Texas Instruments stock price target lowered to $200 by Mizuho

Investing.com - Mizuho (NYSE:MFG) has lowered its price target on Texas Instruments (NASDAQ:TXN) to $200 from $205 while maintaining a Neutral rating on the stock following the company’s June quarter earnings report. With a market capitalization of $195 billion and trading near its 52-week high, InvestingPro analysis suggests the stock is currently trading above its Fair Value.

Texas Instruments reported June quarter revenue of $4.45 billion, in line with consensus estimates, and guided for September quarter revenue of $4.63 billion, representing a 4% quarter-over-quarter increase and slightly ahead of the $4.57 billion consensus. The company maintains strong fundamentals with a gross profit margin of 58% and trailing twelve-month revenue of $16.05 billion.

The semiconductor manufacturer saw mixed performance across segments, with automotive and industrial sectors down low-single-digits and up mid-double-digits quarter-over-quarter, respectively. China sales increased 19% quarter-over-quarter, though China automotive underperformed.

Mizuho noted that end-customer inventory has improved outside the automotive sector, while analog pricing was estimated to be flat quarter-over-quarter in Q2 2025, with a projected 5% increase for Q3 2025.

The company’s inventory rose 3% quarter-over-quarter, and Texas Instruments maintained its capital expenditure guidance of approximately $5 billion for 2025 and $2-5 billion for 2026.

In other recent news, Texas Instruments reported robust financial results for the second quarter of 2025. The company achieved a revenue of $4.4 billion, marking a 16% increase compared to the same period last year. Earnings per share were reported at $1.41, exceeding the forecasted $1.35. Despite these strong financial outcomes, Citi maintained its Buy rating on Texas Instruments stock, reiterating a price target of $260.00. The firm highlighted that the results surpassed consensus expectations, partly due to strong performance in China. However, Texas Instruments noted that tariff-related pull-ins may have contributed to this performance. These developments reflect the company’s continued financial momentum amidst market dynamics.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.