--- title: "Weekly Recap | Texas Instruments this week, earnings beat expectations" type: "News" locale: "en" url: "https://longbridge.com/en/news/302955244.md" description: "Texas Instruments (TXN) spent the week consolidating near the upper end of its range. On Wednesday 21 October the stock gained 3.13%, breaking above the prior session’s close, and it held firm through the rest of the week. The latest print is $284.69. Against a backdrop where the S&P 500 fell 0.47% over the week, TXN did not participate in that pullback, staying resilient around its earnings release." datetime: "2026-10-24T07:08:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302955244.md) - [en](https://longbridge.com/en/news/302955244.md) - [zh-HK](https://longbridge.com/zh-HK/news/302955244.md) generator: "portal-rs" --- # Weekly Recap | Texas Instruments this week, earnings beat expectations ## The Week Texas Instruments (TXN) spent the week consolidating near the upper end of its range. On Wednesday 21 October the stock gained 3.13%, breaking above the prior session’s close, and it held firm through the rest of the week. The latest print is $284.69. Against a backdrop where the S&P 500 fell 0.47% over the week, TXN did not participate in that pullback, staying resilient around its earnings release. The early part of the week was driven by earnings expectations, and even Friday’s broader chip-sector sell-off did not drag the stock down much. ## Key Events The main story this week was the third-quarter earnings release. Wells Fargo cut its price target before the print, yet TXN shares still rose, a sign that expectations were already running high. After Wednesday’s close, the company reported Q3 revenue of $6.055 billion, up 28% year on year, beating estimates on strength in industrial, automotive, and data-centre markets. Fourth-quarter revenue guidance came in at $5.8 billion to $6.3 billion, with the midpoint above Wall Street’s view. The CEO said on the earnings call that data-centre demand has not slowed, describing it as actually growing. On a day when semis broadly sold off, TXN still outperformed most peers. ## Analyst Ratings Across 36 brokers, 18 rate TXN a buy, 2 an overweight, 13 a hold, and 2 a sell, with 1 having no opinion. The consensus rating is buy, with a consensus target of $336.86, about 18.33% above the latest price. The target range is wide, from $250 to $400. TXN ranks 10th among 78 semiconductor names. After the results, Rosenblatt kept its buy rating with a $360 target, Stifel kept its buy with a $370 target, and Freedom Broker upgraded the stock. ## The Week Ahead The focus next week shifts to macro data that could sway sentiment across the semiconductor complex. On Monday 26 October the Dallas Fed manufacturing business activity index lands, with a prior reading of 9.8, a metric closely tied to TXN’s industrial exposure. Tuesday 27 October brings a dense slate: durable goods orders, consumer confidence, FHFA house prices, and new home sales. These will shape how markets read industrial demand and data-centre spending. The next company-level marker is the FY2026 annual report due on 25 January 2027; whether the full-year performance holds up after this quarter’s beat will keep attention on TXN. ## In Short TXN enters a zone where bullish data meets stretched positioning. Fundamentals are strong: a beat, above-Street Q4 guidance, and confident comments on data-centre demand. The analyst side is also tilted upward, with a buy consensus and a target 18.33% above spot. But valuation is not cheap, at 36.69x P/E and 13.55x P/B. In the latest session’s flow, retail net buying was proportionally larger than large-lot buying, with big and mid orders contributing a noticeably smaller share. The stock has the story, but the question now is whether price can absorb these gains and whether next week’s macro prints add pressure to the industrial and data-centre trade. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [TXN.US](https://longbridge.com/en/quote/TXN.US.md) ## Related News & Research - [Texas Instruments (TXN) Takes On Factory Ethernet Tangles With New Industrial Modules](https://longbridge.com/en/news/304905177.md) - [Texas Instruments completes $2 billion notes offering](https://longbridge.com/en/news/304911321.md) - [Rocket Lab Earnings Loom: Here’s What Investors Need to Know](https://longbridge.com/en/news/304868682.md) - [‘The Worst May Not Be Over,’ Says Investor About Rocket Lab Stock](https://longbridge.com/en/news/304905914.md) - [House Democratic leader says lawmakers needs answers on Nvidia, wants China chip restrictions](https://longbridge.com/en/news/304905260.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**