Texas Instruments Q1 revenue beats, helped by industrial, data center demand

Texas Instruments

22/04/2026 21:10

Overview

US semiconductor maker's Q1 revenue grew 19% yr/yr, beating analyst expectations

Q1 EPS rose 31% yr/yr, includes 5-cent benefit not in original guidance

Company returned $6.0 bln to shareholders over past 12 months

Outlook

Texas Instruments sees Q2 revenue between $5.00 bln and $5.40 bln

Company expects Q2 earnings per share between $1.77 and $2.05

Result Drivers

INDUSTRIAL AND DATA CENTER DEMAND - Co said Q1 revenue growth was led by industrial and data center segments

ANALOG AND EMBEDDED PROCESSING STRENGTH - Analog and Embedded Processing segments saw double-digit revenue and operating profit growth

Company press release: ID:nPn3PfL8Pa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$4.83 bln
$4.52 bln (26 Analysts)
Q1 EPS
$1.68
Q1 Net Income
$1.55 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 14 "strong buy" or "buy", 22 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for Texas Instruments Inc is $225.00, about 3.5% below its April 21 closing price of $233.15

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 28 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)