Weekly Recap: Q1 revenue +18.6% beat and UBS raises target to $350

Texas Instruments (NASDAQ:TXN) posted stronger-than-expected Q1 results—revenue $4.83B, up 18.6% YoY, beating estimates and sending the stock toward the high $200s with a ~20–26% jump—prompting UBS to keep a Buy and lift its price target to $350 from $295.

Previous Week Recap

• Texas Instruments Revenue Beats Estimates: Texas Instruments (TXN) Q1 revenue $4.83B, up 18.6% YoY. Beat revenue, EPS and operating income estimates. Stock jumped ~20–26%, trading near high $200s (~$285–$298).
• UBS Raises TXN Price Target: UBS maintained a Buy rating on Texas Instruments Incorporated (TXN) and raised its price target for the stock to $350 per share from $295, with this change reported at 16:55 GMT.

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