Texas Instruments stock trades below its yearly high after downgrade

Published on 09/25/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Texas Instruments stock posted USD 5.46 billion in Q2 2026 revenue, up 23 percent year over year. Zacks moved its rating from Strong Buy to Hold on September 23, 2026.

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Texas Instruments stock (ISIN US8825081040) was trading at USD 270.65 on Nasdaq on September 24, 2026, down 0.72 percent from the prior close. The immediate catalyst is an analyst downgrade: MarketBeat reported on September 23, 2026, that Zacks Research moved its rating from Strong Buy to Hold.

Q2 revenue rose 23 percent

Texas Instruments delivered USD 5.46 billion in Q2 2026 revenue, up 23 percent from the prior-year quarter. Net income was USD 1.98 billion, while diluted EPS reached USD 2.14, up from USD 1.41 a year earlier, according to Stock Titan.

The earnings comparison also cleared the quarterly consensus cited by MarketBeat: EPS of USD 2.14 exceeded the USD 1.91 estimate by USD 0.23, and revenue of USD 5.46 billion topped the USD 5.26 billion forecast. The figures give the downgrade a clear counterweight, but they also raise the bar for the next report.

Q3 guidance sets the next test

Management guided for Q3 2026 revenue of USD 5.65 billion to USD 6.15 billion and EPS of USD 2.23 to USD 2.57, figures reported by Stock Titan. That range makes execution the central issue after the strong second quarter, especially as the latest analyst view now carries a Hold rating.

MarketBeat also cited a consensus price target of USD 312.12. That target is USD 41.47 above the September 24 quote, while the stock remains USD 63.38 below its 52-week high.

Stock remains below its yearly high

Texas Instruments stock was trading at USD 270.65 on Nasdaq on September 24, 2026, at 4:00 p.m. ET. The 52-week range was USD 152.73 to USD 334.03, and market capitalization stood at USD 247,170,486,216.