Citi analyst Christopher Danely reiterated a Buy rating and a $345.00 price target on Texas Instruments (NASDAQ: TXN).

Danely said his second-quarter and third-quarter earnings per share estimates are 1% and 4% above consensus, respectively. His 2026 and 2027 EPS estimates of $8.03 and $10.10 are 4% and 13% above consensus, which he attributed to projected strength in industrial and data center end markets and higher gross margins.

Texas Instruments is scheduled to report its June-quarter earnings on July 22. Shares closed at $298.57 prior to the announcement.