The Latest Breaking News from NXP Semiconductors

Semiconductor stocks still face headwinds in the second half of 2022 with supply chain bottlenecks and inflation impacting consumer demand.

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 9.72% on an annualized basis producing an average annual return of 20.39%. Currently, NXP Semiconductors has a market capitalization of $38.87 billion.

NXP Semiconductors (NXPI) saw its shares get crushed despite reporting strong top-line and bottom-line growth in the last reported quarter. While several analysts recently lowered their price target on the stock, given increased chip demands across industries, can the stock maintain its market standing? Let’s find out.

Over the past 3 months, 11 analysts have published their opinion on NXP Semiconductors (NASDAQ:NXPI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 12.33% on an annualized basis producing an average annual return of 23.08%. Currently, NXP Semiconductors has a market capitalization of $44.17 billion.

Over the past 3 months, 9 analysts have published their opinion on NXP Semiconductors (NASDAQ:NXPI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Shares of NXP Semiconductors NV (NASDAQ: NXPI) jumped on speculations of a takeover bid from Samsung.

Samsung reportedly is eyeing an acquisition of NXP Semiconductors to increase its exposure to the automotive chip market.

Monday marks the last chance for investors to receive the next dividend payout from NXP Semiconductors (NASDAQ:NXPI).

According to Benzinga Pro, during Q1, NXP Semiconductors (NASDAQ:NXPI) earned $666.00 million, a 9.18% increase from the preceding quarter. NXP Semiconductors also posted a total of $3.14 billion in sales, a 3.19% increase since Q4.

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 10.49% on an annualized basis producing an average annual return of 22.61%. Currently, NXP Semiconductors has a market capitalization of $48.59 billion.