BofA lowered the firm’s price target on NXP Semiconductors (NXPI) to $255 from $270 and keeps a Buy rating on the shares. NXP is “operating in a steadier phase of growth” as the core Auto business is shipping to natural demand while macro headwinds are keeping a lid on restocking tailwinds, leading to more conservative Q1 view that is in-line with pre-COVID seasonality, the analyst tells investors. The firm lowered its calendar year 2026 and 2027 pro-forma EPS estimates by 5% and 4%, respectively, but still sees “decent” 17% and 13% EPS growth in the respective years, the analyst added.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXPI:
- NXP Semiconductors price target raised to $245 from $240 at JPMorgan
- NXP Semiconductors unveils EIS capable battery management chipset
- NXP Semiconductors Reports Q3 2025 Financial Results
- NXP Semiconductors: Buy Rating Affirmed Amid Cyclical Improvements and Long-Term Growth Potential
- NXP Semiconductors’ Earnings Call: Mixed Results and Optimistic Outlook