This month we added the ability to format text fields based off a numeric field: https://powerbi.microsoft.com/en-us/blog/power-bi-desktop-may-2018-feature-summary/#conditionalFormatting
We also are planning on adding a feature that will let you format your text based on comparisons. I’ll update this idea based on our progress on that feature.
Checking with Will Thompson and moving status to backlog
Hi everyone. This is something we’d like to get to in the future but don’t have any plans for at the moment.