TXN

Texas Instruments Incorporated

NASDAQ: TXN · TECHNOLOGY · SEMICONDUCTORS

$301.12

+1.35% today

Updated 2026-06-12

Market cap

$280.85B

P/E ratio

52.66

P/S ratio

15.23x

EPS (TTM)

$5.86

Dividend yield

1.80%

52W range

$151 – $332

Volume

7.8M

Market cap

$280.85B

P/E ratio

52.66

P/S ratio

15.23x

EPS (TTM)

$5.86

Dividend yield

1.80%

52W range

$151 – $332

Volume

7.8M

Texas Instruments Incorporated (TXN) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

TXN · Texas Instruments Incorporated · Price target summary

Current

$301.12

Consensus

$258.00

-14.32%

2030 Target

$267.98

-11.01%

DCF

—

Current price

$301.12

Analyst consensus

$258.00

-14.32%

2030 Target

$267.98

-11.01%

Intrinsic (DCF)

—

27 analysts:

13 Buy10 Hold4 Sell

Management guidance

No specific multi-year revenue targets from CEO Haviv Ilan disclosed in available documents. Company guided to 21.17B revenue in FY2026 (19.7% growth) and 23.39B in FY2027 (10.5% growth) based on strong AI data center demand, analog chip strength, and planned price increases. Management emphasizes sustained industrial and data center tailwinds extending beyond 2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

TXN · Texas Instruments Incorporated · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range

Bear case (2030)

$148.88

$31.6B Rev × 4.8x P/S

Base case (2030)

$267.98

$31.6B Rev × 8x P/S

Bull case (2030)

$416.86

$31.6B Rev × 12.8x P/S

WallStSmart.com

Financial forecast — research-backed

Metric	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$17.7B	$21.2B	$23.4B	$25.9B	$28.6B	$31.6B
Revenue growth	13.0%	19.7%	10.5%	10.5%	10.7%	10.4%
EPS	$5.48	$7.76	$9.10	$10.50	$11.75	$13.10
P/S ratio	—	8.0x	8.0x	8.0x	8.0x	8.0x
Implied price	—	$178.66	$208.43	$208.43	$238.21	$267.98

TXN · Texas Instruments Incorporated · Catalysts & risks

Growth catalysts

+ AI data center power semiconductor demand expansion through 2028-2030

+ Analog chip market strength driven by industrial IoT and edge AI adoption

+ Internal 300mm wafer manufacturing capacity expansion securing margin and supply advantages

+ Planned strategic price increases in analog and embedded processing segments

+ Potential market share gains from supply constraints in broader semiconductor market

Key risks

- Macroeconomic uncertainty and potential 2H2026 slowdown signaled by management

- Elevated insider selling (Director Cox, SVP Leonard recent transactions)

- High valuation at 52.5x P/E with consensus price target 13.6% below current price

- AI capex cycle deceleration risk if customer spending normalizes post-2027

- Competitive pressure from Analog Devices, ON Semiconductor in growing analog markets

- Geopolitical supply chain disruption risks affecting semiconductor exports

Methodology

Texas Instruments Incorporated's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 27 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 15, 2026.