NXP Semiconductors NV
NXPI: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$496.00 | Ngn | Ccsltmj |
NXP Earnings: Continuing to Drive Ahead in Automotive and Industrial Semis
Narrow-moat NXP Semiconductors reported solid first-quarter results and provided investors with a second-quarter forecast that was modestly ahead of our prior expectations, as the company is seeing resilient demand for automotive and industrial semis. We maintain our $225 fair value estimate for NXP and continue to view shares as undervalued, as NXP is one of our top picks in analog and mixed signal semis.