Texas Instruments (TXN) PT Lowered to $215 at BofA Securities

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KeyBanc Reiterates Overweight Rating on Texas Instruments (TXN)

October 23, 2024 8:16 AM EDT

KeyBanc analyst John Vinh reiterated an Overweight rating and $250.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst commented, "TXN reported 3Q results, which beat, and guided 4Q below. Results reflect strength in Auto, which grew ~7.5% q/q driven by... More

TD Cowen Reiterates Hold Rating on Texas Instruments (TXN)

October 23, 2024 7:45 AM EDT

TD Cowen analyst Joshua Buchalter reiterated a Hold rating and $200.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst commented, "3Q print better than feared as Auto surprisingly grew from strength in China and non Industrial segments recover, driving higher 3Q GM.... More

Texas Instruments (TXN) PT Lowered to $190 at Truist Securities

October 23, 2024 7:09 AM EDT

Truist Securities analyst William Stein lowered the price target on Texas Instruments (NASDAQ: TXN) to $190.00 (from $198.00) while maintaining a Hold rating.... More

Texas Instruments (TXN) PT Lowered to $175 at Baird

October 23, 2024 6:29 AM EDT

Baird analyst Tristan Gerra lowered the price target on Texas Instruments (NASDAQ: TXN) to $175.00 (from $200.00) while maintaining a Neutral rating.

The analyst comments "Cyclical recovery or shipment step-up back to end-demand levels? Sequential revenue growth in all of TI's end-markets except... More

Goldman Sachs Reiterates Sell Rating on Texas Instruments (TXN)

October 23, 2024 6:14 AM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Sell rating and $190.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "Although the sequential increase in 3Q24 Automotive revenue, primarily driven by strength in China, came as a positive surprise and the market may perceive TIs... More

Texas Instruments (TXN) PT Raised to $298 at Evercore ISI

October 23, 2024 5:55 AM EDT

Evercore ISI analyst Mark Lipacis raised the price target on Texas Instruments (NASDAQ: TXN) to $298.00 (from $268.00) while maintaining a Outperform rating.

The analyst comments "Expect 4Q Upside, We are Buyers. We recommend adding to TXN positions as we model 4Q revenues of $4.1B, above the high-end of the companys guided range of $3.7-4.0B. We show that in 4Q02, 4Q09, and 4Q20 TXN managed to generate revenues that were at or above the high-end of the guided range due to 1) 5-to-9 quarters of EMS and Disti inventory... More

Texas Instruments (TXN) PT Lowered to $200 at Barclays

October 23, 2024 3:12 AM EDT

Barclays analyst Blayne Curtis lowered the price target on Texas Instruments (NASDAQ: TXN) to $200.00 (from $210.00) while maintaining a Equalweight rating.... More

TI profit beats points to China automotive chip rebound as industrial weakness persists

October 22, 2024 4:05 PM EDT

By Arsheeya Bajwa

(Reuters) -Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China's automotive market, sending its shares up 4% in extended trading.

Sales of TI's semiconductors, which help power electronic devices, have been bolstered by improving orders from smartphone and PC providers, supported by a rebound in end-market demand.

Revenue from the automotive market also rose upper-single-digits sequentially, CEO Haviv Ilan... More

Texas Instruments (TXN) Tops Q3 EPS by 9c, Beats on Revenue; Offers Weak Q4 Guidance

October 22, 2024 4:02 PM EDT

Texas Instruments (NASDAQ: TXN) reported Q3 EPS of $1.47, $0.09 better than the analyst estimate of $1.38. Revenue for the quarter came in at $4.15 billion versus the consensus estimate of $4.12 billion.

GUIDANCE:

Texas Instruments sees Q4 2024 EPS of $1.07-$1.29, versus the consensus of... More

Texas Instruments (TXN) October 25 weekly option implied volatility into quarter results

October 21, 2024 11:01 AM EDT

Texas Instruments (NASDAQ: TXN) October 25 weekly call option implied volatility is at 62, November is at 39; compared to its 52-week range of 18 to 41; into the expected release of quarter results before the bell on October 22.

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Texas Instruments will kick off Q3 semiconductor earnings season. Here's what to expect

October 21, 2024 8:30 AM EDT

The third-quarter earnings season is kicking into high gear, with Texas Instruments (NASDAQ: TXN) set to lead off the semiconductor sector.

Analysts at KeyBanc Capital Markets expect overall end-demand trends to remain weak, with third-quarter growth likely to stay below typical seasonal levels. More broadly, they anticipate muted results and guidance from TXN and its peers in the analog sector.

The cautious outlook reflects recent strength in China being counterbalanced by feedback from distribution channels indicating weaker demand trends across key markets, including automotive and industrial sectors, which account for over 70%... More

Texas Instruments (TXN) PT Lowered to $240 at Susquehanna

October 21, 2024 7:47 AM EDT

Susquehanna analyst Christopher Rolland lowered the price target on Texas Instruments (NASDAQ: TXN) to $240.00 (from $250.00) while maintaining a Positive rating.... More

Texas Instruments (TXN) October 25 weekly 200 straddle priced into quarter results

October 21, 2024 5:33 AM EDT

Texas Instruments (NASDAQ: TXN) October 25 weekly 200 straddle priced for a move of 5% into the expected release of quarter results before the bell on October 22.

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