NXP Semiconductors N.V. ($NXPI) Stock Forecast: Down 7.1% Today

What is NXP Semiconductors N.V.?

NXPI (NXP Semiconductors) operates in the Semiconductor industry, focusing on Automotive and Communication Infrastructure sectors. The stock showed significant bearish movement in today's market.

Why is NXP Semiconductors N.V. going down?

NXPI stock is down 7.1% on Nov 5, 2024 19:07

• NXPI surpassed EPS expectations but fell short of revenue forecasts in Q3. The Automotive and Communication Infrastructure divisions showed notable weaknesses.
• The company's pessimistic Q4 outlook contributed to a downward trend in the stock price, leading to a pessimistic market sentiment.
• Concerns among investors regarding NXPI's future performance were evident due to the below-par Q4 guidance, resulting in a selloff of shares.
• The market's overall unfavorable response to NXPI's earnings report and guidance is likely the main driver behind today's bearish stock movement.

NXPI Price Chart

NXPI Technical Analysis

NXPI News

NXPI Q3 Earnings Beat, Revenues Miss, Shares Down on Weak Q4 View

NXP Semiconductor's Q3 2024 results suffer from weakness in the Automotive and Communication Infrastructure segments.

https://www.zacks.com/stock/news/2364655/nxpi-q3-earnings-beat-revenues-miss-shares-down-on-weak-q4-view

Jim Cramer Keeps Recommending Tesla Because He Loves 'Space Stuff,' But He's Not Keen On Ford: 'I Can't Recommend The Stock' - CEVA ( NASDAQ:CEVA ) , CyberArk Software ( NASDAQ:CYBR )

Jim Cramer, the host of CNBC's "Mad Money," recently expressed his enthusiasm for space exploration and Tesla Inc. TSLA on his show. He also shared his thoughts on Ford Motor Company F, CEVA Inc. CEVA, Schlumberger NV SLB, and Vistra Corp VST.

https://www.benzinga.com/markets/equities/24/11/41734231/jim-cramer-keeps-recommending-tesla-because-he-loves-space-stuff-but-hes-not-keen-on-ford-i-cant

NXP Semiconductors Shares Dip After Q3 Results: EPS Beat, Revenues In-Line, Q4 Guidance Below Estimates - NXP Semiconductors ( NASDAQ:NXPI )

NXP Semiconductors N.V. NXPI reported its third-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter. The Details: NXP Semiconductors reported quarterly earnings of $3.45 per share, which beat the analyst consensus estimate of $3.43.

https://www.benzinga.com/news/earnings/24/11/41730768/nxp-semiconductors-shares-dip-after-q3-results-eps-beat-revenues-in-line-q4-guidance-below-estimate

NXP Semiconductors Earnings Are Imminent; These Major Analysts Revise Forecasts Ahead Of Earnings Call - NXP Semiconductors ( NASDAQ:NXPI )

NXP Semiconductors N.V. NXPI will release earnings results for its third quarter, after the closing bell on Monday, Nov. 4. Analysts expect the Eindhoven, the Netherlands-based bank to report quarterly earnings at $3.43 per share, down from $3.70 per share in the year-ago period.

https://www.benzinga.com/news/earnings/24/11/41719851/nxp-semiconductors-earnings-are-imminent-these-major-analysts-revise-forecasts-ahead-of-earnings-ca

NXP Semiconductors Prepares For Earnings With New AI Tools: But What Do The Charts Reveal? - NXP Semiconductors ( NASDAQ:NXPI )

NXP Semiconductors NV NXPI will be reporting its third-quarter earnings on Monday. Wall Street expects $3.43 in EPS and $3.25 billion in revenues as the company reports after market hours.

https://www.benzinga.com/trading-ideas/technicals/24/11/41714263/nxp-semiconductors-prepares-for-earnings-with-new-ai-tools-but-what-do-the-charts-reveal

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NXP Semiconductors N.V. Price History

05.10.2024 - NXPI Stock was down 6.9%

• The company's third-quarter results surpassed earnings per share (EPS) expectations, but its Q4 guidance fell short, causing a decline in stock price.
• Forecasts were adjusted before the earnings call, predicting lower EPS compared to the prior year, potentially impacting market sentiment negatively.
• Significant investors took a bearish approach, as evidenced by public options history, potentially influencing the stock's downward trend.
• The market's sentiment towards NXP Semiconductors may have been shaped by cautious projections for the upcoming period and uncertainties in key sectors.

03.08.2024 - NXPI Stock was down 5.0%

• Despite the general market optimism, NXPI saw a significant downtrend.
• The announcement of an interim dividend and share buybacks initially boosted investor confidence, yet other factors seem to have prevailed over this update for NXPI.
• It is likely that the market responded to internal company news or broader industry shifts, adversely affecting NXPI and driving the downward movement.
• Traders are advised to monitor any upcoming developments or statements from NXPI to gain insight into the causes behind today's bearish market trend.

05.10.2024 - NXPI Stock was down 7.0%

• NXP Semiconductors' shares decreased after releasing Q3 results which surpassed earnings per share expectations but delivered Q4 guidance below estimates, potentially impacting the stock negatively.
• Analysts adjusted their forecasts before the earnings call, predicting a decline in quarterly earnings compared to the previous year, potentially contributing to the pessimistic outlook on the stock.
• Reports of significant investors taking a negative position on NXP Semiconductors may have intensified the downward pressure on the stock, as market sentiment often mirrors prominent investors' actions.
• Although the broader market sentiment towards semiconductor stocks could have influenced NXPI's decline, the company's financial performance and future outlook appeared to be the primary factors behind today's bearish movement.

15.09.2024 - NXPI Stock was down 1.9%

• The announcement of NXP Semiconductors' upcoming conference call to review their third-quarter financial results may have raised concerns among investors about the company's performance.
• Investors might be anticipating disappointing financial results, leading to a sell-off of NXPI shares and causing the bearish movement in the stock price.
• The lack of positive news or updates about potential growth opportunities could also contribute to the negative sentiment surrounding NXP Semiconductors, further impacting the stock's downward trajectory today.

31.09.2024 - NXPI Stock was down 6.6%

• The bearish movement in NXPI's stock today could be attributed to investors' concerns surrounding ongoing inventory corrections in the automobile end market.
• Despite the potential benefits from an expanding portfolio and clientele, macroeconomic uncertainties seem to have kept investors on the sidelines, impacting the stock performance negatively.
• The anticipation of NXPI's Q3 earnings report might have also contributed to the bearish sentiment, with investors possibly adjusting their positions based on expectations of the company's financial performance.

31.09.2024 - NXPI Stock was down 6.3%

• There has been substantial options trading activity, potentially by large investors like institutions or high-net-worth individuals, indicating a bearish outlook on NXPI.
• Despite the company's product expansion, inventory adjustments in the automobile sector may have affected investor confidence and contributed to the stock's decline.
• Market sentiment could have been influenced by expectations surrounding NXPI's upcoming Q3 earnings, prompting investors to make adjustments to their holdings based on financial performance forecasts.

05.10.2024 - NXPI Stock was down 7.1%

• NXPI surpassed EPS expectations but fell short of revenue forecasts in Q3. The Automotive and Communication Infrastructure divisions showed notable weaknesses.
• The company's pessimistic Q4 outlook contributed to a downward trend in the stock price, leading to a pessimistic market sentiment.
• Concerns among investors regarding NXPI's future performance were evident due to the below-par Q4 guidance, resulting in a selloff of shares.
• The market's overall unfavorable response to NXPI's earnings report and guidance is likely the main driver behind today's bearish stock movement.

23.06.2024 - NXPI Stock was down 8.5%

• Despite receiving positive analyst sentiments and price target upgrades, NXP Semiconductors (NXPI) encountered a bearish movement, potentially influenced by the softness in Automotive and Communication Infrastructure & Others markets as indicated in their Q2 earnings report.
• A slight decrease in revenue year-over-year might have raised investor concerns, overshadowing the positive aspects of the earnings call and target price increases by analysts.
• The rise in Coinbase (COIN) stock, along with a notable price target increase and rating upgrade by Citi analysts, could have diverted investor focus from NXPI, contributing to the semiconductor company's stock bearish trend.

01.07.2024 - NXPI Stock was down 5.2%

• NXP Semiconductors stock might have faced a bearish movement due to profit-taking by investors after a significant outperformance over the past decade.
• The announcement of Taiwan Semiconductor Manufacturing Co (TSM) breaking ground on its first European chip plant in Germany could have shifted investor focus towards TSM, leading to a relative sell-off in NXPI.
• The bullish outlook for the semiconductor market, with a projected 10% CAGR by 2029, might have prompted investors to reallocate their investments within the sector, impacting NXPI negatively in the short term.
• Despite the bearish movement today, NXPI's long-term growth prospects and market capitalization of $64.57 billion indicate a strong position in the semiconductor industry, making it a stock to watch for potential rebounds.

02.07.2024 - NXPI Stock was down 6.3%

• Today, NXP Semiconductors experienced a strong bearish movement, possibly due to the following reasons:
• The chair buying $37,600 in company stock may have been perceived as a routine transaction and did not significantly impact investor sentiment.
• The news of another semiconductor company breaking ground on its first European chip plant in Germany could have shifted investor focus towards expansion, diverting attention from NXPI.
• Despite the impressive long-term performance of NXPI, investors may have been influenced by short-term market factors leading to the bearish movement.

07.07.2024 - NXPI Stock was down 5.1%

• Despite NXP Semiconductors' strong historical performance, today's bearish movement could be related to profit-taking by investors after a period of outperformance.
• The recent purchase of company stock by the chair may indicate confidence in NXP Semiconductors' long-term prospects, but did not fully counter the overall bearish sentiment in the market.
• Investors might be responding to broader market trends or sector-specific news affecting semiconductor stocks, contributing to the bearish movement in NXPI today.

08.07.2024 - NXPI Stock was up 5.1%

• The bullish movement in NXPI stock today is linked to the optimistic outlook on electric vehicle (EV) stocks, given the rising EV sales and promising long-term growth prospects for the industry. This has led to increased investor confidence in companies like NXP Semiconductors, which play a crucial role in EV technology.
• The consistent outperformance and solid returns of NXPI over the past decade have further bolstered investor trust in the stock, reflecting its impressive performance compared to the market.
• Moreover, the recent purchase of $37,600 in company stock by NXP Semiconductors' chairperson may have boosted confidence in the company's future prospects. This move signals insider confidence and could positively influence market sentiment.