In the latest close session, NXP Semiconductors (NXPI) was up +1.97% at $283.87. The stock outpaced the S&P 500's daily gain of 0.38%. Elsewhere, the Dow gained 0.02%, while the tech-heavy Nasdaq added 0.9%.
Heading into today, shares of the chipmaker had lost 11.87% over the past month, lagging the Computer and Technology sector's loss of 1.5% and the S&P 500's gain of 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of NXP Semiconductors in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2026. On that day, NXP Semiconductors is projected to report earnings of $3.54 per share, which would represent year-over-year growth of 30.15%. In the meantime, our current consensus estimate forecasts the revenue to be $3.47 billion, indicating a 18.48% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $14.79 per share and a revenue of $14.03 billion, demonstrating changes of +25.23% and +14.32%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for NXP Semiconductors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. NXP Semiconductors presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, NXP Semiconductors is holding a Forward P/E ratio of 18.83. This indicates a discount in contrast to its industry's Forward P/E of 49.71.
We can also see that NXPI currently has a PEG ratio of 0.91. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Semiconductor - Analog and Mixed industry was having an average PEG ratio of 1.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 25, this industry ranks in the top 11% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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NXP Semiconductors N.V. (NXPI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).