Oppenheimer analyst Rick Schafer maintained a Buy rating on NXP Semiconductors on Wednesday, setting a price target of $235, which is approximately 21.22% above the present share price of $193.86.
Schafer expects NXP Semiconductors to post earnings per share (EPS) of $1.10 for the second quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in NXP Semiconductors, with an average price target of $211.67.
The analysts price targets range from a high of $250 to a low of $168.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.51 billion and a net profit of $459 million. The company's market cap is $53.46 billion.
According to TipRanks.com, Oppenheimer analyst Rick Schafer is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.6% and a 79.24% 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.