Quick Takeaways:
- NXP Semiconductors (NXPI, Financial) is set to announce Q2 earnings, with a forecasted EPS of $2.66 and revenue of $2.9 billion.
- Analyst consensus rates NXPI as "Outperform," with an average price target suggesting a potential upside.
- The GF Value estimate suggests a downside from the current trading price, offering a different perspective.
Anticipated Earnings Announcement for NXP Semiconductors
NXP Semiconductors (NXPI) is on the brink of releasing its second-quarter earnings on July 21, after the market's closure. Analysts are projecting an earnings per share (EPS) of $2.66, which signifies a 16.9% drop compared to the previous year's performance. Concurrently, revenue is anticipated to reach $2.9 billion, marking a 7.3% decrease. Despite mixed revision forecasts, NXP Semiconductors has a commendable history of outperforming estimates.
Wall Street Analysts' Insights
According to projections from 29 financial analysts, the average one-year price target for NXP Semiconductors NV (NXPI, Financial) stands at $247.15. These estimates range from a high of $278.34 to a low of $185.00. The average target price suggests a potential upside of 9.41% from the current market price of $225.90. For more in-depth estimate details, visit the NXP Semiconductors NV (NXPI) Forecast page.
Moreover, the consensus from 32 brokerage firms positions NXP Semiconductors NV (NXPI, Financial) with an average recommendation of 2.0, indicating an "Outperform" status. This rating scale spans from 1, denoting a Strong Buy, to 5, which indicates Sell.
Evaluating GF Value Estimates
According to GuruFocus projections, the GF Value for NXP Semiconductors NV (NXPI, Financial) is pegged at $202.76 for the next year. This suggests a potential downside of 10.24% from the current trading price of $225.9. The GF Value is a proprietary measure by GuruFocus, estimating the stock's fair trading value based on historical trading multiples, previous business growth rates, and future business performance estimates. For further detailed data, you can explore the NXP Semiconductors NV (NXPI) Summary page.
