Wells Fargo & Company Has Lowered Expectations for Texas Instruments (NASDAQ:TXN) Stock Price

Key Points

• Wells Fargo & Company has lowered its price target for Texas Instruments (TXN) from $195.00 to $170.00, indicating a potential downside of 1.33% from the stock's previous close.
• The overall consensus rating for Texas Instruments is "Hold," with a consensus price target of $198.90, as several analysts have varied opinions ranging from "buy" to "underperform."
• Texas Instruments shares fell 4.7% on the day of the report, closing at $172.29, following recent fluctuating analyst evaluations and stock performance.

Texas Instruments (NASDAQ:TXN - Get Free Report) had its price objective dropped by equities research analysts at Wells Fargo & Company from $195.00 to $170.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an "equal weight" rating on the semiconductor company's stock. Wells Fargo & Company's price target would indicate a potential downside of 1.33% from the company's previous close.

A number of other analysts have also weighed in on the stock. Cowen reaffirmed a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. KeyCorp upped their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Benchmark reaffirmed a "buy" rating and issued a $220.00 price objective on shares of Texas Instruments in a research note on Monday, September 8th. The Goldman Sachs Group lowered their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, Bank of America downgraded shares of Texas Instruments from a "neutral" rating to an "underperform" rating and cut their price objective for the stock from $208.00 to $190.00 in a research report on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $198.90.

Texas Instruments Stock Down 4.7%

Shares of TXN stock traded down $8.55 on Wednesday, hitting $172.29. The stock had a trading volume of 6,978,629 shares, compared to its average volume of 7,220,835. Texas Instruments has a one year low of $139.95 and a one year high of $221.69. The business has a 50 day moving average price of $186.92 and a 200 day moving average price of $185.92. The company has a market cap of $156.63 billion, a PE ratio of 31.47, a P/E/G ratio of 3.04 and a beta of 1.01. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts' consensus estimates of $1.48. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.65 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. The firm's revenue for the quarter was up 14.2% compared to the same quarter last year. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Research analysts anticipate that Texas Instruments will post 5.35 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Texas Instruments

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Woodmont Investment Counsel LLC grew its position in Texas Instruments by 2.9% during the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company's stock worth $343,000 after purchasing an additional 47 shares during the period. Confluence Wealth Services Inc. grew its position in shares of Texas Instruments by 0.4% during the 2nd quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company's stock valued at $2,283,000 after acquiring an additional 48 shares during the period. Acropolis Investment Management LLC grew its position in shares of Texas Instruments by 2.9% during the 2nd quarter. Acropolis Investment Management LLC now owns 1,875 shares of the semiconductor company's stock valued at $389,000 after acquiring an additional 52 shares during the period. Proathlete Wealth Management LLC grew its position in shares of Texas Instruments by 1.4% during the 2nd quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company's stock valued at $782,000 after acquiring an additional 53 shares during the period. Finally, Trivium Point Advisory LLC grew its position in shares of Texas Instruments by 4.5% during the 1st quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company's stock valued at $226,000 after acquiring an additional 54 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

About Texas Instruments

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.