NXP Semiconductor Shares Are Rallying Tuesday After Hours: Here's Why

NXP Semiconductors NV (NASDAQ:NXPI) shares are trading higher after the company reported first-quarter financial results Tuesday after market close.

• NXP Semiconductors stock is at critical resistance. What’s behind NXPI new highs?

Here are the key highlights.

NXP Q1 Earnings

NXP reported first-quarter revenue of $3.18 billion, up 12% year-over-year. The revenue total beat a Street consensus estimate of $3.16 billion, according to data from Benzinga Pro.

The company reported quarterly earnings per share of $3.05, beating a Street consensus estimate of $2.95.

For quarterly revenue, Automotive was the biggest segment at $1.78 billion, followed by Industrial & IOT at $628 million and Mobile at $391 million. These three segments were up 6%, 24% and 16% respectively on a year-over-year basis.

"Our growth reflects sustained investment, disciplined execution and growing customer adoption of our differentiated portfolio, particularly in industrial and automotive processing that supports software-defined vehicles and physical AI," NXP Semiconductors CEO Rafael Sotomayor said.

What's Next For NXP Semiconductors

The company is guiding for second-quarter revenue of $3.35 billion to $3.55 billion versus a Street consensus estimate of $3.27 billion, according to data from Benzinga Pro.

The company's guidance represents year-over-year growth of 14% to 21%.

NXP is guiding for second-quarter adjusted earnings per share in a range of $3.29 to $3.72, versus a Street consensus estimate of $3.17.

"The momentum we have built is expected to accelerate through the remainder of 2026, with progress increasingly extending across the core of our business," Sotomayor said.

NXPI Stock Price Action

NXP stock is up 15.8% to $266.66 in after-hours trading on Tuesday, versus a 52-week trading range of $176.26 to $256.36.

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