Texas Instruments (TXN) Drops 2.68% on Target Price Cut

On April 10, 2025, Texas Instruments experienced a 2.68% drop in pre-market trading, reflecting a significant decline in investor sentiment.

TD Cowen recently lowered its target price for Texas Instruments from $200 to $160, sparking widespread market attention. This adjustment has led to speculation about the underlying reasons and potential market impacts. Investors are now more cautious, given the volatile nature of the financial market.

Despite the market downturn, Texas Instruments has a strong financial foundation. The company reported a total revenue of $15.64 billion for the year ending December 31, 2024, although this represents a 10.72% decrease year-over-year. The net income attributable to the company also saw a significant decline, dropping by 26.28% to $4.80 billion.

On April 7, Robert W. Baird upgraded Texas Instruments to an "Outperform" rating and raised its target price to $175. This positive outlook from a reputable analyst firm may provide some reassurance to investors, suggesting that the company's long-term prospects remain strong despite recent setbacks.

Looking ahead, Texas Instruments is scheduled to release its first-quarter earnings report for the fiscal year 2025 on April 22. This report will be crucial in providing further insights into the company's performance and future outlook, potentially influencing investor decisions and market sentiment.