NXP Semiconductors Sees Upside to Q4 Estimates, Oppenheimer Says

MT Newswires Live
5 hours ago

NXP Semiconductors (NXPI) is expected to report Q4 financial results with upside to consensus estimates, Oppenheimer said.

The brokerage highlighted growing backlog, improving channel inventory and demand for high-content products in electric and premium vehicles as positive indicators for the quarter.

Oppenheimer said in a Monday note that it expects Q4 revenue and earnings per share to beat the consensus of $3.3 billion and $3.30. The brokerage also sees Q1 estimates of $3.1 billion and $2.93 as achievable.

The investment firm raised its 2025 EPS estimate to $11.77 from $11.76 and maintained its calendar 2026 and 2027 EPS estimates at $14.06 and $16.96. Free cash flow in calendar 2026 is projected at $4 billion. However, modest margin compression is expected in Q1 due to annual price negotiations.

The company is positioned for growth and auto and industrial segments are driving momentum. Memory shortages are not expected to affect the order book but could pose a broader market drag this year, according to the note.

NXP is scheduled to report its Q4 results on Monday.

Oppenheimer maintained its outperform rating and $250 price target.

Price: 231.40, Change: +0.34, Percent Change: +0.15

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