Last Updated: 10 Nov 2024
Executive Summary
Texas Instruments Incorporated (TXN) is a leading semiconductor company with a strong financial position and a history of innovation. The company's shares are currently trading at $220.29, near their 52-week high. Analysts are generally positive on the stock, with a consensus target price of $206.39.
Company Overview
Texas Instruments is a global semiconductor company that designs, manufactures, and sells a wide range of analog and embedded processing products. The company's products are used in a variety of applications, including automotive, industrial, and consumer electronics. Texas Instruments has a strong market position and is one of the top 10 semiconductor companies worldwide based on sales volume.
Fundamental Analysis
Texas Instruments has a strong financial position. The company has a healthy balance sheet with low debt and a strong cash position. The company's profitability metrics are also strong, with a gross profit margin of 31.6% and an operating margin of 37.3%. Texas Instruments has a history of consistent earnings growth, and the company is expected to continue to grow its earnings in the future.
Technical Analysis
The technical analysis of Texas Instruments' stock is mixed. The stock is currently trading near its 52-week high, and the 50-day and 200-day moving averages are both trending higher. However, the stock is also overbought, and there is some resistance at the current price level.
Short Term Outlook
The short-term outlook for Texas Instruments stock is positive. The company is expected to continue to benefit from the strong demand for semiconductors. The stock is also trading near its 52-week high, and the technical indicators are positive.
Long Term Outlook
The long-term outlook for Texas Instruments stock is also positive. The company is a leader in the semiconductor industry, and the demand for semiconductors is expected to continue to grow in the future. The company's strong financial position and history of innovation position it well for continued success.
Analyst Recommendations
Analysts are generally positive on Texas Instruments stock. The consensus target price is $206.39, which represents a potential upside of 6.3% from the current price. Of the 34 analysts covering the stock, 2 rate it a strong buy, 9 rate it a buy, 18 rate it a hold, 3 rate it a sell, and 2 rate it a strong sell.
