Notable Price Action: What’s in NXP Semiconductors NV After Today’s Significant Increase?

Notable Price Action: What's in NXP Semiconductors NV After Today's Significant Increase?

The stock of NXP Semiconductors NV (NASDAQ:NXPI) is a huge mover today! The stock increased 6.13% or $5.89 during the last trading session, hitting $102.01. About 23.72M shares traded hands or 577.71% up from the average. NXP Semiconductors NV (NASDAQ:NXPI) has risen 33.07% since February 26, 2016 and is uptrending. It has outperformed by 22.65% the S&P500.
The move comes after 9 months positive chart setup for the $41.25 billion company. It was reported on Sep, 30 by We have $157.10 PT which if reached, will make NASDAQ:NXPI worth $22.28B more.

Analysts await NXP Semiconductors NV (NASDAQ:NXPI) to report earnings on October, 26. They expect $1.37 earnings per share, down 4.20% or $0.06 from last year’s $1.43 per share. NXPI’s profit will be $553.99 million for 18.61 P/E if the $1.37 EPS becomes a reality. After $1.16 actual earnings per share reported by NXP Semiconductors NV for the previous quarter, Wall Street now forecasts 18.10% EPS growth.

NXP Semiconductors NV (NASDAQ:NXPI) Ratings Coverage

Out of 22 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 19 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 86% are positive. NXP Semiconductors NV has been the topic of 27 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Tuesday, April 19 by Raymond James. SunTrust maintained the shares of NXPI in a report on Tuesday, September 1 with “Buy” rating. The firm has “Buy” rating given on Tuesday, May 17 by CLSA. The firm has “Neutral” rating given on Wednesday, February 3 by Goldman Sachs. The rating was maintained by Jefferies with “Buy” on Friday, April 29. The company was maintained on Friday, February 5 by Topeka Capital Markets. The firm has “Outperform” rating given on Tuesday, August 2 by Robert W. Baird. The rating was maintained by Canaccord Genuity on Friday, October 30 with “Buy”. The company was maintained on Friday, October 30 by Oppenheimer. The rating was maintained by Pacific Crest on Friday, April 8 with “Overweight”.

According to Zacks Investment Research, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe.”

More notable recent NXP Semiconductors NV (NASDAQ:NXPI) news were published by: which released: “NXP Semiconductors explores sale to Qualcomm: sources” on September 29, 2016, also with their article: “Buzz Stocks: Catabasis Pharmaceuticals Inc, NXP Semiconductors NV, and …” published on September 30, 2016, published: “Better Buy: NVIDIA Corporation vs. NXP Semiconductors, NV” on September 16, 2016. More interesting news about NXP Semiconductors NV (NASDAQ:NXPI) were released by: and their article: “Top Analyst Upgrades and Downgrades: Apple, Coach, Encana, NXP Semiconductors …” published on September 30, 2016 as well as‘s news article titled: “Evercore: Rumors Of Qualcomm Buying NXP Semiconductors Could Be ‘Very Real'” with publication date: September 29, 2016.

NXPI Company Profile

NXP Semiconductors N.V. (NXP), incorporated on August 2, 2006, is a holding company. The Firm operates as a semiconductor firm and a long-standing supplier. The Firm provides high performance mixed signal and standard product solutions. The Company’s divisions include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. The Company’s product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing. It engages with global original equipment manufacturers (OEMs) and sells products in all geographic regions.

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