TXN Texas Instruments Incorporated
Loading price history…
Daily prices, adjusted for splits. P/E and P/S value each day on the results published by then; a gap in P/E means the trailing year had no profit.
Semiconductors · Dallas, TX · 33,000 employees · ti.com
Texas Instruments designs and manufactures semiconductor components, operating primarily through its analog and embedded processing units. It produces power management devices, signal chain hardware, microcontrollers, and processors for diverse markets such as automotive and industrial electronics. The company generates revenue by marketing and selling these parts directly, through distributors, and via its website.
Bull case
The business converts a considerable share of its revenue into free cash after stock compensation. Its returns on capital also consistently exceed its cost of capital, indicating a wide competitive moat.
- The price assumes about +20% a year cash-flow growth; it delivered +20% a year over three years.
- Turns 25% of revenue into free cash after stock pay.
- Returns on capital run well above its cost of capital.
- Annual revenue growth rose from +4% to +17%.
Bear case
The supplied measurements do not currently make a case against the business.
- Trades at the 95th percentile of its own valuation history.
Features
- V-OVERVALUED Overvalued The price is 69% above its own-history reference value.
- V-WIDE-MOAT Wide moat Returns on capital run well above its cost of capital.
- V-ACCELERATING Growth accelerating Annual revenue growth rose from +4% to +17%. Shared by most companies we track
AI impact
AI is not material to it Not material
The company designs and manufactures semiconductors. Its reports do not show any material advantages or risks tied to artificial intelligence.
Assessed by AI from the company's own annual report filed 6 Feb 2026 and quarterly report filed 24 Jul 2026. A reading of the business, not a forecast or a recommendation.
Valuation position
TXN is at the 95th percentile of its own valuation history. Depending on how far back you look, it ranges from the 92nd to the 98th percentile. This is a relative measurement, not a price target or recommendation, and it assumes the business is still the one its history describes.
Price ladder
The measured price sits in the Above reference zone. These are reference zones, not buy instructions or forecasts that the prices will be reached.
What the price assumes
The measured price implies roughly +20.3% annual cash-flow growth, between +12.8% and +25.8% under other reasonable assumptions. Over the last three years it delivered +20.3% a year.
An estimate that depends on its assumptions, not a forecast.
Quality versus peers
Each dimension is shown on its own; they are not combined into a score.
Current analyst snapshot
Shown for reference only; not used in any measurement.
What would have to break
- Not triggered — Revenue decline
- Not triggered — Margin break
- Not triggered — Cash burn with rising debt
- Not triggered — Heavy dilution
- Not triggered — Warning language in filings
News
No recent brief on this company.