NXP Semiconductors NV
NXPI: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$569.00 | Ljd | Pnzncfmp |
NXP Earnings: Maintaining $240 Fair Value Estimate as Revenue Is Holding Up Relatively Well
Narrow-moat NXP Semiconductors reported solid fourth-quarter results and provided investors with a relatively upbeat first-quarter forecast. The firm’s prudent inventory management appears to be paying off as NXP may face a less severe inventory correction than some of its peers. We maintain our $240 fair value estimate and view shares as modestly undervalued.