Texas Instruments (TXN) expects free cash flow to jump in 2026, Elliott comments

Benchmark Reiterates Buy Rating on Texas Instruments (TXN)

Benchmark analyst Cody Acree reiterated a Buy rating and $230.00 price target on Texas Instruments (NASDAQ: TXN)

The analyst comments "Tuesday afternoon, Texas Instruments held its Off-Cycle Capital Management Update Call, where the company updated its CapEx spending scenarios for FY26 and... More

Barclays Reiterates Equalweight Rating on Texas Instruments (TXN)

Barclays analyst Blayne Curtis reiterated an Equalweight rating and $210.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "The objective of the call, to signal that the company would be more flexible in approaching its multi-year capex ramp, will be received positively.... More

Texas Instruments (TXN) PT Raised to $189 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Texas Instruments (NASDAQ: TXN) to $189.00 (from $176.00) while maintaining a Sell rating.

The analyst comments "Texas Instruments (TI) hosted their first ever 'off-cycle' capital management call on August 20 (note TI typically hosts a... More

UBS Reiterates Buy Rating on Texas Instruments (TXN)

UBS analyst Timothy Arcuri reiterated a Buy rating and $250.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "TXN's off cycle capital management call checked all the boxes - especially around capex flexibility in 2026 and beyond - and should nudge the... More

Wolfe Research Reiterates Peerperform Rating on Texas Instruments (TXN)

Wolfe Research analyst Chris Caso reiterated a Peerperform rating on Texas Instruments (NASDAQ: TXN).

The analyst comments "Reiterate Peer Perform rating. As discussed on TXN's last few earnings calls, the company's various business segments have continued to experience an asynchronous inventory correction, with those segments... More

Stifel Reiterates Hold Rating on Texas Instruments (TXN)

Stifel analyst Tore Svanberg reiterated a Hold rating and $200.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "With todays updated capital management plan, we believe there has been a clear structural change not necessarily in the companys ability to achieve its FCF/ share growth targets, but rather the additional... More

Texas Instruments (TXN) PT Raised to $200 at Deutsche Bank

Deutsche Bank analyst Ross Seymore raised the price target on Texas Instruments (NASDAQ: TXN) to $200.00 (from $185.00) while maintaining a Hold rating.

The analyst comments "TXN has long been one of the most efficient allocators of capital within the semiconductor sector and we believe todays Capital Management Update should comfort... More

Elliott Issues Statement on Texas Instruments' (TXN) Capital Management Event

Elliott Investment Management L.P. (together with its affiliates "Elliott") today released the following statement attributed to Managing Partner Jesse Cohn and Partner Jason Genrich regarding Texas Instruments (NASDAQ: TXN) ("TI" or the... More

Analog chipmaker TI expects free cash flow to jump in 2026

By Arsheeya Bajwa

(Reuters) -Texas Instruments said on Tuesday its free cash flow (FCF) would jump in 2026 as demand rebounds and the analog chipmaker tightens capital spending after pressure from activist investor Elliott Investment Management.

The company has been building out its manufacturing capacity to prevent chip shortages such as those seen during the pandemic and address future demand, a move that drew investor scrutiny as expenses weighed on cash flow.

The... More

Bernstein SocGen Group Reiterates Underperform Rating on Texas Instruments (TXN)

Bernstein SocGen Group analyst Stacy Rasgon reiterated an Underperform rating and $140.00 price target on Texas Instruments (NASDAQ: TXN)

The analyst comments "We do not expect capex cuts to be articulated for this year, or next (in fact the companys CHIPS Act announcements last week, particularly the tax credits, likely dont leave much room... More

Midday movers: H&R Block, Maravai LifeSciences rise; Applied Materials falls

(Updated - August 16, 2024 12:00 PM EDT)

Investing.com -- U.S. stock futures were unchanged Friday, consolidating recent gains after healthy economic data eased concerns of an imminent recession.

Here are some of the biggest U.S. stock movers today:

Ford (NYSE: F) stock fell 0.6% after the National Highway Traffic Safety Administration stated that the auto giant is recalling about 85,000 Explorer SUVs equipped with the Police... More

Texas Instruments (TXN) signs prelim agreement for up to $1.6B in CHIPS and Science Act proposed funding for semiconductor manufacturing in Texas and Utah

Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce have signed a non-binding Preliminary Memorandum of Terms for up to $1.6 billion in proposed direct funding under the CHIPS and Science Act to support three 300mm wafer fabs already under construction in Texas and Utah. In addition, TI expects to receive an estimated $6 billion to $8... More