Category: TXN

TXN – TXN Stock: $230 Target From Texas Instruments

  • The shares of Texas Instruments Incorporated (NASDAQ: TXN) have received a price target increase from $220 to $230 by Raymond James. These are the details.

The shares of Texas Instruments Incorporated (NASDAQ: TXN) have received a price target increase from $220 to $230 by Raymond James. And Raymond James analyst Christopher Caso is maintaining an “Outperform” rating on the shares.

Caso updated the rating following the company’s June quarter results, which he believes is puzzling. And Caso considers the guidance is meaningless as the company guided revenue flat to down quarter-over-quarter over the last 3 quarters, but has significantly beat the guidance each time.

Caso feels that management likely suffers from a lack of confident at the macro level despite what clearly continues to be tighter supply conditions at Texas Instruments and the semiconductor industry as a whole.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

TXN – Texas Instruments Earnings Beat Expectations. The Stock Is Falling.

Texas Instruments had increased demand for its chips in the second quarter.


Dreamstime


Texas Instruments

reported double-digit revenue growth and fatter profits on Wednesday, but that wasn’t enough for return-hungry investors who decided to focus on the company’s forecast instead.

Shares of Texas Instruments retreated in the extended session, falling 4.4% after closing out regular trading with a gain of 3.5%, to $194.24. Shares have gained 18% this year; the PHLX Semiconductor Index has increased 18% as well.

Texas Instruments, which makes chips for autos, industrial applications, and personal electronics, reported second-quarter net income of $1.9 billion, or $2.05 a share, compared with a net profit of $1.4 billion, or $1.48 a share. Revenue rose 41% to $4.6 billion. Analysts had expected earnings of $1.84 a share, on revenue of $4.36 billion.

Demand for many of the company’s chips grew during the quarter, which slowed down delivery to customers. Inventory remains low and the company is adding manufacturing capacity incrementally, executives said on a conference call. A new factory is scheduled to open next year.

Finance chief
Rafael Lizardi
told reporters and analysts that the company doesn’t know how long the global chip shortage is going to last.

“We’ve read the ranges that it is going to end soon, and others that say it is going to continue for quite some time,” Lizardi said. “We’re not going to forecast the fourth quarter, or even comment on how long the cycle will last because, honestly, we don’t know.”

For the third quarter, the company expects revenue of between $4.4 billion and $4.8 billion; the consensus estimate is $4.4 billion.

The company’s guidance indicates executives expect a strong quarter, Lizardi said.

As chip demand has surged far beyond supply, investors have come to expect semiconductor businesses to widely exceed earnings expectations and offer bullish guidance. Those that don’t face the wrath of investors.

Write to Max A. Cherney at max.cherney@barrons.com

TXN – New MCU portfolio redefines microcontroller performance, enabling 10 times higher processing capability than existing devices

“Demands for industrial automation, next-generation vehicles, intelligent analytics, and higher levels of connectivity are all fueling the need for fast, accurate microcontrollers at the edge. Delivering more advanced, power-efficient processing to distributed systems is one of the critical next steps in Industry 4.0,” said Chris Morris, senior research analyst at Omdia.

Built around high-performance Arm® MCU cores, the Sitara™ AM2x MCU portfolio includes single and multicore devices running at speeds up to 1 GHz and integrates specialized peripherals and accelerators. Implementing high-performance processing capabilities has never been easier, with accessible tools and easy-to-use software that simplify evaluation and reduce overall design complexity and cost.

“Designers increasingly need higher performance at a lower system cost to keep up with the demand for precise control, fast communications and complex analytics. In our new portfolio of Sitara MCUs, TI’s industry-leading processing, real-time control and advanced networking come together seamlessly, enabling engineers to break performance barriers in new, emerging applications,” said Mike Pienovi, general manager for Sitara MCU at TI.

Processor-level performance in a power-efficient MCU

The AM243x MCUs, the first family of devices available in the AM2x portfolio, feature up to four Arm Cortex®-R5F cores, each running up to 800 MHz. This high processing speed is critical in factory equipment such as robotics, where fast computations coupled with the MCU’s internal memory enhance a robot’s precision of motion and speed of movement, translating to higher productivity. The additional processing capability enables designers to add analytics for functions such as predictive maintenance, reducing downtime on factory floors. In typical applications, AM243x devices can achieve this level of performance while consuming less than 1 W of active power, enabling factory operators to extend their power resources, lowering both their operating costs and energy footprint.

Integration brings real-time control and networking to the edge

Sitara AM243x MCUs integrate sensing and actuation peripherals to enable low-latency real-time processing and control for factory automation as well as communications accelerators to simplify industrial networking. AM243x devices expand upon TI’s support of multiple gigabit industrial Ethernet protocols and time-sensitive networking (TSN), enabling next-generation factory networks. With AM243x, engineers can leverage certified protocol stacks available directly from TI to support EtherNet/IP™, EtherCAT®, PROFINET®, IO-Link Master and more to meet evolving industrial communication standards. On-chip security features on the AM243x MCUs support the latest encryption requirements, and integrated functional safety mechanisms, diagnostics and collateral help enable system integrators to target up to Safety Integrity Level (SIL) 3 of the IEC 61508 standard with their industrial designs.

Simplify high-performance designs with accessible tools and software

To reduce the complexity of design and development, TI created the Sitara AM243x LaunchPad™ Development Kit, enabling the quick evaluation of high-performance MCUs for less than $100. With this evaluation tool and the Sitara MCU+ software framework, developers can immediately start using the precision real-time control and out-of-the-box networking capabilities in the AM243x MCU. Developers also have access to application-specific reference examples, a strong ecosystem of tools and software, and the MCU+ Academy training portal to help them streamline designs and accelerate time to market.

Package, availability and pricing

Preproduction versions of the AM2431, AM2432 and AM2434 are now available exclusively on TI.com in a 17-mm-by-17-mm or 11-mm-by-11-mm package. Pricing starts at US$6.05 for 1,000-unit quantities. The AM243x LaunchPad Development Kit is also available on TI.com for US$89.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It’s what we do and have been doing for decades. Learn more at TI.com.

Trademarks

Sitara is a trademark of Texas Instruments. All registered trademarks and other trademarks belong to their respective owners.

SOURCE Texas Instruments

Related Links

https://www.ti.com

TXN – TXN Stock Price: $230 Target From Susquehanna

  • The shares of Texas Instruments Incorporated (NASDAQ: TXN) have received a price target increase from $220 to $230 by Susquehanna. These are the details.

The shares of Texas Instruments Incorporated (NASDAQ: TXN) have received a price target increase from $220 to $230 by Susquehanna. And Susquehanna analyst Christopher Rolland is maintaining a “Positive” rating on the company shares.

Rolland pointed out that the company bought a fab factory from Micron, thus bringing it their fourth 300MM analog fab. 

And Rolland believes that this is an indication of Texas Instruments’ feelings on the duration and extent of semiconductor shortages and much-needed new capacity for meeting demand.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

TXN – Where Texas Instruments Stands With Analysts

Within the last quarter, Texas Instruments (NASDAQ:TXN) has observed the following analyst ratings:

Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago
Bullish 0 0 0 3
Somewhat Bullish 1 0 0 2
Indifferent 0 0 0 1
Somewhat Bearish 0 0 0 1
Bearish 0 0 0 0

In the last 3 months, 11 analysts have offered 12-month price targets for Texas Instruments. The company has an average price target of $212.82 with a high of $235.00 and a low of $176.00.

price target chart

This current average represents a 8.64% increase from the previous average price target of $195.89.

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts also give out recommendations like “buy”, “sell”, “hold”, or similar verbage for each stock based on their overall evaluations of the corres ponding company. A “buy” indicates that an analyst is optimistic about a stock’s short-term or mid-term growth, recommending traders to purchase the stock. Contrastingly, a “sell” means that an analyst believes the stock will trend downwards in that same time frame. A “hold” suggests that investors should not buy more of or sell any of the specified stock due to that analyst’s prediction of stagnation.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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reserved.

TXN – Texas Instruments (TXN) Stock Moves -0.04%: What You Should Know

Texas Instruments (TXN Free Report) closed the most recent trading day at $187.65, moving -0.04% from the previous trading session. This change traded in line with S&P 500.

Heading into today, shares of the chipmaker had gained 3.31% over the past month, lagging the Computer and Technology sector’s gain of 6.01% and outpacing the S&P 500’s gain of 1.35% in that time.

TXN will be looking to display strength as it nears its next earnings release. In that report, analysts expect TXN to post earnings of $1.81 per share. This would mark year-over-year growth of 22.3%. Our most recent consensus estimate is calling for quarterly revenue of $4.32 billion, up 33.32% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $7.39 per share and revenue of $17.4 billion. These totals would mark changes of +23.79% and +20.3%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for TXN. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.44% higher. TXN is holding a Zacks Rank of #2 (Buy) right now.

Valuation is also important, so investors should note that TXN has a Forward P/E ratio of 25.4 right now. Its industry sports an average Forward P/E of 23.11, so we one might conclude that TXN is trading at a premium comparatively.

We can also see that TXN currently has a PEG ratio of 2.72. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Semiconductor – General industry currently had an average PEG ratio of 2.56 as of yesterday’s close.

The Semiconductor – General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 36% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

TXN – TI bridges the high-speed and precision gap with new SAR ADC family, including the industry's fastest 18-bit ADC

Increasing the precision of high-speed data acquisition addresses a rising need for real-time control in industrial systems. In a high-speed digital control loop, the ADC acts in a complex system to respond to fast changes in voltage or current to help prevent costly damage to critical components in power-management systems. As the number of data-intensive tasks in industrial systems increases, it becomes more important for the system to make quick decisions to prevent system failure, requiring higher precision at faster speeds.

Protect industrial systems with faster response times in digital control loops

The ADC3660 family delivers up to 80% lower latency than competitive devices at similar speeds. For example, system designers can achieve one-clock (8 ns) ADC latency with the 125-MSPS, 14-bit, dual-channel ADC3664. The family’s ultra-low latency enables high-speed digital control loops in a wide variety of industrial systems to more accurately monitor and respond to voltage and current spikes, increasing tool precision in applications such as semiconductor manufacturing systems.

Get industry-leading noise performance at the lowest power consumption

Up until now, engineers designing industrial systems had to choose between excellent noise performance and low power consumption – an especially difficult decision for those designing battery-operated devices that require precise data acquisition. The ADC3660 family eliminates this trade-off. For example, the ADC3683 – the industry’s fastest 18-bit ADC at 65 MSPS – improves noise performance in narrowband-frequency applications such as portable defense radios, offering a signal-to-noise ratio (SNR) of 84.2 dB and a noise spectral density of -160 dBFS/Hz while maintaining low power consumption of 94 mW per channel. Consuming 36 mW total, the 10-MSPS, 14-bit ADC3541 simplifies thermal management and extends battery life in power-sensitive applications such as GPS receivers or handheld electronics. And the 65-MSPS, 16-bit ADC3660 delivers 82 dBFS SNR, improving image resolution in sonar applications while consuming 65% less power (71 mW per channel) than the equivalent competitive device. Watch the video, “Increasing signal detection capability in industrial applications,” to learn more about how the family’s noise performance contributes to higher accuracy and better image resolution.

Reduce design complexity with integrated features and high sampling frequencies

The ADC3660 family’s high sampling speeds and integrated features help designers reduce the number of components in their systems. For example, the ADC3683 – which samples four times faster than the closest competing 18-bit device at twice the channel density – enables oversampling, a technique that pushes harmonics further from the desired signal. This allows designers to reduce antialiasing filter complexity and system component count by as much as 75%.

Other family features that reduce design complexity include on-chip decimation options that enable designers to easily remove unwanted noise and harmonics in the system and boost SNR and spurious-free dynamic range up to 15 dB. These decimation options, along with the complementary metal-oxide semiconductor (CMOS) interface, enable designers to use these ADCs with Arm®-based processors or digital signal processors instead of field-programmable gate arrays (FPGAs), which can help lower system cost.

Additionally, an integrated digital downconverter with a complex numerically controlled oscillator reduces the amount of processor resources required. To learn more, read the Analog Design Journal article, “How to simplify AFE filtering via high-speed ADCs with internal digital filters.”

Package, availability and pricing

The ADC3563, ADC3583, ADC3643, ADC3660, ADC3663, ADC3664 and ADC3683 are available now from TI in a 5-mm-by-5-mm very thin quad flat no-lead (WQFN) package. Pre-production versions of the ADC3541 are available now, only on TI.com, with volume production expected in the first quarter of 2022. Evaluation modules are available from TI for US$249. Multiple payment, line-of-credit and fast, reliable shipping options are available on TI.com.

Product

Sample rate

Resolution

Channel count

Package

Buy now from TI

Price (1,000-unit quantity)

Evaluation module

ADC3541

10 MSPS

14 bit

1

WQFN (5 mm by 5 mm)

ADC3541

US$14.50

Expected in fourth quarter 2021

ADC3563

65 MSPS

16 bit

1

ADC3563

US$46.50

ADC3663EVM

ADC3663

65 MSPS

16 bit

2

ADC3663

US$64.50

ADC3583

65 MSPS

18 bit

1

ADC3583

US$71.50

ADC3683EVM

ADC3683

65 MSPS

18 bit

2

ADC3683 

US$99.50

ADC3643

65 MSPS

14 bit

2

ADC3643

US$37.00

ADC3643EVM

ADC3660

65 MSPS

16 bit

2

ADC3660

US$46.50

ADC3660EVM

ADC3664

125 MSPS

14 bit

2

ADC3664

US$61.50

ADC3664EVM

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It’s what we do and have been doing for decades. Learn more at TI.com.

Trademarks

All registered trademarks and other trademarks belong to their respective owners.

SOURCE Texas Instruments

Related Links

http://www.ti.com

TXN – Texas Instruments (TXN) Dips More Than Broader Markets: What You Should Know

Texas Instruments (TXN Free Report) closed the most recent trading day at $188.55, moving -0.8% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.08%.

Coming into today, shares of the chipmaker had gained 1.23% in the past month. In that same time, the Computer and Technology sector gained 2.81%, while the S&P 500 gained 1.68%.

TXN will be looking to display strength as it nears its next earnings release. On that day, TXN is projected to report earnings of $1.81 per share, which would represent year-over-year growth of 22.3%. Meanwhile, our latest consensus estimate is calling for revenue of $4.32 billion, up 33.32% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $7.39 per share and revenue of $17.4 billion, which would represent changes of +23.79% and +20.3%, respectively, from the prior year.

Any recent changes to analyst estimates for TXN should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.44% higher. TXN is currently a Zacks Rank #2 (Buy).

Digging into valuation, TXN currently has a Forward P/E ratio of 25.72. Its industry sports an average Forward P/E of 22.67, so we one might conclude that TXN is trading at a premium comparatively.

Investors should also note that TXN has a PEG ratio of 2.76 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. Semiconductor – General stocks are, on average, holding a PEG ratio of 2.53 based on yesterday’s closing prices.

The Semiconductor – General industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 115, which puts it in the top 46% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.