Texas Instruments (NASDAQ:TXN) Issues Q3 2026 Earnings Guidance

Texas Instruments (NASDAQ:TXN) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.230-2.570 for the period, compared to the consensus estimate of 2.110. The company issued revenue guidance of $5.7 billion-$6.2 billion, compared to the consensus revenue estimate of $5.5 billion.

Analyst Ratings Changes

TXN has been the topic of several research reports. HC Wainwright downgraded Texas Instruments to a “neutral” rating in a report on Friday, May 22nd. Benchmark increased their target price on shares of Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen reduced their price objective on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday. Weiss Ratings upgraded Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Fourteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $307.60.

Texas Instruments Stock Down 3.1%

TXN stock opened at $284.99 on Friday. The stock has a market capitalization of $259.37 billion, a PE ratio of 43.38, a price-to-earnings-growth ratio of 1.51 and a beta of 1.32. Texas Instruments has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a quick ratio of 2.94, a current ratio of 4.46 and a debt-to-equity ratio of 0.77. The firm has a 50 day moving average of $301.53 and a 200 day moving average of $247.14.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 36.55%. The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same quarter in the prior year, the company earned $1.41 EPS. Texas Instruments’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 forecast that Texas Instruments will post 7.69 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be paid a $1.42 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. Texas Instruments’s dividend payout ratio (DPR) is currently 97.26%.

Insider Buying and Selling

In other news, CEO Haviv Ilan sold 20,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $280.32, for a total value of $5,606,400.00. Following the completion of the sale, the chief executive officer owned 204,339 shares of the company’s stock, valued at $57,280,308.48. This represents a 8.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Mark Gary sold 13,689 shares of Texas Instruments stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $279.25, for a total transaction of $3,822,653.25. Following the sale, the vice president directly owned 45,547 shares in the company, valued at approximately $12,718,999.75. The trade was a 23.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 199,143 shares of company stock worth $56,959,010 in the last ninety days. Company insiders own 0.60% of the company’s stock.

Key Stories Impacting Texas Instruments

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

• Positive Sentiment: Texas Instruments reported Q2 EPS of $2.14 and revenue of $5.46 billion, both ahead of estimates, with sales up 22.8% year over year. Management also raised Q3 guidance above Wall Street forecasts, citing improving demand in industrial, automotive and data center markets. Texas Instruments forecasts quarterly revenue above estimates
• Positive Sentiment: Analysts turned more constructive after the report, with JPMorgan, TD Cowen, KeyCorp and Mizuho all maintaining bullish ratings and lifting or reaffirming price targets, reinforcing the view that TXN’s recovery in demand may continue. Analysts Offer Insights on Technology Companies: Texas Instruments (TXN) and ServiceNow (NOW)
• Neutral Sentiment: Broader semiconductor sentiment remains supportive, with AI-related chip demand and semiconductor ETFs gaining momentum ahead of Intel’s earnings, which helps keep attention on the sector. Semiconductor ETFs Surge Ahead of Intel Earnings
• Negative Sentiment: Despite the earnings beat, several reports said the stock slipped because the results were already expected to be strong and the market wanted even more, suggesting TXN may be facing a “high bar” after a strong semiconductor rally. Texas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog semiconductors.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TXN. Van Diest Capital LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth $221,000. Compound Planning Inc. increased its stake in shares of Texas Instruments by 30.5% during the fourth quarter. Compound Planning Inc. now owns 7,303 shares of the semiconductor company’s stock worth $1,267,000 after buying an additional 1,707 shares during the period. First Growth Capital LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth approximately $226,000. Axxcess Wealth Management LLC raised its holdings in Texas Instruments by 37.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 18,759 shares of the semiconductor company’s stock valued at $3,255,000 after acquiring an additional 5,076 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of Texas Instruments by 1.8% in the 4th quarter. Corient Private Wealth LLC now owns 1,246,610 shares of the semiconductor company’s stock valued at $213,965,000 after purchasing an additional 21,693 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

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.