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With a net profit margin of 29.11%, Texas Instruments Incorporated (NASDAQ:TXN) is included among the 12 Most Profitable American Stocks to Buy in 2026.
Texas Instruments Incorporated (NASDAQ:TXN) designs, manufactures, and sells ***** og and embedded semiconductors that are the essential building blocks of electronic systems.
On June 15, Citi boosted its price recommendation on Texas Instruments Incorporated (NASDAQ:TXN) from $280 to $345 and maintained its 'Buy' rating on the shares. The revised target represents an upside of over 10% from the current levels.
According to Citi, the move is driven by the recent product price hikes and a strengthening recovery in the ***** og semiconductor market, supported by the soaring demand from data centers. The ***** yst firm expects Texas Instruments to grow its share in data center power starting in the second half of this year.
Similarly, earlier on June 9, Wells Fargo also raised its price target on Texas Instruments Incorporated (NASDAQ:TXN) by $40, while reiterating an 'Equal Weight' rating on the shares (read more details here).
1 month ago

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