Texas Instruments Incorporated

NasdaqGS:TXN 株式レポート

時価総額：US$263.4b

Texas Instruments 過去の業績

過去 基準チェック /36

Texas Instrumentsの収益は年間平均-10.4%の割合で減少していますが、 Semiconductor業界の収益は年間 増加しています。収益は年間5.3% 1.5%割合で 減少しています。 Texas Instrumentsの自己資本利益率は32%であり、純利益率は28.9%です。

主要情報

-10.43%

収益成長率

-10.11%

EPS成長率

Semiconductor 業界の成長27.66%
収益成長率-1.45%
株主資本利益率31.99%
ネット・マージン28.94%
前回の決算情報31 Mar 2026

最近の業績更新

Recent updates

ナラティブ更新 • Apr 28

TXN: Higher Inventory And Capex Plans Will Pressure Free Cash Flow

Analysts have raised their fair value estimate for Texas Instruments from $160 to about $209.61 as they factor in expectations for higher revenue growth, slightly stronger profit margins, and a richer future P/E multiple, following a wave of higher Street price targets and several recent upgrades. Analyst Commentary Street research around Texas Instruments has been active, with a cluster of higher price targets and several upgrades pointing to a more constructive stance on the shares.
Seeking Alpha • Apr 27

Texas Instruments: The Backbone Of The Data Center Revolution

Summary Texas Instruments Incorporated is positioned for significant growth as global data center capacity is expected to double by 2030, driving demand for analog and power chips. TXN’s acquisition of Silicon Labs enhances its technology stack and is expected to deliver $450M in synergies through integration and insourcing. Strong balance sheet, operational leverage, and power infrastructure tailwinds are projected to sustain TXN’s momentum through at least the end of the decade. I reiterate TXN as a Strong Buy rating with a $415/share price target, supported by robust analog and embedded processing demand and domestic production expansion. Read the full article on Seeking Alpha
新しいナラティブ • Apr 16

Texas Instruments Inc. (TXN): The "Analog Anchor" and the FY2026 Structural Inflection

Texas Instruments Inc. (TXN) , the bedrock of the global analog semiconductor market, demonstrated a shift in its strategic gears as of Thursday, April 16, 2026 , signaling that its massive multi-year investment cycle is finally transitioning toward harvest.
ナラティブ更新 • Apr 13

TXN: Capex Discipline And Inventory Reset Will Shape Next Free Cash Flow Cycle

Analysts have increased their fair value estimate for Texas Instruments by about $4 to $222.96, reflecting a series of recent price target hikes and upgrades that cite expectations for revenue trends, capital spending plans and free cash flow recovery, even as some remain cautious on longer term margin and inventory assumptions. Analyst Commentary Recent Street research around Texas Instruments reflects a mix of optimism on free cash flow and capital deployment, alongside some caution on how inventory plans and future capital spending could affect margins and valuation over time.
ナラティブ更新 • Mar 30

TXN: Updated Capex And Inventory Plan Will Support Stronger Long Term Cash Generation

Analysts have nudged Texas Instruments' average price target higher into the mid $200s, citing a series of raised Street targets and updated views on capex, inventory levels and free cash flow scenarios that align with slightly stronger revenue growth and margin assumptions in the refreshed model. Analyst Commentary Recent Street research on Texas Instruments has centered on capex, inventory policy and free cash flow, with analysts recalibrating their models around the company’s updated capital management framework.
ナラティブ更新 • Mar 16

TXN: Evolving Capex And Inventory Framework Will Support Stronger Future Cash Generation

Texas Instruments' analyst price targets have broadly moved higher, with several firms lifting their views by $5 to $45 as analysts factor in updated capex plans, inventory intentions, and expectations for the company's revenue and free cash flow scenarios. Analyst Commentary Bullish analysts are largely focused on Texas Instruments' updated capital plans, inventory framework, and potential for free cash flow, using these inputs to refresh their valuation work and lift price targets across the board.
ナラティブ更新 • Mar 02

TXN: Higher Capex And Inventory Levels Will Set Up Future Rebound

The analyst price target for Texas Instruments has increased from $245 to $270, as analysts incorporate updated views on capital expenditure intensity, inventory levels, and revenue and free cash flow scenarios reflected in recent research. Analyst Commentary Recent research around Texas Instruments points to a more constructive tone from bullish analysts, who are updating their models around capital intensity, inventory levels, and potential free cash flow outcomes.
ナラティブ更新 • Feb 16

TXN: Higher Street Conviction And Tariff Uncertainty Will Shape Next Cycle

The analyst fair value estimate for Texas Instruments has shifted from about $191 to roughly $219. Analysts attribute this change to updated expectations for revenue growth, profit margins, and a higher future P/E multiple following a wave of recent price target increases across the Street.
分析記事 • Feb 05

Investors Appear Satisfied With Texas Instruments Incorporated's (NASDAQ:TXN) Prospects As Shares Rocket 26%

Despite an already strong run, Texas Instruments Incorporated ( NASDAQ:TXN ) shares have been powering on, with a gain...
ナラティブ更新 • Feb 02

TXN: Richer P E Framework Will Test 30% Margin Assumptions

Analysts have raised their price target framework for Texas Instruments to $160.00 from $141.27, reflecting updated assumptions for slightly higher revenue growth, a modestly richer future P/E multiple, and a profit margin outlook that now centers closer to 30%. Analyst Commentary Recent Street research on Texas Instruments has been active, with several firms revisiting their models and resetting price targets.
ナラティブ更新 • Jan 19

TXN: Inventory Discipline And Tariff Uncertainty Will Guide Cyclical Recovery Path

The analyst price target for Texas Instruments has moved modestly higher to reflect an updated fair value of about $191 compared with roughly $189 previously. Analysts are factoring in recent Street research that balances concerns about pressure on margins and fab utilization with continued long-term confidence, as reflected in multiple target increases and maintained positive ratings.
ナラティブ更新 • Jan 05

TXN: Margin Reset And Cyclical Softness Will Set Up Future Rebound

Narrative Update Analysts have reduced the implied fair value for Texas Instruments to $245 from $260. This reflects updated views on higher required returns, more moderate revenue growth, softer profit margins, and a higher future P/E multiple following recent price target cuts and more cautious commentary on margins, utilization, and end demand.
ナラティブ更新 • Dec 14

TXN: Inventory Discipline And Shifting Tariff Landscape Will Shape Cyclical Recovery Path

Analysts have trimmed their blended price target on Texas Instruments by less than $1 to approximately $189. This reflects slightly lower margin expectations and a slower than typical early-cycle recovery, even as revenue growth assumptions edge modestly higher.
ナラティブ更新 • Nov 28

TXN: Inventory Discipline And Tariff Delay Will Support Modest Recovery Ahead

Analysts have lowered their price targets for Texas Instruments, with estimates now ranging from $150 to $210. This reflects concerns about margin pressures, mixed earnings results, stabilizing rather than improving inventory cycles, and the company's exposure to macroeconomic headwinds.
ナラティブ更新 • Nov 14

TXN: Dividend Increase And Inventory Management Will Support Future Shareholder Returns

Texas Instruments’ analyst price target has been reduced by analysts from approximately $190 to $189 per share. They cite ongoing gross margin pressure, inventory normalization, a lack of near-term catalysts, and broader market uncertainty as primary factors influencing their outlook.
ナラティブ更新 • Oct 31

TXN: Gross Margins And Low Inventories Will Drive Recovery If Demand Normalizes

Texas Instruments' analyst price target has decreased by approximately $13 to around $190, as analysts cite narrowing margins, slower revenue growth, and macroeconomic uncertainty for their more cautious outlook. Analyst Commentary Recent analyst reports reveal a mix of cautiousness and confidence regarding Texas Instruments, with notable opinions on the company’s valuation, earnings prospects, and sector dynamics.
ナラティブ更新 • Oct 16

Industrial Automation And Automotive Semiconductors Will Shape Future Markets

Analysts have slightly lowered their price target for Texas Instruments, reducing it by $2.36 to $203.06. This adjustment is attributed to a muted pace of recovery, cautious management outlooks, and persistent uncertainty around tariffs and market inventories.
分析記事 • Oct 16

Texas Instruments (NASDAQ:TXN) Will Pay A Larger Dividend Than Last Year At $1.42

The board of Texas Instruments Incorporated ( NASDAQ:TXN ) has announced that the dividend on 12th of November will be...
分析記事 • Sep 23

Texas Instruments (NASDAQ:TXN) Will Pay A Larger Dividend Than Last Year At $1.42

The board of Texas Instruments Incorporated ( NASDAQ:TXN ) has announced that the dividend on 12th of November will be...
分析記事 • Aug 01

Texas Instruments Incorporated Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Texas Instruments Incorporated ( NASDAQ:TXN ) just released its quarterly report and things are looking bullish. The...
分析記事 • Jun 18

Texas Instruments Incorporated's (NASDAQ:TXN) P/E Is On The Mark

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
分析記事 • Jun 02

Are Texas Instruments Incorporated (NASDAQ:TXN) Investors Paying Above The Intrinsic Value?

Key Insights The projected fair value for Texas Instruments is US$149 based on 2 Stage Free Cash Flow to Equity Current...
Seeking Alpha • Apr 24

Texas Instruments Q1: Better Than Feared For Now

Summary Texas Instruments Incorporated reports a genuine recovery in analog demand, especially in the industrial sector, after seven quarters of decline. Despite improved margins and revenue growth, tariff risks pose significant challenges for sustained growth. Management emphasizes flexibility in production to mitigate geopolitical risks, but Chinese revenue exposure remains a concern. Given the uncertainties, I prefer Infineon or NXPI over TXN stock for better positioning in the current cycle. Read the full article on Seeking Alpha
新しいナラティブ • Apr 08

300-Millimeter Capacity Expansion Will Unlock Market Opportunities

Declines in industrial and automotive markets suppress revenue growth, affecting a significant portion of the business.
新しいナラティブ • Apr 07

Expanding 300-Millimeter Capacity Will Shape The Semiconductor Landscape

Strategic investment in manufacturing capabilities is expected to bolster revenue growth and profitability through efficient demand fulfillment and reduced production costs.
Seeking Alpha • Mar 28

Texas Instruments: Decent Potential, But Currently Overvalued

Summary I rate Texas Instruments as a HOLD due to its overvaluation and low financial growth, despite future potential in the EV markets. TXN's revenue growth is driven mainly by the analog segment, particularly in the automotive and industrial sectors, but overall financial growth remains low. The company's high P/E and P/FCF ratios, declining net income, and falling free cash flow indicate overvaluation and potential risks for dividend sustainability. Intrinsic value calculations suggest TXN is overvalued by approximately 28.53%, reinforcing my HOLD rating despite the promising growth in the EV market. Read the full article on Seeking Alpha
Seeking Alpha • Feb 21

Texas Instruments Looks Appealing With Expected Cash Flow Improvements (Rating Upgrade)

Summary Texas Instruments' stock has become more appealing due to a slight price drop and improved clarity on CapEx spending, so I'm upgrading my rating to a buy. Despite weak margins in 2024, signs of semiconductor industry recovery and expected earnings growth make current valuations reasonable. Texas Instruments' strong dividend yield and commitment to returning cash to shareholders through dividends and buybacks enhance its investment appeal. Investors should monitor TXN's margins and CapEx spending in 2025 and 2026, as these are crucial for future share price and dividend growth. Read the full article on Seeking Alpha
Seeking Alpha • Jan 17

Texas Instruments Q4 Preview: Fixing Inventory Levels (Rating Upgrade)

Summary Texas Instruments Incorporated's inventory issues are improving, offering potential for outperformance in 2025, though shares remain expensive and Q4 earnings are critical. Despite past revenue declines and overvaluation, TXN is starting to manage inventory better, presenting a unique opportunity. Texas Instruments' analog technology is crucial for AI applications, but the market remains pessimistic; I believe there's room for shares to beat expectations. Valuation metrics are stretched; while the company has potential in AI, inventory control and future growth remain key uncertainties, leading to a cautious hold rating. Read the full article on Seeking Alpha
Seeking Alpha • Dec 27

Why Texas Instruments Leads In Capital Allocation

Summary I rate Texas Instruments as a "hold" due to strategic, long-term investments and growth in the Chinese auto industry. I believe Texas Instruments will maintain a strong position in the market, with a market share remaining around 18%-19%. Texas Instruments, a top 15 semiconductor company, excels in the analog market with a strong history and commitment to capital allocation. With a 7.3% position at an average price of $152.59 and a fair value of $160.60, I see no reason to buy more or sell at current levels. Read the full article on Seeking Alpha
Seeking Alpha • Dec 02

Texas Instruments: Stuck In The Middle, Borderline Hold

Summary Texas Instruments offers stability and a 2.7% dividend yield, making it attractive in a tech sector with few high-yield options. My portfolio strategy includes TXN for sector diversification, but I prefer high-yield stocks and covered call ETFs for income and downside protection. TXN's profitability secures its place on my watchlist, but its limited short-term growth potential keeps my position size lower. Since purchasing TXN, I've seen a 13% gain in 7 months, but I remain cautious due to its lack of compelling short-term catalysts. Read the full article on Seeking Alpha
Seeking Alpha • Oct 30

Texas Instruments: A Future Dividend Aristocrat With A Hefty Price Tag

Summary Despite current financial headwinds and high P/E, I remain bullish on Texas Instruments for its long-term potential, competent management, and dividend growth. Q3 2024 results showed some positive results in automotive, personal electronics, and enterprise systems. Based on the dividend discount model, I find TXN's fair value at $183.33 per share, making it overvalued compared to the current share price. Read the full article on Seeking Alpha

収支内訳

Texas Instruments の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NasdaqGS:TXN 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
31 Mar 2618,4385,3361,8632,076
31 Dec 2517,6824,9731,8742,083
30 Sep 2517,2665,0161,7482,053
30 Jun 2516,6755,0151,7172,027
31 Mar 2516,0494,8481,8021,998
31 Dec 2415,6414,7751,7851,959
30 Sep 2415,7114,9401,7051,928
30 Jun 2416,0925,2841,7301,907
31 Mar 2416,8015,8771,7261,886
31 Dec 2317,5196,4761,8411,863
30 Sep 2318,1127,0641,8331,837
30 Jun 2318,8217,6491,8251,797
31 Mar 2319,5028,2161,8021,734
31 Dec 2220,0288,7091,6141,670
30 Sep 2220,1908,8851,6901,625
30 Jun 2219,5928,5401,6621,582
31 Mar 2218,9608,1831,6551,559
31 Dec 2118,3447,7361,6581,554
30 Sep 2117,5887,2881,6561,553
30 Jun 2116,7626,6961,6501,551
31 Mar 2115,4216,1451,6251,539
31 Dec 2014,4615,5681,6161,530
30 Sep 2013,7354,9511,6291,528
30 Jun 2013,6895,0211,6251,521
31 Mar 2014,1184,9441,6501,532
31 Dec 1914,3834,9851,6501,544
30 Sep 1914,7505,1521,6791,558
30 Jun 1915,2405,2941,6831,569
31 Mar 1915,5895,3911,6991,563
31 Dec 1815,7845,5371,7161,559
30 Sep 1815,8174,6491,7241,545
30 Jun 1815,6724,3631,7451,530
31 Mar 1815,3484,0161,7421,524
31 Dec 1714,9613,6481,7541,508
30 Sep 1714,6254,3391,7581,462
30 Jun 1714,1844,0721,7771,440
31 Mar 1713,7643,8351,7971,403
31 Dec 1613,3703,5501,7981,356
30 Sep 1613,1453,3411,7851,322
30 Jun 1612,8993,1211,7641,285
31 Mar 1612,8582,9981,7661,264
31 Dec 1513,0002,9431,7761,267
30 Sep 1513,0802,9311,7721,285
30 Jun 1513,1522,9581,8011,301

質の高い収益: TXNは 高品質の収益 を持っています。

利益率の向上: TXNの現在の純利益率 (28.9%)は、昨年(30.2%)よりも低くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: TXNの収益は過去 5 年間で年間10.4%減少しました。

成長の加速: TXNの過去 1 年間の収益成長率 ( 10.1% ) は、5 年間の平均 ( 年間-10.4%を上回っています。

収益対業界: TXNの過去 1 年間の収益成長率 ( 10.1% ) Semiconductor業界10.3%を上回りませんでした。

株主資本利益率

高いROE: TXNの 自己資本利益率 ( 32% ) は 高い とみなされます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/07 00:27
終値2026/05/07 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Texas Instruments Incorporated 35 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。65

アナリスト機関
George ChangAletheia Analyst Network Limited
Alexi UngerArete Research Services LLP
Brett SimpsonArete Research Services LLP