Texas Instruments Jumps on 3.2x Volume Spike After Earnings Beat
TXN volume jumped to 3.2x average after a 9.5% EPS beat, but a 99% debt ratio and a 10-year yield near 5.00% are worth watching on this semiconductor name.
signal:TXN:2026-09-18 Texas Instruments Jumps on 3.2x Volume Spike After Earnings Beat
Texas Instruments (TXN) trading volume surged to 3.2x its 20-day average in the days following a second-quarter earnings beat, with EPS landing at $2.14 versus a $1.9543 estimate — a 9.5% surprise — pointing to a market that is actively repricing the chipmaker's earnings trajectory rather than simply chasing momentum. With shares carrying a 0.93 PEG ratio despite trading at roughly 25x forward earnings, the setup reads as a case where growth expectations may still be catching up to the reported numbers.
Supporting metrics reinforce the picture: a 39.7% return on equity and an EV/EBITDA multiple of 25.5x suggest the market is paying up for a business generating outsized returns on its capital base, while a quality score of 0.71 and a price score of 0.83 (both on a 0-1 scale) frame this as a name with above-average fundamentals trading at a reasonable entry relative to its own signal criteria.
Key Facts
| Stock name | TXN |
|---|---|
| Ticker | TXN |
| Market | NASDAQ |
| Sector | Unclassified |
| Volume (x average) | 3.2x |
| Signal price | $266.64 |
Texas Instruments designs, manufactures, and sells semiconductors to electronics designers and manufacturers across the United States, China, the rest of Asia, Europe, the Middle East, Africa, and Japan. The company operates through two segments, Analog and Embedded Processing, with the Analog business offering power-management products such as battery-management solutions, DC/DC switching regulators, and voltage references, alongside signal-chain products that sense, condition, and measure real-world signals for further processing.
Recent Analyst Coverage
External analyst opinions (not investment advice): (2026-09-01)
| Strong Buy | 7 |
|---|---|
| Buy | 14 |
| Hold | 19 |
| Sell | 2 |
| Strong Sell | 1 |
Peer Companies
NVDA, AVGO, MU, AMD, INTC
Risk Factors
Texas Instruments carries a debt ratio of 99%, a meaningfully leveraged balance sheet for a capital-intensive semiconductor manufacturer that continues to invest heavily in fabrication capacity. That leverage becomes more consequential in the current environment, where the 10-year Treasury yield has climbed to 5.00%, up 0.30 percentage points over the past month, raising the cost of servicing and refinancing debt going forward.
Valuation is also not undemanding: at roughly 25x forward earnings and an EV/EBITDA multiple of 25.5x, a meaningful share of the earnings improvement already appears priced in, leaving less room for error if upcoming quarters fail to sustain the current beat-and-raise pattern. Available reporting has not surfaced a company-specific catalyst behind the volume spike beyond broader investor interest in dividend-paying, cash-generative technology names as rates stabilize near 5%, meaning the move could partly reflect sector rotation rather than a TXN-specific development — a distinction worth confirming before drawing conclusions. The VIX at 14.8 signals a calm overall backdrop, but calm broad-market conditions can mask idiosyncratic swings in individual names following outsized volume events.
Recent Disclosures
Recent News
- 2026-09-18 What Needs To Be True To Buy Qualcomm Stock Now?
- 2026-09-18 5 Stocks, 5 Different Industries, 1 Thing in Common: Reliable Income
- 2026-09-18 The Hidden Winners Inside SCHD - September 2026
Earnings Trend
| Fiscal Year | Revenue | Net Income |
|---|---|---|
| 2023 | $17,519M | $6,510M |
| 2024 | $15,641M | $4,799M |
| 2025 | $17,682M | $5,001M |
Pre-Trade Checklist
| Business & competitive edge understood | ✅ Company profile summarized above |
|---|---|
| Leading sector | ⚠️ Not flagged as a leading sector |
| Good news already priced in? | ✅ 추정PER 25.0배 (실적개선 기대) |
| Stop-loss / take-profit set | ✅ Stop-loss -10% / first take-profit +20% set in advance |
| Exit plan if wrong | ✅ 10% trailing stop from peak; setup auto-invalidated on a break below key support |
Trade Levels
| Signal price | $266.64 |
|---|---|
| Stop-loss | $239.98 (-10% from signal price) |
| First take-profit | $319.97 (+20% from signal price) |
| Trailing stop | 10% from peak |
| Invalidation | Close back below key support ($265.92) |
Texas Instruments is worth keeping on the watchlist following this volume-driven move, with the signal price at $266.64 offering a reference point: a push toward the $319.97 first take-profit level (+20%) would confirm the thesis is playing out, while a decline to the $239.98 stop-loss (-10%) would signal it has failed, and a trailing stop can help lock in gains if the rally extends beyond the initial target.