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AI Equity Research · Technology

Texas Instruments Incorporated (TXN)

AI stock analysis · Semiconductors · Last analyzed Aug 16, 2026

Compass Score
3.0/5
Call
Hold
Price
$279.58
AI Target
$324.45 +16.0%
AI Analyst Summary

Texas Instruments is riding a powerful cyclical earnings recovery, with EPS surging 51.8% YoY and revenue up 22.8% as industrial and automotive analog demand rebounds from the 2023 inventory correction. A PEG of 1.23 suggests growth is partially justifying the premium valuation, and a broad analyst consensus leans constructive with 18 Buy ratings across 31 analysts. The key risk is valuation compression — at a trailing P/E of 42.6x with only a 50% EPS beat rate over recent quarters, any demand deceleration or capex overhang from its ongoing 300mm fab expansion could pressure the stock meaningfully.

Catalysts
Fundamentals
Pe Trailing P/E 42.6x / Forward P/E 26.9x · 2.0/5
Trailing P/E of 42.6x is elevated relative to the semiconductor sector median, though the forward P/E of 26.9x reflects meaningful earnings normalization ahead. Valuation remains a stretch at current prices without sustained execution.
Peg PEG 1.23 · 4.0/5
PEG of 1.23 is constructive — below the 1.5x threshold often associated with fair value for a high-quality analog semiconductor franchise. Growth is justifying a meaningful portion of the premium.
Analyst Rating Buy consensus (2.2) · 4.0/5
Consensus rating of 2.2 across 31 analysts (18 Buy / 16 Hold / 2 Sell) reflects broadly constructive sentiment. The large analyst coverage base lends credibility to the bullish lean, though meaningful Hold representation tempers conviction.
Earnings Trend EPS growth +51.8% YoY / Revenue growth +22.8% YoY · 5.0/5
EPS growth of 51.8% YoY and revenue growth of 22.8% YoY signal a strong cyclical recovery, likely driven by inventory restocking and end-market demand recovery in industrial and automotive analog chips. Growth is well above sector norms.
Price Target Beat 2 of 4 quarters beat (last 4 quarters) · 2.0/5
Beating EPS estimates in only 2 of the last 4 quarters is below average and raises questions about near-term earnings predictability. This inconsistency is a caution flag despite the strong YoY growth headline.
Management Mixed execution signals · 3.0/5
Management earns a neutral score. The strong YoY recovery and capital-intensive fab investment strategy (300mm wafer capacity buildout) reflect long-term strategic clarity, but the inconsistent EPS beat record and elevated capex cycle weigh on near-term execution confidence.
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