Stifel Raises Texas Instruments (TXN) Price Target to $370

On October 22, 2026, Stifel maintained its Buy rating on Texas Instruments Incorporated and raised its price target from $360 to $370. The research note outlines the firm's forward-looking perspective on the semiconductor manufacturer as market conditions shift.

TXN Texas Instruments Incorporated

$284.65 ▲ +63.05% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Stifel's Texas Instruments Position

Stifel kept its positive stance on Texas Instruments Incorporated on October 22, 2026, while nudging its target higher. The firm moved its target from $360.0 to $370.0 while endorsing a Buy rating for the stock.

Other Institutional Activity in Texas Instruments

Large fund managers continue to adjust their holdings in Texas Instruments Incorporated. Nisa Investment Advisors trimmed its stake by 11,706 shares, ending with 326,980 shares valued at about $91,583,828. Meanwhile, Bank Of New York Mellon Corporation reduced its position by 1,343,361 shares, leaving it with 15,059,099 shares worth roughly $4,237,442,403 in its report filed for June 30, 2026.

Texas Instruments Incorporated Stock Holds Steady

Texas Instruments shares recently traded around $277.68 as of October 22, 2026, down about 1.3% from their closing price of $281.39 on the same day. The stock trades about 2.0% above its 50-day moving average of $272.12 and sits roughly 8.5% above its 200-day moving average of $255.83. Shares remain down about 16.9% from their 52-week high of $334.03 while holding well above their 52-week low of $152.73.

Recent Earnings

Texas Instruments generated trailing twelve-month revenue of $19,452,999,680. The company posted a net profit margin of 31.1% and a return on equity of 35.2%. The firm trades at a trailing price-to-earnings ratio of 36.92, with earnings per share over the past year totaling $7.71.

Dividend

Shareholders receive an annual dividend rate of $6.08 per share. That payout translates to a dividend yield of 2.14% based on a dividend payout ratio of 85.5%.

Insider Buying and Selling at Texas Instruments Incorporated

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

Analysts Set New Price Targets

Wall Street firms updated their views on October 22, 2026. Barclays maintained an equal-weight rating while raising its target from $250.00 to $280.00. JP Morgan maintained an overweight rating and bumped its target from $340.00 to $365.00. Rosenblatt maintained a buy rating and increased its target from $350.00 to $360.00, and Mizuho maintained a neutral rating while lowering its target from $305.00 to $290.00. Overall, the stock carries a consensus buy rating across 28 analysts with a mean price target of $331.11.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells analog and embedded processing semiconductors to electronics makers across the globe. Headquartered in Dallas, Texas, the company supplies essential chips used in industrial, automotive, and consumer electronics products.

Bottom Line

Stifel's higher target highlights continued confidence in the chipmaker's business model. Investors will monitor upcoming earnings reports and further institutional filings for signs of shifting demand across the semiconductor sector.