Texas Instruments Inc. (TXN) reported second-quarter 2026 earnings results on [insert date], exceeding the Zacks Consensus Estimate for both revenue and earnings. The company’s gross margin improved to 61.4% from 57.9% year-over-year, while operating margin increased to 42.3% from 35.1%. Earnings per share surged 52% year-over-year, driven by robust AI-powered data center demand.
For the third quarter of 2026, TXN projects revenues between $5.65 billion and $6.15 billion and earnings per share between $2.23 and $2.57. The outlook reflects an expected revenue growth rate of 20.4% and an earnings growth rate of 49.9% for the current year, with a favorable Zacks Rank of #1 (Strong Buy).
Brokerage firms have set a price target range of $215 to $400, indicating a potential upside of 43.2% from the last closing price of $279.41 and a favorable risk/reward ratio of 1:87.
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