Analyse Texas Instruments stock

Plausibility check:
Yes, the consensus price target of EUR 258.12 is plausible, as it is only around 0.8% above the current price of 256.15 EUR and is therefore clearly within the required ±25% range.

Quantitative:
Texas Instruments is a qualitatively very strong semiconductor company with robust margins, high cash flow stability and a strong balance sheet. The stated P/E ratio of 38.04 seems ambitious at first glance, but can partly be explained by a cyclically depressed profit. Compared to classic peer multiples, the stock appears fair to slightly expensive, but not massively overvalued. Historically, the price ranges bet...