Texas Instruments Q3 Earnings Forecast Lifted by KeyCorp

Texas Instruments Incorporated (NASDAQ:TXN) – Research analysts at KeyCorp lifted their Q3 2026 earnings per share estimates for Texas Instruments in a report released on Wednesday, October 14th. KeyCorp analyst J. Vinh now expects that the semiconductor company will post earnings of $2.48 per share for the quarter, up from their previous forecast of $2.23. KeyCorp has an “Overweight” rating and a $400.00 price target on the stock. The consensus estimate for Texas Instruments’ current full-year earnings is $8.48 per share. KeyCorp also issued estimates for Texas Instruments’ Q4 2026 earnings at $2.47 EPS, FY2026 earnings at $8.77 EPS, Q1 2027 earnings at $2.64 EPS, Q2 2027 earnings at $3.15 EPS, Q3 2027 earnings at $3.31 EPS, Q4 2027 earnings at $2.82 EPS and FY2027 earnings at $11.92 EPS.

A number of other research analysts have also recently issued reports on TXN. Wall Street Zen raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Evercore reaffirmed an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Stifel Nicolaus upped their target price on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Mizuho increased their target price on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Finally, Susquehanna lifted their price target on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. Sixteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $303.57.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $276.15 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The business’s fifty day moving average price is $271.67 and its two-hundred day moving average price is $277.63. Texas Instruments has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The stock has a market capitalization of $252.19 billion, a price-to-earnings ratio of 42.08, a price-to-earnings-growth ratio of 1.54 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. The business had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. Texas Instruments’s revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the company earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS.

Institutional Trading of Texas Instruments

Large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in Texas Instruments during the second quarter worth approximately $24,607,313,000. Bank of New York Mellon Corp bought a new stake in Texas Instruments in the second quarter valued at approximately $4,488,666,000. Bank of America Corp DE bought a new stake in Texas Instruments in the second quarter valued at approximately $3,700,842,000. Van ECK Associates Corp lifted its position in shares of Texas Instruments by 1.5% in the second quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock valued at $3,621,302,000 after buying an additional 177,511 shares during the last quarter. Finally, Primecap Management Co. CA acquired a new stake in shares of Texas Instruments in the second quarter valued at approximately $2,538,063,000. Institutional investors own 84.99% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be issued a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a yield of 2.2%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s payout ratio is 86.45%.

Texas Instruments News Summary

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: UBS names TXN a top pick: UBS identified Texas Instruments as a preferred semiconductor stock amid expectations for an upswing in the analog-chip cycle, offering a potential catalyst for earnings and revenue growth. UBS Identifies TXN as Top Pick Amid Upswing in Analog Chip Cycle
• Positive Sentiment: KeyCorp raises its earnings forecast: KeyCorp increased its forecast for Texas Instruments’ third-quarter earnings, signaling improving expectations for the company’s near-term performance. TXN previously reported better-than-expected quarterly revenue and EPS, with strong year-over-year growth. Texas Instruments Q3 Earnings Forecast Raised by KeyCorp
• Positive Sentiment: Dividend and business durability remain attractive: Analysts continue to highlight TXN’s recurring demand for analog chips and embedded processors across industrial, automotive, data-center and consumer markets. Its cash generation and long history of dividend growth support its appeal to income-focused investors. Texas Instruments: 3 Things to Watch Before Buying the Dividend Stock
• Neutral Sentiment: Income comparison is mixed: TXN offers a higher dividend yield than Broadcom, while Broadcom has stronger recent dividend coverage. This reinforces TXN’s income appeal but also keeps attention on whether its large manufacturing investments can be funded without pressuring shareholder returns. Broadcom vs. Texas Instruments
• Negative Sentiment: Valuation and fund flows weigh on the stock: TXN trades at a relatively elevated earnings multiple, making it sensitive to any slowdown in analog demand or disappointment from its capital-spending program. ETFs were reported as net sellers, adding short-term technical pressure. ETFs Are Net Sellers of Texas Instruments

About Texas Instruments

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.