Wells Fargo cuts target for NXP Semiconductors stock to USD 235.00

Published on 10/21/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NXP expects USD 3.77 billion in third-quarter revenue. NXP Semiconductors stock costs EUR 214.38 on October 21, 2026, 3.57 percent above Xetra close.

Analyst pressure before results

Wells Fargo lowered its target from USD 280.00 to USD 235.00 on October 20, 2026.
Second-quarter revenue reached USD 3.50 billion and adjusted earnings per share were USD 3.61 against USD 3.52 consensus.
NXP Semiconductors stock trades at EUR 214.38 at 9:04 a.m. CEST at Lang & Schwarz on October 21, 2026, 3.57 percent above the Xetra close of October 20, 2026.
Third-quarter results are scheduled for October 27, 2026.

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NXP Semiconductors (ISIN NL0009538784) was trading at EUR 214.38 at Lang & Schwarz on October 21, 2026 at 9:04 a.m. CEST, up 3.57 percent versus the Xetra close of October 20, 2026 at EUR 207.00. Wells Fargo lowered its price target for NXP from USD 280.00 to USD 235.00 on October 20, 2026, while keeping an Equal Weight rating, according to Markets Insider.

Results set the next test

The target cut arrives before NXP's scheduled third-quarter report. NXP Semiconductors said on October 6, 2026 that it will publish results after the Nasdaq close on October 27, 2026, followed by a conference call at 4:30 p.m. ET.

Consensus expectations remain demanding. Yahoo Finance reported on October 20, 2026 that analysts expected third-quarter revenue of USD 3.77 billion and earnings per share of USD 4.14, representing year-over-year growth of 18.8 percent and 33.1 percent, respectively, according to Yahoo Finance.

What does the target cut mean?

The counterweight is NXP's recent operating performance. For the second quarter of 2026, revenue rose 19.5 percent year over year to USD 3.50 billion, while earnings per share reached USD 3.61 versus USD 3.52 consensus, according to MarketBeat. That combination gives the October report a clear test: execution must keep pace with elevated earnings expectations while analysts reassess valuation.

Three milestones frame the setup

The recent chronology is compact. On July 29, 2026, NXP reported second-quarter earnings per share of USD 3.61 against USD 3.52 consensus and revenue of USD 3.50 billion, according to MarketBeat. On October 6, 2026, the company set October 27, 2026 for its third-quarter results, and on October 20, 2026, Wells Fargo cut its target to USD 235.00 from USD 280.00, as Markets Insider reported.

The next dates are October 27, 2026 for the third-quarter results and October 27, 2026 at 4:30 p.m. ET for the earnings call. NXP's automotive, industrial and Internet of Things exposure makes the revenue and earnings figures the main evidence for whether recent growth can continue.

Stock rises ahead of the report

NXP Semiconductors stock was trading at EUR 214.38 at Lang & Schwarz on October 21, 2026 at 9:04 a.m. CEST, 3.57 percent above the Xetra close of October 20, 2026 at EUR 207.00. The Nasdaq-listed company had a market capitalization of USD 59.9 billion as of October 20, 2026, with a 52-week range of USD 183.00 to USD 339.95.

The further course of trading is shown by the continuously updated real-time quote of NXP Semiconductors stock.