Oppenheimer analyst Rick Schafer maintained a Buy rating on Texas Instruments on Wednesday, setting a price target of $220, which is approximately 15.04% above the present share price of $191.24.
Schafer expects Texas Instruments to post earnings per share (EPS) of $1.84 for the second quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Texas Instruments, with an average price target of $195.44.
The analysts price targets range from a high of $225 to a low of $155.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.08 billion and a net profit of $1.86 billion. The company's market cap is $176.52 billion.
According to TipRanks.com, Oppenheimer analyst Rick Schafer is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.5% and a 80.70% success rate.
Incorporated in 1930, Texas Instruments Incorporated (NASDAQ:TXN), a global semiconductor company, designs, manufactures and sells analog and embedded processing chips. The company operates through two segments, including Analog, and Embedded Processing. The company is headquartered in Dallas, Texas.