What is Zacks Research’s Estimate for TXN Q3 Earnings?

Texas Instruments Incorporated (NASDAQ:TXN) – Zacks Research upped their Q3 2026 EPS estimates for shares of Texas Instruments in a research note issued on Wednesday, August 5th. Zacks Research analyst Team now expects that the semiconductor company will earn $2.25 per share for the quarter, up from their prior estimate of $1.81. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Texas Instruments’ current full-year earnings is $8.35 per share. Zacks Research also issued estimates for Texas Instruments’ FY2026 earnings at $7.87 EPS and Q3 2027 earnings at $2.60 EPS.

A number of other equities research analysts also recently commented on TXN. KeyCorp increased their price objective on Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. HC Wainwright cut Texas Instruments to a “neutral” rating in a report on Friday, May 22nd. Stifel Nicolaus boosted their target price on Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Rosenblatt Securities upped their target price on Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $315.00 price target on shares of Texas Instruments in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $312.12.

Texas Instruments Trading Up 0.2%

Shares of NASDAQ:TXN opened at $278.40 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The stock has a market capitalization of $254.25 billion, a price-to-earnings ratio of 42.37, a PEG ratio of 1.10 and a beta of 1.33. Texas Instruments has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a 50 day moving average price of $295.23 and a 200 day moving average price of $253.38.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (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 company 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 posted $1.41 EPS. The business’s 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.

Texas Instruments Announces Dividend

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

Insider Activity

In other Texas Instruments news, CFO Rafael R. Lizardi sold 47,734 shares of the business’s stock in a transaction on 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 sale, the chief financial officer directly owned 85,485 shares of the company’s stock, valued at $26,337,928.50. The trade was a 35.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shanon J. Leonard sold 4,963 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $295.22, for a total value of $1,465,176.86. Following the completion of the sale, the vice president owned 24,867 shares of the company’s stock, valued at $7,341,235.74. The trade was a 16.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 66,535 shares of company stock valued at $20,425,724. 0.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Texas Instruments

A number of institutional investors have recently bought and sold shares of TXN. High Point Wealth Management LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at about $25,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Texas Instruments during the second quarter worth approximately $25,000. Advocate Investing Services LLC purchased a new position in Texas Instruments during the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $27,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Key Texas Instruments News

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

• Positive Sentiment: Zacks names TXN a Strong Buy. Texas Instruments was added to Zacks’ Rank #1 (Strong Buy) lists for momentum, income and overall stock selection. This reinforces favorable near-term technical and fundamental sentiment. New Strong Buy Stocks for August 6th
• Positive Sentiment: Several longer-term EPS forecasts increased. Zacks Research raised estimates for Q4 2026, Q1 2027, Q4 2027, FY2027 and FY2028. The FY2027 forecast increased to $9.13 from $8.54, while FY2028 rose to $10.34 from $10.15, suggesting expectations for improving earnings momentum. Texas Instruments analyst estimates
• Positive Sentiment: Industrial and data-center growth remain key catalysts. Recent coverage highlighted Texas Instruments’ strong industrial performance, doubled year-over-year data-center revenue and accelerating automotive sales. GE Appliances also plans to use TI microcontrollers and connectivity products in its next generation of connected appliances, expanding the company’s embedded-chip opportunity. Texas Instruments Lands GE Appliances Role
• Neutral Sentiment: Analyst views remain constructive but not uniformly bullish. Despite the estimate increases, Zacks Research maintains a “Hold” rating. Analysts have cited TXN’s long-term growth prospects and a consensus price target near $312, but the stock’s elevated valuation makes continued execution important. Are Wall Street Analysts Bullish on Texas Instruments Stock?
• Negative Sentiment: Broader chip-sector weakness is a risk. Sandisk’s weak outlook triggered a selloff in AI-linked semiconductor stocks, while Qualcomm’s handset-chip revenue is reportedly shrinking on both Android and Apple exposure. Although neither development directly changes TXN’s fundamentals, it can weigh on sentiment across semiconductor stocks. Sandisk’s Weak Guidance Sends AI Chip Stocks Tumbling

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.