Jefferies (NYSE:JEF) analyst Mark Lipacis maintained a Buy rating on NXP Semiconductors on Thursday, setting a price target of $278, which is approximately 27.55% above the present share price of $217.95.
Lipacis expects NXP Semiconductors to post earnings per share (EPS) of $1.95 for the fourth quarter of 2021.
The current consensus among 16 TipRanks analysts is for a Moderate Buy rating of shares in NXP Semiconductors, with an average price target of $241.31.
The analysts price targets range from a high of $300 to a low of $170.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.86 billion and a net profit of $711 million. The company's market cap is $57.96 billion.
According to TipRanks.com, Jefferies analyst Mark Lipacis is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 35.2% and a 79.37% success rate.
Founded in 2006, Netherlands-based NXP Semiconductors NV (NASDAQ:NXPI) provides various semiconductor products including microcontrollers, application processors, communication processors, wireless connectivity solutions, analog and interface devices, Radio Frequency power amplifiers, and security controllers, as well as semiconductor-based environmental and inertial sensors. Its product solutions are used in a range of applications including, automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones.