Texas Instruments (NASDAQ:TXN) Given New $208.00 Price Target at Bank of America

Key Points

• Bank of America has reduced its price target for Texas Instruments (NASDAQ:TXN) from $218.00 to $208.00, maintaining a "neutral" rating on the stock.
• Despite the downgrade, the new target price suggests a potential upside of 11.06% based on the stock's previous close.
• Texas Instruments reported strong quarterly earnings, with an EPS of $1.41, surpassing analysts' estimates of $1.32, and showed a year-over-year revenue increase of 16.4%.

Texas Instruments (NASDAQ:TXN - Get Free Report) had its target price reduced by analysts at Bank of America from $218.00 to $208.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the semiconductor company's stock. Bank of America's price target suggests a potential upside of 11.06% from the stock's previous close.

A number of other equities research analysts also recently issued reports on the stock. UBS Group set a $255.00 price target on shares of Texas Instruments in a research note on Tuesday, July 22nd. Wells Fargo & Company decreased their price target on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. Rosenblatt Securities reaffirmed a "buy" rating and set a $245.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Cantor Fitzgerald reissued a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, TD Cowen reduced their target price on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and a consensus price target of $211.90.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $187.29 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81. The firm has a fifty day moving average price of $201.17 and a 200 day moving average price of $186.95. Texas Instruments has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The firm has a market cap of $170.27 billion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 3.19 and a beta of 1.02.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. Texas Instruments's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, sell-side analysts expect that Texas Instruments will post 5.35 earnings per share for the current fiscal year.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the transaction, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Texas Instruments

Several hedge funds and other institutional investors have recently modified their holdings of TXN. Osaic Holdings Inc. raised its position in Texas Instruments by 47.2% during the 2nd quarter. Osaic Holdings Inc. now owns 153,523 shares of the semiconductor company's stock worth $30,896,000 after buying an additional 49,257 shares during the last quarter. American Trust grew its stake in Texas Instruments by 3.8% in the 2nd quarter. American Trust now owns 16,571 shares of the semiconductor company's stock valued at $3,440,000 after acquiring an additional 599 shares during the period. Centaurus Financial Inc. boosted its stake in Texas Instruments by 10.3% during the 2nd quarter. Centaurus Financial Inc. now owns 2,587 shares of the semiconductor company's stock worth $537,000 after purchasing an additional 242 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in Texas Instruments by 5.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 82,331 shares of the semiconductor company's stock worth $17,094,000 after purchasing an additional 3,915 shares during the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH acquired a new stake in Texas Instruments during the 2nd quarter worth $2,296,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.