Texas Instruments Incorporated (TXN) is reportedly attracting a great deal of investor attention, with the company outperforming competitors on several strong trading days. The company recently boosted its clientele with
GaN selection, and despite some underperformance in comparison to competitors on other days, overall, the company has exceeded market returns.
Texas Instruments'
Q1 2024 earnings surpassed analyst
revenue forecasts, and even though the company faced revenue decline amidst strong cash flow performance, its stock has risen by 15.9% since the last earnings report.
Several entities such as
Vulcan Value Partners LLC and
American International Group Inc. have decreased their stock position in TXN, while Elliot bet $2.5 billion on shaking the company up. In a recent statement, Texas Instruments CEO said the company's free cashflow is trending towards $12 per share in 2026.
Despite reporting some soft analog demand which hurt their Q1 revenues, and a general underperformance in Q3, Texas Instruments Inc.resiliently outperformed their competitors despite losses on the day and paying quarterly dividends in 2024.
Texas Instruments Incorporated TXN News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 13:30:37 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
