Bernstein keeps USD 290.00 target for Texas Instruments stock
π Texas Instruments reported second-quarter revenue of USD 5.46 billion, marking a significant 23% year-over-year increase.
π° Diluted earnings per share reached USD 2.14 with net income of USD 1.98 billion and a net profit margin of 36%.
π― Bernstein maintained a Hold rating with a USD 290.00 price target, which is about 3% above the current trading price.
π The stock traded at EUR 251.85 on October 13, 2026, sitting 13.60% below its 52-week high of EUR 291.50.
π’ Texas Instruments has a market capitalization of USD 257.1 billion and trades at a P/E ratio of 42.94.
π The company is scheduled to host its third-quarter earnings conference call on October 21, 2026.
Bullish Signals
- Texas Instruments achieved strong second-quarter revenue growth of 23% year over year, reaching USD 5.46 billion.
- The company delivered a net profit margin of 36%, demonstrating high operational efficiency and profitability.
Risk Factors
- Bernstein maintains a Hold rating with a price target only 3% above current levels, indicating limited near-term upside potential according to the analyst.
- The stock is trading approximately 13.60% below its 52-week high, suggesting it has not yet fully recovered to recent peak valuations.
Full Analysis
Texas Instruments reported robust second-quarter financial results, with revenue reaching USD 5.46 billion, representing a 23% year-over-year increase. Diluted earnings per share stood at USD 2.14, while net income totaled USD 1.98 billion, resulting in a healthy net profit margin of 36%. These figures highlight the company's strong operational performance and growth trajectory within the semiconductor sector.
On September 22, 2026, investment bank Bernstein maintained its Hold rating for Texas Instruments with a price target of USD 290.00. This target sits approximately 3% above the stock's trading price as of October 13, 2026, suggesting the current valuation is relatively close to the analyst's fair value estimate rather than implying significant upside or downside.
As of mid-October 2026, Texas Instruments traded at a market capitalization of USD 257.1 billion with a P/E ratio of 42.94. The stock was trading around EUR 251.85, which is roughly 13.6% below its 52-week high of EUR 291.50. The company is scheduled to discuss its third-quarter results on October 21, 2026, providing the next opportunity for investors to assess future guidance and market conditions.