Zacks Research Issues Positive Forecast for TXN Earnings

Texas Instruments Incorporated (NASDAQ:TXN) – Equities research analysts at Zacks Research lifted their Q4 2026 earnings per share estimates for shares of Texas Instruments in a report issued on Wednesday, August 5th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings of $1.80 per share for the quarter, up from their previous estimate of $1.77. Zacks Research currently 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’ Q1 2027 earnings at $2.03 EPS, Q2 2027 earnings at $2.19 EPS, Q4 2027 earnings at $2.31 EPS, FY2027 earnings at $9.13 EPS, Q1 2028 earnings at $2.34 EPS, Q2 2028 earnings at $2.64 EPS and FY2028 earnings at $10.34 EPS.

Texas Instruments (NASDAQ:TXN) last announced its 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. The firm had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The business’s quarterly revenue was up 22.8% on a year-over-year basis. During the same period last year, the company posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS.

TXN has been the subject of a number of other reports. Sanford C. Bernstein upped their target price on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Susquehanna lifted their price target on Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a research note on Tuesday, July 21st. Wells Fargo & Company boosted their price target on Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price objective on shares of Texas Instruments in a research report on Thursday, April 23rd. Finally, TD Cowen decreased their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a report on Thursday, July 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 issued a Sell rating to the stock. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $312.12.

Texas Instruments Stock Down 2.1%

Shares of TXN stock opened at $277.71 on Thursday. Texas Instruments has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average of $295.98 and a 200-day moving average of $252.76. The company has a market capitalization of $253.62 billion, a price-to-earnings ratio of 42.27, a P/E/G ratio of 1.12 and a beta of 1.33.

Hedge Funds Weigh In On Texas Instruments

A number of institutional investors have recently bought and sold shares of the business. Bridgewater Advisors Inc. bought a new stake in Texas Instruments in the second quarter valued at approximately $992,000. SFE Investment Counsel acquired a new stake in Texas Instruments during the 2nd quarter valued at $275,000. Ballast Inc. boosted its position in Texas Instruments by 3.1% during the second quarter. Ballast Inc. now owns 8,827 shares of the semiconductor company’s stock worth $2,631,000 after purchasing an additional 268 shares during the period. Regent Peak Wealth Advisors LLC boosted its position in Texas Instruments by 3.5% during the second quarter. Regent Peak Wealth Advisors LLC now owns 2,853 shares of the semiconductor company’s stock worth $850,000 after purchasing an additional 97 shares during the period. Finally, Annex Advisory Services LLC increased its holdings in shares of Texas Instruments by 2.6% in the second quarter. Annex Advisory Services LLC now owns 6,857 shares of the semiconductor company’s stock valued at $2,044,000 after purchasing an additional 177 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity

In other news, VP Ahmad Bahai sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $309.13, for a total transaction of $1,545,650.00. Following the transaction, the vice president directly owned 42,519 shares in the company, valued at $13,143,898.47. The trade was a 10.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Shanon J. Leonard sold 4,963 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $295.22, for a total transaction of $1,465,176.86. Following the completion of the sale, the vice president directly owned 24,867 shares in the company, valued at approximately $7,341,235.74. The trade was a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 66,535 shares of company stock valued at $20,425,724. 0.60% of the stock is owned by insiders.

Texas Instruments Dividend Announcement

The company also recently declared 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 of this dividend is Friday, July 31st. Texas Instruments’s dividend payout ratio is 86.45%.

Key Headlines Impacting Texas Instruments

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

• Positive Sentiment: Zacks added TXN to its Rank #1 (Strong Buy) lists, including its income-stock list, providing a favorable near-term analyst signal. New Strong Buy Stocks for August 6th
• Positive Sentiment: GE Appliances plans to use Texas Instruments microcontrollers, Wi-Fi connectivity solutions and analog components in next-generation connected appliances manufactured in the United States, with production expected to begin in 2027. The agreement supports TXN’s long-term industrial and Internet of Things demand outlook. GE Appliances Leverages Texas Instruments Semiconductors
• Positive Sentiment: Zacks raised its Texas Instruments EPS estimates for Q4 2026 to $1.80 from $1.77, Q1 2027 to $2.03 from $1.86, Q4 2027 to $2.31 from $2.25, FY2027 to $9.13 from $8.54, Q1 2028 to $2.34 from $2.26, and FY2028 to $10.34 from $10.15.
• Neutral Sentiment: Zacks maintains a “Hold” rating, despite the upward revisions. This suggests improved earnings expectations have not yet translated into a clearly compelling valuation or stronger recommendation.
• Negative Sentiment: Zacks lowered its Q2 2027 EPS estimate slightly to $2.19 from $2.20 and its Q2 2028 estimate to $2.64 from $2.71. The cuts temper the broader positive revisions and may reinforce concerns about uneven semiconductor-cycle recovery.

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.