NXP Semiconductors (NASDAQ:NXPI) Stock Gets Price Target Cut from KeyCorp

NXP Semiconductors (NASDAQ:NXPI) had its price target cut by KeyCorp from $345.00 to $330.00 in a research note published on Wednesday, MarketBeat Ratings reports. They currently have an overweight rating on the semiconductor provider’s stock.

Several other brokerages have also commented on NXPI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NXP Semiconductors in a research report on Friday, July 31st. Mizuho dropped their target price on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 29th. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of NXP Semiconductors in a research note on Wednesday. Jefferies Financial Group decreased their price target on shares of NXP Semiconductors from $370.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Wall Street Zen downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $295.78.

NXP Semiconductors Stock Down 2.4%

Shares of NASDAQ NXPI opened at $259.61 on Wednesday. NXP Semiconductors has a 52-week low of $183.00 and a 52-week high of $339.95. The firm has a market capitalization of $65.43 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 0.90 and a beta of 1.80. The stock has a 50 day moving average price of $232.97 and a 200 day moving average price of $246.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.36 and a current ratio of 2.12.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Tuesday, October 27th. The semiconductor provider reported $4.20 EPS for the quarter, beating the consensus estimate of $4.12 by $0.08. NXP Semiconductors had a return on equity of 28.57% and a net margin of 23.40%. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter last year, the firm posted $3.11 earnings per share. The business’s revenue for the quarter was up 19.3% on a year-over-year basis. Sell-side analysts expect that NXP Semiconductors will post 13.80 earnings per share for the current year.

NXP Semiconductors declared that its Board of Directors has approved a share repurchase plan on Tuesday, October 27th that permits the company to repurchase $5 billion in shares. This buyback authorization permits the semiconductor provider to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 16th were paid a dividend of $1.0140 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.06 annualized dividend and a yield of 1.6%. NXP Semiconductors’s dividend payout ratio is presently 34.64%.

Insider Buying and Selling

In other news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total transaction of $226,040.00. Following the completion of the sale, the executive vice president owned 7,942 shares in the company, valued at approximately $1,795,209.68. The trade was a 11.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 3,355 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the transaction, the executive vice president owned 288 shares of the company’s stock, valued at approximately $69,120. The trade was a 92.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NXPI. Allied Private Wealth LLC bought a new stake in shares of NXP Semiconductors during the 2nd quarter worth $28,000. Bell Investment Advisors Inc acquired a new stake in shares of NXP Semiconductors during the second quarter worth $29,000. Fiduciary Financial Advisors acquired a new stake in shares of NXP Semiconductors during the second quarter worth $28,000. Fortitude Family Office LLC acquired a new stake in shares of NXP Semiconductors during the third quarter worth $26,000. Finally, Balance Wealth Partners LLC purchased a new stake in shares of NXP Semiconductors during the third quarter valued at $29,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Key NXP Semiconductors News

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

• Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
• Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
• Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
• Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
• Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.