TXN Stock Summary and Trading Ideas (Texas Instruments | NASDAQ:TXN)

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Texas Instruments trades on the NASDAQ stock market under the symbol TXN.

As of November 15, 2024, TXN stock price declined to $201.12 with 5,168,562 million shares trading.

TXN has a beta of 1.49, meaning it tends to be more sensitive to market movements. TXN has a correlation of 0.44 to the broad based SPY ETF.

TXN has a market cap of $183.63 billion. This is considered a Large Cap stock.

Last quarter Texas Instruments reported $4 billion in Revenue and $1.47 earnings per share. This beat revenue expectation by $31 million and exceeded earnings estimates by $.09.

In the last 3 years, TXN traded as high as $220.39 and as low as $139.48.

The top ETF exchange traded funds that TXN belongs to (by Net Assets): VTI, VOO, QQQ, SCHD, SPY.

TXN has outperformed the market in the last year with a return of +35.9%, while the SPY ETF gained +31.8%. However, in the most recent history, TXN shares have underperformed the stock market with its stock returning +0.3% in the last 3 month period and -1.9% for the last 2 week period, while SPY has returned +6.2% and +2.6%, respectively.

TXN support price is $202.22 and resistance is $209.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TXN shares will trade within this expected range on the day.