Elliott Statement on Texas Instruments' Capital Management Event

Benchmark Reiterates Buy Rating on Texas Instruments (TXN)

Benchmark analyst Cody Acree reiterated a Buy rating and $230.00 price target on Texas Instruments (NASDAQ: TXN)

The analyst comments "Tuesday afternoon, Texas Instruments held its Off-Cycle Capital Management Update Call, where the company updated its CapEx spending scenarios for FY26 and... More

Barclays Reiterates Equalweight Rating on Texas Instruments (TXN)

Barclays analyst Blayne Curtis reiterated an Equalweight rating and $210.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "The objective of the call, to signal that the company would be more flexible in approaching its multi-year capex ramp, will be received positively.... More

Texas Instruments (TXN) PT Raised to $189 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Texas Instruments (NASDAQ: TXN) to $189.00 (from $176.00) while maintaining a Sell rating.

The analyst comments "Texas Instruments (TI) hosted their first ever 'off-cycle' capital management call on August 20 (note TI typically hosts a... More

UBS Reiterates Buy Rating on Texas Instruments (TXN)

UBS analyst Timothy Arcuri reiterated a Buy rating and $250.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "TXN's off cycle capital management call checked all the boxes - especially around capex flexibility in 2026 and beyond - and should nudge the... More

Wolfe Research Reiterates Peerperform Rating on Texas Instruments (TXN)

Wolfe Research analyst Chris Caso reiterated a Peerperform rating on Texas Instruments (NASDAQ: TXN).

The analyst comments "Reiterate Peer Perform rating. As discussed on TXN's last few earnings calls, the company's various business segments have continued to experience an asynchronous inventory correction, with those segments... More

Stifel Reiterates Hold Rating on Texas Instruments (TXN)

Stifel analyst Tore Svanberg reiterated a Hold rating and $200.00 price target on Texas Instruments (NASDAQ: TXN).

The analyst comments "With todays updated capital management plan, we believe there has been a clear structural change not necessarily in the companys ability to achieve its FCF/ share growth targets, but rather the additional... More

Texas Instruments (TXN) PT Raised to $200 at Deutsche Bank

Deutsche Bank analyst Ross Seymore raised the price target on Texas Instruments (NASDAQ: TXN) to $200.00 (from $185.00) while maintaining a Hold rating.

The analyst comments "TXN has long been one of the most efficient allocators of capital within the semiconductor sector and we believe todays Capital Management Update should comfort... More

Texas Instruments (TXN) expects free cash flow to jump in 2026, Elliott comments

Texas Instruments (NASDAQ: TXN) said in a conference call with analysts on Tuesday that it anticipates a significant increase in free cash flow (FCF) by 2026, driven by a rebound in demand and a more disciplined approach to capital spending, following pressure from activist investor Elliott Investment Management.

In recent years, Texas Instruments has focused on expanding its manufacturing capacity to avoid the kind of chip shortages experienced during the pandemic and to meet future demand.

However, this strategy has attracted scrutiny from investors, as the associated expenses have put a... More