TD Cowen Cuts Texas Instruments (NASDAQ:TXN) Price Target to $340.00

Texas Instruments (NASDAQ:TXN) had its price target decreased by TD Cowen from $360.00 to $340.00 in a research note issued to investors on Thursday,Benzinga reports. TD Cowen currently has a buy rating on the semiconductor company’s stock.

A number of other analysts also recently weighed in on TXN. Truist Financial boosted their target price on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a report on Thursday. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 target price on shares of Texas Instruments in a research note on Thursday, April 23rd. Weiss Ratings upgraded Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Susquehanna raised their price target on Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a research note on Tuesday. Finally, Wall Street Zen raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Fourteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $308.40.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $279.58 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.94 and a current ratio of 4.86. The company has a market cap of $254.44 billion, a P/E ratio of 42.55, a P/E/G ratio of 1.41 and a beta of 1.32. The firm’s fifty day moving average is $301.06 and its two-hundred day moving average is $247.37. Texas Instruments has a 52-week low of $152.73 and a 52-week high of $334.03.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS 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 35.77%. The business had revenue of $5.46 billion for the quarter, compared to analysts’ expectations of $5.26 billion. During the same quarter in the previous year, the company earned $1.41 EPS. The business’s quarterly revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts anticipate that Texas Instruments will post 8.17 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, July 31st. Texas Instruments’s dividend payout ratio is currently 86.45%.

Insider Buying and Selling at Texas Instruments

In related news, VP Mohammad Yunus sold 51,098 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $270.44, for a total value of $13,818,943.12. Following the completion of the sale, the vice president directly owned 52,856 shares of the company’s stock, valued at $14,294,376.64. This represents a 49.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mark Gary sold 13,689 shares of the firm’s stock in a transaction dated 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 transaction, the vice president directly owned 45,547 shares in the company, valued at $12,718,999.75. This trade represents a 23.11% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 199,143 shares of company stock worth $56,959,010. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Texas Instruments

Several hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in shares of Texas Instruments in the 4th quarter worth $2,516,628,000. Bank of New York Mellon Corp boosted its position in Texas Instruments by 33.6% during the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock valued at $3,184,446,000 after purchasing an additional 4,129,601 shares in the last quarter. Amundi grew its stake in Texas Instruments by 61.0% in the third quarter. Amundi now owns 9,445,243 shares of the semiconductor company’s stock valued at $1,717,240,000 after purchasing an additional 3,580,147 shares during the last quarter. Van ECK Associates Corp grew its stake in Texas Instruments by 27.1% in the fourth quarter. Van ECK Associates Corp now owns 11,608,265 shares of the semiconductor company’s stock valued at $2,013,918,000 after purchasing an additional 2,474,062 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in Texas Instruments by 26.9% in the fourth quarter. Franklin Resources Inc. now owns 9,153,622 shares of the semiconductor company’s stock worth $1,588,062,000 after purchasing an additional 1,938,788 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Key Headlines Impacting Texas Instruments

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

• Positive Sentiment: Rosenblatt Securities raised its price target to $350 and kept a buy rating, while JPMorgan, TD Cowen, and KeyCorp also reiterated bullish views and lifted targets, suggesting analysts see further upside after the earnings beat. Article
• Positive Sentiment: Texas Instruments reported Q2 earnings of $2.14 per share on revenue of $5.46 billion, both above estimates, with revenue up 22.8% year over year and management issuing stronger forward guidance tied to industrial, data center, and automotive demand.
• Positive Sentiment: Commentary highlighted improving inventory levels, broad demand recovery, and strong free cash flow, all of which support the long-term investment case for TXN.
• Neutral Sentiment: Several articles framed TXN as a strong growth, wide-moat, or undervalued stock, reinforcing a constructive but largely unchanged fundamental outlook.
• Negative Sentiment: The broader semiconductor group has pulled back as investors rotate out of AI chip winners, unwind leveraged trades, and take profits after a powerful run, pressuring TXN along with the rest of the sector.
• Negative Sentiment: Despite the earnings beat and raised outlook, the stock sold off after the report, suggesting expectations were already very high and leaving little room for short-term disappointment.

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.