The chip maker's shares have been downgraded by Bernstein analyst Stacy Rasgon. The price is a problem.
Texas Instruments caught a Sell rating from a Wall Street analyst on Wednesday as the semiconductor company embarks on a “massive” long-term investment cycle.
Shares of Texas Instruments, which designs and manufactures semiconductors, were down 2% to $167.28 in premarket trading. The stock looks even more expensive if one considers Rasgon’s estimates for gross margin, which show the metric heading toward 60% or lower from 2025 to 2030. Consensus for gross margin is between 63% to 65% from 2025 to 2028, according to FactSet. The company delivered 68.8% in 2022. .
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock Market Today: Dow, Nasdaq Close Higher; 3M Stock RisesLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Baca lebih lajut »
Get behind the wheel of a stock car at Texas Motor SpeedwayFOX 4's Brandon Todd got a chance to live out a childhood dream when he took a racecar for a ride thanks to Team Texas High Performance Driving School in Justin.
Baca lebih lajut »
Texas coach Steve Sarkisian responds to Big 12 commissioner's comments, challenge to Texas TechTexas coach Steve Sarkisian isn't taking Big 12 commissioner Brett Yormark's comments too seriously.
Baca lebih lajut »
Texas coach Steve Sarkisian responds to Big 12 commissioner's comments, challenge to Texas TechTexas coach Steve Sarkisian isn't taking Big 12 commissioner Brett Yormark's comments too seriously.
Baca lebih lajut »
NASA releases first images from new pollution mapping instrumentsNASA unveiled its first images taken with new pollution mapping instruments.
Baca lebih lajut »
The TikTok-Famous Ninja Creami Ice Cream Maker Is Back in Stock NowThe Ninja Creami Deluxe is finally back in stock. Here's where to grab the viral countertop appliance before it's too late.
Baca lebih lajut »