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Oct 13, 2025 4:50 PM

Texas Instruments Stock Looks Pricey Compared To Peers, Analyst Warns

Texas Instruments (NASDAQ:TXN) faces mounting pressure as macroeconomic headwinds collide with a rich valuation, signaling tighter near-term growth prospects for the semiconductor giant.

Bank of America (BofA) analyst Vivek Arya downgraded Texas Instruments to Underperform from Neutral and slashed the price forecast to $190 from $208.

The bearish stance reflects the analyst’s view that global tariff uncertainty will limit the near-term recovery of industrial demand.

Also Read: Wall Street’s Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields

With minimal exposure to the AI capex cycle, unlike peers such as Infineon (OTC:IFNNY), Texas Instruments trades at a premium 25x/31x calendar year 2026 estimates P/E on consensus/BofA estimates, higher than Analog ...