Key Highlights

● Texas Instruments closed at $276.48 on October 16, trading below the analyst target.

● The consensus 12-month price target is $324.71, implying about 17.4% upside.

● Analysts are split 19 Buy, 15 Hold, and 2 Sell on the stock.

● Targets range from $225 to $400 across 36 analysts.

Texas Instruments (NASDAQ:TXN) closed at $276.48 on Friday October 16, 2026, the latest close at the time of writing. The consensus analyst price target is $324.71, which implies implied upside of about 17.4% from that price. It is a constituent of the S&P 500. The shares are listed on the Nasdaq and the consensus rating is Buy. Investors are watching the stock because of recent analyst target changes and an upcoming results date, both discussed below.

What Is the Latest Analyst Price Target?

Across 36 analysts, the mean target is $324.71 and the median is $340.00. The highest target is $400 and the lowest is $225. The consensus data was last updated around October 15, 2026/16, so it may not reflect later developments, and the share price is the 16 October close. The consensus target suggests the stock trades below the average analyst valuation. The $225 to $400 range is wide for a large-cap, and the median ($340) sits above the mean, indicating that a group of more bullish analysts lifts the upper end. Price targets are forecasts, not guarantees, and analysts typically set them with a 12-month horizon.

What Are Analysts Saying?

The rating split is 19 Buy (17 Strong Buy, 2 Buy), 15 Hold, 2 Sell (Strong Sell). Recent actions include the following. KeyBanc (John Vinh) maintained a Buy rating with a $400 target on October 15, 2026, Bernstein held at Hold with a $290 target on 22 September, and TD Cowen maintained Buy with a $340 target on 15 September. Sources differ in how they classify ratings, so the split above follows the data provider's own groupings and the figures should be treated as indicative.

In its second-quarter 2026 report on 22 July, the company reported revenue up roughly 23% year on year to about $5.5bn, with gross margin around 61%, and guided third-quarter revenue above analyst estimates, citing an industrial recovery and AI data-centre demand.

What Could Help the Stock Reach the Price Target?

If the consensus proves accurate, the main supports would be a sustained recovery in industrial and automotive demand, continued growth in data-centre power products, and a guidance update that again exceeds expectations. For the shares to move towards the average target, the company would generally need to deliver results and guidance that meet or exceed what analysts currently expect, and market conditions for the sector would need to remain supportive. None of this is assured.

What Could Prevent the Stock Reaching the Target?

The main risks include a slower-than-expected industrial recovery, cyclical swings in analog demand, and the wide dispersion of views, with 15 of 36 analysts at Hold and a low target of $225 below the current price. Analyst targets are frequently revised after earnings, and a change in sector sentiment, interest-rate expectations or broader market conditions could shift valuations quickly. A target is an opinion at a point in time and the actual share price may be materially different.

What Should Investors Watch Next?

The key near-term event is third-quarter results, scheduled for October 21, 2026. Investors may also watch for further target revisions following that report, any change in the Buy, Hold and Sell mix, and management commentary on demand and margins.

A Steady Case for Gains

At $276.48, Texas Instruments trades below its $324.71 consensus target, a gap of 17.4%, with a Buy consensus from 36 analysts.