Analyst Sentiment Sours on Texas Instruments Amid Weakening Outlook

Market analysts are growing increasingly cautious about semiconductor manufacturer Texas Instruments, with multiple firms revising their ratings and price targets downward. The consensus has shifted to a “Hold” position as concerns mount over slower-than-anticipated demand recovery and mounting margin pressures.

The catalyst for this wave of analyst skepticism emerged from Texas Instruments’ October third-quarter earnings report. While the company met expectations with earnings per share of $1.48 and revenue of $4.74 billion, its guidance for the current quarter fell substantially below market projections.

Management’s fourth-quarter forecast anticipates revenue between $4.22 billion and $4.58 billion, with EPS expected to range from $1.13 to $1.39. Particularly troubling to market observers is the projected gross margin decline to Read more...