JP Morgan Raises Texas Instruments (TXN) Price Target to $365

JP Morgan reiterated its Overweight rating on Texas Instruments Incorporated on October 22, 2026, while raising its price target from $340.00 to $365.00. The research note arrived alongside a wave of updates from other major financial firms evaluating the semiconductor producer. Texas Instruments closed at $281.39 on October 22, 2026, and recently traded down about 1.3% around $277.68.

TXN Texas Instruments Incorporated

$284.65 ▲ +63.05% year to date

1M 3M YTD

Daily close · Oct 21, 2026

JP Morgan's Call on Texas Instruments

In its October 22, 2026 note, JP Morgan maintained an Overweight rating on Texas Instruments while lifting its target by $25.00 to $365.00. The move places the firm's outlook well above the stock's recent trading level, reflecting strong confidence in the chipmaker's business segments.

Other Institutional Activity in Texas Instruments

Bank Of New York Mellon Corporation reduced its holdings by 1,343,361 shares during its quarter ended June 30, 2026, ending with 15,059,099 shares worth about $4,237,442,403. That marked an 8.2% decrease in the fund's stake.

Texas Instruments Incorporated Stock Holds Steady

Shares recently changed hands around $277.68, down roughly 1.3% from the October 22, 2026 close of $281.39. The stock is currently sitting about 2.0% above its 50-day moving average of $272.12 and roughly 8.5% above its 200-day moving average of $255.83. Even with those gains, the share price remains 16.9% below its 52-week high of $334.03 while sitting 81.8% above its 52-week low of $152.73.

Recent Earnings

Texas Instruments generated $19,452,999,680 in trailing twelve month revenue. The company reported a net profit margin of 31.1% and a return on equity of 35.2%, with basic earnings per share sitting at $7.71.

Dividend

Income investors receive an annual dividend rate of $6.08 per share, which translates to a dividend yield of 2.14%. The payout is supported by a dividend payout ratio of 85.5%.

Insider Buying and Selling at Texas Instruments Incorporated

Several insiders completed stock transactions earlier in the year. Officer Ahmad Bahai sold 5,000 shares on May 14, 2026, at an average price of $309.13 for a total value of $1,545,636. Chief Financial Officer Rafael R Lizardi sold 47,734 shares on May 14, 2026, worth $14,706,996. Director Martin S Craighead sold 10,000 shares on May 28, 2026, valued at $3,204,289, and Officer Tsedeniya Abraham sold 7,000 shares on August 27, 2026, valued at $1,852,413.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on October 22, 2026, alongside JP Morgan's move. Barclays maintained its Equal-Weight rating and raised its target from $250.00 to $280.00. Stifel maintained a Buy rating while lifting its target from $360.00 to $370.00. Rosenblatt kept a Buy rating and increased its target from $350.00 to $360.00, while Mizuho maintained a Neutral rating but lowered its target from $305.00 to $290.00. Across the broader analyst community, the stock carries a consensus buy rating with a mean price target of $331.11 based on 28 analyst opinions.

About Texas Instruments

Texas Instruments designs, manufactures, and sells analog and embedded processing semiconductors to electronics makers across the globe. Headquartered in Dallas, Texas, the company supplies components used in industrial, automotive, personal electronics, and enterprise systems. Its broad portfolio spans thousands of products that help manage power, process data, and sense inputs for electronic gear worldwide.

Bottom Line

The upgraded target from JP Morgan highlights ongoing Wall Street support as the chipmaker trades above its key moving averages. Investors will continue watching institutional ownership shifts and upcoming earnings reports to gauge demand across the firm's analog and embedded segments.