NXP Semiconductors (NASDAQ:NXPI) Given New $260.00 Price Target at Evercore ISI

NXP Semiconductors (NASDAQ:NXPIGet Free Report) had its price target cut by equities research analysts at Evercore ISI from $292.00 to $260.00 in a research note issued on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the semiconductor provider’s stock. Evercore ISI’s price objective would indicate a potential upside of 19.11% from the company’s current price.

Several other brokerages also recently issued reports on NXPI. JPMorgan Chase & Co. raised their price objective on shares of NXP Semiconductors from $245.00 to $250.00 and gave the stock a “neutral” rating in a research report on Wednesday. Truist Financial dropped their price target on NXP Semiconductors from $265.00 to $255.00 and set a “buy” rating for the company in a report on Tuesday. Citigroup lowered their price objective on NXP Semiconductors from $285.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of NXP Semiconductors in a research note on Thursday, January 22nd. Finally, KeyCorp boosted their price objective on shares of NXP Semiconductors from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average target price of $255.61.

View Our Latest Analysis on NXP Semiconductors

NXP Semiconductors Trading Down 1.1%

Shares of NASDAQ:NXPI opened at $218.29 on Wednesday. The company has a 50-day simple moving average of $226.97 and a 200 day simple moving average of $221.26. The company has a market capitalization of $54.94 billion, a P/E ratio of 27.49, a price-to-earnings-growth ratio of 2.89 and a beta of 1.47. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.69 and a current ratio of 2.37. NXP Semiconductors has a 52-week low of $148.09 and a 52-week high of $255.45.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last posted its quarterly earnings results on Monday, February 2nd. The semiconductor provider reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.04. The business had revenue of $3.34 billion for the quarter, compared to analysts’ expectations of $3.30 billion. NXP Semiconductors had a return on equity of 27.00% and a net margin of 16.47%.The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.18 EPS. NXP Semiconductors has set its Q1 2026 guidance at 2.770-3.170 EPS. Sell-side analysts forecast that NXP Semiconductors will post 10.28 earnings per share for the current year.

Insider Activity at NXP Semiconductors

In other news, insider Julie Southern acquired 225 shares of the stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average cost of $225.48 per share, for a total transaction of $50,733.00. Following the completion of the transaction, the insider directly owned 11,937 shares in the company, valued at approximately $2,691,554.76. This trade represents a 1.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christopher L. Jensen sold 2,300 shares of NXP Semiconductors stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $228.17, for a total value of $524,791.00. Following the completion of the transaction, the executive vice president owned 9,965 shares in the company, valued at approximately $2,273,714.05. The trade was a 18.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NXP Semiconductors

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Transcend Capital Advisors LLC increased its holdings in shares of NXP Semiconductors by 2.8% during the second quarter. Transcend Capital Advisors LLC now owns 1,824 shares of the semiconductor provider’s stock worth $399,000 after buying an additional 50 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in NXP Semiconductors by 0.6% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,426 shares of the semiconductor provider’s stock valued at $1,829,000 after purchasing an additional 50 shares during the last quarter. Rovin Capital UT ADV grew its holdings in shares of NXP Semiconductors by 1.5% during the third quarter. Rovin Capital UT ADV now owns 3,573 shares of the semiconductor provider’s stock worth $814,000 after purchasing an additional 52 shares during the last quarter. IHT Wealth Management LLC raised its holdings in NXP Semiconductors by 4.6% in the 2nd quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock valued at $261,000 after buying an additional 52 shares during the last quarter. Finally, Washington Capital Management Inc. boosted its position in NXP Semiconductors by 1.8% during the 4th quarter. Washington Capital Management Inc. now owns 3,035 shares of the semiconductor provider’s stock worth $659,000 after buying an additional 55 shares during the period. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors News Summary

Here are the key news stories impacting NXP Semiconductors this week:

NXP Semiconductors Company Profile

(Get Free Report)

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.

Further Reading

Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.