What the analyst said

Stifel analyst Tore Svanberg upgraded Texas Instruments (NASDAQ: TXN) from Hold to Buy with a price target of $250.00 (from $215.00).

“Following an elevated 6-year investment cycle that constrained profitability and returns, we believe TXN is well positioned to capture share in the next analog upcycle and return to strong FCF generation.

Our analysis evaluates the favorable outlook for TXN across five key pillars: (i) a structural FCF inflection as capital intensity moderates; (ii) strategic SLAB acquisition; (iii) AI DC growth; (iv) continuous transition to internal 300mm wafer manufacturing; and (v) analog market share gains.

In our view, TXN is entering a period where multiple tailwinds support the outlook. As such, we are upgrading TXN to Buy with a 12-month TP of $250 (from $215).

This represents a 3.84% CY27E FCF yield derived from our base case scenario. Should the company execute toward our bull case, the target price could reach $286.

Lastly, we note our $250 TP represents 26.0x CY27E P/FCF, which could prove to be conservative.”

Disclaimer
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Where the price stands

TXN trades at $301. The 17 analysts who set a target in the last 3 months range from $250 to $370, with a median of $330. This $250 target is 24% below the median, the lowest on the Street.

Since the note TXN has moved +44% (from $209). 12-month window: day 215 of 365, closes on April 9, 2027.

Track record

This call✓ Target reached on April 23, 2026, 14 days after the note.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Stifel on Texas Instruments

Stifel price targets on Texas Instruments

7 calls from January 28, 2026 to October 22, 2026. The target went from $215 to $370 (+72%). The rating moved from Hold to Buy.

Stifel targetTXN share price
  1. October 22, 2026Target raised from $360 (+3%)Buy$370
  2. July 15, 2026Target raised from $340 (+6%)Buy$360
  3. May 15, 2026Target raised from $290 (+17%)Buy$340
  4. April 23, 2026Target raised from $250 (+16%)Buy$290
  5. April 9, 2026 This noteUpgraded to Buy, target raised from $215 (+16%)Buy$250
  6. February 25, 2026Kept the $215 targetHold$215
  7. January 28, 2026Earliest call shownHold$215
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Other analysts on Texas Instruments

DZ BankHold Upgraded, raised price target +25%Upgraded Oct 28 $300from $240+25% Freedom BrokerBuy Upgraded, raised price target +27%Upgraded Oct 22 $330from $260+27% TruistHold Raised price target +2%, kept ratingRaised target Oct 22 $305from $300+2% BernsteinHold Raised price target +7%, kept ratingRaised target Oct 22 $310from $290+7% JP MorganBuy Raised price target +7%, kept ratingRaised target Oct 22 $365from $340+7%
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.