12:35 PM EDT, 04/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our 12-month target to $212 from $250 on a P/E of 15x our 2026 EPS view, near historical to reflect our view of bottoming fundamentals, offset by geopolitical risks. After in-line Q1 results, we cut our 2025 EPS to $11.58 from $12.70 and 2026 to $14.12 from $15.60 to reflect greater uncertainty about automotive end demand. Despite our concerns, we think content growth remains intact, as NXPI focuses on accelerated markets that should sustain at least mid-single-digit growth through semiconductor cycles. We also like efforts to expand its software-defined vehicle platforms through its CoreRide vision, which we expect will also support a more favorable margin profile in the coming years. Although we believe that investors are disappointed by the planned retirement of CEO Kurt Sievers (effective October 2025), we think NXPI is being left in good hands with Rafael Sotomayor taking the helm. Sotomayor has been with NXPI for over a decade and has more than 30 years of semiconductor industry experience.