Texas Instruments Incorporated

(NASDAQ Global Select)
Back to all articles
Somewhat Bullish +42

Texas Instruments (NASDAQ:TXN) Stock Price Expected to Rise, KeyCorp ...

AI-generated analysis

📈 KeyCorp raised its price target on Texas Instruments from $390.00 to $400.00 with an 'overweight' rating, indicating potential upside of 43.07%.

📉 HC Wainwright downgraded the stock to 'neutral', while Goldman Sachs maintained a 'sell' rating despite raising its price target to $225.00.

💰 Texas Instruments reported Q2 EPS of $2.14, beating analyst estimates of $1.91 by $0.23.

📊 Quarterly revenue reached $5.46 billion, surpassing the $5.26 billion consensus and growing 22.8% year-over-year.

🛡️ The company achieved a net margin of 31.11% and a return on equity of 35.77% during the reported quarter.

🔮 Management provided Q3 2026 EPS guidance ranging from $2.230 to $2.570.

📉 Director Carrie Smith Cox sold 8,838 shares for approximately $2.7 million, reducing her ownership by 19.02%.

📉 CFO Rafael R. Lizardi sold 47,734 shares worth about $14.7 million, cutting his position by 35.83%.

🏦 Norges Bank established a new position valued at over $2.5 billion in the fourth quarter.

📈 Bank of New York Mellon Corp increased its holdings by 33.6%, now owning shares valued at $3.18 billion.

📈 Amundi lifted its stake by 61.0% in the third quarter, holding shares worth $1.72 billion.

📈 Van ECK Associates Corp boosted its position by 27.1% in the fourth quarter to a value of $2.01 billion.

📈 Franklin Resources Inc. increased its stake by 26.9% in the fourth quarter, holding shares worth $1.59 billion.

👥 Institutional investors own 84.99% of Texas Instruments' outstanding stock.

🏢 The company designs and manufactures analog and embedded processing chips for industrial, automotive, and consumer markets.

📅 Analysts forecast full-year EPS of $7.78 for the current year based on recent data.

Bullish Signals
  • Texas Instruments beat earnings expectations with $2.14 EPS versus a consensus of $1.91, demonstrating strong operational performance.
  • Revenue of $5.46 billion exceeded analyst forecasts of $5.26 billion and grew significantly by 22.8% compared to the prior year.
  • The company maintains exceptional profitability with a net margin of 31.11% and a return on equity of 35.77%.
  • KeyCorp raised its price target to $400.00, signaling strong institutional confidence in the stock's future potential.
  • Major institutional investors including Norges Bank, Bank of New York Mellon Corp, Amundi, Van ECK Associates Corp, and Franklin Resources Inc. have recently increased their stakes significantly.
  • Management provided clear Q3 2026 guidance with EPS expected between $2.230 and $2.570, indicating stable future outlook.
Risk Factors
  • HC Wainwright downgraded the stock to a 'neutral' rating, reflecting some caution among analysts regarding current valuation or growth prospects.
  • Goldman Sachs maintains a 'sell' rating on the stock, suggesting that despite recent price target increases, the firm sees limited upside relative to peers.
  • Significant insider selling occurred in May, with Director Carrie Smith Cox and CFO Rafael R. Lizardi collectively reducing their holdings by over 50% of their positions.
Full Analysis
Texas Instruments (NASDAQ:TXN) received a price target boost from KeyCorp, which raised its target from $390.00 to $400.00 while maintaining an 'overweight' rating, suggesting potential upside of over 43% from current levels. However, analyst sentiment remains mixed with recent downgrades from HC Wainwright and Goldman Sachs, alongside upgrades from Robert W. Baird, Truist Financial, and Benchmark. The consensus rating stands at 'Hold' with an average price target of $308.40 based on data from MarketBeat.com. The company reported strong financial results for the quarter ending July 22nd, posting earnings per share (EPS) of $2.14 against a consensus estimate of $1.91. Revenue reached $5.46 billion, exceeding expectations of $5.26 billion and representing a 22.8% year-over-year increase. The firm demonstrated robust profitability with a net margin of 31.11% and a return on equity of 35.77%, while setting Q3 2026 guidance between $2.230 and $2.570 EPS. Insider activity saw significant selling from Director Carrie Smith Cox and CFO Rafael R. Lizardi in May, with insiders collectively reducing their holdings by over 199,000 shares valued at approximately $57 million in the last ninety days. Conversely, large institutional investors have increased their stakes, including Norges Bank, Bank of New York Mellon Corp, Amundi, Van ECK Associates Corp, and Franklin Resources Inc., which collectively hold nearly 85% of the company's outstanding stock.