Post-earnings recap
Reported
Wed, Apr 22, 2026
EPS actual
$1.68
EPS est.
$1.37
EPS surprise
+22.45%
1-day move
+1.36%
Texas Instruments reported better-than-expected earnings per share, which led to a positive stock reaction, rising 1.36%. The strong EPS performance reflects solid demand in their key markets. However, the lack of revenue data and forward guidance may leave investors cautious about the company's future outlook.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.68 | N/A | +22.45% |
| Revenue | N/A | N/A | N/A |
Management expressed cautious optimism about future growth driven by strong market demand. They also noted ongoing challenges in the supply chain.
Management highlighted strong demand in key markets.
They emphasized ongoing investments in innovation.
Concerns about supply chain challenges were acknowledged.
Texas Instruments Inc. (TXN) is a leading semiconductor company that designs and manufactures a wide range of analog and embedded processing chips. These components are crucial for various applications, including automotive, industrial, and consumer electronics, making TXN a key player in the growing technology sector.
Last quarter
In the last quarter, Texas Instruments reported an EPS of $1.27, slightly missing analysts' expectations. The stock reacted modestly, indicating some investor caution.
EPS beat streak
2Q
EPS beat rate
88%
Avg EPS surprise
+9.77%
Avg 1-day reaction
+0.97%
Overall, Wall Street is cautiously optimistic about Texas Instruments' upcoming earnings, given its strong historical performance despite recent misses.
Bull case
The bullish view hinges on TXN exceeding EPS expectations and demonstrating strong revenue growth, potentially driven by increased demand in key sectors like automotive and industrial.
Bear case
Conversely, the bearish perspective suggests that ongoing supply chain issues and economic uncertainties could hinder performance, leading to disappointing results.
The print will turn on these.
Q1
What is the EPS for Q1-2026?
The EPS figure will be a key indicator of profitability and could significantly influence investor sentiment.
Q2
How is TXN addressing supply chain challenges?
Understanding management's approach to supply chain issues will be critical for assessing future revenue growth and operational efficiency.
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Est. EPS
—
Est. Rev
—
Impl. Move
—
Why consensus could be wrong
The Street may underestimate TXN's ability to capitalize on the growing demand for semiconductors in the automotive sector, which could drive better-than-expected results.
Supporting evidence
TXN has a strong track record of beating EPS estimates, with an 88% beat rate over the last eight quarters.
The options market is pricing in a larger move than historical averages, suggesting heightened expectations.
Recent trends in semiconductor demand indicate a rebound that TXN may benefit from.
Key risk
If TXN reports an EPS significantly above $1.35, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
The market is weighing TXN's ability to navigate economic headwinds and deliver solid earnings amidst uncertainty.
Bull confirmed if
An EPS of $1.35 or higher would confirm the bull case, indicating strong profitability.
Bear confirmed if
An EPS below $1.10 would support the bear case, suggesting ongoing challenges.
What the market is pricing for the move.
Implied Move
±4.2%
Historical Avg
±1.2%
The options market is pricing in a significant move of about 4.2%, indicating that traders expect volatility around the earnings announcement.
Options are pricing ±4.2% while TXN has averaged ±1.2% over the last 8 prints — setup is pricing rich.
30d HV
33.0%
Smart-money positioning from the most recent 13F filings.
Institutional
91.66%
of float
Insider
0.28%
of float
Holders
3,651
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
82,555,483 sh · $23.9B
9.04%
1.3%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If TXN beats expectations, history suggests the stock could rise by about 0.43%, confirming a positive outlook.
In line / cautious
An in-line report may lead to muted reactions, with investors focusing on management's commentary for future guidance.
Miss
If the company misses expectations, history suggests a potential decline of about 0.02%, reflecting investor disappointment.
The lines on the call that would change the story.
Vanguard Capital Management LLC
59,441,598 sh · $17.2B
6.51%
0.8%
State Street Corporation
44,453,341 sh · $12.8B
4.87%
3.2%
Invesco Ltd.
37,777,410 sh · $10.9B
4.14%
1.4%
JPMORGAN CHASE & CO
32,449,245 sh · $9.4B
3.55%
-15.5%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.