Texas Instruments IncorporatedNasdaq: TXN
Information Technology · Semiconductors
$323.08
+7.02%
Vol: 6.9M
Research Digest
Friday, June 19, 2026
Texas Instruments shares surged about 7% on June 18 as analyst price-target hikes and analog/data-center demand momentum lifted the stock to a record run.
Texas Instruments stock jumped roughly 7.0% on June 18, 2026 to around $322.86, extending a year-to-date rally of over 70% driven by recovering analog/power semiconductor demand and data-center exposure. On June 15, Citi raised its price target to $345 from $280 while keeping a Buy rating, citing product price hikes and a strengthening analog recovery. TXN was also added to the Zacks Rank #1 (Strong Buy) list on June 9, and reported Q1 2026 revenue up 19% YoY with EPS up 31%. This matters because TXN is being positioned as a re-rating analog beneficiary of the AI/data-center capex cycle, rotating into favor versus pure GPU names. The bear case: the stock has run hard and now trades at an elevated multiple, leaving it vulnerable if the cyclical analog recovery stalls or if pricing power fades; a CFO transition (Julie Knecht effective Aug 1) also adds modest near-term uncertainty.
Previous Market Intelligence
13 daysJun 18Texas Instruments names Julie Knecht new CFO effective August 2026 while Citi raises price target to $345 on industrial chip recovery.Positive▶
Texas Instruments announced on June 2, 2026 that Julie Knecht will become CFO effective August 1, 2026, succeeding Rafael Lizardi who retires after 25 years. Citi raised its price target on TXN to $345 from $280 on June 15, citing rising demand in data centers and improved market conditions. Q1 2026 revenue grew 19% year-over-year, signaling a robust recovery in industrial and automotive sectors. The data center business jumped nearly 90% year-over-year on AI power demand. TXN is up ~76% year-to-date, outperforming NVIDIA's ~19% gain. The key risk is that the stock trades approximately 39% above DCF-based fair value estimates.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Texas Instruments executives unload $19M+ in shares mid-May (CFO Lizardi sold $14.7M May 14-15); Stifel raised PT to $340 from $290 on recovery thesis.Mixed▶
Multiple Texas Instruments executives executed major insider sales in mid-May: CFO Rafael Lizardi sold 47,734 shares for $14.7M on May 14-15 (avg ~$308); Director Carrie Smith Cox sold 8,838 shares ($2.71M) on May 14; SVP Shanon Leonard sold 4,963 shares ($1.47M). The selling came after a strong run: TXN is up ~31% over the past month and ~35% over 3 months. Stifel raised PT to $340 from $290 (Buy); Mizuho raised PT to $300 from $255. CEO Haviv Ilan will speak at Bernstein 42nd Annual Strategic Decisions Conference on May 28. The company also announced a strategic acquisition of Silicon Labs to strengthen embedded wireless connectivity. Quarterly dividend of $1.42 paid May 19. Stock trading $298.95-$305.74 on May 21.
May 20Texas Instruments announces $7.5B Silicon Labs acquisition as YTD rally hits 66% on AI-driven analog demand; Mizuho lifts PT to $300.Mixed▶
Texas Instruments unveiled a $7.5B acquisition of Silicon Laboratories, a sizable consolidation move that would broaden its analog/MCU portfolio into IoT-focused wireless connectivity. The stock has rallied 66% YTD on easing geopolitical tensions and strong AI/industrial demand for analog parts, hitting an all-time high of $310.29 on May 14 before consolidating. Q1 2026 revenue of $4.83B and EPS of $1.68 came in above estimates, with industrial demand cited as the key driver. The board declared a $1.42/share quarterly dividend paid May 19. CEO Haviv Ilan is scheduled to present at Bernstein's 42nd Strategic Decisions Conference on May 28. Mizuho raised its price target to $300 from $255 (Neutral). Risk: TXN's value rank tumbled to a bottom-decile 9.27, signaling overvaluation concerns after the run.
May 19Stifel hikes Texas Instruments PT to $340 amid heavy insider selling and Silicon Labs acquisitionMixed▶
Stifel raised its Texas Instruments price target to $340 from $290 on May 15 as the stock rallies on easing geopolitical tensions and robust AI/data center demand. However, CFO Rafael R. Lizardi sold 47,734 shares for $14.7 million on May 14 around $307-$309 per share, and SVP Ahmad Bahai sold 5,000 shares for $1.5 million the same week. TXN agreed to acquire Silicon Labs for about $7.5 billion to expand embedded wireless connectivity capabilities. Q1 2026 EPS of $1.68 beat estimates by 23.5% with revenue of $4.83 billion, the eighth consecutive growth quarter driven by 22% Analog segment growth. The board declared a $1.42 quarterly dividend payable May 19, and CEO Haviv Ilan is scheduled to speak at the Bernstein Strategic Decisions Conference on May 28. Risk: heavy insider selling at highs and integration risk from the Silicon Labs deal.
May 18Texas Instruments hits all-time high above $308 as chipmakers surge, but CFO Lizardi sells $14.7M in stock alongside other insider sales totaling over $16M.Mixed▶
Texas Instruments shares climbed to an all-time high near $308 in mid-May as US chipmakers rallied, but the move was met with notable insider selling: CFO Rafael Lizardi sold ~47,734 shares for $14.7M on May 14, SVP Shanon Leonard sold $1.47M, Director Carrie Cox sold $2.7M, and SVP Ahmad Bahai sold $1.55M — over $16M aggregate. The board declared a $1.42/share quarterly dividend payable May 19. Fundamentals remain strong: Q1 revenue of $4.83B (+19% YoY) beat estimates, and Q2 guidance of $5.0-5.4B revenue exceeded the $4.87B consensus. Analyst consensus is Buy (16 buy, 2 sell). CEO Haviv Ilan will present at Bernstein on May 28. Risk: cluster of insider sales at the highs may signal management views the stock as fully valued near-term.
May 15Texas Instruments at all-time high on Q1 beat and Silicon Labs acquisition, multiple firms raise price targetsPositive▶
Texas Instruments shares hit an all-time high (~$308 on May 15), up 66.3% YTD on strength in US chipmakers. Q1 2026 EPS of $1.68 beat the $1.36 forecast by 23.5% on revenue of $4.83B vs $4.52B estimate, the eighth consecutive quarter of growth, with the Analog segment up 22% YoY. TI guided Q2 revenue of $5.2B (17% YoY growth) well above the $4.87B consensus. The company announced a strategic acquisition of Silicon Labs to strengthen embedded wireless connectivity. A $1.42 quarterly dividend is payable May 19 to holders of record May 5. Goldman, JPMorgan, Citi, UBS, TD Cowen, Baird, Benchmark, KeyBanc, Rosenblatt, Jefferies, Truist and Stifel all raised price targets. CEO Haviv Ilan will speak at Bernstein's Strategic Decisions Conference on May 28. Insider selling: SVP Shanon Leonard sold 4,963 shares May 11 and director Carrie Smith Cox sold 8,838 shares for $2.7M. Risk: insider selling and rich valuation after sharp rally.
May 14Texas Instruments SVP Shanon Leonard sold 4,963 shares on May 11 at avg $295.22 (~$1.46M) as stock pulled back 2.28% to $290.76 on May 12 amid broader semiconductor rallyMixed▶
Texas Instruments senior vice president Shanon J. Leonard sold 4,963 shares of common stock on May 11, 2026, at a weighted average price of $295.2218, totaling roughly $1.46M. Shares fell 2.28% to $290.76 on May 12, 2026, after the disclosed insider sale. CEO Haviv Ilan is scheduled to speak at the Bernstein 42nd Annual Strategic Decisions Conference on May 28, where he will discuss outlook and strategy. TXN has rallied alongside the broader semiconductor space on AI infrastructure optimism, with a 38.67% 30-day return. The company also plans a second price increase effective July 1, 2026. Risk: valuation is stretched at a 50.8x P/E versus a 46.6x peer average and 38.5x fair ratio, leaving room for multiple compression.
May 13Texas Instruments SVP Shanon Leonard sold 4,963 shares at ~$295 on May 11 as CEO Haviv Ilan prepares to speak at Bernstein Strategic Decisions Conference on May 28.Neutral▶
Texas Instruments insider selling continued in early May 2026, with SVP Shanon Leonard offloading 4,963 shares at a weighted average of $295.22. The board declared a $1.42 quarterly dividend payable May 19. CEO Haviv Ilan is scheduled to speak at the Bernstein 42nd Annual Strategic Decisions Conference on May 28 to discuss business outlook and analog/embedded processing strategy. The shares had previously surged 19.4% on April 22 after strong Q1 results and Q2 guidance. No major catalysts hit in the last 48 hours beyond routine insider Form 4 activity.
May 12Texas Instruments declared $1.42 quarterly dividend payable May 19 and CEO Haviv Ilan to speak at Bernstein Strategic Decisions Conference on May 28, following strong Q1 momentum.Positive▶
TI's board declared a $1.42 per share quarterly dividend payable May 19, 2026 to holders of record May 5. CEO Haviv Ilan will field analyst questions at the Bernstein 42nd Annual Strategic Decisions Conference on May 28 to discuss outlook and growth strategy in analog and embedded processing. The stock has been rallying on easing geopolitical tensions and AI demand, with shares around $292 near 52-week highs. Recent Q1 2026 revenue rose 19% to $4.83B with EPS of $1.68, and Q2 guidance of $5.2B implies 17% YoY growth, well ahead of the $4.87B FactSet consensus. The planned $7.5B Silicon Labs acquisition continues to support sentiment.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NVDANVIDIA | $210.83 | +3.02% | — | 15.3x | 2.21 | $4.72T |
| AVGOBROADCOM | $411.77 | +4.80% | — | 18.6x | 1.46 | $1.71T |
| MUMICRON | $1,134.07 | +8.71% | — | 6.5x | 2.14 | $1.10T |
| AMDADVANCED | $539.08 | +5.19% | — | 39.3x | 2.47 | $844.4B |
| INTCINTEL | $134.19 | +10.81% | — | 77.1x | 2.19 | $604.9B |
| TXNTEXAS | $323.08 | +7.02% | — | 30.6x | 1.31 | $266.7B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.