Truist on NXP Semiconductors NV (NXPI): 'Bottom line: Good results & outlook, but CEO transition will raise eyebrows'

Go back to Truist on NXP Semiconductors NV (NXPI): 'Bottom line: Good results & outlook, but CEO transition will raise eyebrows'

Selloff in this U.S. chip stock 'overdone' says BofA

May 1, 2025 4:00 PM EDT

Bank of America is standing by its Buy rating on one semiconductor stock, saying the recent 7% share price drop is overdone and that the chipmakers long-term outlook remains intact despite geopolitical and executive leadership uncertainties.

NXP Semiconductors (NASDAQ: NXPI) is the stock in question. BofA reiterated its $215 price target on NXP, which currently trades above the $184 mark.

The firm made only minor tweaks to its earnings forecasts,... More

NXP Semiconductors NV (NXPI) PT Lowered to $230 at Truist Securities

April 29, 2025 2:45 PM EDT

Truist Securities analyst William S. Stein lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $230.00 (from $258.00) while maintaining a Buy rating.

The analyst comments "CEO departure & mixed tariff-vs-cycle dynamics drive stock vol, but we see NXP's fundamentals as intact.... More