BofA Raises its Price Target on Texas Instruments (TXN)

Texas Instruments Incorporated (NASDAQ:TXN) is one of the 12 Most Profitable Stocks to Invest In.

On May 25, 2026, BofA raised the firm’s price target on Texas Instruments Incorporated to $370 from $320 and maintained a Buy rating on the shares. BofA said the company’s multi-year content gains still appear underappreciated, while its core industrial and auto markets “have finally turned the corner” from headwinds to cyclical tailwinds. The firm also cited “transformative” growth in AI data.

On May 22, 2026, Seaport Research analyst Jay Goldberg upgraded Texas Instruments Incorporated to Buy from Neutral with a $400 price target. Goldberg said rising data center power consumption and higher electrical intensity per rack are driving a redesign of in-data-center power distribution systems, creating a growth opportunity for power analog semiconductors and potentially improving the sector’s margin profile.

BofA Raises its Price Target on Texas Instruments (TXN)

Last month, Texas Instruments Incorporated reported Q1 EPS of $1.68, ahead of the consensus estimate of $1.36. Revenue totaled $4.83B, above the consensus estimate of $4.53B. For Q2, Texas Instruments expects EPS of $1.77-$2.05, compared to the consensus estimate of $1.58, and revenue of $5B-$5.4B, compared to the consensus estimate of $4.87B.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers internationally.

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