# Jefferies raised the firm’s price target on NXP Semiconductors to $300 from $265 and keeps a Buy rating on the shares.

*semiconductor · news · 2026-04-29 · Markets Insider*

## Key points

- Jefferies raised NXP Semiconductors' price target to $300 from $265.
- NXP now expects data center revenue to reach $500M this year.
- The Industrial & IoT business reported standout revenue of $628M.
- Jefferies sees potential for NXP's stock multiple to catch up following underperformance.

**Companies:** NXP Semiconductors

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/nxp-semiconductors-price-target-raised-to-300-from-265-at-jefferies-1036077007)

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