| Wednesday | ||||
NXP Semiconductors N.V. … NXP Semiconductors N.V. announced the availability of its 2nd generation of comprehensive Airfast RF power Multi-Chip Modules designed to support the evolution of 5G mMIMO active antenna system requirements for cellular base stations. NXP said: "Focused on accelerating the coverage of 5G, the new all-in-one power amplifier module family is based on NXP's latest LDMOS technology that offers higher output power, extended frequency coverage, and higher efficiency-all within the same footprint as NXP's previous generation of MCMs." | ||||
| Over a week ago | ||||
In a regulatory filing,… In a regulatory filing, NXP Semiconductors disclosed that its CEO Kurt Sievers sold 10K shares of common stock on November 24th in a total transaction size of $1.58M. The holding represents about 17% of his total owned. | ||||
In a regulatory filing,… In a regulatory filing, NXP Semiconductors disclosed that its chairman Peter Bonfield sold 12K shares of common stock on November 24th in a total transaction size of $1.90M. The holding represents about 45% of his total owned. | ||||
GuardKnox announced its… GuardKnox announced its partnership with NXP Semiconductors and Green Hills Software. The companies will collaborate to develop a secure automotive platform targeting next-generation zonal E/E architecture, enabling commercial deployment for software-defined and service-oriented vehicles. The innovative platform will empower global OEMs and Tier-1 suppliers with a flexible, efficient solution designed to overcome current technological challenges such as integrating the hardware and software required for delivering advanced features and functionalities for the next generation of vehicles. The unified platform targets new zonal vehicle architectures that consolidate services that have traditionally been performed by multiple, dedicated functional domain platforms. This will simplify wiring harnesses which lowers vehicle weight and cost and enable scalability and enhancements in the future through software over-the-air updates. | ||||
NXP Semiconductors (NXPI)… NXP Semiconductors (NXPI) has announced a strategic relationship with Amazon (AMZN) Web Services, or AWS, focused on extending the opportunities of connected vehicles. The collaboration aims to deliver an edge-to-cloud compute solution for next-generation vehicles that can enable new cloud-powered services to benefit carmakers, their business partners and consumers alike. Data will fuel future vehicle innovations as the automotive industry shifts focus from horsepower to compute power. This transformation has the potential to deliver valuable vehicle insights and drive new data-driven service revenue. The company said expanded access to real-time, vehicle-wide data, secure connectivity to cloud services and machine learning, or ML, can accelerate the shift and enable intelligent vehicles that improve over their lifetime through remote updates. The integration of AWS edge and cloud services with NXP's new S32G vehicle network processor for service-oriented gateways addresses the challenge. | ||||
| Over a month ago | ||||
Credit Suisse analyst… Credit Suisse analyst John Pitzer raised the firm's price target on NXP Semiconductors to $175 from $150 and keeps an Outperform rating on the shares. The analyst notes that the company reported Q3 in-line and guided Q4 well above expectations driven by cyclical rebound in Autos helped by NXP specific product drivers in Autos, Mobile and IoT. | ||||
KeyBanc analyst John Vinh… KeyBanc analyst John Vinh raised the firm's price target on NXP Semiconductors to $160 from $150 and keeps an Overweight rating on the shares. The analyst notes that the company has posted strong Q3 results, which were in line with its positive preannouncement, and guided Q4 higher driven by the continued robust recovery in auto, which grew 43% quarter-over-quarter in Q3 and is expected to grow over 20% quarter-over-quarter in Q4. | ||||
Deutsche Bank analyst… Deutsche Bank analyst Ross Seymore raised the firm's price target on NXP Semiconductors to $160 from $150 and keeps a Buy rating on the shares. NXP delivered "sizable upside" to its original Q3 guidance but "more impressively" beat on the Q4 outlook, driven by continuation of growth in auto and mobile, Seymore tells investors in a research note. | ||||
Mizuho analyst Vijay… Mizuho analyst Vijay Rakesh raised the firm's price target on NXP Semiconductors to $155 from $152 and keeps a Buy rating on the shares. The company offered "strong" December quarter guidance as autos, industrial and mobile continue to rebound, Rakesh tells investors in a research note. | ||||
Citi analyst Christopher… Citi analyst Christopher Danely raised the firm's price target on NXP Semiconductors to $140 from $135 and keeps a Neutral rating on the shares following the company's Q3 results. The analyst raised estimates on the beat but says NXP continues to have lower growth in revenue and earnings compared to peers. | ||||