Deutsche Bank analysts shared their views on NXP Semiconductors N.V. (NASDAQ:NXPI) ahead of Q1 results, expecting the company to deliver another solid quarter, but acknowledge the risk for an incrementally weaker Q2 guidance given ongoing uncertainties from China covid lockdowns.

With this said, the analysts believe these fears may be somewhat overblown, as demand strength ex-China has persisted and may help to absorb some of the blow. Overall, the analysts expect the company to maintain its generally bullish tone around the sustainability of demand, with plenty of co-specific drivers to drive content/revenue/profit growth independent of the growth of the underlying markets.