What is TXN stock price target for 2026?

WallStSmart's 12-month price target for Texas Instruments Incorporated is $163.45, representing 41.8% downside from the current price of $281.08.

What is TXN stock forecast?

Texas Instruments Incorporated forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

TXN

Texas Instruments Incorporated

NASDAQ: TXN · TECHNOLOGY · SEMICONDUCTORS

$281.08

+4.41% today

Updated 2026-04-29

Market cap

$245.02B

P/E ratio

46.10

P/S ratio

13.29x

EPS (TTM)

$5.84

Dividend yield

2.10%

52W range

$152 – $288

Volume

7.1M

Market cap

$245.02B

P/E ratio

46.10

P/S ratio

13.29x

EPS (TTM)

$5.84

Dividend yield

2.10%

52W range

$152 – $288

Volume

7.1M

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

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

Price target summary

Current

$281.08

Consensus

$265.46

-5.56%

2030 Target

$389.74

+38.66%

DCF

—

Current price

$281.08

Analyst consensus

$265.46

-5.56%

2030 Target

$389.74

+38.66%

Intrinsic (DCF)

—

25 analysts:

14 Buy9 Hold2 Sell

Management guidance

CEO Haviv Ilan guided Q2 2026 revenue between $5.0B-$5.4B (midpoint $5.2B, +8-12% QoQ). Management expects sustained growth from data center and industrial demand, with continued investments in manufacturing and technology. Implied FY2026 revenue guidance aligns with analyst consensus of $19.76B (+11.74% YoY).

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$643.07

$29.6B Rev × 20x P/S

Base case (2030)

$389.74

$29.6B Rev × 12x P/S

Bear case (2030)

$253.33

$29.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$17.5B	$15.6B	$17.7B	$19.8B	$21.8B	$24.6B	$28.0B	$29.6B
Revenue growth	—	-10.7%	13.0%	11.7%	10.4%	12.6%	13.9%	10.4%
EPS	$7.06	$5.16	$5.57	$6.52	$7.89	$9.45	$11.20	$12.20
P/S ratio	—	—	—	8.0x	8.0x	8.0x	8.0x	12.0x
Implied price	—	—	—	$161.70	$188.65	$215.60	$242.55	$389.74

Catalysts & risks

Growth catalysts

+ Data center AI infrastructure buildout driving strong demand through 2027-2028

+ Industrial and edge AI adoption accelerating (robotics, autonomous systems partnerships with Lattice)

+ Silicon Labs acquisition completion adding analog/mixed-signal portfolio and customer cross-sell opportunities

+ Capacity expansion cycle supporting revenue growth without supply constraints

+ Dividend growth continuation (5.45% 5Y CAGR) signals confidence in cash generation

Key risks

- Semiconductor cycle downturn if data center capex decelerates faster than expected post-2027

- Heavy capex cycle ($4.55B in FY2026) pressuring FCF if revenue growth disappoints

- Competition from NVIDIA, AMD, QUALCOMM in high-margin AI/data center segments

- Tariff exposure and geopolitical uncertainty affecting supply chain and margins

- Valuation stretched at 46.1x P/E with limited margin for forecast misses

Methodology

Texas Instruments Incorporated's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 25 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: April 28, 2026.