Related posts
Unrest in China rattles marketsStocks and oil fade ahead of inflation data2 Booming EV Stocks to RideThis summary was created by AI, based on 3 opinions in the last 12 months.
The reviews from different experts provide mixed opinions on the stock of NXP Semiconductors (NXPI-Q). While one expert expresses concerns about the slowdown in the car business and challenges ahead, another sees potential due to low car dealer inventories and high car ages indicating future demand. The third expert acknowledges the impact of recession fears and auto workers' strike threats but also notes a solid quarter and guidance. Overall, the stock faces uncertainties related to the automotive industry but also has potential upside based on demand and company performance.
The car business is slowing a lot. NXPI is exposed 57% to semis in cars. Challanges lie ahead and expecations are muted.
50% of business is in cars, so given the auto strikes shares are now cheaper than they should be. Inventories on car dealer lots is low, and car ages are high. So demand will be there. He likes the set up.
Down 10% this month. Half of business comes from cars, and 21% from industrials, both pressured by recession fears. Threats of an auto workers' strike doesn't help, but a strike won't last very long--Washington will force both sides to talk. They just reported a solid quarter and guidance.
Sells a lot of chips to the car industry, and the company is well run.
NXP Semiconductors is a American stock, trading under the symbol NXPI-Q on the NASDAQ (NXPI). It is usually referred to as NASDAQ:NXPI or NXPI-Q
In the last year, 1 stock analyst published opinions about NXPI-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NXP Semiconductors.
NXP Semiconductors was recommended as a Top Pick by on . Read the latest stock experts ratings for NXP Semiconductors.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered NXP Semiconductors In the last year. It is a trending stock that is worth watching.
On 2024-11-04, NXP Semiconductors (NXPI-Q) stock closed at a price of $236.9.
They report today. It won't be a slam dunk, but there's potential for bad news due to soft demand for EVs which require a lot of chips. So, does NXP have enough strength in supplying gas-powered cars (sales are healthy) to offset weakness in EVs? There could be upside surprise.