Key Takeaways:
- Texas Instruments (TXN, Financial) delivered robust first-quarter results, pushing its stock up by 5%.
- Optimistic second-quarter earnings guidance suggests continued momentum for the analog chipmaker.
- The consensus among analysts indicates a "Hold" recommendation, with a moderate potential upside.
Texas Instruments (TXN) experienced a notable 5% increase in its stock price, a response to the company's impressive first-quarter performance. The analog chip giant exceeded market expectations, backing these results with a promising outlook for the second quarter. They have projected earnings between $1.21 and $1.47 per share, with anticipated revenues ranging from $4.17 billion to $4.53 billion.
Wall Street Analysts' Forecast
According to 27 analysts offering one-year price targets for Texas Instruments Inc (TXN, Financial), the average target is set at $181.20. This figure represents a potential upside of 19.09% from the current stock price of $152.15. The high estimate reaches $250.00, while the low is $125.00. For more detailed data, visit the Texas Instruments Inc (TXN) Forecast page.
The consensus among 36 brokerage firms suggests a "Hold" status for Texas Instruments Inc (TXN, Financial), with an average brokerage recommendation score of 2.8. The rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies Sell.
GuruFocus Valuation
Per GuruFocus estimates, the projected GF Value for Texas Instruments Inc (TXN, Financial) in the coming year stands at $162.04. This suggests a potential upside of 6.5% from the current trading price of $152.15. The GF Value is GuruFocus' assessment of the stock's fair trading value, calculated from historical trading multiples, past business growth, and future business performance expectations. For further details, please refer to the Texas Instruments Inc (TXN) Summary page.
