NXP posted Q1 2026 EPS $3.05 and revenue $3.18 bn, topping analyst expectations of $2.98 per share and $3.15 bn.
Shares jumped roughly 16% in pre‑market trading, while Bank of America lifted its price target to $275 from $230.
Guidance for Q2 2026 EPS $3.29‑$3.72 and revenue $3.35‑$3.55 bn, both ranges above consensus estimates.
CEO Rafael Sotomayor highlighted broad‑based improvement; CFO Bill Betz reaffirmed double‑digit revenue growth and gross‑margin target near 60%.