Texas Instruments is 70% through its heavy CAPEX cycle, giving management flexibility to prioritise free cash flow and improve financial performance. Risks remain: margins are still pressured, inventory is high, and macro uncertainty lingers, but TXN's proven management and ROIC track record inspire cautious optimism. I view TXN in nibble territory at current price; with a strong buying opportunity at $140-150 per share.
Texas Instruments Incorporated (NASDAQ:TXN ) Bernstein's 41st Strategic Decisions Conference Call May 30, 2025 11:00 AM ET Company Participants Haviv Ilan - President and Chief Executive Officer Conference Call Participants Stacy Rasgon - Bernstein Stacy Rasgon Great. Thank you all for coming.
I reiterate my Hold rating on TXN due to ongoing margin pressure. TXN's shift toward lower-margin personal electronics, reduced factory utilization, and higher depreciation are weighing on profitability versus historical averages. Long-term growth drivers include aggressive capital expansion, CHIPS Act support, and eventual normalization of product mix.
![]() TXN In 1 month Estimated | Quarterly | $1.36 Per Share |
![]() TXN 1 month ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 4 months ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 7 months ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 10 months ago Paid | Quarterly | $1.3 Per Share |
![]() TXN 7 May 2024 Paid | Quarterly | $1.3 Per Share |
21 Jul 2025 (48 Days) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
21 Jan 2025 Date | | 1.2 Cons. EPS | 1.3 EPS |
22 Oct 2024 Date | | 1.38 Cons. EPS | 1.47 EPS |
23 Jul 2024 Date | | 1.17 Cons. EPS | 1.22 EPS |
![]() TXN In 1 month Estimated | Quarterly | $1.36 Per Share |
![]() TXN 1 month ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 4 months ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 7 months ago Paid | Quarterly | $1.36 Per Share |
![]() TXN 10 months ago Paid | Quarterly | $1.3 Per Share |
![]() TXN 7 May 2024 Paid | Quarterly | $1.3 Per Share |
21 Jul 2025 (48 Days) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
21 Jan 2025 Date | | 1.2 Cons. EPS | 1.3 EPS |
22 Oct 2024 Date | | 1.38 Cons. EPS | 1.47 EPS |
23 Jul 2024 Date | | 1.17 Cons. EPS | 1.22 EPS |
Semiconductors Industry | Technology Sector | Mr. Haviv Ilan CEO | XETRA Exchange | US8825081040 ISIN |
US Country | 34,000 Employees | 31 Jan 2025 Last Dividend | 23 May 2000 Last Split | - IPO Date |
Texas Instruments Incorporated is a prominent player in the semiconductor industry, known for its innovative approach to designing, manufacturing, and selling semiconductors globally. With operations spanning across the United States and international markets, the company focuses on fulfilling the needs of electronics designers and manufacturers through its broad portfolio of products. Texas Instruments operates through two main segments: Analog and Embedded Processing, each catering to specific applications and technologies. Founded in 1930, the company has established a strong presence in the semiconductor field, headquartered in Dallas, Texas.
Analog Products: These products focus on managing power requirements for various devices, spanning from simple linear regulators to complex power management solutions. The offerings include:
Embedded Processing Products: These are critical for electronic equipment, offering processing power for various applications. Key offerings include:
The Embedded Processing segment's products find extensive usage across multiple markets, including industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators, among others. Moreover, Texas Instruments also provides DLP (Digital Light Processing) products, which are pivotal in projecting high-definition images. Additionally, the company manufactures calculators and application-specific integrated circuits (ASICs), tailor-made solutions for specific customer needs. Marketing and selling its semiconductor products are achieved through direct sales and distributors, complemented by an online presence for broader reach and customer engagement.