NXP Semiconductors N.V.
- Growing?
- Yes: revenue up 19% on a year earlier (quarter ended Sep 2026); earnings per share up 57% over the last four quarters.
- Expensive?
- About usual: 21.0× trailing earnings; its five-year median is 21.9×. In line with the peer median of 21x.
- Analysts?
- 70% of 30 say buy; average 12-month target $300, 12% above today's price.
- Risky?
- Much swingier than most large companies: its price swung 50% over the past year (the S&P 500's 14%), and it fell as much as 47% since Nov 2021.
NXP Semiconductors N.V. designs and sells embedded processing, secure connectivity, and analog/mixed-signal semiconductors used primarily in Automotive, Industrial & IoT, Mobile, and Communication Infrastructure end markets, monetizing through sales of chips and related software/tools to OEMs and tier suppliers.
More about NXP Semiconductors
Its portfolio includes families such as i.MX application processors, MCX/Kinetis microcontrollers, S32 automotive processing, and EdgeLock® security solutions.
Market Position
NXP positions as a system-solutions supplier focused on secure, connected edge use cases (notably automotive electronics and industrial embedded), differentiated by long product lifecycles, automotive-grade quality/reliability, and deep customer integration across hardware, software enablement, and reference designs.
Key Segments
NXP reports around four primary end-market groupings: Automotive, Industrial & IoT, Mobile, and Communication Infrastructure.
How has the stock done?
Over the past month NXPI rose 18.7%; the semiconductor ETF (SMH) fell 15.1% and the S&P 500 fell 2.7%.
Over the past six months NXPI fell 9.2%; the semiconductor ETF (SMH) fell 10.6% and the S&P 500 rose 2.6%.
Over the past year NXPI rose 31.0%; the semiconductor ETF (SMH) rose 41.1% and the S&P 500 rose 10.8%.
Over five years NXPI rose 22.7%; the semiconductor ETF (SMH) rose 233.3% and the S&P 500 rose 62.0%.
From Jul 16, 2024 to Apr 8, 2025, the deepest drop from a high since Nov 2021
How much the price swings in a year; the S&P 500's was 14%
When the S&P 500 moves 1%, the stock has moved about 1.8% the same way
Show the earnings releases
| Released | Quarter | Revenue | EPS vs estimate | Stock, day after | 5 days after |
|---|---|---|---|---|---|
| Oct 27, 2026 | ended Sep 2026 | $3.8B (+19% vs a year earlier) | $4.20 vs $4.12 (beat) | +2.4% | +6.9% |
| Jul 28, 2026 | ended Jun 2026 | $3.5B (+19% vs a year earlier) | $3.61 vs $3.53 (beat) | −10.0% | −11.2% |
| Apr 28, 2026 | ended Mar 2026 | $3.2B (+12% vs a year earlier) | $3.05 vs $2.98 (beat) | +22.1% | +23.4% |
| Feb 3, 2026 | ended Dec 2025 | $3.3B (+7% vs a year earlier) | $3.35 vs $3.31 (beat) | −1.8% | +2.4% |
| Oct 28, 2025 | ended Sep 2025 | $3.2B (−2% vs a year earlier) | — | −7.6% | −7.7% |
| Jul 22, 2025 | ended Jun 2025 | $2.9B (−6% vs a year earlier) | — | −1.6% | −0.7% |
| Apr 28, 2025 | ended Mar 2025 | $2.8B (−9% vs a year earlier) | — | −5.6% | −4.4% |
| Feb 4, 2025 | ended Dec 2024 | $3.1B (−9% vs a year earlier) | — | +4.2% | +3.0% |
| Nov 5, 2024 | ended Sep 2024 | $3.2B (−5% vs a year earlier) | — | −2.3% | −5.1% |
| Jul 23, 2024 | ended Jun 2024 | $3.1B (−5% vs a year earlier) | — | −10.4% | −11.3% |
| Apr 30, 2024 | ended Mar 2024 | $3.1B (0% vs a year earlier) | — | +0.9% | +4.7% |
| Feb 6, 2024 | ended Dec 2023 | $3.4B (+3% vs a year earlier) | — | +0.2% | +5.0% |
| Nov 7, 2023 | ended Sep 2023 | $3.4B (0% vs a year earlier) | — | +0.3% | +6.6% |
| Jul 25, 2023 | ended Jun 2023 | $3.3B (0% vs a year earlier) | — | +3.6% | +6.0% |
| May 2, 2023 | ended Mar 2023 | $3.1B (0% vs a year earlier) | — | +0.9% | −0.6% |
| Jan 31, 2023 | ended Dec 2022 | $3.3B (+9% vs a year earlier) | — | +8.1% | +7.7% |
| Nov 1, 2022 | ended Sep 2022 | $3.4B (+20% vs a year earlier) | — | +1.7% | +11.7% |
| Jul 26, 2022 | ended Jun 2022 | $3.3B (+28% vs a year earlier) | — | +4.2% | +3.6% |
| May 3, 2022 | ended Mar 2022 | $3.1B (+22% vs a year earlier) | — | +5.0% | +0.8% |
| Feb 1, 2022 | ended Dec 2021 | $3.0B (+21% vs a year earlier) | — | +2.4% | −1.4% |
Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.
Is the business growing?
Revenue was $3.8B in the quarter ended Sep 2026, up 19% from a year earlier.
Show the data
| Quarter ended | Revenue | vs a year earlier |
|---|---|---|
| Dec 2022 | $3.3B | +9% |
| Mar 2023 | $3.1B | 0% |
| Jun 2023 | $3.3B | 0% |
| Sep 2023 | $3.4B | 0% |
| Dec 2023 | $3.4B | +3% |
| Mar 2024 | $3.1B | 0% |
| Jun 2024 | $3.1B | −5% |
| Sep 2024 | $3.2B | −5% |
| Dec 2024 | $3.1B | −9% |
| Mar 2025 | $2.8B | −9% |
| Jun 2025 | $2.9B | −6% |
| Sep 2025 | $3.2B | −2% |
| Dec 2025 | $3.3B | +7% |
| Mar 2026 | $3.2B | +12% |
| Jun 2026 | $3.5B | +19% |
| Sep 2026 | $3.8B | +19% |
Revenue went from $13.2B in FY22 to $12.3B in FY25; net income from $2.8B to $2.0B.
Show the data
| Fiscal year | Revenue | Net income |
|---|---|---|
| FY22 | $13.2B | $2.8B |
| FY23 | $13.3B | $2.8B |
| FY24 | $12.6B | $2.5B |
| FY25 | $12.3B | $2.0B |
In the fiscal year to Dec 2025, United States was 26% and Germany was 19% of revenue; China rose from 13% in the fiscal year to Dec 2023.
Show the data
| Fiscal year | Part | Revenue | Share |
|---|---|---|---|
| FY2023 | United States | $3.3B | 25% |
| FY2023 | Germany | $2.9B | 22% |
| FY2023 | China | $1.8B | 13% |
| FY2023 | Other countries | $1.4B | 11% |
| FY2023 | Japan | $1.2B | 9% |
| FY2023 | Other | $2.7B | 21% |
| FY2024 | United States | $3.3B | 26% |
| FY2024 | Germany | $2.4B | 19% |
| FY2024 | China | $1.9B | 15% |
| FY2024 | Japan | $1.2B | 10% |
| FY2024 | Other countries | $1.2B | 9% |
| FY2024 | Other | $2.6B | 20% |
| FY2025 | United States | $3.2B | 26% |
| FY2025 | Germany | $2.4B | 19% |
| FY2025 | China | $2.0B | 17% |
| FY2025 | Japan | $1.1B | 9% |
| FY2025 | Other countries | $1.0B | 8% |
| FY2025 | Other | $2.6B | 21% |
A year earlier $2.48
Diluted, from SEC filings
The P/E of 21.0× over the 57% EPS growth of the last four quarters; near 1 or below is cheap for the growth
Quarters: NXP Semiconductors N.V.'s SEC filings, named by the month they end. Fiscal years: NXP Semiconductors N.V.'s annual reports to the SEC.
How it makes money
Of every $100 in revenue, $16.5 ends up as net income. Net margin fell from 21.1% to 16.5% over the past 3 years.
Show the data
| Quarter ended | Gross | Operating | Net |
|---|---|---|---|
| Dec 2022 | 57.1% | 29.6% | 21.8% |
| Mar 2023 | 56.7% | 26.4% | 19.7% |
| Jun 2023 | 57.0% | 28.4% | 21.2% |
| Sep 2023 | 57.2% | 28.9% | 22.9% |
| Dec 2023 | 56.6% | 26.5% | 20.4% |
| Mar 2024 | 57.0% | 27.4% | 20.4% |
| Jun 2024 | 57.3% | 28.7% | 21.0% |
| Sep 2024 | 57.4% | 30.5% | 22.1% |
| Dec 2024 | 53.9% | 21.7% | 15.9% |
| Mar 2025 | 55.0% | 25.5% | 17.3% |
| Jun 2025 | 53.4% | 23.5% | 15.2% |
| Sep 2025 | 56.3% | 28.1% | 19.9% |
| Dec 2025 | 54.2% | 22.3% | 13.6% |
| Mar 2026 | 56.2% | 47.3% | 35.3% |
| Jun 2026 | 57.3% | 30.6% | 21.9% |
| Sep 2026 | 57.8% | 32.4% | 23.3% |
−2.2 pts over 3 years
−3.9 pts over 3 years
−4.6 pts over 3 years
Each margin is that line of the income statement divided by revenue. Fiscal year: NXP Semiconductors N.V.'s annual reports to the SEC; quarters: SEC filings.
Where it is in the chip cycle
Gross margin 57.8% and rising for 3 quarters; inventory at 169 days and rising for 3 years; capital spending 3.4% of revenue over the last 4 quarters.
Show the data
| Period | Inventory days |
|---|---|
| FY22 | 114 |
| FY23 | 136 |
| FY24 | 156 |
| FY25 | 169 |
How many days of sales are sitting in stock. Rising inventory days often come before a downturn: chips are being made faster than they sell.
Show the data
| Period | Capital spending |
|---|---|
| Sep ’25 | 3.2% |
| Dec ’25 | 4.6% |
| Mar ’26 | 3.8% |
| Jun ’26 | 3.0% |
| Sep ’26 | 2.3% |
Money put into factories and equipment. Heavy spending late in an upswing can leave the industry with too much capacity when demand cools.
Gross margin by fiscal quarter, from SEC filings. Inventory days: year-end inventory over that year's cost of revenue, times 365.
Customers and suppliers
In its latest annual report NXP Semiconductors buys from VSMC; sells to Avnet, Apple, Aptiv and 12 more.
Suppliers
NXPINXP SemiconductorsCustomers
Their customers
Partners
VSMCBuilds and operates semiconductor wafer manufacturing facility40% owned by NXP; 40% of fab capacity
Vanguard International Semiconductor 5347.TWOCo-owns VSMC wafer manufacturing joint venture60% ownership of VSMC
TSMC TSMCo-owns semiconductor manufacturing joint venturesBoschCo-owns ESMC semiconductor manufacturing joint venture
Infineon Technologies IFNNYCo-owns ESMC semiconductor manufacturing joint ventureArrowDistributes semiconductor productsAvnet AVTDistributes semiconductor productsNextyDistributes semiconductor productsWT MicroDistributes semiconductor productsWorld PeaceDistributes semiconductor products
Koninklijke Philips Electronics PHGIntellectual property transfer and licensing agreement
Virage Logic (now Synopsys) SNPSIntellectual property transfer and licensing agreementChanges since the previous annual report (10-K filed Feb 20, 2025)
AUMOVIO AMVOYNamed for the first time, as a customerAvnet AVTCustomer, share of revenue22% → 23%VSMCNow also a supplierNamed in other companies’ filings
TSMC TSMjoint venture with it · Co-owns SSMC semiconductor foundry61.2% ownership in SSMCShow the filing's words
| Company | Role | In the filing's words |
|---|---|---|
| Avnet | customer | “Avnet accounted for 23% of our revenue in 2025 and 22% in 2024.” |
| VSMC | partner · joint venture with it | “VSMC is 60% owned by Vanguard International Semiconductor Corporation and 40% owned by NXP. NXP is entitled to 40% of the fab facility capacity.” |
| VSMC | supplier | “In addition, NXP has an agreed purchase commitment with VSMC that over the lifetime of the factory the minimal loading will be between 80% - 90%, resulting in a total purchase commitment of approximately $14,096 million that is expected to be purchased over 37 years once wafer production starts.” |
| Vanguard International Semiconductor | partner · joint venture with it | “VSMC is 60% owned by Vanguard International Semiconductor Corporation and 40% owned by NXP.” |
| TSMC | partner · joint venture with it | “For example, we currently participate in a joint venture with Taiwan Semiconductor Manufacturing Company Limited (“TSMC”) called Systems on Silicon Manufacturing Company Pte. Ltd. (“SSMC”) and have recently formed a joint venture with Vanguard International Semiconductor Corporation called VisionPower Semiconductor Manufacturing Company Pte. Ltd. (“VSMC”), and a joint venture with TSMC, Robert Bosch Gmbh and Infineon Technologies AG called European Semiconductor Manufacturing Company (“ESMC”) to create capability for our future manufacturing requirements.” |
| Bosch | partner · joint venture with it | “For example, we currently participate in a joint venture with Taiwan Semiconductor Manufacturing Company Limited (“TSMC”) called Systems on Silicon Manufacturing Company Pte. Ltd. (“SSMC”) and have recently formed a joint venture with Vanguard International Semiconductor Corporation called VisionPower Semiconductor Manufacturing Company Pte. Ltd. (“VSMC”), and a joint venture with TSMC, Robert Bosch Gmbh and Infineon Technologies AG called European Semiconductor Manufacturing Company (“ESMC”) to create capability for our future manufacturing requirements.” |
| Infineon Technologies | partner · joint venture with it | “For example, we currently participate in a joint venture with Taiwan Semiconductor Manufacturing Company Limited (“TSMC”) called Systems on Silicon Manufacturing Company Pte. Ltd. (“SSMC”) and have recently formed a joint venture with Vanguard International Semiconductor Corporation called VisionPower Semiconductor Manufacturing Company Pte. Ltd. (“VSMC”), and a joint venture with TSMC, Robert Bosch Gmbh and Infineon Technologies AG called European Semiconductor Manufacturing Company (“ESMC”) to create capability for our future manufacturing requirements.” |
| ESMC | partner · joint venture with it | “For example, we currently participate in a joint venture with Taiwan Semiconductor Manufacturing Company Limited (“TSMC”) called Systems on Silicon Manufacturing Company Pte. Ltd. (“SSMC”) and have recently formed a joint venture with Vanguard International Semiconductor Corporation called VisionPower Semiconductor Manufacturing Company Pte. Ltd. (“VSMC”), and a joint venture with TSMC, Robert Bosch Gmbh and Infineon Technologies AG called European Semiconductor Manufacturing Company (“ESMC”) to create capability for our future manufacturing requirements.” |
| SigmaSense | partner · NXP Semiconductors invested in it | “SigmaSense, LLC 9.40 % — 10.64 % 28” |
| Apple | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Aptiv | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| AUMOVIO | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Bosch | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| DENSO | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Harman Auto | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Hyundai | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| LGE Automotive | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Samsung | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Visteon | customer | “Our 10 largest end customers, some of whom are supplied by distributors, in alphabetical order, are Apple, Aptiv, Aumovio, Bosch, Denso, Harman Auto, Hyundai, LGE Automotive, Samsung and Visteon.” |
| Arrow | customer | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| Nexty | customer | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| WT Micro | customer | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| World Peace | customer | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| Arrow | partner · distribution deal with it | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| Avnet | partner · distribution deal with it | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| Nexty | partner · distribution deal with it | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| WT Micro | partner · distribution deal with it | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| World Peace | partner · distribution deal with it | “We also have a strong position with our distribution partners, including our five largest in alphabetical order, Arrow, Avnet, Nexty, WT Micro and World Peace.” |
| Koninklijke Philips Electronics | partner · licensing deal with it | “Intellectual Property Transfer and License Agreement dated as of September 28, 2006 between Koninklijke Philips Electronics N.V. and NXP B.V. (incorporated by reference to Exhibit 10.1 of the Amendment No. 3 to the Registration Statement on Form F-1 of NXP Semiconductors N.V. filed on June 30, 2010 (File No. 333-166128))” |
| Virage Logic (now Synopsys) | partner · licensing deal with it | “Intellectual Property Transfer and License Agreement dated as of November 16, 2009 among NXP B.V., Virage Logic Corporation and VL C.V. (incorporated by reference to Exhibit 10.2 of the Amendment No. 3 to the Registration Statement on Form F-1 of NXP Semiconductors N.V. filed on June 30, 2010 (File No. 333-166128))” |
| VL C.V. | partner · licensing deal with it | “Intellectual Property Transfer and License Agreement dated as of November 16, 2009 among NXP B.V., Virage Logic Corporation and VL C.V. (incorporated by reference to Exhibit 10.2 of the Amendment No. 3 to the Registration Statement on Form F-1 of NXP Semiconductors N.V. filed on June 30, 2010 (File No. 333-166128))” |
| TSMC (20-F filed Apr 16, 2026) | joint venture with it | “Following the 2006 assignment by Philips of its rights and obligations to NXP, and the subsequent purchase of EDB’s shares by NXP and us, our current ownership in SSMC is 38.8%, with NXP holding the remaining 61.2%.” |
Only the companies NXP Semiconductors names in its 10-K filed Feb 19, 2026 (SEC). Named in other companies' filings: those whose own latest annual report or an 8-K since names NXP Semiconductors. The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Hover a name for the filing's own words.
Is it expensive?
P/E of 21x, in line with the peer median of 21x, with earnings still growing.
In line with the peer median of 21x.
Show the data
| Company | P/E (trailing) |
|---|---|
| AMD · Advanced Micro Devices, Inc. | 127× |
| AVGO · Broadcom Inc. | 46.5× |
| NXPI · NXP Semiconductors N.V. | 21× |
| NVDA · NVIDIA Corporation | 21× |
| MU · Micron Technology, Inc. | 10.8× |
| SKHY · SK hynix Inc. | 8.8× |
At 21.0× trailing earnings NXPI is inside the middle of its five-year range; the five-year median is 21.9×.
Show the data
| Date | Trailing P/E |
|---|---|
| Nov 8, 2021 | 39.2× |
| Feb 8, 2022 | 29.7× |
| May 10, 2022 | 22.2× |
| Aug 10, 2022 | 19.6× |
| Nov 8, 2022 | 16.2× |
| Feb 9, 2023 | 18.0× |
| May 11, 2023 | 15.7× |
| Aug 11, 2023 | 19.3× |
| Nov 9, 2023 | 16.7× |
| Feb 12, 2024 | 22.1× |
| May 13, 2024 | 24.4× |
| Aug 13, 2024 | 23.2× |
| Nov 11, 2024 | 21.7× |
| Feb 13, 2025 | 22.6× |
| May 15, 2025 | 23.0× |
| Aug 15, 2025 | 27.3× |
| Nov 13, 2025 | 24.9× |
| Feb 17, 2026 | 30.9× |
| May 18, 2026 | 27.9× |
| Aug 18, 2026 | 19.5× |
| Nov 12, 2026 | 21.0× |
Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.
What analysts expect
The average analyst price target is $300, 12% above the current price; 70% of 30 analysts rate it a buy; earnings beat estimates in all of the last 4 quarters.
Buy or Strong Buy: 21 analysts (70%). Sell or Strong Sell: 1.
Over the past year the average of the analysts' latest price targets went from $251.17 to $294.20 (+17%), while NXPI went from $201.22 to $267.29 (+33%). In the past three months targets were raised twice and cut 11 times. No upgrades and 5 downgrades over the year; the latest: Citigroup moved it to Neutral from Buy on Oct 8, 2026.
Show every change
| Date | Firm | Change | Rating | Target |
|---|---|---|---|---|
| Oct 28, 2026 | Jefferies | Target cut | Buy | $350.00, was $370.00 |
| Oct 28, 2026 | Citigroup | Target cut | Neutral | $250.00, was $260.00 |
| Oct 28, 2026 | Truist Securities | Target cut | Buy | $300.00, was $310.00 |
| Oct 28, 2026 | TD Cowen | Target raised | Buy | $280.00, was $275.00 |
| Oct 28, 2026 | Stifel | Target cut | Hold | $250.00, was $265.00 |
| Oct 28, 2026 | Wells Fargo | Target raised | Equal-Weight | $245.00, was $235.00 |
| Oct 28, 2026 | Evercore ISI Group | Target cut | Outperform | $300.00, was $320.00 |
| Oct 28, 2026 | Keybanc | Target cut | Overweight | $330.00, was $345.00 |
| Oct 28, 2026 | Cantor Fitzgerald | Target kept | Overweight | $400.00 |
| Oct 28, 2026 | Needham | Target kept | Buy | $300.00 |
| Oct 28, 2026 | Morgan Stanley | Target cut | Overweight | $313.00, was $338.00 |
| Oct 20, 2026 | Wells Fargo | Target cut | Equal-Weight | $235.00, was $280.00 |
| Oct 19, 2026 | TD Cowen | Target cut | Buy | $275.00, was $290.00 |
| Oct 8, 2026 | Citigroup | Downgrade | Neutral, was Buy | $260.00, was $370.00 |
| Oct 5, 2026 | Stifel | Target cut | Hold | $265.00, was $282.00 |
| Aug 17, 2026 | Cantor Fitzgerald | Target kept | Overweight | $400.00 |
| Aug 3, 2026 | UBS | Downgrade | Neutral, was Buy | $270.00, was $305.00 |
| Jul 29, 2026 | TD Cowen | Target cut | Buy | $290.00, was $340.00 |
| Jul 29, 2026 | Wells Fargo | Target cut | Equal-Weight | $280.00, was $290.00 |
| Jul 29, 2026 | Mizuho | Target cut | Underperform | $190.00, was $200.00 |
| Jul 29, 2026 | Cantor Fitzgerald | Target kept | Overweight | $400.00 |
| Jul 29, 2026 | Needham | Target kept | Buy | $300.00 |
| Jul 24, 2026 | Oppenheimer | Target raised | Outperform | $325.00, was $300.00 |
| Jul 20, 2026 | Wells Fargo | Target cut | Equal-Weight | $290.00, was $305.00 |
| Jul 13, 2026 | TD Cowen | Target raised | Buy | $340.00, was $310.00 |
| Jul 13, 2026 | B of A Securities | Target raised | Neutral | $310.00, was $275.00 |
| Jun 29, 2026 | Cantor Fitzgerald | Target raised | Overweight | $400.00, was $380.00 |
| Jun 23, 2026 | Citigroup | Target raised | Buy | $370.00, was $270.00 |
| Jun 9, 2026 | Wells Fargo | Target raised | Equal-Weight | $305.00, was $265.00 |
| May 13, 2026 | Cantor Fitzgerald | Target raised | Overweight | $380.00, was $340.00 |
| May 5, 2026 | Barclays | Target raised | Overweight | $340.00, was $295.00 |
| Apr 29, 2026 | Jefferies | Target raised | Buy | $300.00, was $265.00 |
| Apr 29, 2026 | JP Morgan | Target raised | Neutral | $295.00, was $250.00 |
| Apr 29, 2026 | Wolfe Research | Target raised | Outperform | $320.00, was $270.00 |
| Apr 29, 2026 | Bernstein | Target raised | Market Perform | $270.00, was $240.00 |
| Apr 29, 2026 | TD Cowen | Target raised | Buy | $310.00, was $250.00 |
| Apr 29, 2026 | Oppenheimer | Target raised | Outperform | $300.00, was $250.00 |
| Apr 29, 2026 | Citigroup | Target raised | Buy | $270.00, was $255.00 |
| Apr 29, 2026 | Wells Fargo | Target raised | Equal-Weight | $265.00, was $235.00 |
| Apr 29, 2026 | Evercore ISI Group | Target raised | Outperform | $320.00, was $260.00 |
| Apr 29, 2026 | Cantor Fitzgerald | Target raised | Overweight | $340.00, was $280.00 |
| Apr 29, 2026 | Barclays | Target raised | Overweight | $295.00, was $255.00 |
| Apr 29, 2026 | Susquehanna | Target raised | Neutral | $250.00, was $210.00 |
| Apr 29, 2026 | Keybanc | Target raised | Overweight | $345.00, was $300.00 |
| Apr 29, 2026 | Truist Securities | Target raised | Buy | $310.00, was $255.00 |
| Apr 29, 2026 | Stifel | Target raised | Hold | $282.00, was $250.00 |
| Apr 29, 2026 | Needham | Target raised | Buy | $300.00, was $250.00 |
| Apr 20, 2026 | Wells Fargo | Downgrade | Equal-Weight, was Overweight | $235.00, was $265.00 |
| Apr 17, 2026 | Mizuho | Downgrade | Underperform, was Outperform | $188.00, was $255.00 |
| Apr 13, 2026 | B of A Securities | Downgrade | Neutral, was Buy | $230.00, was $245.00 |
| Feb 4, 2026 | Citigroup | Target cut | Buy | $255.00, was $285.00 |
| Feb 4, 2026 | JP Morgan | Target raised | Neutral | $250.00, was $245.00 |
| Feb 4, 2026 | Evercore ISI Group | Target cut | Outperform | $260.00, was $292.00 |
| Feb 4, 2026 | Mizuho | Target cut | Outperform | $255.00, was $285.00 |
| Feb 4, 2026 | Truist Securities | Target cut | Buy | $255.00, was $265.00 |
| Feb 4, 2026 | B of A Securities | Target cut | Buy | $245.00, was $265.00 |
| Feb 3, 2026 | Needham | Target kept | Buy | $250.00 |
| Jan 15, 2026 | Citigroup | Target raised | Buy | $285.00, was $275.00 |
| Jan 15, 2026 | Wells Fargo | Target raised | Overweight | $265.00, was $260.00 |
| Dec 19, 2025 | Truist Securities | Target raised | Buy | $265.00, was $254.00 |
Show the data
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| Dec ’25 | $3.31 | $3.35 | +1.2% |
| Mar ’26 | $2.98 | $3.05 | +2.3% |
| Jun ’26 | $3.53 | $3.61 | +2.3% |
| Sep ’26 | $4.12 | $4.20 | +1.9% |
The day after each of these reports the stock moved −1.8% (Dec 2025, beat); +22.1% (Mar 2026, beat); −10.0% (Jun 2026, beat); +2.4% (Sep 2026, beat).
For the quarter ending Dec 2026, analysts expect adjusted earnings of $4.37 a share, 30% more than the $3.35 of a year earlier, and revenue of $3.9B, up 16% on a year earlier. For the fiscal year ending Dec 2027, they expect adjusted earnings of $18.34 a share, 21% more than the year before's estimate of $15.17, and revenue of $16.0B, up 12% on the year before's estimate.
Adjusted. Dec 2025: $3.35; range $4.18 to $4.51; 21 analysts
Dec 2025: $3.3B; range $3.8B to $3.9B; 22 analysts
Adjusted. The year to Dec 2026: $15.17 expected; range $17.00 to $20.09; 26 analysts
The year to Dec 2026: $14.3B expected; range $15.3B to $16.8B; 28 analysts
Show the data
| Period | Figure | Expected | Low to high | Analysts | A year earlier | Change |
|---|---|---|---|---|---|---|
| Quarter ending Dec 2026 | EPS (adjusted) | $4.37 | $4.18 to $4.51 | 21 | $3.35 (Dec 2025) | +30% |
| Quarter ending Dec 2026 | Revenue | $3.9B | $3.8B to $3.9B | 22 | $3.3B (Dec 2025) | +16% |
| Quarter ending Mar 2027 | EPS (adjusted) | $4.02 | $3.89 to $4.21 | 20 | $3.05 (Mar 2026) | +32% |
| Quarter ending Mar 2027 | Revenue | $3.7B | $3.6B to $3.9B | 19 | $3.2B (Mar 2026) | +17% |
| Year ending Dec 2026 | EPS (adjusted) | $15.17 | $14.54 to $15.40 | 26 | — | — |
| Year ending Dec 2026 | Revenue | $14.3B | $14.1B to $14.4B | 24 | $12.3B (year to Dec 2025) | +17% |
| Year ending Dec 2027 | EPS (adjusted) | $18.34 | $17.00 to $20.09 | 26 | $15.17 (expected, year to Dec 2026) | +21% |
| Year ending Dec 2027 | Revenue | $16.0B | $15.3B to $16.8B | 28 | $14.3B (expected, year to Dec 2026) | +12% |
Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.
Where the cash goes
Generated $3.5B in free cash flow over the year, of which $1.7B went back to shareholders (dividends plus buybacks), leaving $1.8B in the company.
Show the data
| Line | Amount |
|---|---|
| Op. cash flow | $3.8B |
| Capex | −$300M |
| Free cash flow | $3.5B |
| Dividends | −$1.0B |
| Buybacks | −$650M |
| Cash retained | $1.8B |
For every $100 of market cap, the company generates about $5.2 in free cash flow a year.
For every $100 of market cap, you receive about $1.5 in dividends a year.
Dividends plus buybacks over the last four quarters: for every $100 of market cap, about $2.5 went back to shareholders.
Show the data
| Quarter ended | Free cash flow | Dividends | Buybacks |
|---|---|---|---|
| Dec 2023 | $962M | $261M | $434M |
| Mar 2024 | $625M | $261M | $303M |
| Jun 2024 | $576M | $260M | $310M |
| Sep 2024 | $593M | $259M | $305M |
| Dec 2024 | $261M | $258M | $455M |
| Mar 2025 | $426M | $258M | $303M |
| Jun 2025 | $696M | $257M | $204M |
| Sep 2025 | $508M | $256M | $54M |
| Dec 2025 | $793M | $254M | $338M |
| Mar 2026 | $714M | $256M | $102M |
| Jun 2026 | $791M | $256M | $104M |
| Sep 2026 | $1.2B | $256M | $103M |
NXP Semiconductors had 254M diluted shares in the quarter ended Sep 2026, 0.2% fewer than a year earlier, and 1.5% fewer each year on average since Jun 2020. It spent $647M on buybacks over the last four quarters. Over the last four quarters its earnings per share rose 57.4% and its net income rose 56.6%: fewer shares added about 1 point.
Show the data
| Quarter ended | Diluted shares |
|---|---|
| Jun 2020 | 279M |
| Sep 2020 | 279M |
| Mar 2021 | 283M |
| Jun 2021 | 279M |
| Sep 2021 | 271M |
| Mar 2022 | 265M |
| Jun 2022 | 265M |
| Sep 2022 | 265M |
| Mar 2023 | 261M |
| Jun 2023 | 261M |
| Sep 2023 | 261M |
| Mar 2024 | 259M |
| Jun 2024 | 259M |
| Sep 2024 | 258M |
| Mar 2025 | 255M |
| Jun 2025 | 254M |
| Sep 2025 | 254M |
| Mar 2026 | 254M |
| Jun 2026 | 254M |
| Sep 2026 | 254M |
Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.
Financial health
Current ratio 2.0, no pressure to repay short-term debt; debt-to-equity 1.2, debt is moderate.
Assets that can be turned into cash soon are 2.0x what is owed within a year. 1.5 or higher is comfortable; below 1 needs watching.
For every $1 of shareholder funds, there is $1.2 of debt. The higher the number, the more pressure when the economy weakens.
Cash and short-term investments of $2.9B against debt of $12.2B.
Latest fiscal year balance sheet. Source: Yahoo Finance.
Who holds it
In the filings of 1 member of Congress and 7 funds whose copy leaves NXPI out (not traded on the exchange): Light Street Capital Management, Bridgewater Associates, Mirae Asset Global Investments, Swiss National Bank, Norges Bank, Canada Pension Plan Investment Board and 2 more.
What did the funds Hunch tracks do?
Of the 83 funds whose 13F filings Hunch reads, 10 held NXPI at the end of their latest quarter (for most, Q2 2026). Over that quarter 6 added shares and 4 cut. The largest of them is Norges Bank, 2.29M shares worth $642M at Jun 30, 2026, 19.1% fewer than at Dec 31, 2025.
Over their latest quarter
Over their latest quarter
Show every fund
| Fund | Quarter | Shares | Value | Change in shares | Change | Filed |
|---|---|---|---|---|---|---|
| Norges Bank | Q2 2026 vs Q4 2025 | 2.29M | $642M | −538,791 | −19% | Aug 12, 2026 |
| National Pension Service | Q3 2026 | 876,719 | $208M | +8,300 | +1.0% | Nov 12, 2026 |
| Swiss National Bank | Q3 2026 | 690,629 | $164M | −22,000 | −3.1% | Nov 12, 2026 |
| Mirae Asset Global Investments | Q3 2026 | 572,399 | $136M | +69,828 | +14% | Nov 3, 2026 |
| Bridgewater Associates | Q2 2026 | 337,405 | $94.8M | +74,623 | +28% | Aug 14, 2026 |
| Canada Pension Plan Investment Board | Q2 2026 | 314,707 | $88.4M | −151,132 | −32% | Aug 14, 2026 |
| Nomura Holdings | Q2 2026 | 271,647 | $76.3M | +231,407 | +575% | Aug 14, 2026 |
| Korea Investment | Q2 2026 | 177,656 | $49.9M | +35,090 | +25% | Aug 12, 2026 |
| Light Street Capital Management | Q2 2026 | 23,003 | $6.5M | −2,497 | −9.8% | Aug 14, 2026 |
| Fisher Asset Management | Q3 2026 | 1,846 | $439K | +294 | +19% | Nov 6, 2026 |
From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of NXPI at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end. Norges Bank filed its 13F for Q1 2026 confidentially, with no holdings made public, so its row compares Q2 2026 with Q4 2025.