NXP Semiconductors (NXPI) Tops Q1 EPS by 5c, Offers Guidance

NXP Semiconductors NV (NXPI) PT Raised to $300 at Argus

Argus analyst Jim Kelleher raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $300.00 (from $260.00) while maintaining a Buy rating.

The analyst comments "BUY-rated NXP Semiconductors NV (NYSE: NXPI) increased 4% in a down market on 4/30/24 after the... More

NXP Semiconductors NV (NXPI) PT Raised to $240 at Stifel, 'Demand Dynamics for 2H Uncertain'

Stifel analyst Tore Svanberg raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $240.00 (from $210.00) while maintaining a Hold rating.

The analyst comments "NXPI delivered roughly in-line Mar Q results, with revenues of $3.13bn, in-line with our/ Street estimate of... More

NXP Semiconductors NV (NXPI) PT Raised to $370 at Evercore ISI, 'We Remain Buyers'

Evercore ISI analyst Mark Lipacis raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $370.00 (from $300.00) while maintaining a Outperform rating.

The analyst comments "We Remain Buyers: Blue Chip Auto Play. We launched coverage on NXPI recently with the secular... More

NXP Semiconductors NV (NXPI) PT Raised to $300 at Deutsche Bank

Deutsche Bank analyst Ross Seymore raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $300.00 (from $255.00) while maintaining a Sell rating.

The analyst comments "NXPI delivered yet another solid print/guide, illustrating its early & conservative approach to addressing the ongoing... More

NXP Semiconductors (NXPI) stock jumps on solid Q1 earnings, in-line revenue

(Updated - April 30, 2024 3:57 AM EDT)

Shares of NXP Semiconductors (NASDAQ: NXPI) gained 6% in premarket trading Tuesday after the company posted better-than-expected Q1 earnings per share (EPS) and met expectations for revenue.

In particular, the semiconductor company reported first-quarter EPS of $3.24, surpassing the consensus estimates of $3.19.

Revenue was reported at $3.13 billion for the quarter, in line with analyst estimates.

NXP reported non-GAAP gross and operating margins of 58.2% and 34.5%, respectively.

For the second quarter of 2024, NXP forecasts EPS to be between $2.36 and $2.77,... More