Cantor Fitzgerald Lifts Texas Instruments Inc (TXN) Price Target. Here's Why
Cantor Fitzgerald Lifts Texas Instruments Inc (TXN) Price Target. Here's Why.
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Texas Instruments Inc (NASDAQ: TXN ) is one of the best stocks to buy according to David Greenspan's Slate Path Capital . Texas Instruments stock was a fresh addition to David Greenspan's equity portfolio during the Q1 2026 period. This semiconductor stock makes up 7.7% of the billionaire's Slate Path Capital hedge fund portfolio size. Some 71 hedge funds are backing Texas Instruments stock.
On June 29, Cantor Fitzgerald raised its price target on Texas Instruments Inc (NASDAQ:TXN) shares to $340 from $300 while keeping a Neutral rating on the stock. The brokerage views the AI infrastructure buildout as a generational semiconductor cycle, noting that it is expected to drive rapid industry revenue expansion.
According to the brokerage, semiconductor industry revenue could reach roughly $3 trillion by 2029 and exceed $3.5 trillion by 2030, courtesy of AI-driven demand.
In Q1 2026, Texas Instruments' revenue rose 19% YoY to $4.8 billion, and EPS increased 31% to $1.68. The quarter was supported by strong demand from data center and industrial markets. The company is anticipating Q2 revenue in the band of $5 billion to $5.4 billion and EPS in the range of $1.77 and $2.05.
Texas Instruments Inc (NASDAQ:TXN) is a global semiconductor company. It focuses on developing analog and embedded processing chips. These chips are used in everything from cars and medical devices to industrial systems.
While we acknowledge the potential of TXN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: Top 10 AI Stocks to Buy According to Billionaire Philippe Laffont and 10 Best Dividend Stocks Yielding at Least 5% to Buy According to Hedge Funds .
Sinergia Empresarial continuará el seguimiento de esta información sobre cantor Fitzgerald Lifts Texas Instruments Inc (TXN) Price Target. Here's Why y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
