Texas Instruments (TXN) Tops Q1 EPS by 13c, Beats on Revenue; Offers Q2 Guidance

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Texas Instruments (TXN) PT Raised to $225 at Evercore ISI

April 24, 2024 5:12 AM EDT

Evercore ISI analyst Mark Lipacis raised the price target on Texas Instruments (NASDAQ: TXN) to $225.00 (from $213.00) while maintaining a Underperform rating.

The analyst comments "TXN underperformed the SPX by 28% over the past 15 months, but five momentum indicators signal that it is time to... More

Texas Instruments (TXN) jumps on first above-consensus guide in seven years

April 23, 2024 4:13 PM EDT

(Updated - April 24, 2024 3:52 AM EDT)

Shares of Texas Instruments (NASDAQ: TXN) surged over 7% in after-hours trading Tuesday after the semiconductor company posted better-than-expected earnings and revenue for the fiscal Q1 2024.

The chipmaker reported earnings per share (EPS) of $1.20, topping the consensus estimates of $1.07. Revenue for the quarter also... More