Texas Instruments Incorporated (TXN)

In the past six months, Texas Instruments' stock has experienced various movements and analyst actions. As of July 21, 2025, the share price was $214.57, a decrease of -2.49% from the prior week, but over the last year, the stock has shown a 4.48% increase. Key events include analyst upgrades from Seaport Global and TD Cowen, and initiation of coverage with a Buy recommendation from Goldman Sachs. Texas Instruments reported first-quarter 2025 revenue of $4.07 billion, an 11% increase from the same quarter a year ago and a 2% sequential increase. The company's second-quarter outlook for 2025 is revenue in the range of $4.17 billion to $4.53 billion. On July 17, 2025, the board declared a third-quarter 2025 quarterly dividend. Texas Instruments announced plans to invest more than $60 billion to manufacture semiconductors in the U.S. In October 2024, Bernstein maintained a Sell rating on TXN with a $140 price target, citing concerns over overly optimistic forward-looking financial estimates and high valuation compared to peers. TXN stock declined 7.3% over the three months leading up to February 2025, underperforming the Zacks Semiconductor – General industry, largely due to weaker demand in industrial and automotive markets, margin pressure, and elevated capital expenditures.

Texas Instruments' products experience demand seasonality, particularly in the personal electronics market. The first quarter of 2025 saw a seasonal decline in personal electronics, although other markets grew sequentially. Historically, the fourth quarter often sees a normal seasonal dip in revenue. Despite these seasonal patterns, the company has observed a return to seasonal demand patterns in several markets, including personal electronics and enterprise, as of July 2024. Texas Instruments is also expanding its manufacturing footprint ahead of demand, indicating an anticipation of future growth. The company's strategic emphasis on the industrial and automotive markets is significant as these markets are believed to have the potential for faster growth than the overall semiconductor market due to secular content growth. However, the semiconductor industry is cyclical, and Texas Instruments is sensitive to these cycles, which can cause sales fluctuations.

Texas Instruments Incorporated (TI) is a multinational semiconductor company headquartered in Dallas, Texas, and is recognized as one of the top 10 semiconductor companies globally based on sales volume. It operates primarily through two segments: Analog (74% of 2023 revenue), which focuses on products that condition, amplify, and convert real-world signals and manage power, and Embedded Processing, which produces the digital brains of electronic equipment. TI's major products include analog chips, embedded processors, digital light processing (DLP) technology, and educational technology products. The company's semiconductor solutions serve a wide range of markets, including industrial, automotive, personal electronics, communications equipment, and enterprise systems.

Texas Instruments has a global manufacturing footprint with 15 worldwide sites, including wafer fabs, assembly and test factories, and bump and probe facilities. The company operates 14 manufacturing facilities globally, with key locations in the United States, Malaysia, China, and Japan. As of 2024, its revenue distribution by geography was: United States (38.09%), EMEA (26.5% in 2023), China (18.8% in 2023), Japan (10.2% in 2023), and Rest of Asia (9.8% in 2023). Approximately 14,000 of its 34,000 employees are in the Americas, 18,000 in Asia-Pacific, and 2,000 in Europe.

In the past year, Texas Instruments has maintained a positive brand reputation, evidenced by recognitions from Barron's, Forbes, WayUp, Glassdoor, and EcoVadis. Events that have affected its reputation in the past year primarily relate to market conditions and analyst sentiment rather than direct reputational damage. The company has faced challenges due to weaker demand in its key industrial and automotive markets, pressure on margins, and elevated capital expenditures. Some analysts have downgraded TXN due to concerns about overvaluation, unrealistic projections for demand trends, and tightening supply chains due to tariff wars.

Texas Instruments Incorporated (TXN) has strong institutional backing, with institutions holding approximately 88% of the company's shares. There are 3,656 institutional owners and shareholders holding a total of 923,663,861 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors hold approximately 41.47% of Texas Instruments (TXN) stock, while insiders own under 1% of the company.