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Texas Instruments (TXN) Stock Forecast & Price Target

Texas Instruments logo
$198.41 -2.54 (-1.26%)
(As of 01:27 PM ET)

Texas Instruments - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
12
Buy
9

Based on 23 Wall Street analysts who have issued ratings for Texas Instruments in the last 12 months, the stock has a consensus rating of "Hold." Out of the 23 analysts, 2 have given a sell rating, 12 have given a hold rating, and 9 have given a buy rating for TXN.

Consensus Price Target

$210.05
5.87% Upside
According to the 23 analysts' twelve-month price targets for Texas Instruments, the average price target is $210.05. The highest price target for TXN is $298.00, while the lowest price target for TXN is $167.00. The average price target represents a forecasted upside of 5.87% from the current price of $198.41.
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TXN Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
Hold
12 Hold rating(s)
11 Hold rating(s)
10 Hold rating(s)
9 Hold rating(s)
Sell
2 Sell rating(s)
3 Sell rating(s)
4 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$210.05$206.95$201.95$173.57
Forecasted Upside5.87% Upside0.55% Upside-4.33% Downside13.52% Upside
Consensus Rating
Hold
Hold
Hold
Hold

TXN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TXN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Texas Instruments Stock vs. The Competition

TypeTexas InstrumentsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.30
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside5.87% Upside280.38% Upside6.57% Upside
News Sentiment Rating
Positive News

See Recent TXN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024Wells Fargo & Company
3 of 5 stars
J. Quatrochi
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Initiated CoverageEqual Weight$215.00+8.66%
10/23/2024Bank of America
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$220.00 ➝ $215.00+7.32%
10/23/2024Cantor Fitzgerald
3 of 5 stars
 Reiterated RatingNeutral ➝ Neutral$200.00 ➝ $200.00-0.88%
10/23/2024Truist Financial
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 Lower TargetHold ➝ Hold$198.00 ➝ $190.00-5.84%
10/23/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$268.00 ➝ $298.00+49.73%
10/23/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$210.00 ➝ $200.00+0.49%
10/23/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$230.00 ➝ $230.00+18.58%
10/23/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$250.00 ➝ $250.00+28.89%
10/23/2024Robert W. Baird
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 Lower TargetNeutral ➝ Neutral$200.00 ➝ $175.00-9.78%
10/23/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$154.00 ➝ $167.00-13.90%
10/23/2024Summit Insights
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K. Chan
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UpgradeHold ➝ Buy
10/21/2024Susquehanna
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 Lower TargetPositive ➝ Positive$250.00 ➝ $240.00+21.72%
10/18/2024Mizuho
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Vijay Rakesh
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Set Target$200.00+0.94%
8/21/2024Citigroup
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C. Danely
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UpgradeNeutral ➝ Buy$200.00 ➝ $235.00+16.03%
7/24/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$160.00 ➝ $185.00-7.34%
7/24/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$157.00 ➝ $176.00-11.59%
7/24/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$195.00 ➝ $230.00+15.53%
7/24/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$200.00 ➝ $250.00+24.94%
7/24/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$175.00 ➝ $185.00-7.55%
7/18/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$172.00 ➝ $200.00-2.39%
4/24/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
4/24/2024TD Cowen
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 Boost TargetHold ➝ Hold$160.00 ➝ $175.00+5.76%
1/19/2024UBS Group
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 UpgradeNeutral ➝ Buy$170.00 ➝ $195.00+16.83%
8/30/2023Sanford C. Bernstein
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 DowngradeMarket Perform ➝ Underperform$145.00-15.05%
7/19/2023Wolfe Research
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 Initiated CoveragePeer Perform
1/25/2023BMO Capital Markets
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 Boost TargetOutperform$195.00 ➝ $215.00+24.31%
1/25/2023Cowen
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 Boost TargetMarket Perform$160.00 ➝ $175.00-1.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:44 PM ET.


Should I Buy Texas Instruments Stock? TXN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Texas Instruments pros and cons to contact@marketbeat.com.

Texas Instruments
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Texas Instruments Incorporated:

  • The recent increase in the quarterly dividend to $1.36 per share indicates a commitment to returning value to shareholders, reflecting a strong financial position despite a payout ratio of 101.12%.
  • Analyst ratings show a positive outlook, with several firms issuing "buy" ratings and raising target prices, such as Evercore ISI increasing their target from $268.00 to $298.00, suggesting potential for stock appreciation.
  • The current stock price is around $200.00, which is below the consensus target price of $206.95, indicating that the stock may be undervalued and could rise to meet analyst expectations.
  • Texas Instruments Incorporated operates in the semiconductor industry, which is expected to grow due to increasing demand for electronics, positioning the company well for future revenue growth.
  • Insider ownership, although low at 0.68%, can indicate management's confidence in the company's future, as insiders have recently sold shares, which may suggest a strategic move rather than a lack of confidence.

Texas Instruments
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Texas Instruments Incorporated for these reasons:

  • The payout ratio of 101.12% raises concerns about sustainability, as it indicates that the company is paying out more in dividends than it is earning, which could lead to future cuts if earnings do not improve.
  • Recent insider selling of 25,548 shares worth over $5 million may signal a lack of confidence in the stock's short-term performance, which could deter potential investors.
  • With three analysts rating the stock as a sell, it suggests that there are significant concerns about the company's future performance, which could lead to downward pressure on the stock price.
  • Market volatility in the semiconductor sector can impact Texas Instruments Incorporated's performance, as fluctuations in demand and supply chain issues may affect revenue stability.
  • Despite positive analyst ratings, the overall average rating remains a "Hold," indicating that many analysts are cautious about recommending the stock for aggressive buying at this time.

TXN Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Texas Instruments is $210.05, with a high forecast of $298.00 and a low forecast of $167.00.

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Texas Instruments in the last twelve months. There are currently 2 sell ratings, 12 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TXN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TXN, but not buy additional shares or sell existing shares.

According to analysts, Texas Instruments's stock has a predicted upside of 5.87% based on their 12-month stock forecasts.

Over the previous 90 days, Texas Instruments's stock had 1 upgrade by analysts.

Analysts like Texas Instruments less than other "computer and technology" companies. The consensus rating for Texas Instruments is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how TXN compares to other companies.


This page (NASDAQ:TXN) was last updated on 11/27/2024 by MarketBeat.com Staff
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