TXN
Texas Instruments Incorporated Technology - Semiconductors Investor Relations →
Texas Instruments Incorporated (TXN) closed at $221.44 as of 2026-02-02, trading 32.0% above its 200-week moving average of $167.78. The stock moved further from the line this week, up from 27.9% last week. With a 14-week RSI of 90, TXN is in overbought territory.
Over the past 2753 weeks of data, TXN has crossed below its 200-week moving average 35 times. On average, these episodes lasted 24 weeks. Historically, investors who bought TXN at the start of these episodes saw an average one-year return of +18.1%.
With a market cap of $201.2 billion, TXN is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 30.1%, indicating strong profitability. The stock trades at 12.3x book value.
Over the past 33.2 years, a hypothetical investment of $100 in TXN would have grown to $11456, compared to $2849 for the S&P 500. That represents an annualized return of 15.4% vs 10.6% for the index — confirming TXN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -38% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: TXN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After TXN Crosses Below the Line?
Across 15 historical episodes, buying TXN when it crossed below its 200-week moving average produced an average return of +10.0% after 12 months (median +18.0%), compared to +4.5% for the S&P 500 over the same periods. 55% of those episodes were profitable after one year. After 24 months, the average return was +1.8% vs +11.4% for the index.
Each line shows $100 invested at the moment TXN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
TXN has crossed below its 200-week MA 35 times with an average 1-year return of +18.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 1973 | Jul 1973 | 2 | 4.6% | +10.3% | +30216.8% |
| Apr 1974 | Apr 1974 | 1 | 1.2% | +1.9% | +27395.6% |
| Jun 1974 | Mar 1975 | 37 | 36.0% | +18.8% | +27955.2% |
| Sep 1975 | Sep 1975 | 1 | 5.0% | +30.0% | +29360.0% |
| Dec 1976 | Jun 1979 | 130 | 30.3% | -24.6% | +25732.7% |
| Jul 1979 | Jul 1979 | 3 | 4.0% | +19.2% | +27962.7% |
| Dec 1979 | Jan 1980 | 1 | 1.2% | +47.1% | +27655.0% |
| Mar 1980 | Apr 1980 | 5 | 4.7% | +39.8% | +27819.4% |
| May 1980 | May 1980 | 1 | 1.3% | +36.8% | +28278.0% |
| Aug 1981 | Jul 1982 | 47 | 18.0% | +0.9% | +25977.4% |
| Jul 1982 | Aug 1982 | 5 | 10.3% | +25.2% | +25095.7% |
| Oct 1983 | Oct 1983 | 1 | 3.1% | +23.7% | +21406.4% |
| Feb 1985 | Feb 1986 | 49 | 21.4% | +16.9% | +19190.9% |
| Jun 1986 | Aug 1986 | 9 | 8.7% | +57.0% | +17483.0% |
| Sep 1986 | Nov 1986 | 11 | 7.4% | +97.5% | +18317.9% |
| Oct 1987 | Oct 1987 | 1 | 2.9% | -0.3% | +16424.3% |
| Nov 1987 | Dec 1987 | 3 | 4.4% | -10.6% | +16677.7% |
| May 1988 | May 1988 | 2 | 2.0% | +3.5% | +15602.3% |
| Jul 1988 | May 1989 | 43 | 18.2% | -9.8% | +15681.7% |
| Jun 1989 | Mar 1991 | 91 | 43.7% | -7.2% | +15331.4% |
| Mar 1991 | Apr 1991 | 2 | 7.8% | -6.6% | +17092.9% |
| Apr 1991 | Feb 1992 | 41 | 27.0% | -9.8% | +16463.2% |
| Mar 1992 | May 1992 | 9 | 7.5% | +72.3% | +18164.7% |
| Jun 1992 | Jun 1992 | 2 | 0.7% | +103.6% | +18135.1% |
| Feb 2001 | Apr 2001 | 7 | 17.2% | -1.9% | +1104.1% |
| May 2001 | Feb 2005 | 193 | 63.3% | -16.1% | +959.3% |
| Apr 2005 | Apr 2005 | 2 | 7.0% | +44.1% | +1471.5% |
| Mar 2008 | Mar 2008 | 3 | 3.6% | -41.4% | +1143.7% |
| Jun 2008 | Apr 2010 | 95 | 50.9% | -24.6% | +1089.3% |
| May 2010 | Sep 2010 | 19 | 9.8% | +44.8% | +1254.3% |
| Aug 2011 | Sep 2011 | 3 | 1.4% | +23.0% | +1222.1% |
| Oct 2023 | Dec 2023 | 8 | 8.7% | +38.5% | +56.4% |
| Apr 2024 | Apr 2024 | 1 | 1.0% | -4.4% | +47.1% |
| Mar 2025 | May 2025 | 5 | 12.7% | N/A | +50.9% |
| Oct 2025 | Nov 2025 | 4 | 4.6% | N/A | +39.3% |
| Average | 24 | — | +18.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02