Stocks · Technology · Semiconductors
Texas Instruments Incorporated TXN
$293.80 +4.44% Close, Oct 2, 2026 · NASDAQ · Market cap $268.31B
High qualityStrong trendLow risk
Next earnings report: Oct 21, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 44.7× trailing earnings, higher than 95% of the company's own readings over the past five years.
- The stock is in an uptrend: above its 200-day average for 129 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $19.45B, up 16.7% from a year earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth67Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 40%
- EPS growth (TTM, YoY)Top 45%
- FCF growth (TTM, YoY)Top 4%
- Revenue growth, 3-year CAGRBottom 19%
- Revenue growth accelerationTop 38%
Quality83Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 10%
- Gross marginTop 41%
- Operating marginTop 4%
- Cash conversion (OCF / net income)Bottom 38%
- Accruals (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Bottom 39%
- Interest coverTop 25%
Value34Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 36%
- Free-cash-flow yieldBottom 41%
- EBITDA / enterprise valueTop 48%
- Sales / enterprise valueBottom 17%
- P/E vs own 5-year history (lower is better)Bottom 10%
Momentum82Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 25%
- 6-month returnTop 29%
- 1-year return vs S&P 500Top 23%
- Distance from 52-week highTop 23%
- Trend checklist (0–4)Top 18%
Revisions21Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 50%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 27%
- Upside to consensus price targetBottom 31%
Stability86Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 8%
- Maximum drawdown, 3 yearsTop 5%
- Beta vs S&P 500 (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Bottom 39%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.9% | 16.7% | ↑ |
| EPS growth (YoY) | 11.0% | 20.5% | ↑ |
| Gross margin | 58.0% | 58.3% | ↑ |
| Operating margin | 34.9% | 37.3% | ↑ |
| FCF margin | 9.0% | 27.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 16.7% | 14.9% | ↑ | Top 40% |
| EPS growth (TTM, YoY) | 20.5% | 11.0% | ↑ | Top 45% |
| Gross margin | 58.3% | 58.0% | ↑ | Top 41% |
| Operating margin | 37.3% | 34.9% | ↑ | Top 4% |
| Net margin | 31.1% | 30.2% | ↑ | — |
| Free-cash-flow margin | 27.5% | 9.0% | ↑ | — |
| Return on invested capital | 18.8% | — | Top 10% | |
| Revenue growth, 3-year CAGR | -4.1% | — | Bottom 19% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.43×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -53.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.14×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 12.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.91%
- Net buyback yield (TTM)
- -0.08%
- Shareholder yield
- 1.83%
- Share count change, 1 year
- +0.9%
- Share count change, 3-year CAGR
- +0.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 24, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +8.3%
- Average 2-day reaction, last 8
- +1.0%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $325.00
- Target vs current price
- +10.6%
- Analysts with a rating
- 65
- Share rating Buy or Strong Buy
- 48%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +12.0% | +1.0% | -4.9% | -6.5% | — |
| Apr 22, 2026 | +23.5% | +1.4% | +13.7% | +29.7% | +21.8% |
| Jan 27, 2026 | -1.6% | +0.0% | +14.5% | +8.5% | +20.2% |
| Oct 21, 2025 | -0.7% | +0.7% | -5.7% | -13.7% | +5.3% |
| Jul 22, 2025 | +3.7% | +0.2% | -11.8% | -9.4% | -18.9% |
| Apr 23, 2025 | +19.6% | +3.7% | +9.5% | +28.6% | +47.6% |
| Jan 23, 2025 | +8.3% | +1.8% | -8.5% | +3.5% | -24.7% |
| Oct 22, 2024 | +6.5% | -0.9% | +5.1% | +5.8% | -1.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | $2.14 | $1.91 | +12.0% | $5.46B |
| Apr 22, 2026 | $1.68 | $1.36 | +23.5% | $4.83B |
| Jan 27, 2026 | $1.27 | $1.29 | -1.6% | $4.42B |
| Oct 21, 2025 | $1.48 | $1.49 | -0.7% | $4.74B |
| Jul 22, 2025 | $1.41 | $1.36 | +3.7% | $4.45B |
| Apr 23, 2025 | $1.28 | $1.07 | +19.6% | $4.07B |
| Jan 23, 2025 | $1.30 | $1.20 | +8.3% | $4.01B |
| Oct 22, 2024 | $1.47 | $1.38 | +6.5% | $4.15B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 44.7× | 25.6× | 95th | Top 36% |
| P/E (forward) | 34.5× | — | — | — |
| EV / EBITDA | 30.6× | — | — | Top 48% |
| EV / Sales | 14.33× | — | — | Bottom 17% |
| Free-cash-flow yield | 2.00% | — | — | Bottom 41% |
| Earnings yield | 2.24% | — | — | Top 36% |
P/E over the past five years
Range 16.5× – 47.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +62.9%
- Earnings per share growth (TTM)
- +20.5%
- Change in P/E multiple
- +21.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 6
- Days above the 200-day average
- 129
- 50-day average slope (20 days)
- -3.8%
- 200-day average slope (20 days)
- +4.2%
- Distance from 50-day average
- +8.6%
- Distance from 200-day average
- +18.1%
- RSI (14)
- 70.4
- Relative volume
- 0.87×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 32.8%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.24
- Correlation with S&P 500
- 0.48
- Current drawdown from 1-year high
- -11.6%
- Maximum drawdown, 3 years
- -33.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 8, 2024 | Apr 21, 2025 | -33.9% | 109 days | 56 days (Jul 11, 2025) |
| Jul 11, 2025 | Nov 20, 2025 | -30.7% | 93 days | 48 days (Feb 2, 2026) |
| Oct 21, 2021 | Oct 30, 2023 | -30.2% | 508 days | 141 days (May 22, 2024) |
| Jun 22, 2026 | Sep 1, 2026 | -23.8% | 50 days | Not yet recovered |
| Feb 11, 2026 | Mar 30, 2026 | -17.7% | 32 days | 13 days (Apr 17, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $268.31B
- P/E (TTM)
- 44.7
- EPS, diluted (TTM)
- $6.58
- Revenue (TTM)
- $19.45B
- Dividend yield
- 2.45%
- 52-week range
- $152.73 – $334.03
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $18.34B | $20.03B | $17.52B | $15.64B | $17.68B |
| Gross profit | $12.38B | $13.77B | $11.02B | $9.09B | $10.08B |
| Operating income | $8.96B | $10.14B | $7.33B | $5.46B | $6.02B |
| Net income | $7.77B | $8.75B | $6.51B | $4.80B | $5.00B |
| EPS (diluted) | $8.27 | $9.41 | $7.07 | $5.20 | $5.45 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.15B | $4.01B | $4.07B | $4.45B | $4.74B | $4.42B | $4.83B | $5.46B |
| Net income | $1.36B | $1.21B | $1.18B | $1.29B | $1.36B | $1.16B | $1.54B | $1.98B |
| EPS (diluted) | $1.47 | $1.30 | $1.28 | $1.41 | $1.48 | $1.27 | $1.69 | $2.14 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $8.76B | $8.72B | $6.42B | $6.32B | $7.15B |
| Capital expenditure | -$2.46B | -$2.80B | -$5.07B | -$4.82B | -$4.55B |
| Free cash flow | $6.29B | $5.92B | $1.35B | $1.50B | $2.60B |
| Dividends paid | -$3.89B | -$4.30B | -$4.56B | -$4.79B | -$5.00B |
| Net share buybacks | -$150.0M | -$3.37B | -$30.0M | -$412.0M | -$1.08B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $7.00B
- Total assets
- $35.88B
- Total liabilities
- $17.88B
- Total debt
- $14.05B
- Net debt
- $10.39B
- Shareholders’ equity
- $18.01B
As of Jun 30, 2026 (filed Jul 24, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 30, 2026 | $1.52 | Nov 10, 2026 |
| Jul 31, 2026 | $1.42 | Aug 11, 2026 |
| May 5, 2026 | $1.42 | May 19, 2026 |
| Jan 30, 2026 | $1.42 | Feb 10, 2026 |
| Oct 31, 2025 | $1.42 | Nov 12, 2025 |
| Jul 31, 2025 | $1.36 | Aug 12, 2025 |
| Apr 30, 2025 | $1.36 | May 13, 2025 |
| Jan 31, 2025 | $1.36 | Feb 11, 2025 |
Short interest
- Shares sold short
- 19,753,135
- Days to cover
- 3.87
- Change vs previous report
- -7.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 23, 2000
- 2-for-1
- Aug 17, 1999
- 2-for-1
- Nov 24, 1997
- 2-for-1
- Aug 21, 1995
- 2-for-1
- Jun 15, 1987
- 3-for-1