"Analyst Vivek Arya highlighted Texas Instruments' solid Q1 report and Q2 guidance, emphasizing the company's advantage in an 'everything-is-constrained' chip environment. The firm sees durable earnings power ahead, with significant increases in GAAP EPS forecasts for 2026, 2027, and 2028."
"Texas Instruments reported Q1 FY2026 revenue of $4.83 billion, a 19% year-over-year increase, with an EPS of $1.68, surpassing estimates. The Analog segment generated $3.92 billion in revenue, reflecting a 22% growth, while industrial and data center segments also showed substantial sequential and year-over-year growth."
Bank of America upgraded Texas Instruments to Buy from Neutral, increasing the price target to $320 following a strong Q1 performance. The upgrade reflects confidence in the company's multi-year U.S. fab buildout and its position in a supply-constrained chip cycle. Analysts raised earnings forecasts significantly for the coming years, indicating durable earnings power. Texas Instruments is seen as a key beneficiary of reshoring and AI infrastructure demand, supported by solid revenue growth across its segments.
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