Zacks Research upgrades Texas Instruments to “Strong Buy”

Zacks raises Texas Instruments rating

Zacks Research upgraded Texas Instruments Inc. shares from “Hold” to “Strong Buy” in a research report issued Thursday, according to Daily Political, which cited the Zacks report. MarketBeat separately reported the same rating change, describing it as reflecting improved analyst sentiment amid stronger demand for the company’s analog and data-center products.

The upgrade was one of several research actions reported for Texas Instruments. Mizuho cut its price target to $290 from $305 while retaining a “Neutral” rating; UBS lowered its target to $360 from $380 and retained a “Buy” rating; and JPMorgan raised its target to $365 from $340 while retaining an “Overweight” rating. Citigroup reiterated “Buy,” while Rosenblatt Securities raised its target to $360 from $350 and also retained “Buy.”

Broader analyst view remains mixed

The analyst breakdown reported by Daily Political showed one “Strong Buy,” 16 “Buy,” 11 “Hold” and three “Sell” ratings. The company’s broader consensus rating was “Hold,” with an average price target of $311.39. Jefferies was also reported by MarketBeat to have raised its target to $300 from $260 while retaining a “Hold” rating.

Those ratings represented separate research opinions and did not constitute company guidance or a transaction involving Texas Instruments. The reviewed reporting did not disclose any cash payer, cash recipient, asset transferor or transferee in connection with the rating actions.

Quarterly results and dividend provide context

Texas Instruments reported quarterly results on October 21, 2026. The company posted revenue of $6.05 billion and earnings of $2.62 per share, compared with analyst expectations of $5.94 billion and $2.40 per share, respectively. Revenue increased 27.7% from the prior-year quarter, while earnings per share rose from $1.48.

MarketBeat characterized the results as exceeding quarterly expectations and said management also issued stronger-than-expected fourth-quarter guidance. The reviewed source set did not provide the full guidance figures.

Texas Instruments also disclosed a quarterly dividend of $1.52 per share, up from $1.42. The dividend is scheduled for payment on November 10 to shareholders of record on October 30; the reporting also identified October 30 as the ex-dividend date.

Market data and valuation snapshot

Texas Instruments shares opened at $284.69 on Thursday. The reported market capitalization was $259.99 billion, with a price-to-earnings ratio of 36.92, a price-to-earnings-growth ratio of 1.52 and a beta of 1.35. Its 50-day moving average was $271.98, while its 200-day moving average was $279.47.

The stock’s reported 52-week range was $152.73 to $334.03. MarketBeat noted that the company’s premium valuation could create risk if industrial recovery or artificial-intelligence infrastructure spending slowed; that was an analytical caution rather than a disclosed company or market outcome.