Following the Q2 2026 earnings release on July 22, 2026, Texas Instruments experienced a negative market reaction despite exceeding consensus estimates for both revenue and earnings and providing strong forward guidance. The stock fell 5.3% in pre-market trading and closed down 4.38% on July 23, before settling around $279.58 by July 25, 2026, bringing the company's market capitalization to approximately $260.2 billion1. This sell-off was driven by immediate valuation concerns—as the stock's trailing price-to-earnings multiple remained significantly above its five-year historical median—and by sympathy-driven sector weakness after competitor STMicroelectronics issued soft third-quarter guidance on the same day

As of late July 2026, the analyst consensus consists of 15 buy ratings, 17 hold ratings, and 3 sell ratings, with a mean price targe ...