StockNews.AI
NXPI
Benzinga
113 days

Top Wall Street Forecasters Revamp NXP Semiconductors Expectations Ahead Of Q1 Earnings

1. NXPI's earnings report is due on April 28, projected at $2.60 per share. 2. Quarterly revenue is expected to drop to $2.83 billion from $3.13 billion. 3. Recent product launch: S32K5 series automotive microcontrollers on March 11. 4. Analysts show mixed ratings with price targets largely reduced. 5. Latest closing price: NXPI shares fell 0.01% to $193.55.

4m saved
Insight
Article

FAQ

Why Bearish?

Earnings expectation declines indicate potential investor concern. Historical declines in projected earnings have previously led to stock drops, as seen in tech sectors during similar downturns.

How important is it?

The upcoming earnings report and analyst revisions directly affect NXPI's stock evaluation. Mixed signals from benchmarking analysts and lowered price targets could heighten uncertainty among investors.

Why Short Term?

Earnings disappointments typically influence stock prices immediately after release. Previous instances of missed earnings predictions have caused immediate drops in stock value for NXPI.

Related Companies

Related News