Zacks Research Upgrades Texas Instruments (NASDAQ:TXN) to Strong-Buy

Texas Instruments (NASDAQ:TXN) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday, Zacks reports.

Several other equities analysts have also commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Texas Instruments from $340.00 to $365.00 and gave the company an “overweight” rating in a research report on Thursday. Freedom Broker raised shares of Texas Instruments from a “hold” rating to a “buy” rating and boosted their target price for the stock from $260.00 to $330.00 in a research report on Thursday. Stifel Nicolaus upped their price target on shares of Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a research note on Thursday. Truist Financial set a $305.00 price target on shares of Texas Instruments in a report on Thursday. Finally, The Goldman Sachs Group reiterated a “sell” rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average price target of $311.39.

Texas Instruments Trading Up 1.9%

Texas Instruments stock opened at $284.69 on Thursday. The stock has a 50-day moving average of $271.98 and a two-hundred day moving average of $279.47. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.44 and a current ratio of 5.59. Texas Instruments has a one year low of $152.73 and a one year high of $334.03. The stock has a market cap of $259.99 billion, a PE ratio of 36.92, a price-to-earnings-growth ratio of 1.52 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter last year, the company earned $1.48 earnings per share. The company’s quarterly revenue was up 27.7% on a year-over-year basis. On average, research analysts anticipate that Texas Instruments will post 8.69 EPS for the current fiscal year.

Insider Activity at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the sale, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by company insiders.

Institutional Trading of Texas Instruments

Several institutional investors and hedge funds have recently bought and sold shares of TXN. Kilter Group LLC purchased a new position in shares of Texas Instruments during the 2nd quarter valued at about $31,000. Nvwm LLC boosted its stake in shares of Texas Instruments by 550.0% in the third quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock worth $33,000 after buying an additional 99 shares during the last quarter. Addison Advisors LLC purchased a new stake in shares of Texas Instruments in the second quarter worth about $38,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Texas Instruments in the third quarter worth about $36,000. Finally, Caitlin John LLC acquired a new stake in Texas Instruments during the second quarter worth about $41,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

More Texas Instruments News

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

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

About Texas Instruments

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.