Texas Instruments Plunges 2.97% as TD Cowen Cuts Target Price
On April 10, 2025, Texas Instruments' stock price dropped by 2.97% in pre-market trading, reflecting a significant decline in investor sentiment.
TD CowenCWEN-- recently lowered its target price for Texas InstrumentsTXN-- from $200 to $160, sparking widespread market attention. Investors are speculating about the reasons behind this adjustment and its potential impact on the market. This move comes at a time when the financial market is experiencing volatility, making it crucial for investors to adapt and formulate effective investment strategies.
In response to the market's fluctuations, Texas Instruments has seen a decline in its financial performance. The company reported a total revenue of $15.64 billion for the year ending December 31, 2024, marking a 10.72% decrease year-over-year. Additionally, its net income attributable to shareholders dropped by 26.28% to $4.80 billion during the same period.
Despite the challenges, Texas Instruments remains a key player in the semiconductor industry. The company, founded in 1930 and headquartered in Dallas, Texas, operates in over 30 countries with a strong presence in design, manufacturing, and sales. Its upcoming financial report for the first quarter of 2025, scheduled for release on April 22, will provide further insights into its performance and future outlook.

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