Analyst Ratings February 4, 2026

Stifel Keeps Hold on NXP, Flags Valuation as Guidance Trails Analog Peers

Analyst firm holds $215 target as Q4 results beat estimates but first-quarter outlook is viewed as conservative amid improving macro signals

By Hana Yamamoto NXPI
Stifel Keeps Hold on NXP, Flags Valuation as Guidance Trails Analog Peers
NXPI

Stifel has reiterated a Hold rating on NXP Semiconductors with a 12-month price target of $215, citing valuation constraints even after better-than-expected fourth-quarter results. While NXP beat revenue and earnings expectations for the quarter, the firm describes the company’s guidance for the first quarter as conservative relative to signals from analog peers and emerging macro improvements, particularly in European automotive and ISM PMI data.

Key Points

  • Stifel upheld a Hold rating on NXP with a $215 12-month price target, citing valuation concerns and a 15.7x P/E on 2026 estimates - sectors impacted: technology and investment community.
  • NXP’s Q4 revenue was $3.34 billion, up 5.1% sequentially and beating Stifel and Street estimates; gross margin over the trailing twelve months was 55.38% - sectors impacted: semiconductors, mobile, communications infrastructure.
  • First-quarter guidance is conservative versus improving macro indicators and analog peers, though it is slightly above Stifel’s prior estimate and includes a non-GAAP EPS midpoint of $2.97 - sectors impacted: automotive and industrial markets.

Overview

Stifel has left its recommendation unchanged on NXP Semiconductors NV, maintaining a Hold rating and a 12-month price target of $215. The firm’s stance comes even as the stock is trading above that target and recent company results have topped several analyst expectations.


Quarterly results and margins

NXP reported fourth-quarter revenue of $3.34 billion, a sequential rise of 5.1% that exceeded Stifel’s forecast of $3.30 billion. The same figure also surpassed the broader Street consensus of $3.31 billion. Over the trailing twelve months, the company recorded $12.27 billion in revenue and sustained a gross profit margin of 55.38%, according to InvestingPro data cited in the company materials.


Guidance and near-term outlook

For the first quarter, NXP gave a midpoint revenue guide of $3.15 billion, which represents a 5.5% sequential decline but is 2.6% above Stifel’s prior estimate. The firm’s non-GAAP earnings per share midpoint for the quarter was $2.97, $0.10 higher than what the analyst firm had expected.

Looking further ahead, consensus analyst projections reported by InvestingPro show expected EPS of $13.90 for fiscal 2026 and roughly 9% revenue growth for that period.


Stifel’s rationale

Stifel acknowledged that NXP’s updated outlook was higher than earlier internal estimates, but the research team judged the company’s guidance to be cautious when compared with an apparent positive inflection among analog peers. The firm also noted the first-quarter outlook appears conservative against improving macro indicators, specifically citing constructive data from the European automotive sector and the January ISM PMI.

Valuation concerns remain the primary reason Stifel retained the Hold rating. The firm’s $215 target equates to a 15.7x price-to-earnings multiple based on calendar-year 2026 estimates, a benchmark it finds difficult to justify for a Buy recommendation at current prices.


Market and analyst reactions

Although Stifel maintained a cautious stance, the broader analyst community is comparatively more optimistic. Consensus ratings skew toward Buy across analysts, with price targets ranging from $210 to $324.40. InvestingPro data referenced with the company figures indicates the stock is trading close to its calculated Fair Value.


Recent analyst moves and segment performance

Following the fourth-quarter results, several firms updated targets or reiterated positions. Truist Securities and BofA Securities kept their Buy ratings but trimmed price targets to $255 and $245, respectively. Truist highlighted stronger revenue contributions from the mobile and infrastructure segments, while BofA pointed to limited cyclical momentum in core businesses. Cantor Fitzgerald reiterated an Overweight rating with a $280 price target and characterized the company’s results as a "modest beat and raise."

Company disclosures and analyst commentary also show a mixed picture by end market: the Automotive segment came in slightly below expectations, while Mobile and Communications Infrastructure outperformed forecasts. These sector-level variances have been central to recent analyst discussions.


Investor focus and uncertainties

Despite the quarter’s upside and raised estimates versus prior internal forecasts, investor concerns remain tied to forward guidance and broader market conditions. The cautious tone from Stifel underscores valuation as a limiting factor for recommending accumulation at current prices, even as other analysts continue to favor the stock on a relative basis.


Note on data: All figures and analyst comments above reflect company-reported results and third-party analyst data cited alongside company disclosures.

Risks

  • Conservative near-term guidance could keep investor sentiment muted, affecting semiconductor and technology sector valuations.
  • Slight underperformance in the Automotive segment introduces uncertainty for revenue exposure to European automotive demand.
  • Valuation constraints may limit upside at current prices even if absolute results remain solid, creating risk for equity investors in semiconductors and related capital markets.

More from Analyst Ratings

UBS trims TransDigm price target slightly to $1,800, keeps Buy as aftermarket growth cools Feb 4, 2026 UBS Holds Neutral on Electronic Arts as Battlefield 6 Boosts Quarterly Results Feb 4, 2026 UBS Raises DaVita Target to $190, Cites Elevated 2026 EPS Outlook Feb 4, 2026 UBS Boosts FedEx Price Target to $412, Cites Pricing Levers and Cost Cuts Feb 4, 2026 DA Davidson Lifts Almonty Industries Price Target to $18 as Tungsten Dynamics Shift Feb 4, 2026