New York, Jan 22, 2026, 19:53 ET — After-hours
- TXN gained roughly 0.3% in after-hours trading Thursday, hovering around $195
- BNP Paribas upgraded Texas Instruments to Neutral, while Susquehanna bumped up its price target
- Attention now turns to the Jan. 27 earnings call for signals on industrial restocking and auto demand
Shares of Texas Instruments Incorporated gained roughly 0.3%, reaching $194.99 in after-hours trading on Thursday. Earlier, the stock fluctuated between $193.68 and $199.99, driven by fresh analyst attention ahead of the chipmaker’s earnings report next week.
Timing is key. Investors are searching for clues that demand for industrial chips is settling after months of volatile orders, and Texas Instruments is often seen as a bellwether for the wider analog sector.
Analog chips handle power management and convert real-world signals across devices, from industrial machinery to automobiles. Their order cycles can be subtle at first, then suddenly spike.
BNP Paribas boosted its rating on Texas Instruments from Underperform to Neutral, setting a $190 price target, according to a research call summary. The firm highlighted a broad “restocking” cycle in industrial end markets, with customers replenishing inventories after previous cuts. The same note also upgraded Onsemi and Microchip Technology. Industrial customers account for about 34% of Texas Instruments’ sales, the report added. (24/7 Wall St.)
Susquehanna’s Christopher Rolland raised his price target for Texas Instruments to $225 from $200, maintaining a Positive rating. He anticipates results to land in line or slightly better this quarter, citing a “steadying upcycle” and expanding AI infrastructure supply chains. Rolland noted that industrial demand is picking up, though “auto remains somewhat challenged.” (TipRanks)
Intel’s forecast weighed on semiconductor stocks after hours, dragging the sector down late in the session. CFO David Zinsner warned supply would hit its “lowest level in Q1” before picking up later on. (Investopedia)
Texas Instruments is gearing up for a key event. The company announced it will webcast its Q4 and full-year 2025 earnings call on Tuesday, Jan. 27 at 3:30 p.m. Central time. CEO Haviv Ilan, CFO Rafael Lizardi, and head of investor relations Mike Beckman will be available for questions. (Texas Instruments)
According to Zacks estimates shared by Nasdaq, Texas Instruments is forecasted to post earnings of $1.30 per share on $4.44 billion in revenue. Investors will be tuning in closely for clues on industrial orders, inventory trends among customers, and if the auto sector remains a drag. (Nasdaq)
But the restocking boost can disappear quickly. If customers stick to hand-to-mouth buying — or if the auto sector stumbles again — guidance could still come up short, even if the quarter’s numbers look solid.
Heading into Friday, the key question is if these upgrades will spark sustained buying or just create brief noise before earnings. The real checkpoint comes Jan. 27, when Texas Instruments’ outlook is expected to influence the mood for other analog players that week.
