Is Most-Watched Stock Texas Instruments Incorporated (TXN) Worth Betting on Now?

Core Viewpoint - Texas Instruments (TXN) has shown strong stock performance recently, with a return of +7.1% over the past month, outperforming the S&P 500 composite's -0.4% change and the Zacks Semiconductor - General industry’s -0.1% change, indicating potential positive momentum for the stock in the near term [2]. Earnings Estimates - For the current quarter, Texas Instruments is expected to report earnings of $1.29 per share, reflecting a decrease of -0.8% from the same quarter last year, while the Zacks Consensus Estimate has increased by +0.8% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $5.46, indicating a growth of +5% year-over-year, with a +0.9% increase in estimates over the past month [5]. - For the next fiscal year, the consensus estimate is $6.02, representing a growth of +10.2% compared to the previous year, with a +0.8% change in estimates over the past month [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $4.43 billion, indicating a year-over-year increase of +10.6%. For the current and next fiscal years, the sales estimates are $17.68 billion and $18.93 billion, reflecting growth rates of +13.1% and +7%, respectively [11]. Last Reported Results - Texas Instruments reported revenues of $4.74 billion in the last quarter, a year-over-year increase of +14.2%. The EPS for the same period was $1.48, slightly up from $1.47 a year ago. The reported revenues exceeded the Zacks Consensus Estimate of $4.65 billion by +2.06%, and the EPS surprise was +0.68% [12][13]. Valuation - Texas Instruments has a Zacks Value Style Score of D, indicating that it is trading at a premium compared to its peers, suggesting that the stock may be overvalued [17].