Xperi Inc, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Hamed Khorsand from BWS Financial maintained a Buy rating on the stock and has a $12.00 price target.
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Hamed Khorsand has given his Buy rating due to a combination of factors that highlight Xperi Inc.’s potential for future growth. Despite a challenging macroeconomic environment that has led to a reduction in production volumes by Xperi’s customers, the company has shown resilience. The second quarter revenue was reported at $105.9 million, with the TiVo One platform experiencing a growing user base, which is expected to contribute to increased revenue and free cash flow in the latter half of 2025.
Khorsand’s rating is also influenced by the company’s guidance, which suggests an improvement in adjusted EBITDA compared to the previous year. This metric is considered more indicative of Xperi’s progress towards achieving positive free cash flow, despite the underperformance in the pay TV segment. The company’s financial position, with significant cash and securities relative to its debt, further supports the Buy rating, indicating a strong foundation for future growth.
According to TipRanks, Khorsand is a 5-star analyst with an average return of 8.1% and a 53.39% success rate. Khorsand covers the Technology sector, focusing on stocks such as Innodata, Xperi Inc, and Adeia.
In another report released today, Craig-Hallum also maintained a Buy rating on the stock with a $9.00 price target.