Cantor Fitzgerald raises Texas Instruments stock target to USD 300
π Cantor Fitzgerald raised its Texas Instruments price target from USD 280.00 to USD 300.00 while keeping a Neutral rating.
π° Second-quarter revenue surged to USD 5.46 billion, representing a 23% year-over-year increase.
π Gross margins expanded significantly to 61.40%, up from 57.90% in the same period last year.
π΅ The company increased its quarterly dividend by 7% to USD 1.52, payable on November 10, 2026.
π Third-quarter revenue guidance is set between USD 5.65 billion and USD 6.15 billion.
πΌ Free cash flow for the second quarter reached USD 2.74 billion.
π The stock trades with a market capitalization of approximately USD 259.1 billion.
Bullish Signals
- Texas Instruments reported second-quarter revenue of USD 5.46 billion, marking a substantial 23% year-over-year growth.
- The company achieved a gross margin expansion to 61.40%, improving from 57.90% in the prior year period.
- Texas Instruments generated USD 2.74 billion in free cash flow during the second quarter of 2026.
- The board approved a 7% dividend increase, raising the quarterly payout to USD 1.52 per share.
Full Analysis
Cantor Fitzgerald has raised its price target for Texas Instruments (TXN) from USD 280.00 to USD 300.00, maintaining a Neutral rating. This analyst adjustment reflects the company's strong recent performance and positions the stock above its recent Nasdaq closing price of USD 283.74 as of October 9, 2026.
Texas Instruments reported robust second-quarter 2026 results with revenue reaching USD 5.46 billion, a significant 23% year-over-year increase. The company also demonstrated improved profitability, with gross margins expanding to 61.40% from 57.90% the prior year, while generating USD 2.74 billion in free cash flow.
The semiconductor giant recently increased its quarterly dividend by 7%, raising it to USD 1.52 per share for a payment scheduled on November 10, 2026. Looking ahead, the company has provided third-quarter guidance expecting revenue between USD 5.65 billion and USD 6.15 billion, with earnings per share projected in the range of USD 2.23 to USD 2.57.