
Texas Instruments (TXN) Stock Forecast & Price Target
Texas Instruments (TXN) Analyst Ratings
Bulls say
Texas Instruments is benefiting from a broadening cyclical recovery that now spans Industrial, Automotive, and Data Center demand, with 2QF26 revenue of $5.46B and gross margin of 61.4% showing strong execution above guidance and consensus. Its leadership in analog chips, plus meaningful exposure to embedded processing and microcontrollers, supports secular content growth as systems become more electrified and data-center power architectures grow more complex. The company’s long-built manufacturing footprint, competitive lead times near 30 weeks, rising wafer loadings, and expanding 300mm mix should sustain margin leverage, supply reliability, and share gains as inventory in the channel normalizes.
Bears say
Texas Instruments is facing a deteriorating fundamental setup as market share loss in its Analog and Embedded businesses—about 90% of revenue—threatens core demand just as the semiconductor recovery appears slower than expected. Although management cited a free-cash-flow framework of $8B-$9B at $20B of revenue and $9B-$10B at $22B, FY26E revenue of $21.86B still implies uneven quarterly conversion, while $2B-$3B of capital expenditures and choppier 2H26 tax-credit receipts may constrain cash generation. Weak macroeconomic conditions in the US, EU, and China, softer automotive and industrial growth, and deflationary SiC ramps that pressure device-level margins all reinforce a negative outlook.
This aggregate rating is based on analysts' research of Texas Instruments and is not a guaranteed prediction by Public.com or investment advice.
Texas Instruments (TXN) Analyst Forecast & Price Prediction
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