“Is Texas Instruments an Undervalued Semiconductor Stock to Buy Right Now? | TXN Stock Analysis”
TXN is a buy with medium conviction; slightly undervalued given forward P/E of 24 and DCF fair value of $252 vs current price of $259.
Texas Instruments will be the latest semiconductor company to implement price increases. Already business is booming and the management team reported 23% growth in revenue up to 5.5 billion in its most recently completed quarter.
Profit margins increased by 300 basis points up to 61% on the gross margin line.