Texas Instruments Incorporated (TXN)

NASDAQ: TXN · USD

$310

+1.08 (+0.3%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-09

Our latest published analysis: TXN rated Sell

Texas Instruments Incorporated's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$110 / share

Potential value

$137 / share

Upside to FV

-57.7%

from $310

Moat

1/10

None

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$236.5B
Revenue (ttm)	20.8B
Net income (ttm)	7.1B
EPS (ttm)	$7.72
Shares out	913.8M
P/E (trailing)	40.2x
P/E (forward)	26.1x
Dividend	$6.08 (1.98%)
Volume	4,126,503
Beta	1.34

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 20.8B
Net income (ttm): 7.1B
EPS (ttm): $7.72
P/E (trailing): 40.2x
P/E (forward): 26.1x
Market cap: $236.5B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$18.34B	$20.03B	$17.52B	$15.64B	$17.68B	-0.9%
Gross profit	$12.38B	$13.77B	$11.02B	$9.09B	$10.08B	-5.0%
Operating income	$8.96B	$10.14B	$7.33B	$5.47B	$6.02B	-9.5%
Net income	$7.77B	$8.75B	$6.51B	$4.80B	$5.00B	-10.4%
EPS (diluted)	$8.26	$9.41	$7.07	$5.20	$5.45	-9.9%
EBITDA	$10.06B	$11.23B	$8.50B	$7.54B	$8.25B	-4.8%
R&D	$1.55B	$1.67B	$1.86B	$1.96B	$2.08B	+7.6%
SG&A	$1.67B	$1.70B	$1.83B	$1.79B	$1.86B	+2.8%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABBV	AbbVie Inc.	505.6B	80.8x	7.9x	17.7%	+3.7%	+29.1%	Sprzedaj
ABT	Abbott Laboratories	177.6B	38.2x	3.7x	7.2%	+2.7%	-17.2%	Redukuj
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	Trzymaj
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	Sprzedaj
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	Zdecydowanie kupuj
ADI	Analog Devices, Inc.	207.6B	50.9x	14.8x	11.0%	+16.4%	+76.9%	Sprzedaj

Base and Bull scenarios

Base60%

Price target

$109.62

-57.7% from spot

The path is supported if FY2027 revenue and diluted EPS remain within their dated forecast ranges. Results below those ranges would weaken the expected recovery.

FY2027 revenue and diluted EPS remain within their dated forecast ranges.
The path assumes capital spending declines from the FY2025 reported level.

Bull20%

Price target

$137.20

-47.0% from spot

This path raises profit and cash without requiring investors to pay a higher valuation for each dollar of earnings. Persistent heavy reinvestment would disconfirm it.

FY2027 consolidated revenue reaches its dated forecast range. Analog participates after its FY2025 revenue exceeded Embedded Processing and All Other segment revenue.
Capex continues declining while free cash flow improves.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($109.62). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	2.0%	2.5%	3.0%	3.5%
7.9%	$126	$130	$135	$140	$148
8.9%	$114	$117	$120	$124	$129
9.9%	$105	$107	$110	$112	$115
10.9%	$97.8	$99.4	$101	$103	$105
11.9%	$91.7	$92.9	$94.3	$95.8	$97.4

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E26.1

P25 n/aP50 n/aP75 n/a

Trailing P/E39.3

P25 n/aP50 n/aP75 n/a

ROE39.7

P25 n/aP50 n/aP75 n/a

ROIC30.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TXN indicators

Market & fundamental data

Available fields

293

Groups with data

Currency

USD

Showing 293 of 293 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000097476
Company name	Texas Instruments Incorporated
Country	United States
Country code	US
CUSIP number	882508104
Earnings date	2026-10-21
Earnings time	amc
Employees	33,000
Employees change	-1,000
Employees growth	-2.94%
Enterprise value	$288.7B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1930
In index	SP500, NASDAQ100
Industry	Semiconductors
Is primary listing	Yes
Is SPAC	No
ISIN number	US8825081040
Last 10-K release date	2026-02-06
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Last stock split date	2000-05-23
Last stock split type	Forward
Market cap	$283.3B
Market cap category	Mega-Cap
Next earnings date	2027-01-26
Options	Yes
Price	$310.00
Price currency	USD
Sector	Technology
SIC code	3674
Stock price date	2026-10-28
Symbol	TXN
U.S. state	Texas
Website	https://www.ti.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	39.63x
Average P/E ratio (10Y)	25.59x
Average P/E ratio (3Y)	34.09x
Average P/E ratio (5Y)	28.22x
Earnings yield	2.49%
EV/Earnings	40.27x
EV/EBIT	33.38x
EV/EBITDA	26.59x
EV/FCF	38.92x
EV/Sales	13.72x
FCF / EV yield	2.57%
FCF yield	2.62%
Forward EV/Sales	11.1x
Forward P/E	26.94x
Forward P/S	10.89x
Graham number	60.3638
Graham upside	-80.26%
Industry forward P/E	13.58x
Industry P/E	26.27x
Lynch fair value	$38.58
Lynch upside	-87.38%
P/(FCF - SBC) ratio	40.46x
P/(OCF - SBC) ratio	29.46x
P/B ratio	14.72x
P/E ratio	40.18x
P/FCF ratio	38.18x
P/OCF ratio	28.23x
P/S ratio	13.45x
PEG ratio	0.97x
Price / tangible book value	19.2x
Price/EBITDA ratio	26.08x
Sector forward P/E	18.38x
Sector P/E	32.76x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	41.09%
EBITDA margin	51.59%
Effective tax rate	12.5%
FCF margin	35.24%
Gross margin	60.24%
Operating margin	41.09%
Pretax margin	39.15%
Profit margin	34.25%
Profit per employee	$214,303
Profitable quarters	95
Profitable years	23
Revenue per employee	$629,273
ROA	14.85%
ROA (5Y)	17.4%
ROCE	25.23%
ROE	39.72%
ROE (5Y)	46.32%
ROIC	30.07%
ROIC (5Y)	44.41%
SBC / revenue	1.98%
Tax / revenue	4.89%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	40.54%
EPS growth (Q)	77.03%
EPS growth (QoQ)	22.43%
EPS growth 10Y	8.98%
EPS growth 3Y	0%
EPS growth 5Y	-0.19%
EPS growth quarters	3
EPS growth years	1
FCF growth	251.83%
FCF growth (Q)	197.68%
FCF growth (QoQ)	35.04%
FCF growth 3Y	64.37%
FCF growth 5Y	0.52%
Gross profit growth	26.05%
Gross profit growth (Q)	42.75%
Gross profit growth 3Y	2.33%
Gross profit growth 5Y	1.4%
Net income growth	41.05%
Net income growth (Q)	77.79%
Net income growth (QoQ)	22.45%
Net income growth 3Y	0.04%
Net income growth 5Y	-0.6%
Net income growth quarters	3
Net income growth years	1
OCF growth	43.48%
OCF growth (Q)	56.12%
OCF growth (QoQ)	26.49%
OCF growth 10Y	7.53%
OCF growth 3Y	14.82%
OCF growth 5Y	3.03%
Operating income growth	41.79%
Operating income growth (Q)	65.27%
Operating income growth 3Y	2.15%
Operating income growth 5Y	0.62%
Revenue growth	20.27%
Revenue growth (Q)	27.69%
Revenue growth (QoQ)	10.84%
Revenue growth 10Y	4.68%
Revenue growth 3Y	4.66%
Revenue growth 5Y	3.38%
Revenue growth quarters	7
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-2.6B
Depreciation and amortization	$2.2B
EBIT	$8.5B
EBITDA	$10.7B
EPS	$7.72
FCF per share	$8.01
Financing cash flow	$-5.6B
Free cash flow	$7.3B
Free cash flow minus SBC	$6.9B
Gross profit	$12.5B
Income taxes	$1B
Investing cash flow	$-3.4B
Net borrowing	$-500M
Net cash flow	$900M
Net income	$7.1B
Operating cash flow minus SBC	$9.5B
Operating income	$8.5B
Revenue	$20.8B
Stock-based compensation	$412M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	11.02
Book value per share	$20.99
Debt / EBITDA	1.26
Debt / equity	0.71
Debt / FCF	1.85
Goodwill	$4.3B
Interest coverage	15.13
Long-term assets	$20B
Long-term liabilities	$14.6B
Net cash (debt)	$-5.4B
Net cash / market cap	-1.94%
Net debt / EBITDA	0.51
Net debt / equity	0.28
Net debt / FCF	0.74
Piotroski F-Score	8
Property, plant and equipment	$11.8B
Shareholders' equity	$19.2B
Tangible book value	$14.6B
Tangible book value per share	$15.92
Total assets	$36.8B
Total cash	$8.1B
Total debt	$13.6B
Total liabilities	$17.7B
WACC	11.25%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.58
Current assets	$16.9B
Current liabilities	$3B
Current ratio	5.59
Inventory turnover	1.74
Net working capital	$6.4B
Quick ratio	3.93
Working capital	$13.9B
Working capital turnover	1.69

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.08%
Dividend growth	5.09%
Dividend growth (10Y)	13.42%
Dividend growth (3Y)	4.81%
Dividend growth (5Y)	6.54%
Dividend growth years	22
Dividend payment date	2026-11-10
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$6.08
Dividend yield	1.98%
Ex-dividend date	2026-10-30
FCF payout ratio	75.92%
Last dividend	$1.52
Payout ratio	78.8%
Shareholder yield	1.91%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	335.12%
10Y return CAGR	19.05%
10Y total return	471.87%
150-day SMA	$276.09
15Y price change	867.19%
15Y return CAGR	19.46%
15Y total return	1,340%
1D price change	0.35%
1M price change	10.68%
1M total return	10.68%
1W price change	10.79%
1W total return	10.79%
1Y price change	81.67%
1Y return CAGR	86.45%
1Y total return	86.37%
20-day SMA	$287.58
200-day SMA	$258.49
20Y price change	929.3%
20Y return CAGR	15.11%
20Y total return	1,567.76%
3M price change	10.15%
3M total return	10.71%
3Y price change	115.04%
3Y return CAGR	32.81%
3Y total return	134.31%
50-day SMA	$274.01
50-day SMA vs 200-day SMA	50over200
52-week high	$334.03
52-week high date	2026-06-22
52-week low	$152.73
52-week low date	2025-11-20
5Y price change	64.49%
5Y return CAGR	13.64%
5Y total return	89.52%
6M price change	14.2%
6M total return	15.37%
All-time high	$334.03
All-time high date	2026-06-22
All-time low	$0.65
All-time low date	1970-08-13
Average true range (ATR)	$9.33
Average volume	6.5M
Beta (1Y)	1.64
Beta (2Y)	1.24
Beta (5Y)	1.34
Change from 52-week high	-7.19%
Change from 52-week low	102.97%
Change from all-time high	-7.86%
Change from all-time low	47,459.88%
Change from open	0.77%
Day's gap	-0.42%
Dollar volume	$1.3B
High price	$310.00
Low price	$304.99
Monthly RSI	65.63
Open price	$307.62
Position in 52-week range	100%
Premarket change	-0.2%
Premarket close	$308.91
Premarket price	$308.30
Premarket volume	40.7K
Previous close	$308.91
Price vs 150-day SMA	11.47%
Price vs 20-day SMA	7.02%
Price vs 200-day SMA	19.06%
Price vs 50-day SMA	12.32%
Relative volume	0.64
RSI	68.76
Sharpe ratio	1.58
Sharpe ratio (3Y)	0.82
Sharpe ratio (5Y)	0.39
Sortino ratio	2.99
Sortino ratio (3Y)	1.45
Sortino ratio (5Y)	0.77
Volume	4.1M
Weekly RSI	63.09
YTD price change	77.39%
YTD total return	80.38%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	911.5M
Float percentage	99.76%
Shares change (QoQ)	0.11%
Shares change (YoY)	0.08%
Shares held by insiders	0.1%
Shares held by institutions	90.9%
Shares outstanding	913.8M
Short % of float	2.24%
Short % of shares	2.24%
Short ratio	3.5 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	249

Deeper analysis on TXN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this TXN report

What is the latest published TXN stock rating?

Texas Instruments Incorporated is shown with Sell in the latest published report, analyzed 2026-09-09. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full TXN analysis?

The full latest published report, analyzed 2026-09-09, lives at /stocks/TXN/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for TXN?

The latest published report analyzed 2026-09-09 gives TXN a fair value of USD 110 and a potential value of USD 137. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the TXN page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-09). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellTXN · Fair value $110-57.7%

Read full analysis →

Texas Instruments Incorporated (TXN)

Our latest published analysis: TXN rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · TXN

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All TXN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on TXN

Frequently asked questions

Historia rekomendacji

Category	Score	Reading
Valuation	1.5
Management	6.5
Balance Sheet	7.5
Profitability	8.5
Revenue Growth	7.5
Risk Assessment	7.0
Competitive Moat	1.0
Earnings Quality	9.0
Capital Efficiency	7.5