute 36% of second-quarter sales while delivering both sequential and year-over-year growth, this robust order pipeline is expected to have boosted the company's performance in the quarter under review. Over the past three months, TTM Technologies stock has declined 26.7% compared with the industry’s 6.8% drop. It has also underperformed peers like OSI Systems OSIS, TE Connectivity TEL and nVent Electri NVT. During the same timeframe, OSI Systems and nVent Electri fell 21.8% and 5.5%, respectively, while TE Connectivity inched up 0.2%, highlighting TTMI's relatively weaker share price performance. Image Source: Zacks Investment Research From a valuation perspective, TTMI appears overvalued, as suggested by the Value Score of D. It trades at a trailing 12-month price-to-earnings ratio of 51.08X, significantly above the industry’s average of 20.98X. In comparison, peers trade at more moderate multiples, with OSI Systems (22.5X), TE Connectivity (18.99X) and nVent Electric (35.36X). Image Source: Zacks Investment Research TTM Technologies' near-term outlook is clouded by several risks despite upbeat guidance. Aggressive investment in manufacturing capacity has pushed first-quarter free cash flow to negative $85 million, while foreign-exchange volatility and projected interest expense of about $10.6 million threaten earnings growth. The company's growing reliance on AI data center programs heightens concentration risk, and ongoing weakness in automotive, pricing pressure, elevated capital expenditures and fierce competition could constrain long-term returns. Even so, expanding AI data center deployments and a solid defense backlog could help offset these headwinds and support earnings growth over the longer term. TTM Technologies is trading at a premium valuation, and investors may be better off waiting for a more attractive entry point. Elevated capital spending, weak free cash flow, automotive softness and increasing dependence on AI-driven demand add to near-term execution risks. Coupled with a negative Zacks Earnings ESP, the stock appears less attractive ahead of the second-quarter earnings release.However, TTM Technologies remains well positioned to benefit from long-term investments in AI infrastructure and aerospace & defense. Expanding manufacturing capacity, a strong defense backlog and sustained demand for advanced interconnect and integrated electronics solutions are expected to support revenue growth and margin expansion over time.You can see the complete list of today’s Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TTM Technologies, Inc. (TTMI) : Free Stock Analysis Report TE Connectivity Ltd. (TEL) : Free Stock Analysis Report OSI Systems, Inc. (OSIS) : Free Stock Analysis Report nVent Electric PLC (NVT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). 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nVent Electric NVT is scheduled to release second-quarter 2026 results on July 31. For the second quarter of 2026, NVT expects sales to grow 28% to 30%, with an acquisition contribution of up to 5 points to sales. NVT’s organic sales growth is expected to be up 23% to 25%. The Zacks Consensus Estimate for second-quarter revenues is pegged at $1.25 billion, indicating a year-over-year increase of 30.2%. Adjusted EPS is expected to be between $1.12 and $1.15, which at the midpoint implies approximately a 30% increase from last year. The consensus mark for earnings is pegged at $1.16, up by a penny over the past 30 days, indicating 34.9% year-over-year growth. Image Source: Zacks Investment Research nVent Electric’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 4.96%. nVent Electric PLC price-eps-surprise | nVent Electric PLC Quote Our proven model conclusively predicts an earnings beat for nVent Electric this season. The combination of a positive Earnings ESP and Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That’s the exact case here. NVT currently has an Earnings ESP of +1.94% and sports a Zacks Rank #1. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. nVent Electric’s second-quarter performance is expected to have benefited from strong momentum in its infrastructure segment, particularly driven by growth in data centers and power utilities. nVent Electric is seeing very strong demand from data center customers, driven mainly by the growth in AI workloads. In the first quarter of 2026, organic orders rose around 40%, and management said most of this increase came from large liquid cooling orders for hyperscaler programs. The company ended the first quarter of 2026 with a record backlog of $2.6 billion, rising in the low double digits sequentially. Power utilities are becoming an important and steady source of growth for nVent Electric. NVT’s power utility vertical includes customers across both of its major segments, Systems Protection and Electrical Connections. Here, customers are upgrading equipment as electricity demand increases, especially with more data centers coming online. This creates steady demand for nVent Electric’s enclosures, power distribution products and related electrical equipment, all of which are expected to have contributed positively to the company’s first-quarter performance. NVT’s acquisitions of Trachte and Electrical Products Group (“EPG”) are expected to have contributed significantly to its first-quarter 2026 performance. The company sees both the acquired businesses performing better than expected, while finding new applications, including work tied to data center projects, which is expected to have driven revenue growth in the to-be-reported quarter. However, nVent Electric is dealing with higher costs from tariffs and inflation. In the first quarter of 2026, inflation impact totaled $60 million, which included around $40 million from tariffs. For 2026, nVent Electric forecasts approximately $80 million of incremental tariff-related costs, with most of the impact expected in the first half of 2026. This shows that tariffs remain a significant headwind, due to which margins could come under pressure during the first quarter of 2026. nVent Electric shares have surged 46.5% year to date, outperforming the Zacks Electronics - Miscellaneous Components industry’s decline of 17.7%. The stock also outperformed its industry peers, including Fabrinet FN, TE Connectivity TEL and OSI Systems OSIS. Year to date, shares of Fabrinet have gained 3.4%, while TE Connectivity and OSI Systems shares have lost 8.8% and 14.8%, respectively. Image Source: Zacks Investment Research nVent Electric is currently trading at a higher price-to-sales (P/S) multiple compared with the industry. NVT’s forward 12-month P/S ratio sits at 4.53X, higher than the industry’s forward 12-month P/S ratio of 3.76X. Image Source: Zacks Investment Research NVT stock also trades at a higher P/S multiple compared with other industry peers, including OSI Systems, Fabrinet and TE Connectivity. At present, OSI Systems, Fabrinet and TE Connectivity have P/S multiples of 1.84X, 2.89X and 2.79X, respectively. NVT’s rally reflects investor excitement about AI-related data center demand, putting it above industry and peers in terms of valuation, reflecting the high growth expectations of the company in the long term. nVent Electric is well-positioned to benefit from the rapid expansion of AI data centers and increasing investments in power infrastructure. The company continues to see strong demand across both gray space and white space data center applications, including liquid cooling, power distribution, cable management and engineered building solutions. As more AI data centers are built, demand for these products is expected to remain strong. nVent Electric is also benefiting from higher investments in power utilities as electric grids are upgraded to support rising electricity demand. At the same time, the company is expanding its manufacturing capacity and strengthening its data center business through acquisitions such as Trachte and EPG. These acquisitions have expanded nVent Electric's presence in modular data centers and engineered building solutions. Backed by a record backlog of $2.6 billion, along with strong order growth, nVent Electric remains well-positioned to benefit from long-term growth in AI infrastructure and grid modernization. nVent Electric is seeing steady demand from data centers and power utilities, which is helping drive strong orders and a growing backlog. Further, the stock’s valuation reflects high growth expectations from the company, which is set to benefit from strong long-term demand from AI-related data center projects. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report nVent Electric PLC (NVT) : Free Stock Analysis Report TE Connectivity Ltd. (TEL) : Free Stock Analysis Report OSI Systems, Inc. (OSIS) : Free Stock Analysis Report Fabrinet (FN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Amphenol APH is set to report its second-quarter 2026 results on July 29.The company expects second-quarter 2026 earnings between $1.14 per share and $1.16 per share, indicating growth between 43% and 45% year over year. The Zacks Consensus Estimate for second-quarter 2026 earnings has increased 2.6% to $1.19 per share over the past 30 days, suggesting 46.91% growth from the figure reported in the year-ago quarter.Amphenol expects second-quarter 2026 revenues between $8.1 billion and $8.2 billion, suggesting year-over-year growth in the 41-43% range. The Zacks Consensus Estimate for second-quarter revenues is pegged at $8.30 billion, indicating an increase of 46.92% from the figure reported in the year-ago quarter. Image Source: Zacks Investment Research Amphenol’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 14.08%. Amphenol Corporation price-eps-surprise | Amphenol Corporation Quote Let’s see how things have shaped up for the upcoming announcement. Amphenol’s second-quarter 2026 results are likely to have been driven by continued strength in the IT datacom business, supported by accelerating investments in AI infrastructure. The company projected a sequential increase in IT datacom sales in the low-teens percentage range as hyperscale and enterprise customers continued expanding AI data center deployments. IT datacom represented more than 40% of APH’s revenues in the first quarter of 2026, while sales jumped 99% year over year (81% organically) and 27% sequentially (16% organically).APH has noted exceptionally strong demand for its high-speed copper, power and fiber-optic interconnect solutions, while the CommScope acquisition significantly broadened its portfolio across these technologies, strengthening its competitive position in next-generation AI architectures. Record first-quarter bookings and a 1.24 book-to-bill ratio had also provided healthy demand visibility entering the second quarter.The to-be-reported quarter is also likely to have benefited from sustained momentum across Amphenol’s diversified end markets. The company expected high-single-digit sequential growth in both the industrial and defense businesses, supported by increasing defense spending, industrial automation, building connectivity and broad-based demand across geographies. Automotive revenues were projected to rise modestly sequentially as electronic content per vehicle continued increasing despite uneven vehicle production, while communications networks revenues were expected to remain stable with support from the CommScope integration. These diversified growth drivers reduce reliance on any single market and should have supported overall revenue growth.Amphenol’s disciplined operating model is likely to have remained another positive driver during the to-be-reported quarter. In the first quarter, adjusted operating margin reached 27.3%, expanding 380 basis points (bps) year over year, despite the temporary dilution from the CommScope acquisition, reflecting robust operating leverage on higher volumes. Management also expressed confidence that CommScope's performance would continue improving under Amphenol’s operating model. Healthy cash generation, strong order activity and continued integration of acquired businesses are likely to have supported margins and earnings growth in the second quarter of 2026.However, acquisition-related amortization, integration expenses and backlog adjustments are expected to have continued weighing on reported profitability. Operating margin in the first quarter of 2026 contracted 20 bps due to the dilutive impact of the CommScope acquisition. In addition, higher debt used to finance the CommScope acquisition has increased quarterly interest expense, which Amphenol expects to remain around $200 million through the remainder of 2026. This is expected to have hurt earnings in the to-be-reported quarter. Amphenol shares have appreciated 13% year to date (YTD), outperforming the Zacks Computer and Technology sector’s return of 9.7%. APH has outperformed TE Connectivity TEL and Belden BDC but lagged Corning GLW YTD. While Corning shares have returned 67.5%, TE Connectivity and Belden shares have dropped 10.8% and 11.8%, respectively, over the same time frame. Image Source: Zacks Investment Research APH stock is trading at a premium, as suggested by the Value Score of D. In terms of the forward 12-month price/earnings, APH is trading at 28.22X, higher than the broader sector’s 22.92X, TE Connectivity’s 18.76X and Belden’s 15.61X. However, Amphenol is trading below Corning’s multiple of 30.53. Image Source: Zacks Investment Research The rapid expansion of AI computing infrastructure remains Amphenol’s largest long-term growth catalyst. The company believes the AI revolution is creating a unique opportunity because next-generation AI systems require significantly greater high-speed, power and fiber interconnect content. Following the CommScope acquisition, Amphenol now offers one of the industry's broadest portfolios of high-speed copper, fiber-optic and power interconnect products, positioning it to capture increasing content across AI clusters and future computing architectures.Apart from AI, Amphenol continues to benefit from long-term structural growth across defense, aerospace, industrial automation, communications infrastructure and automotive electronics. Increasing defense modernization programs, rising electronic content in vehicles, aircraft production recovery, factory automation, electrification and building connectivity are major durable demand drivers. Amphenol’s acquisition strategy that expands the company’s technology portfolio, deepens customer relationships and creates cross-selling opportunities is a key catalyst. Amphenol appears well positioned heading into its second-quarter 2026 results, backed by strong AI-driven demand, healthy order trends and solid execution across its diversified end markets. While acquisition-related costs and higher interest expenses may continue to weigh on reported profitability in the near term, the company’s expanding AI interconnect portfolio, disciplined operating model and proven acquisition strategy provide a strong foundation for sustained growth. These factors justify the current premium valuation. APH currently sports a Zacks Rank #1 (Strong Buy) and a Growth Score of B, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today’s Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH) : Free Stock Analysis Report Corning Incorporated (GLW) : Free Stock Analysis Report Belden Inc (BDC) : Free Stock Analysis Report TE Connectivity Ltd. (TEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. TE Connectivity stock has delivered a 52.9% return over the past five years, yet current checks suggest it now trades close to its intrinsic value based on a Discounted Cash Flow (DCF) estimate, while market multiples still lean on the cheap side. A 52.9% gain over five years points to a stock that has already rewarded patient shareholders, so new buyers may be weighing how much upside is left from here. Recent earnings momentum and expectations for higher demand for AI related products can support earnings power, while the integration and execution risk around the planned Astrodyne acquisition may weigh on how generously the market prices TE Connectivity. With a high valuation score of 5 out of 6, the broader checks lean toward TE Connectivity looking attractively priced rather than stretched. The issue now is whether TE Connectivity's current price, sitting near the Discounted Cash Flow (DCF) intrinsic value yet still screening as undervalued on multiples, leaves enough margin of safety for investors given the recent track record. Find out why TE Connectivity's 0.5% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model values TE Connectivity by projecting its future cash flows and discounting them back to today. For TE Connectivity, the model uses latest twelve month free cash flow of about $3.4b as a starting point and assumes that cash flows continue to grow rather than shrink over time. On these assumptions, the DCF output points to an intrinsic value of about $207 per share, which sits only around 3.2% above the current share price, so the stock screens as roughly fairly valued rather than meaningfully cheap or expensive. Because TE Connectivity recently reported strong Q3 results and announced the planned $1.4b Astrodyne acquisition, the small discount to the DCF value may reflect investors already pricing in both the growth opportunity and the associated integration risk. Overall, the DCF work suggests TE Connectivity stock currently looks about fairly valued on a cash flow basis. TE Connectivity is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for TE Connectivity. The P/E ratio is a useful way to think about what you are paying for each dollar of TE Connectivity earnings. TE Connectivity currently trades on about 19.4x earnings, which sits below the Electronic industry average of roughly 29.4x and the broader peer group near 53.1x. On Simply Wall St’s more tailored fair P/E of 30.9x, which factors in TE Connectivity's size, sector, profitability and risks, the current multiple implies a sizable discount rather than a premium. That gap suggests the market is pricing TE Connectivity more cautiously than both its industry and the fair multiple would indicate, even after its recent earnings update and the planned Astrodyne acquisition. On the P/E multiple, TE Connectivity stock appears undervalued relative to both its sector and an adjusted fair value benchmark. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives pick up where the TE Connectivity valuation puzzle leaves off. They spell out what would need to happen to TE Connectivity's growth, margins and earnings for the stock to be worth significantly more or less than today. Each Narrative treats its view of fair value as a hypothesis about how the business could develop over time, so you can see clearly how that thesis holds up as new information arrives on the Community page. One of the top community narratives on TE Connectivity: 9% undervalued Read one of the top narratives on TE Connectivity Do you think there's more to the story for TE Connectivity? Head over to our Community to see what others are saying! TE Connectivity looks close to intrinsic value on a Discounted Cash Flow (DCF) view, while the P/E comparison still points to the stock as undervalued versus peers. Taken together, the high valuation score suggests the overall checks are more supportive than cautious, but not a clear-cut bargain. From here, the key question is whether TE Connectivity can turn expected demand for its products into sustained earnings power without stumbling on the Astrodyne integration. This would help determine if the current discount on multiples is an opportunity or a warning. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TEL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

This article first appeared on GuruFocus. Revenue: $5.2 billion in Q3, a 14% increase on a reported basis and 12% organically year-over-year. Order Levels: Record orders of $5.7 billion, a 27% increase year-over-year and 7% sequentially. Adjusted Earnings Per Share (EPS): $2.94, a 22% increase year-over-year. Adjusted Operating Margins: 21.9%, expanding 90 basis points year-over-year. Free Cash Flow: Approximately $2.2 billion year-to-date. Industrial Segment Sales Growth: 22% reported and 21% organically year-over-year. Transportation Solutions Segment Sales Growth: 7% reported and 5% organically year-over-year. Digital Data Networks Sales Growth: 34% year-over-year. Energy Business Sales Growth: 33% organically year-over-year. Commercial Transportation Sales Growth: 20% reported and 18% organically year-over-year. Astrodyne TDI Acquisition: Expected to generate over $250 million in annual sales with a purchase price of approximately $1.4 billion. Full Year Sales Growth Expectation: 15% increase, representing more than $2.5 billion of incremental revenue. Full Year Adjusted EPS Growth Expectation: 23% year-over-year. Warning! GuruFocus has detected 8 Warning Signs with TRST. Is TEL fairly valued? Test your thesis with our free DCF calculator. Release Date: July 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. TE Connectivity PLC (NYSE:TEL) reported a 14% increase in sales for the third quarter, reaching $5.2 billion. The company achieved a record order level of $5.7 billion, marking a 27% year-over-year growth. Adjusted earnings per share grew by 22% to $2.94, with adjusted margins expanding by 90 basis points. TE Connectivity PLC (NYSE:TEL) expects full fiscal year sales growth of approximately 15% and adjusted EPS growth of 23%. The acquisition of Astrodyne TDI is expected to enhance the company's power and filter product portfolio, contributing to the Industrial segment's growth. Global vehicle production is expected to be slightly down, which could impact the Transportation Solutions segment. Concerns about the China domestic market persist, although exports are offsetting some of the local market weakness. The company faces ongoing inflationary pressures, which require careful management through pricing and cost actions. The transition to higher-voltage architectures in data centers may introduce new competitive dynamics. TE Connectivity PLC (NYSE:TEL) continues to incur restructuring charges, with expectations of approximately $100 million for fiscal 2026. Q: Can you talk about the ramp you expect in your FAU optical business and its importance in the copper versus optical debate? A: Terrence Curtin, CEO, explained that both copper and optical are important, with copper being the heavy workload within the rack. The RAM Photonics acquisition has opened up incremental market access for optics, which will be more significant in 2028 and beyond. The company is investing in scaling manufacturing and engineering to meet customer expectations. Q: How are record orders and backlog setting the company up for revenue growth in 2027, especially in the DDN segment? A: Terrence Curtin, CEO, noted that orders increased by $1.2 billion, with significant growth in the Industrial segment, particularly in DDN due to AI trends. The momentum is expected to deliver more into next year, with DDN orders up 70% year-to-date. The strong backlog and order growth in other segments like Energy and AD&M also support continued growth into 2027. Q: How do you see the China domestic market evolving versus the export market in the transportation segment? A: Terrence Curtin, CEO, stated that while China auto production is down, exports are offsetting the weak domestic market. TE Connectivity's strong position in Asia led to 8 points of outperformance over production. Exports to regions like Southeast Asia, Central and South America, and Europe are driving growth, and the company expects continued content outperformance. Q: Can you provide more details on the acquisition of Astrodyne TDI and its strategic importance? A: Terrence Curtin, CEO, highlighted that Astrodyne TDI strengthens TE's position in power filters and custom power supplies, complementing existing capabilities. The acquisition, valued at $1.4 billion, is expected to close by the end of the calendar year and will be accretive to growth rates and margins. Heath Mitts, CFO, added that the acquisition will enhance operational synergies and support strategic growth. Q: What is the updated guidance for AI revenues, and how do AI-linked revenues impact the Energy segment and the Astrodyne acquisition? A: Terrence Curtin, CEO, confirmed that DDN is on track to meet previous expectations, with AI revenues continuing to increase as a percentage of DDN. About 20% of the Energy segment benefits from data center build-outs, and the Astrodyne acquisition will further support growth in semiconductor equipment markets driven by AI. For the complete transcript of the earnings call, please refer to the full earnings call transcript.