Texas Instruments (TXN) is trading down at $285.77 (-3.86%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Current price targets from 10 firms average $336, median $340, ranging from $230 to $400 — the average is 18% above the current $286. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $13.4B | $15.0B | $15.8B | $14.4B | $14.5B | $18.3B | $20.0B | $17.5B | $15.6B | $17.7B |
| Growth (year over year) | +2.8% | +11.9% | +5.5% | −8.9% | +0.5% | +26.9% | +9.2% | −12.5% | −10.7% | +13.0% |
| Gross profit | $8.26B | $9.61B | $10.3B | $9.16B | $9.27B | $12.4B | $13.8B | $11.0B | $9.09B | $10.1B |
| Gross margin | 61.8% | 64.3% | 65.1% | 63.7% | 64.1% | 67.5% | 68.8% | 62.9% | 58.1% | 57.0% |
| Operating income | $4.86B | $6.08B | $6.71B | $5.72B | $5.89B | $8.96B | $10.1B | $7.33B | $5.46B | $6.02B |
| Operating margin | 36.3% | 40.7% | 42.5% | 39.8% | 40.8% | 48.8% | 50.6% | 41.8% | 34.9% | 34.1% |
| Net income | $3.60B | $3.68B | $5.58B | $5.02B | $5.59B | $7.77B | $8.75B | $6.51B | $4.80B | $5.00B |
| Net margin | 26.9% | 24.6% | 35.4% | 34.9% | 38.7% | 42.4% | 43.7% | 37.2% | 30.7% | 28.3% |
| EPS (diluted) | $3.48 | $3.61 | $5.59 | $5.24 | $5.97 | $8.26 | $9.41 | $7.07 | $5.20 | $5.45 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.15B | $1.66B | $2.44B | $2.44B | $3.11B | $4.63B | $3.05B | $2.96B | $3.20B | $3.23B |
| Total assets | $16.4B | $17.6B | $17.1B | $18.0B | $19.4B | $24.7B | $27.2B | $32.3B | $35.5B | $34.6B |
| Total liabilities | $5.96B | $7.30B | $8.14B | $9.11B | $10.2B | $11.3B | $12.6B | $15.5B | $18.6B | $18.3B |
| Long-term debt | $2.98B | $3.58B | $4.32B | $5.30B | $6.25B | $7.24B | $8.23B | $10.6B | $12.8B | $13.5B |
| Shareholders' equity | $10.5B | $10.3B | $8.99B | $8.91B | $9.19B | $13.3B | $14.6B | $16.9B | $16.9B | $16.3B |
| Cash flow | ||||||||||
| Operating cash flow | $4.61B | $5.36B | $7.19B | $6.65B | $6.14B | $8.76B | $8.72B | $6.42B | $6.32B | $7.15B |
| Capital expenditure | $531.0M | $695.0M | $1.13B | $847.0M | $649.0M | $2.46B | $2.80B | $5.07B | $4.82B | $4.55B |
| Free cash flow | $4.08B | $4.67B | $6.06B | $5.80B | $5.49B | $6.29B | $5.92B | $1.35B | $1.50B | $2.60B |
| Dividends paid | $1.65B | $2.10B | $2.56B | $3.01B | $3.43B | $3.89B | $4.30B | $4.56B | $4.79B | $5.00B |
| Share buybacks | $2.13B | $2.56B | $5.10B | $2.96B | $2.55B | $527.0M | $3.62B | $293.0M | $929.0M | $1.48B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $4.15B | $4.01B | $4.07B | $4.45B | $4.74B | $4.42B | $4.83B | $5.46B |
| Growth (year over year) | −8.4% | −1.7% | +11.1% | +16.4% | +14.2% | +10.4% | +18.6% | +22.8% |
| Gross profit | $2.47B | $2.31B | $2.31B | $2.58B | $2.72B | $2.47B | $2.80B | $3.35B |
| Gross margin | 59.6% | 57.7% | 56.8% | 57.9% | 57.4% | 55.9% | 58.0% | 61.4% |
| Operating income | $1.55B | $1.38B | $1.32B | $1.56B | $1.66B | $1.47B | $1.81B | $2.31B |
| Operating margin | 37.4% | 34.4% | 32.5% | 35.1% | 35.1% | 33.3% | 37.5% | 42.3% |
| Net income | $1.36B | $1.21B | $1.18B | $1.29B | $1.36B | $1.16B | $1.54B | $1.98B |
| Net margin | 32.8% | 30.1% | 29.0% | 29.1% | 28.8% | 26.3% | 32.0% | 36.2% |
| EPS (diluted) | $1.47 | $1.31 | $1.28 | $1.41 | $1.48 | $1.28 | $1.68 | $2.14 |
| Balance sheet | ||||||||
| Cash and equivalents | $2.59B | $3.20B | $2.76B | $3.04B | $3.31B | $3.23B | $3.55B | $3.66B |
| Total assets | $35.3B | $35.5B | $33.8B | $34.9B | $35.0B | $34.6B | $34.4B | $35.9B |
| Total liabilities | $18.1B | $18.6B | $17.4B | $18.5B | $18.4B | $18.3B | $17.6B | $17.9B |
| Long-term debt | $12.8B | $12.8B | $12.8B | $14.0B | $13.5B | $13.5B | $12.9B | $12.9B |
| Shareholders' equity | $17.3B | $16.9B | $16.4B | $16.4B | $16.6B | $16.3B | $16.8B | $18.0B |
| Cash flow | ||||||||
| Operating cash flow | $1.73B | $2.00B | $849.0M | $1.86B | $2.19B | $2.25B | $1.52B | $2.70B |
| Capital expenditure | $1.32B | $1.19B | $1.12B | $1.30B | $1.20B | $925.0M | $676.0M | $514.0M |
| Free cash flow | $416.0M | $806.0M | −$274.0M | $555.0M | $993.0M | $1.33B | $844.0M | $2.19B |
| Dividends paid | $1.19B | $1.24B | $1.24B | $1.24B | $1.24B | $1.29B | $1.29B | $1.29B |
| Share buybacks | $318.0M | $537.0M | $653.0M | $302.0M | $119.0M | $403.0M | $158.0M | $27.0M |
From Texas Instruments's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Texas Instruments Incorporated (TI) is an American multinational semiconductor company headquartered in Dallas, Texas. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces digital light processing (DLP) technology and education technology products including calculators, microcontrollers, and multi-core processors.
Source: Wikipedia — Texas Instruments