Summary:
- Texas Instruments (TXN, Financial) beats Q1 earnings expectations, driving a 7% share price increase.
- Analysts project a notable upside potential based on average price targets.
- Current brokerage recommendations suggest a "Hold" rating for TXN.
Texas Instruments (TXN) recently reported robust first-quarter financial results, surprising investors with an earnings-per-share (EPS) of $1.28. This figure surpassed expectations by $0.22. Additionally, the semiconductor giant's revenue achieved $4.07 billion, exceeding forecasts by $160 million and showing a remarkable 11.2% growth from the previous year. Looking ahead, TXN anticipates second-quarter revenue between $4.17 billion and $4.53 billion, with its EPS outlook ranging from $1.21 to $1.47. Encouraged by these results, shares climbed 7% post-announcement.
Wall Street Analysts Forecast
According to projections from 27 industry analysts, the average one-year price target for Texas Instruments Inc (TXN, Financial) stands at $190.23. The projections span from a high of $284.00 to a low of $125.00, indicating a potential upside of 25.28% from the current trading price of $151.85. Investors looking for more detailed forecast data can visit the Texas Instruments Inc (TXN) Forecast page.
Aggregated consensus from 36 brokerage firms currently assigns Texas Instruments Inc (TXN, Financial) an average recommendation of 2.8, classifying it as a "Hold." This scale ranges from 1 (Strong Buy) to 5 (Sell), giving investors insight into market sentiment regarding TXN.
Using the GuruFocus platform's estimates, Texas Instruments Inc (TXN, Financial) boasts an estimated GF Value of $162.04 in the upcoming year, suggesting a 6.71% upside from the present stock price of $151.845. GF Value represents GuruFocus’ calculation of the stock's fair trading value, derived from its historical trading multiples and future business performance forecasts. For a deep dive into the calculations and methodology, visit the Texas Instruments Inc (TXN) Summary page.
