Summary:
- Texas Instruments forecasts Q2 revenue surpassing analyst expectations, leading to a stock surge.
- Analysts provide a mixed outlook with an average price target of $181.20.
- GuruFocus estimates indicate a moderate upside for TXN shares.
Texas Instruments (TXN, Financial) has set a promising tone for the second quarter, projecting revenue between $4.17 billion and $4.53 billion. This surpasses Wall Street's average estimate of $4.12 billion. The positive outlook, fueled by a resurgence in demand within the industrial and automotive sectors, propelled the company's shares upward by approximately 5%. Notably, Texas Instruments experienced an 11% increase in first-quarter revenue, reaching a total of $4.07 billion.
Wall Street Analysts' Expectations
Wall Street remains attentive, with 27 analysts projecting a one-year average price target of $181.20 for Texas Instruments Inc (TXN, Financial). The price target spectrum includes a high of $250.00 and a low of $125.00, reflecting a potential upside of 19.09% from the current trading price of $152.15. More comprehensive predictions are available on the Texas Instruments Inc (TXN) Forecast page.
The consensus among 36 brokerage firms places Texas Instruments Inc (TXN, Financial) with an average rating of 2.8, which translates to a "Hold" status. This rating scale ranges from 1 (Strong Buy) to 5 (Sell), indicating cautious optimism among analysts.
GuruFocus Value Insights
According to GuruFocus, the projected GF Value for Texas Instruments Inc (TXN, Financial) in the coming year is $162.04, suggesting a modest upside potential of 6.5% from the current price of $152.15. The GF Value is a critical metric from GuruFocus that estimates the intrinsic value of a stock based on historical trading multiples, previous business growth, and anticipated future performance. For further details, visit the Texas Instruments Inc (TXN) Summary page.
