TXN stock: buy or sell

TXN stock price: $183.27 2.39% At close on May 14th, 2021

Updated on:
May 17th, 2021

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TXN stock brief

  • Texas Instruments stock went up 2.39% to close at $183.27 on the stock market last Friday.
  • Price is drawing a scaled uptrend since March 2020 with higher tops and higher bottoms. Up to date, shares marked a 103.54% gain since the beginning of this rally
  • Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing.

Should I buy Texas Instruments stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $TXN stock a buy?

In the current situation of Texas Instruments there is just one buy setup eligible:

Uptrend buy setup

Texas Instruments stock continues to trend higher since in March 2020 and has marked an amazing 103.54% gain. Price marked a local bottom in this uptrend at $175.53 on May 4, and since then it bounced off a 4.41%. Now, it's just 7.22% away from breaking out above its last top and resume the uptrend. The new entry point is therefore at $196.50. If you decide to enter this trade, the suggested stop loss is at $176.85

Buy setupBuy pointStop lossRisk
Uptrend buy setup$196.50$176.8510.00%

Should I sell Texas Instruments stock?

Do you know when is it time to sell Texas Instruments?. Similarly to when we have to buy shares, determining when is appropiate time to sell is not a haphazard decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed setups are very easy to use but are only valid for selling stocks you already own, not for selling short $TXN stock

As a golden rule, you should never keep an investment that results in greater losses than those expected upon the buy. The moment to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Texas Instruments stock?

Currently, Texas Instruments stock doesn't match any of our preferred sell setups, so if you hold Texas Instruments shares and your operation is in profit probably is not time to sell now

Texas Instruments ratings

In the last 30 days, 20 analyst ratings were published for Texas Instruments. General sentiment is bullish, with 12 out of 20 posting optimistic forecasts

Texas Instruments analysts' ratings - Last 30 days
Brokerage firmRating
Apr 19th, 2021
Morgan Stanley Sell
Apr 21st, 2021
Oppenheimer Buy
Apr 27th, 2021
Cascend Securities Strong buy
Apr 28th, 2021
Barclays Sell
Citigroup Neutral
Deutsche Bank Aktiengesellschaft Neutral
Jefferies Financial Group Strong buy
KeyCorp Buy
Longbow Research Strong buy
Mizuho Neutral
Rosenblatt Securities Strong buy
Susquehanna Buy
Susquehanna Bancshares Buy
Truist Neutral
Truist Securities Neutral
May 3rd, 2021
Cascend Securities Strong buy
May 4th, 2021
Jefferies Financial Group Strong buy
KeyCorp Buy
Mizuho Neutral
Rosenblatt Securities Strong buy

Texas Instruments stock analysis

Since in March 2020, Texas Instruments has been printing an uptrend that by now marked a gorgeous 103.54%. The price shows higher peaks and higher lows, and along the way provided some buy points for those who wanted to enter. Latest pullback was on May 4, when price bounced at $175.53. Now, it moves in a consolidation between its last top ($196.50) and its last bottom ($175.53)

SMAs overview

TXN stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $196.50 (7.22% above)
  • The current supports are:

  • S1: $180.80 (-1.35% below)
  • S2: $175.53 (-4.22% below)
  • S3: $173.46 (-5.35% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price rebounded by 3.97%

    TXN stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in early April after just crossing to the overbough zone for a single day (weak signal). The RSI reading last Friday was 49.89. Texas Instruments shares dropped a 6.42% since RSI lost the overbought zone

    TXN stock RSI chart

    Texas Instruments stock price history

    Texas Instruments went public on Jun 1st, 1972 at $0.00 per share1. Since then, TXN stock surged by -, with an average of 0.00% per year. An investment of $1,000USD at that time would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    TXN stock price history chart

    Price target for Texas Instruments stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis predicting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price target based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial data by the company, and many times. Again, these targets are not direct recommendations for small traders and must not be followed blindly.

    Averaging all price targets exposed below, the predicted price for Texas Instruments stock is $208.55. Texas Instruments closed at $183.27 last Friday, that is a 12.12% than the target price.

    Texas Instruments stock price predictions
    Brokerage firmPrice target
    Apr 19th, 2021
    Morgan Stanley $162.00$176.00
    Apr 21st, 2021
    Oppenheimer $185.00$220.00
    Apr 27th, 2021
    Cascend Securities $200.00$210.00
    Apr 28th, 2021
    Barclays $155.00$170.00
    Citigroup $201.00$215.00
    Deutsche Bank Aktiengesellschaft $170.00$185.00
    Jefferies Financial Group $206.00$220.00
    KeyCorp $225.00$235.00
    Longbow Research $220.00$225.00
    Mizuho $175.00$185.00
    Rosenblatt Securities $200.00$220.00
    Susquehanna $200.00$220.00
    Susquehanna Bancshares $200.00$220.00
    Truist $184.00$200.00
    Truist Securities $184.00$200.00
    May 3rd, 2021
    Cascend Securities $200.00$210.00
    May 4th, 2021
    Jefferies Financial Group $206.00$220.00
    KeyCorp $225.00$235.00
    Mizuho $175.00$185.00
    Rosenblatt Securities $200.00$220.00

    Earnings and financials

    In late April, Texas Instruments Incorporated ($TXN) reported adjusted EPS for that strongly improved analysts' expectations. Quarterly EPS was $1.87 per share vs the estimates of $1.58. This Q1 report represents an earnings surprise of 18.35%. Turnover was $4.3 billion versus $4.0 billion predicted by analysts.

    For comparison, the EPS for the same quarter last year was $1.24, so reported EPS means a gain of 50.81%. Revenue exploded a 28.84% on an annualized basis in the , from $33.3B to $42.9B last quarter.

    TXN ($TXN) will host the earnings call next July. Analysts forecast of $1.82, that is a 2.67% less than Q1.

    Texas Instruments performance

    TXN performance compared
    Company1m3m6m
    Texas Instruments ($TXN) -4.80% 2.40% 18.80%

    Important note:
    The opinions expressed in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not know the specific conditions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for education reasons only

    TXN summary

    Friday, May 14th, 2021
    Open$180.7
    Close$183.27
    Day range$179.5 - $184.92
    Previous close$178.99
    Session gain2.39%
    Average true range$6.36
    50d mov avg$182.67
    100d mov avg$175.81
    200d mov avg$160.35
    Earnings dateJuly 20th, 2021

    Frequently asked questions

    What is Texas Instruments stock symbol?

    Texas Instruments Incorporated is a public company trading in the US stock market with the TXN symbol

    Is Texas Instruments stock a buy or sell?

    Texas Instruments received 20 ratings in the last 30 days: 12 bullish, 2 bearish and 6 neutral.

    Will TXN go up?

    Texas Instruments had different price predictions published by market analysts in the last month setting the target price to $208.55. That is a 13.79% than the current price ($183.27).