New York, Jan 25, 2026, 16:13 EST — Market closed.
- Shares of Texas Instruments Incorporated closed Friday 0.9% lower, at $193.31.
- A Stifel analyst maintained a Hold rating as the company prepares to release earnings on Jan. 27.
- Investors are gearing up for the demand and margin outlook, alongside a dividend record date set for Jan. 30.
Shares of Texas Instruments Incorporated slipped 0.9% to close at $193.31 on Friday, as investors held back ahead of a busy earnings week for U.S. chipmakers.
With the market closed Sunday, all eyes turn to Tuesday for the next real test of TXN. Texas Instruments is closely watched as a barometer for demand in factories and autos—two sectors known for slow shifts that can seriously pressure margins when they falter.
This matters now as investors look for clear signs that orders are either stabilizing or simply moving around, with companies scrambling to reduce inventories. Production is another pressure point: chip fabs running below capacity can hit profits hard, even if sales remain steady.
Stifel analyst Tore Svanberg stuck with a Hold rating and a $200 price target on Friday, citing tariff uncertainty and near-term margin pressures even though he sees wider improvements ahead. He noted, “While the analog market appears to be turning the corner, choppy 1H26 macro dynamics and tariff uncertainty lead us to remain conservative.” (Streetinsider)
Svanberg said he expects results to come in roughly on target but pointed to “tactical under-loading” as a near-term headwind. Under-loading means running factories below full capacity, which spreads fixed costs over fewer chips and squeezes gross margins.
Traders will be watching closely for shifts in the tone around industrial and automotive demand, especially whether customers are placing fresh orders or merely accelerating existing ones. The guidance for the March quarter is set to carry the day.
Texas Instruments announced it will webcast its Q4 and full-year 2025 earnings call on Tuesday, Jan. 27, at 3:30 p.m. Central. CEO Haviv Ilan and CFO Rafael Lizardi are set to lead the session. (Texas Instruments)
The company announced a quarterly cash dividend of $1.42 per share, set to be paid on Feb. 10, 2026, to shareholders recorded by Jan. 30. (Texas Instruments)
Over the weekend, the analog sector showed a split picture. Analog Devices slipped roughly 1%, and NXP Semiconductors dropped around 1.8%. Investors are now looking to Texas Instruments to possibly steady the group’s footing.
There’s a clear risk here. Should Texas Instruments issue cautious guidance for March-quarter revenue or indicate that factory utilization remains sluggish, investors could swiftly downgrade earnings forecasts — particularly given ongoing concerns about tariffs and broader macroeconomic growth weighing on customer demand.
Tuesday’s earnings report will be the next key event, with the company scheduled to release results after the market closes. An investor call will follow the announcement. (Nasdaq)
