Texas Instruments (TXN – Research Report), the Technology sector company, was revisited by a Wall Street analyst on April 23. Analyst Tristan Gerra from Robert W. Baird maintained a Buy rating on the stock and has a $175.00 price target.
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Tristan Gerra has given his Buy rating due to a combination of factors including Texas Instruments’ strategic positioning and market dynamics. The company is experiencing a broad recovery in the industrial sector, which is a positive sign for its growth prospects. Additionally, Texas Instruments has minimal exposure to distributors compared to its peers, which helps in maintaining a steady rebound trajectory as point-of-sale exceeds point-of-purchase.
Furthermore, Texas Instruments has taken a conservative approach to pricing during the previous upcycle, which positions it well to regain market share and achieve organic growth. The company’s U.S.-based production capacity is increasingly valued by its customers, providing a buffer against potential tariff-related impacts. Lastly, anticipated reductions in capital expenditures starting in 2026 are expected to ease depreciation pressures on the company’s gross margin, further supporting its financial performance.
In another report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $248.00 price target.
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TXN in relation to earlier this year.