NXP Semiconductors (NXPI) Tops Q3 EPS by 2c, Offers Q4 EPS Guidance

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NXP Semiconductors NV (NXPI) PT Lowered to $200 at Citi

November 6, 2024 7:20 AM EST

Citi analyst Christopher Danely lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $200.00 (from $220.00) while maintaining a Sell rating.

The analyst comments "Yesterday, NXPI reported good results but lower guidance as the correction we expected in the Auto end... More

NXP Semiconductors NV (NXPI) PT Lowered to $235 at Morgan Stanley

November 5, 2024 4:06 PM EST

Morgan Stanley analyst Joseph Moore lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $235.00 (from $250.00) while maintaining a Equalweight rating.

The analyst comments "Thoughts on the stock: NXP has executed on what is in the companys control as gross margins have tracked at... More

NXP Semiconductors NV (NXPI) PT Lowered to $290 at Wolfe Research

November 5, 2024 4:04 PM EST

Wolfe Research analyst Chris Caso lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $290.00 (from $315.00) while maintaining a Outperform rating.

The analyst comments "Maintain Outperform rating; reducing price target to $290. Our $290 PT is based on ~16x our CY25 bull case... More

NXP Semiconductors NV (NXPI) PT Lowered to $260 at JPMorgan

November 5, 2024 3:35 PM EST

JPMorgan analyst Harlan Sur lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $260.00 (from $280.00) while maintaining a Neutral rating.

The analyst comments "NXP reported in-line revenues for the Sep-Qtr driven by better-than-expect demand in communications infrastructure, mobile, and automotive offset by weakness in the industrial and IoT end markets. The team continues to see a weak demand environment in industrial and IoT persist into the Dec-Qtr combined with a broadening of weakness in the automotive end market. As a result, the Dec-Qtr rev guidance is down... More

NXP Semiconductors NV (NXPI) PT Lowered to $255 at BofA Securities

November 5, 2024 3:22 PM EST

BofA Securities analyst Vivek Arya lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $255.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "Inline Q3, but weak Q4 and soft Q1 outlook, inline with softer ex-China trends seen at almost every... More

NXP Semiconductors NV (NXPI) PT Lowered to $280 at Barclays

November 5, 2024 3:19 PM EST

Barclays analyst Blayne Curtis lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $280.00 (from $330.00) while maintaining a Overweight rating.

The analyst comments "Management sang a familiar tune to TXN, calling out China as the lone bright spot in Autos, pointing to... More

NXP Semiconductors NV (NXPI) PT Lowered to $231 at Stifel

November 5, 2024 3:19 PM EST

Stifel analyst Tore Svanberg lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $231.00 (from $260.00) while maintaining a Hold rating.

The analyst comments "In-Line Sep Q revenue of $3.25bn (+3.9% q/q), with non-GAAP (NG) EPS at $3.45 (+$0.03 higher than our estimate), led by Comms.... More

NXP Semiconductors NV (NXPI) PT Lowered to $300 at Jefferies

November 5, 2024 2:58 PM EST

Jefferies analyst Blayne Curtis lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $300.00 (from $325.00) while maintaining a Buy rating.

The analyst comments "Seeing similar Auto/Industrial headwinds as the rest of the Analog group, as Europe/NA trending worse and... More

NXP Semiconductors NV (NXPI) PT Lowered to $285 at Deutsche Bank

November 5, 2024 1:32 PM EST

Deutsche Bank analyst Ross Seymore lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $285.00 (from $300.00) while maintaining a Buy rating.

The analyst comments "For the second consecutive quarter, NXPI delivered on its guidance (3Q revs of $3.25b) but provided a softer outlook (in this instance for both 4Q at down ~-4% q/q and 1Q at down HSD q/q) as both its Automotive and Industrial... More