The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how the analog semiconductors stocks have fared in Q4, starting with Impinj (NASDAQ:PI).

Demand for analog chips is generally linked to the overall level of economic growth, as analog chips serve as the building blocks of most electronic goods and equipment. Unlike digital chip designers, analog chip makers tend to produce the majority of their own chips, as analog chip production does not require expensive leading edge nodes. Less dependent on major secular growth drivers, analog product cycles are much longer, often 5-7 years.

The 15 analog semiconductors stocks we track reported a weaker Q4; on average, revenues were in line with analyst consensus estimates while next quarter's revenue guidance was 3.6% below consensus. Stocks have been under pressure as inflation (despite slowing) makes their long-dated profits less valuable, but analog semiconductors stocks held their ground better than others, with the share prices up 2% on average since the previous earnings results.

Impinj (NASDAQ:PI)

Founded by Caltech professor Carver Mead and one of his students Chris Diorio, Impinj (NASDAQ:PI) is a maker of radio-frequency identification (RFID) hardware and software.

Impinj reported revenues of $70.65 million, down 7.8% year on year, topping analyst expectations by 1.5%. It was a decent quarter for the company, with a significant improvement in its inventory levels but a decline in its operating margin.

“2023 was another year of solid growth despite market headwinds, with annual revenue crossing the $300 million threshold for the first time,” said Chris Diorio, Impinj co-founder and CEO.

The stock is up 20.7% since the results and currently trades at $128.56.

Is now the time to buy Impinj? Access our full analysis of the earnings results here, it's free.

Best Q4: Himax (NASDAQ:HIMX)

Taiwan-based Himax Technologies (NASDAQ:HIMX) is a leading manufacturer of display driver chips and timing controllers used in TVs, laptops, and mobile phones.

Himax reported revenues of $227.7 million, down 13.2% year on year, in line with analyst expectations. It was a very strong quarter for the company, with a significant improvement in its inventory levels.

The stock is down 3.3% since the results and currently trades at $5.46.

Is now the time to buy Himax? Access our full analysis of the earnings results here, it's free.

Weakest Q4: Texas Instruments (NASDAQ:TXN)

Headquartered in Dallas, Texas since the 1950s, Texas Instruments (NASDAQ:TXN) is the world’s largest producer of analog semiconductors.

Texas Instruments reported revenues of $4.08 billion, down 12.7% year on year, falling short of analyst expectations by 1.4%. It was a weak quarter for the company, with underwhelming revenue guidance for the next quarter and a miss of analysts' revenue estimates.

The stock is down 0.7% since the results and currently trades at $173.17.

Read our full analysis of Texas Instruments's results here.

Skyworks Solutions (NASDAQ:SWKS)

Result of a merger of Alpha Industries and the wireless communications division of Conexant, Skyworks Solutions (NASDAQ: SWKS) is a designer and manufacturer of chips used in smartphones, autos, and industrial applications to amplify, filter, and process wireless signals.

Skyworks Solutions reported revenues of $1.20 billion, down 9.6% year on year, falling short of analyst expectations by 0.2%. It was a weaker quarter for the company, with revenue falling short of analysts' expectations and a decline in its operating margin.

The stock is up 3.4% since the results and currently trades at $107.8.

Read our full, actionable report on Skyworks Solutions here, it's free.

NXP Semiconductors (NASDAQ:NXPI)

Spun off from Dutch electronics giant Philips in 2006, NXP Semiconductors (NASDAQ: NXPI) is a designer and manufacturer of chips used in autos, industrial manufacturing, mobile devices, and communications infrastructure.

NXP Semiconductors reported revenues of $3.42 billion, up 3.3% year on year, in line with analyst expectations. It was a slower quarter for the company, with underwhelming revenue guidance for the next quarter.

NXP Semiconductors achieved the fastest revenue growth among its peers. The stock is up 11.4% since the results and currently trades at $246.28.

Read our full, actionable report on NXP Semiconductors here, it's free.

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