Texas Instruments (NASDAQ:TXN) Stock Price Target Lowered at Wells Fargo & Company

Key Points

• Wells Fargo lowered Texas Instruments’ price target to $300 from $310 while maintaining an “equal weight” rating, implying 6.84% upside from the reported share price.
• Analyst views remain mixed: 16 analysts rate TXN a Buy, 10 a Hold and four a Sell, resulting in a consensus “Hold” rating and an average target of $302.88.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 EPS and $5.46 billion in revenue, with revenue up 22.8% year over year; shares were trading at $280.80 in the report.

Texas Instruments (NASDAQ:TXN - Get Free Report) had its price objective dropped by investment analysts at Wells Fargo & Company from $310.00 to $300.00 in a report released on Tuesday, Benzinga reports. The firm presently has an "equal weight" rating on the semiconductor company's stock. Wells Fargo & Company's price target indicates a potential upside of 6.84% from the stock's current price.

Several other analysts have also weighed in on the company. Truist Financial upped their price objective on Texas Instruments from $278.00 to $300.00 and gave the company a "hold" rating in a report on Thursday, July 23rd. Sanford C. Bernstein lifted their target price on Texas Instruments from $250.00 to $290.00 and gave the stock a "market perform" rating in a report on Thursday, July 23rd. KeyCorp boosted their price target on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Mizuho boosted their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a "neutral" rating in a research report on Thursday, July 23rd. Finally, Benchmark upped their price target on shares of Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $302.88.

Texas Instruments Price Performance

NASDAQ:TXN traded up $4.64 during midday trading on Tuesday, hitting $280.80. 726,603 shares of the stock were exchanged, compared to its average volume of 7,526,686. The company has a market capitalization of $256.44 billion, a price-to-earnings ratio of 42.56, a P/E/G ratio of 1.54 and a beta of 1.35. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. Texas Instruments has a one year low of $152.73 and a one year high of $334.03. The business has a 50-day moving average price of $271.67 and a two-hundred day moving average price of $277.63.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period last year, the company posted $1.41 EPS. The firm's quarterly revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Sell-side analysts predict that Texas Instruments will post 8.48 EPS for the current year.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, the vice president directly owned 23,181 shares of the company's stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Texas Instruments

A number of hedge funds and other institutional investors have recently modified their holdings of TXN. Eagle Wealth Advisors LLC lifted its position in shares of Texas Instruments by 3.1% during the 3rd quarter. Eagle Wealth Advisors LLC now owns 2,595 shares of the semiconductor company's stock worth $727,000 after buying an additional 77 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Texas Instruments by 3.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 134,990 shares of the semiconductor company's stock valued at $37,809,000 after buying an additional 4,693 shares in the last quarter. CWA Asset Management Group LLC boosted its stake in Texas Instruments by 0.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 26,133 shares of the semiconductor company's stock valued at $7,320,000 after buying an additional 126 shares in the last quarter. Investment Research Partners LLC acquired a new stake in Texas Instruments in the 3rd quarter valued at $249,000. Finally, Retirement Planning Group LLC grew its position in Texas Instruments by 21.1% in the third quarter. Retirement Planning Group LLC now owns 2,025 shares of the semiconductor company's stock valued at $567,000 after acquiring an additional 353 shares during the period. Institutional investors and hedge funds own 84.99% of the company's stock.

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: UBS names TXN a top pick: UBS sees the company benefiting from an upswing in the analog-chip cycle, supporting the long-term recovery narrative. UBS Identifies TXN as Top Pick Amid Upswing in Analog Chip Cycle
• Positive Sentiment: Higher earnings expectations: KeyCorp raised its forecast for Texas Instruments’ third-quarter results, adding to optimism that improving demand and operating performance could support the earnings release. Texas Instruments Q3 Earnings Forecast Raised by KeyCorp
• Positive Sentiment: Potential industrial rebound: Analysts are watching whether TXN can demonstrate a durable recovery in industrial markets, which could complement continued semiconductor demand linked to data centers and other electronics. Texas Instruments and Lam Research Report Earnings

Texas Instruments Company Profile

Texas Instruments Incorporated NASDAQ: TXN designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

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