# NXP Semiconductors NV (NASDAQ:NXPI) reported upbeat first-quarter financial results Tuesday after market close.

*business · news · 2026-04-29 · Benzinga*

## Key points

- NXP Semiconductors' Q1 2024 revenue grew 12% year-over-year, beating consensus expectations.
- NXP's Q2 revenue guidance of $3.35-3.55 billion is above the Street's $3.27 billion consensus.
- NXP's Q2 adjusted EPS guidance of $3.29-3.72 surpasses analysts’ consensus of $3.17.
- Analysts at Needham and Stifel raised their price targets on NXPI following the earnings announcement.

**Companies:** NXP Semiconductors NV

[Read the full story on Benzinga](https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/52126496/nxp-semiconductors-analysts-boost-their-forecasts-following-upbeat-q1-earnings)

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