Texas Instruments (NASDAQ:TXN) Releases Q3 2026 Earnings Guidance

Texas Instruments (NASDAQ:TXN) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.230-2.570 for the period, compared to the consensus estimate of 2.110. The company issued revenue guidance of $5.7 billion-$6.2 billion, compared to the consensus revenue estimate of $5.5 billion.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Morgan Stanley upped their price target on shares of Texas Instruments from $221.00 to $230.00 and gave the stock an “underweight” rating in a research report on Monday. Benchmark raised their price target on Texas Instruments from $250.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. HC Wainwright cut Texas Instruments to a “neutral” rating in a research note on Friday, May 22nd. Jefferies Financial Group raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Friday, May 22nd. Finally, The Goldman Sachs Group increased their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Thursday, April 23rd. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $285.44.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $2.89 during trading on Wednesday, hitting $294.19. 10,641,024 shares of the company were exchanged, compared to its average volume of 8,154,638. The company has a quick ratio of 2.94, a current ratio of 4.46 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $267.74 billion, a P/E ratio of 50.38, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32. Texas Instruments has a 1-year low of $152.73 and a 1-year high of $334.03. The business’s 50 day moving average is $302.23 and its 200-day moving average is $245.54.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The company had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.24 billion. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Equities analysts forecast that Texas Instruments will post 7.68 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Friday, July 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, July 31st. Texas Instruments’s payout ratio is presently 97.26%.

Insider Activity

In related news, VP Mark T. Roberts sold 28,080 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $280.34, for a total value of $7,871,947.20. Following the transaction, the vice president directly owned 53,809 shares in the company, valued at $15,084,815.06. This trade represents a 34.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Haviv Ilan sold 20,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $280.32, for a total transaction of $5,606,400.00. Following the sale, the chief executive officer directly owned 204,339 shares of the company’s stock, valued at approximately $57,280,308.48. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 303,475 shares of company stock valued at $85,666,638. Corporate insiders own 0.60% of the company’s stock.

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Susquehanna raised its price target on Texas Instruments from $300 to $340 ahead of earnings, signaling confidence in the chipmaker’s near-term fundamentals and helping support the shares. Why Texas Instruments (TXN) Stock Is Trading Up Today
• Positive Sentiment: Analysts and market commentators are highlighting Texas Instruments as a stable dividend-growth stock, with a long history of payout increases and a yield that can attract defensive investors during a volatile market. A Boring Dividend Growth Strategy Becomes a Solid Defensive Play (TXN)
• Positive Sentiment: TXN is also drawing support from technical traders after bouncing from key chart support around the $280 area, suggesting buyers are stepping in ahead of earnings. Semiconductor Stock Builds on Key Technical Support
• Neutral Sentiment: Investors are watching Texas Instruments’ Q2 report closely, with the biggest focus on margins, guidance, and whether management can justify elevated expectations for demand tied to industrial recovery and AI-related semiconductor demand. Texas Instruments earnings preview: Wall Street’s high bars rest on Q2 margins, guidance
• Neutral Sentiment: The stock is also part of a broader semiconductor rebound as chip names gain traction when risk appetite improves, but sector volatility remains a factor heading into Big Tech and chip earnings. 5 Things to Know Before the Stock Market Opens on Tuesday
• Negative Sentiment: Some coverage emphasizes that TXN must clear a high bar on earnings, and any disappointment in margins, revenue, or guidance could pressure the stock after its recent run. Tech Faces a Moment of Truth as Earnings Test the Rally

Hedge Funds Weigh In On Texas Instruments

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sumitomo Life Insurance Co. lifted its holdings in Texas Instruments by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 7,356 shares of the semiconductor company’s stock valued at $1,276,000 after acquiring an additional 47 shares during the last quarter. ANB Bank increased its stake in Texas Instruments by 0.7% during the fourth quarter. ANB Bank now owns 8,748 shares of the semiconductor company’s stock worth $1,518,000 after acquiring an additional 57 shares during the last quarter. Vista Investment Management raised its position in Texas Instruments by 1.3% in the fourth quarter. Vista Investment Management now owns 4,297 shares of the semiconductor company’s stock valued at $745,000 after purchasing an additional 57 shares during the period. Annandale Capital LLC raised its position in Texas Instruments by 0.3% in the third quarter. Annandale Capital LLC now owns 20,650 shares of the semiconductor company’s stock valued at $3,794,000 after purchasing an additional 70 shares during the period. Finally, Alpine Woods Capital Investors LLC lifted its stake in shares of Texas Instruments by 0.3% in the 4th quarter. Alpine Woods Capital Investors LLC now owns 26,076 shares of the semiconductor company’s stock valued at $4,524,000 after purchasing an additional 73 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

About Texas Instruments

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.