Texas Instruments (NASDAQ:TXN) Hits New 52-Week High - Still a Buy?

Key Points

• Texas Instruments shares hit a new 52-week high, trading as high as $331.51 as investors reacted to growing optimism around the stock’s AI and data center exposure.
• Analysts turned more bullish on TXN, with Bank of America raising its price target to $370 and Seaport Research upgrading the stock to Buy on expectations that rising power demand in data centers will lift demand for analog and power chips.
• The company’s latest results were strong, with Q1 EPS of $1.68 beating estimates and revenue up 18.6% year over year, while Q2 guidance also pointed to continued momentum.

Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $331.51 and last traded at $317.45, with a volume of 6739765 shares trading hands. The stock had previously closed at $324.89.

Key Headlines Impacting Texas Instruments

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

• Positive Sentiment: Bank of America raised its price target on Texas Instruments to $370 from $320 and kept a Buy rating, citing meaningful upside from data center power demand and AI-related growth.
• Positive Sentiment: Seaport Research upgraded TXN to Buy and said rising power needs in data centers, along with increasing electrical intensity per rack, could boost demand for Texas Instruments’ analog and power chips.
• Positive Sentiment: Recent articles highlighted TXN as a key beneficiary of the AI power buildout, including its work on 800V power distribution for next-generation data centers, which could support longer-term revenue and margin growth.
• Positive Sentiment: Investors continue to focus on TXN’s strong Q1 earnings beat and upbeat Q2 guidance, which reinforced confidence that demand from data centers and industrial customers is holding up well.

Analyst Ratings Changes

Several research analysts have commented on TXN shares. Robert W. Baird lifted their price target on shares of Texas Instruments from $225.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, April 23rd. Wolfe Research reissued an "outperform" rating and set a $315.00 price target on shares of Texas Instruments in a research note on Thursday, April 23rd. Wells Fargo & Company raised their target price on shares of Texas Instruments from $215.00 to $260.00 and gave the stock an "equal weight" rating in a report on Thursday, April 23rd. Weiss Ratings upgraded shares of Texas Instruments from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, May 6th. Finally, UBS Group upped their price target on Texas Instruments from $260.00 to $295.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, Texas Instruments currently has an average rating of "Hold" and a consensus target price of $265.57.

Texas Instruments Stock Down 2.3%

The stock's 50-day moving average price is $246.04 and its two-hundred day moving average price is $209.82. The stock has a market capitalization of $288.91 billion, a PE ratio of 54.36, a P/E/G ratio of 1.63 and a beta of 1.31. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.94 and a current ratio of 4.46.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.31. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The company's revenue was up 18.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.23 EPS. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 7.66 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were paid a $1.42 dividend. The ex-dividend date was Tuesday, May 5th. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. Texas Instruments's payout ratio is presently 97.26%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, CEO Haviv Ilan sold 20,000 shares of the company's stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $280.32, for a total transaction of $5,606,400.00. Following the transaction, the chief executive officer owned 204,339 shares in the company, valued at approximately $57,280,308.48. This represents a 8.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the transaction, the chief financial officer owned 85,485 shares in the company, valued at $26,337,928.50. This represents a 35.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 303,475 shares of company stock worth $85,666,638. 0.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Texas Instruments

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments during the 2nd quarter valued at about $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of Texas Instruments during the 1st quarter valued at about $27,000. High Point Wealth Management LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at about $25,000. Advocate Investing Services LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at about $25,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of Texas Instruments during the 1st quarter valued at about $29,000. Institutional investors own 84.99% of the company's stock.

About Texas Instruments

Texas Instruments Inc NASDAQ: TXN is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company's products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI's business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI's product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.

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