Equity Profile

TXN

Texas Instruments Incorporated

Information TechnologySemiconductors$273.6B

Jul28Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Texas Instruments Incorporated (TXN) is a leading semiconductor company that designs and manufactures a wide range of electronic components. With a market cap of $274 billion, it plays a crucial role in various sectors, including automotive, industrial, and consumer electronics, making it a key player in the ongoing technological advancements such as AI and IoT.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and investors will be keen to see if TXN can continue its trend of beating expectations.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share, particularly in a competitive semiconductor industry.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

TXN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+8.92%

Avg Stock Reaction

+0.39%

Last Quarter Recap

In Q1-2026, Texas Instruments reported an EPS of $1.68, surpassing estimates by 22.45%. The stock reacted positively, gaining 1.36% the following day.

Management Promises & Guidance

Commitment to maintaining strong gross margins.
Focus on expanding into new markets, particularly in automotive and industrial sectors.
Continued investment in R&D to drive innovation in semiconductor technology.

Expectations

Wall Street Expectations

Overall, expectations are mixed as investors await TXN's ability to sustain its recent performance amidst a fluctuating semiconductor market.

Bull Case

The optimistic view hinges on TXN's ability to deliver strong EPS growth and revenue expansion, driven by robust demand in key sectors like automotive and industrial.

Bear Case

Conversely, concerns about potential supply chain disruptions and increased competition could lead to disappointing results, impacting investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a key indicator of profitability, and a strong performance could reinforce investor confidence in TXN's growth trajectory.

How is TXN addressing supply chain challenges?

Given the current semiconductor landscape, insights into supply chain management will be crucial for understanding future performance and stability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating TXN's ability to capitalize on the growing demand for semiconductors in the automotive sector, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

TXN has consistently beaten EPS estimates in recent quarters, indicating strong operational performance.

The options market is pricing a significant move, suggesting that investors are anticipating a more substantial reaction than historical averages would imply.

Key Risk

If TXN reports automotive revenue growth above 15%, it could significantly shift investor sentiment and expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched as it could set the tone for TXN's growth amid ongoing industry challenges.

Bull Confirmed If

A reported EPS growth of over 20% would confirm the bullish sentiment and indicate strong operational performance.

Bear Confirmed If

An EPS below $1.40 would suggest potential challenges in profitability and could lead to a negative market reaction.

Pre-Earnings Positioning

Options Market

Implied Move

±13.78%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings announcement.

Options are pricing ±13.8% while TXN has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

61.3%

Calls (398K)P/C Ratio: 0.63Puts (421K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Semiconductors

n=30

Fade rate: 4 of 9 (44%)

This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If TXN beats expectations and raises guidance, history suggests a positive reaction with an average 1-day move of +0.44%, confirming strong market demand.

In-Line / Cautious

If results come in line with expectations but management provides cautious commentary, the stock may react moderately, reflecting uncertainty in future growth.

Miss

In the case of a miss, history suggests a minimal average 1-day move of +0.02%, but could lead to a more significant downward adjustment in stock price.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$500,001.00–$1.0M

disclosed dollar ranges

Most Active Members

R-OKKevin HernRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on automotive revenue growth and its impact on overall performance.
2Any commentary on supply chain management and how it may affect future production.
3Insights into R&D investments and new product launches.
4Management's outlook on market demand for semiconductors in the coming quarters.
5Details on cost management strategies and their effect on gross margins.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and investors will be keen to see if TXN can continue its trend of beating expectations.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share, particularly in a competitive semiconductor industry.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

TXN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+8.92%

Avg Stock Reaction

+0.39%

Last Quarter Recap

In Q1-2026, Texas Instruments reported an EPS of $1.68, surpassing estimates by 22.45%. The stock reacted positively, gaining 1.36% the following day.

Management Promises & Guidance

Commitment to maintaining strong gross margins.
Focus on expanding into new markets, particularly in automotive and industrial sectors.
Continued investment in R&D to drive innovation in semiconductor technology.

Expectations

Wall Street Expectations

Overall, expectations are mixed as investors await TXN's ability to sustain its recent performance amidst a fluctuating semiconductor market.

Bull Case

The optimistic view hinges on TXN's ability to deliver strong EPS growth and revenue expansion, driven by robust demand in key sectors like automotive and industrial.

Bear Case

Conversely, concerns about potential supply chain disruptions and increased competition could lead to disappointing results, impacting investor sentiment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a key indicator of profitability, and a strong performance could reinforce investor confidence in TXN's growth trajectory.

How is TXN addressing supply chain challenges?

Given the current semiconductor landscape, insights into supply chain management will be crucial for understanding future performance and stability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating TXN's ability to capitalize on the growing demand for semiconductors in the automotive sector, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

TXN has consistently beaten EPS estimates in recent quarters, indicating strong operational performance.

The options market is pricing a significant move, suggesting that investors are anticipating a more substantial reaction than historical averages would imply.

Key Risk

If TXN reports automotive revenue growth above 15%, it could significantly shift investor sentiment and expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched as it could set the tone for TXN's growth amid ongoing industry challenges.

Bull Confirmed If

A reported EPS growth of over 20% would confirm the bullish sentiment and indicate strong operational performance.

Bear Confirmed If

An EPS below $1.40 would suggest potential challenges in profitability and could lead to a negative market reaction.

Pre-Earnings Positioning

Options Market

Implied Move

±13.78%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings announcement.

Options are pricing ±13.8% while TXN has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

61.3%

Calls (398K)P/C Ratio: 0.63Puts (421K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Semiconductors

n=30

Fade rate: 4 of 9 (44%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If TXN beats expectations and raises guidance, history suggests a positive reaction with an average 1-day move of +0.44%, confirming strong market demand.

In-Line / Cautious

If results come in line with expectations but management provides cautious commentary, the stock may react moderately, reflecting uncertainty in future growth.

Miss

In the case of a miss, history suggests a minimal average 1-day move of +0.02%, but could lead to a more significant downward adjustment in stock price.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$500,001.00–$1.0M

disclosed dollar ranges

Most Active Members

R-OKKevin HernRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on automotive revenue growth and its impact on overall performance.
2Any commentary on supply chain management and how it may affect future production.
3Insights into R&D investments and new product launches.
4Management's outlook on market demand for semiconductors in the coming quarters.
5Details on cost management strategies and their effect on gross margins.