Texas Instruments Incorporated (TXN) Stock Price & Analysis

Texas Instruments Incorporated (TXN) closed at USD 279.5 on Thursday, October 22, 2026, down 1.81% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 284.65; the Oct 22, 2026 session ranged USD 276.59–286.54 on volume of 13,866,509 shares. Market capitalization is $255.25B, with a 52-week range of USD 152.73–334.03 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:42 UTC.

Also available as compact Markdown for AI agents: nexqual.com/TXN.md

Latest Earnings Results (TXN)

Texas Instruments Incorporated (TXN) reported Q3 2026 results on Oct 21, 2026, 4:01:00 PM ET: GAAP EPS $2.62 vs. estimate $2.43 (beat), revenue $6.05B vs. estimate $5.93B (beat). Guidance: Fourth quarter revenue is expected to be between $5.80 billion and $6.30 billion with EPS between $2.45 and $2.79. Source: company press release. Nexqual published it 8 min 4 s after release.

Fiscal periodEPS (reported)RevenueReleasedSource
Q3 2026$2.62 (GAAP diluted)$6.05BOct 21, 2026, 4:01:00 PM ET · on Nexqual +8 min 4 sPress release

Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.

Key facts (TXN)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TXN)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$18.3B$20.0B$17.5B$15.6B$17.7B$19.5B
Gross profit$12.4B$13.8B$11.0B$9.09B$10.1B—
Operating income$8.96B$10.1B$7.33B$5.46B$6.02B$7.25B
Net income$7.77B$8.75B$6.51B$4.80B$5.00B$6.05B
EPS (diluted)$8.26$9.41$7.07$5.20$5.45—
Free cash flow$6.29B$5.92B$1.35B$1.50B$2.60B$5.36B
Gross margin67.5%68.8%62.9%58.1%57.0%—
Operating margin48.8%50.6%41.8%34.9%34.1%37.3%
Net margin42.4%43.7%37.2%30.7%28.3%31.1%
Revenue growth+26.9%+9.2%-12.5%-10.7%+13.0%—
Cash + short-term investments$9.74B$9.07B$8.57B$7.58B$4.88B—
Total debt$7.74B$8.73B$11.2B$13.6B$14.0B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (TXN)

P/E 42.2x · P/S 13.1x · EV/EBITDA 28.0x · EV/Sales 13.5x · P/FCF 47.7x · P/B 14.2x · FCF yield 2.10% · Earnings yield 2.37% · Dividend yield (paid, TTM) 2.00% · Buyback yield (TTM) 0.28% · Net debt $7.05B · EV $262B

P/E at fiscal year-ends: Dec 2025 31.7x, Dec 2024 35.9x, Dec 2023 24.0x.

Superinvestors (SEC 13F-HR, Q2 2026) (TXN)

14 of 80 tracked investors hold TXN (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChangeQuarter
Terry SmithFundsmith3.93%$536MReduced -31.4%Q2 2026
Christopher DavisDavis Advisors3.12%$727MReduced -14.5%Q2 2026
Torray Funds2.65%$19.6MReduced -45.6%Q2 2026
David KatzMatrix Asset Advisors2.23%$27.1MReduced -1.6%Q3 2026
Thomas GaynerMarkel Group1.64%$216MUnchangedQ2 2026
Wallace WeitzWeitz Investment Management1.61%$23.2MReduced -51.3%Q2 2026
Mairs & PowerMairs & Power Funds0.59%$64.8MReduced -5.9%Q2 2026
Sarah KettererCauseway Capital Management0.54%$49.6MReduced -19.3%Q2 2026
Van Den Berg Management I0.08%$386KReduced -40.0%Q2 2026
First Eagle InvestmentFirst Eagle Investment Management0.03%$15.6MReduced -98.6%Q2 2026
Bill NygrenOakmark Funds0.02%$13.8MReduced -2.6%Q2 2026
Lee AinslieMaverick Capital0.01%$1.2MNew positionQ2 2026
Jensen Investment Management0.01%$372KReduced -10.9%Q2 2026
Glenn GreenbergBrave Warrior Advisors0.01%$301KNew positionQ2 2026

Insider sales (SEC Form 4, open-market, last ~7 months) (TXN)

0 of 20 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-27Abraham TsedeniyaSr. Vice President7,000$1.9M23.2%NoToo little history (no open-market trades in 2023–2025)
2026-05-28Craighead Martin SDirector10,000$3.2M41.1%NoToo little history (no open-market trades in 2023–2025)
2026-05-14Bahai AhmadSr. Vice President5,000$1.5M10.5%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-05-14Lizardi Rafael RSr. Vice President & CFO47,734$14.7M28.5%NoToo little history (no open-market trades in 2023 or 2025)
2026-05-13Cox Carrie SmithDirector8,838$2.7M19%NoToo little history (no open-market trades in 2024 or 2025)
2026-05-11Leonard Shanon JSr. Vice President4,963$1.5M16.6%NoToo little history (no open-market trades in 2023)
2026-05-04Ilan HavivChairman, President & CEO20,000$5.6M7.8%NoToo little history (no open-market trades in 2023 or 2025)
2026-05-01Knecht Julie C.VP & Chief Accounting Officer9,956$2.8M52.2%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-30Gary MarkSr. Vice President13,689$3.8M23.1%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-30Roberts Mark T.Sr. Vice President28,080$7.9M34.3%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-29Yunus MohammadSr. Vice President51,098$13.8M48.7%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-27Kane KatharineSVP and General Counsel6,125$1.7M19.5%NoToo little history (no open-market trades in 2023–2025)
2026-04-27Bahai AhmadSr. Vice President3,660$982K7.9%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-04-24Leonard Shanon JSr. Vice President18,189$5.1M36.3%NoToo little history (no open-market trades in 2023)
2026-04-24Bluedorn Todd MDirector4,306$1.2M34.5%NoToo little history (no open-market trades in 2023–2025)
2026-04-24Ron AmichaiSr. Vice President18,365$5.0M18.5%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-24Blinn Mark ADirector15,000$4.2M56.1%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-04-24Lizardi Rafael RSr. Vice President & CFO40,541$11.1M25.3%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-24Patsley Pamela HDirector4,306$1.2M11.1%NoToo little history (no open-market trades in 2025)
2026-04-24Witzsche ChristineSr. Vice President3,625$999K12.4%NoToo little history (no open-market trades in 2023)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (TXN)

Consensus Buy (mean 2.43 on a 1–5 scale), 35 analysts; mean target USD 336.86 (low 250, high 400).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-22JefferiesTarget raisedHold$260 → $300
2026-10-22Freedom BrokerUpgradeHold → Buy$260 → $330
2026-10-22UBSTarget loweredBuy$380 → $360
2026-10-22Morgan StanleyTarget raisedUnderweight$255 → $278
2026-10-22BarclaysTarget raisedEqual-Weight$250 → $280
2026-10-22JP MorganTarget raisedOverweight$340 → $365
2026-10-22StifelTarget raisedBuy$360 → $370
2026-10-22RosenblattTarget raisedBuy$350 → $360
2026-10-22MizuhoTarget loweredNeutral$305 → $290
2026-10-20Wells FargoTarget loweredEqual-Weight$310 → $300
2026-10-19TD CowenTarget loweredBuy$340 → $330
2026-08-17Cantor FitzgeraldReiteratedNeutral$340

Total return (dividends reinvested) (TXN)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+66.5%+61.8%
S&P 500 (SPY)+14.9%+80.3%
Per year+66.8%+10.1%
Volatility (annualized)41.5%31.4%
Max drawdown-23.4% (Jun 2026→Sep 2026)-32.5% (Nov 2024→Apr 2025)

TXN revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Analog$4.37B79.9%+26.4%
Embedded Processing$788.0M14.4%+16.1%
Other$310.0M5.7%-2.2%
Total revenue$5.46B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

Companies that name TXN in their SEC reports

Relationship to TXNCompanyFilingSentence
competitorALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)10-K Aug 27, 2026“Our major competitors in power discretes include Infineon Technologies AG, ON Semiconductor Corp., STMicroelectronics N.V., Toshiba Corporation, Diodes Incorporated and Vishay Intertechnology, Inc. Our major competitors for our power ICs include Monolithic Power Systems, Inc., ON Semiconductor Corp., Richtek Technology Corp., Semtech Corporation, Texas Instruments Inc. and Vishay Intertechnology, Inc.”
supplierUNITED MICROELECTRONICS CORP (UMC)20-F Apr 30, 2026“Our primary customers, in terms of our sales revenues, include premier integrated device manufacturers, such as Texas Instruments and Intel, plus leading fabless design companies, such as MediaTek, Realtek and Novatek.”
customerAUDIOCODES LTD (AUDC)20-F Mar 30, 2026“of the supply of the chips provided by Texas Instruments, DSPG, Rockchip or the communications processors supplied by Motorola or Cavium”
supplierArbe Robotics Ltd. (ARBE)20-F Mar 27, 2026“the business development, customer engagement and product marketing at Texas Instruments (Nasdaq: TXN), a Global American based technology”
competitorHimax Technologies, Inc. (HIMX)20-F Mar 27, 2026“We also compete with alternative microdisplay technology providers such as Texas Instruments with DLP, Sony with micro OLED and JBD with micro LED.”
competitorAMBARELLA INC (AMBA)10-K Mar 23, 2026“In the IoT market, our primary competitors include HiSilicon Technologies Co., Ltd., or HiSilicon, which is owned by Huawei Technologies Co., Novatek Microelectronics Corp., or Novatek, NVIDIA Corporation, or NVIDIA, Qualcomm Incorporated, or Qualcomm, and Sigmastar Technology Ltd. In the automotive camera market, we compete against Horizon Robotics Inc., Mobileye, a subsidiary of Intel Corporation, Novatek, NVIDI…”
customerNeonode Inc. (NEON)10-K Mar 18, 2026“The Neonode ASICs are manufactured by Texas Instruments and ST Microelectronics.”
customerVuzix Corp (VUZI)10-K Mar 12, 2026“We currently source microdisplays from Sony Corporation, Jade Bird Display, and Texas Instruments and regularly and actively evaluate new suppliers of compact display engines to enhance AI/AR Smart Glasses performance.”
competitorAmbiq Micro, Inc. (AMBQ)10-K Mar 5, 2026“Today, we generally compete with large MCU vendors, such as Infineon, Microchip, NXP, Silicon Laboratories, STMicroelectronics, Texas Instruments, and others.”
competitorNavitas Semiconductor Corp (NVTS)10-K Feb 27, 2026“Our primary GaN competitors include Infineon Technologies AG, Power Integrations, Inc., Texas Instruments Incorporated, Innoscience (Suzhou) Semiconductor Co., Ltd., Renesas Electronics Corp., and Efficient Power Conversion Corporation (EPC).”
competitorMONOLITHIC POWER SYSTEMS, INC. (MPWR)10-K Feb 27, 2026“We consider our primary competitors to include Analog Devices, Infineon Technologies, NXP Semiconductors, ON Semiconductor, Power Integrations, Renesas Electronics, ROHM Semiconductor, Semtech, STMicroelectronics and Texas Instruments.”
competitorGLOBALFOUNDRIES Inc. (GFS)20-F Feb 27, 2026“We also compete with the foundry operation services of some IDMs, such as Texas Instruments, Inc. ("Texas Instruments"), Samsung Electronics Co., Ltd. ("Samsung") and, more recently, Intel.”
partnerSensata Technologies Holding plc (ST)10-K Feb 27, 2026“In 2006, we entered into a perpetual, royalty-free cross-license agreement with our former owner, Texas Instruments Incorporated, which permits each party to use specified technology owned by the other party in its business.”
partnerXperi Inc. (XPER)10-K Feb 26, 2026“We have devoted significant time and resources to develop a broad range of solutions with key partners including Amlogic, Analog Devices, Cadence, Cirrus Logic, MediaTek, NXP, Qualcomm, Realtek, Synaptics, Texas Instruments, and others.”
competitorRAMBUS INC (RMBS)10-K Feb 18, 2026“In the memory interface chip market, we compete with international semiconductor companies, including but not limited to Monolithic Power Systems, Montage Technology, Renesas and Texas Instruments.”

TXN customer concentration

In the period ended Dec 31, 2025, a single direct customer accounted for 12% of revenue, per the company's 10-K filed Feb 6, 2026. The company does not name it.

TXN analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Dec 2026)$2.61$2.28+14.3%$6.07B24
Next quarter (ends Mar 2027)$2.60$2.26+15.0%$6.09B22
Current fiscal year (ends Dec 2026)$9.04$8.50+6.3%$22.40B25
Next fiscal year (ends Dec 2027)$11.44$10.03+14.1%$26.15B27

TXN options: expected move

ExpirationDaysATM implied volatilityExpected move
Oct 30, 2026750.4%±6.2%
Nov 6, 20261448.5%±7.9%
Nov 13, 20262146.1%±9.1%
Nov 20, 20262843.9%±9.9%
Nov 27, 20263542.1%±10.6%
Dec 4, 20264241.4%±11.4%
Dec 18, 20265640.7%±12.9%
Jan 15, 20278439.5%±15.3%

30-day implied volatility 43.3% vs 28.5% realized over the last 30 trading days. Put/call ratio (volume) 0.51. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:42 UTC)

PriceUSD 279.5
Change▼ 1.81% (down)
Previous CloseUSD 284.65
OpenUSD 284.22
Day RangeUSD 276.59 – 286.54
52-Week RangeUSD 152.73 – 334.03
Volume13,866,509 shares
Market Cap$255.25B
ExchangeNMS

Technical Analysis (TXN)

Nexqual's technical model rates TXN "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 08:42 UTC.

Overall SignalNEUTRAL
RSI (14)52.4 (neutral)
vs SMA50Above (USD 272.18)
MACD1.76 (positive)

Analyst Ratings (TXN)

Wall Street analysts rate TXN "Buy" based on 35 analysts, with a mean price target of USD 336.86 (range USD 250–400), per Nexqual as of October 23, 2026 at 08:42 UTC.

Consensus RatingBuy
Analyst Count35
Mean TargetUSD 336.86
High TargetUSD 400
Low TargetUSD 250
Buy / Hold / Sell20 / 13 / 2

Earnings (TXN)

Next Earnings Date2026-10-21
EPS EstimateUSD 2.66
Revenue Estimate$6.07B

Recent Earnings History

QuarterActual vs Estimate
2026-09-30USD 2.62 vs est 2.43 ▲ beat
2026-06-30USD 2.14 vs est 1.94 ▲ beat
2026-03-31USD 1.68 vs est 1.37 ▲ beat
2025-12-31USD 1.27 vs est 1.31 ▼ miss

Source: Nexqual, October 23, 2026 at 08:42 UTC.

Financials & Fundamentals (TXN)

Total Revenue$19.45B
Revenue Growth (latest quarter, YoY)+22.80%
Gross Margin+58.33%
Operating Margin+42.58%
Profit Margin+31.11%
ROE+35.18%
Debt / Equity0.78
Current Ratio4.86
Total Cash$7.00B
Total Debt$14.05B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$5.36B (27.5% of revenue)

Source: Nexqual, October 23, 2026 at 08:42 UTC.

Financial Health Score (TXN)

Nexqual rates Texas Instruments Incorporated's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:42 UTC.

GrowthSolid — Revenue +13% YoY (annual)
ProfitabilityStrong — Gross margin 58%, operating 43% (last 12 months)
Balance SheetMixed — $7.00B cash and investments vs $14.1B debt (Jun 2026, SEC)
Cash FlowStrong — FCF $5.36B (last 4 quarters to Jun 2026, SEC), 28% margin
EfficiencyStrong — ROE 35%, ROA 13.1%

Ownership (TXN)

Insider Ownership+0.28%
Institutional Ownership+91.77%
Shares Outstanding913.25M
Float911.01M
Short % of Float+2.49%

Source: Nexqual, October 23, 2026 at 08:42 UTC.

Leadership (TXN)

Texas Instruments Incorporated is led by Haviv Ilan, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 08:42 UTC.

President, CEO & ChairmanHaviv Ilan
Senior Vice President of Embedded Processing & DLP® ProductsAmichai Ron
Senior VP, CFO & Chief Accounting OfficerJulie C. Knecht
Senior VP & CTOAhmad R. S. Bahai
Senior Vice President of Communications & Investor RelationsChristine A. Witzsche

Major Backers & Investors (TXN)

Notable institutional backers of Texas Instruments Incorporated include Invesco, JPMorgan, Charles Schwab Investment Management, Inc., according to Nexqual as of October 23, 2026 at 08:42 UTC.

Active Investors

InvestorStake
Invesco4.14%
JPMorgan3.55%
Charles Schwab Investment Management, Inc.2.32%
Charles Schwab2.01%
NORGES BANK1.45%

Index Funds (Passive)

FundStake
Vanguard Group9.74%
BlackRock9.04%
State Street4.87%
Geode Capital2.63%
BNY Mellon1.65%

Source: Nexqual, October 23, 2026 at 08:42 UTC.

From Texas Instruments Incorporated's Latest SEC 10-K Filing (filed 2026-02-06)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
ARMArm Holdings plcUSD 210.1▼ 7.28%
MRVLMarvell Technology, Inc.USD 223.47▼ 8.7%
ADIAnalog Devices, Inc.USD 385.76▼ 4.98%
QCOMQUALCOMM IncorporatedUSD 172.83▼ 2.88%
INTCIntel CorporationUSD 85.49▼ 8.04%
ASXASE Technology Holding Co., LtdUSD 37.74▼ 11.01%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:42 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt