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Xperi Inc (XPER) Receives a Buy from Craig-Hallum
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Xperi Inc (XPER) Receives a Buy from Craig-Hallum

In a report released today, Eric Des Lauriers from Craig-Hallum maintained a Buy rating on Xperi Inc (XPERResearch Report). The company’s shares opened today at $12.71.

According to TipRanks, Des Lauriers is a 3-star analyst with an average return of 4.6% and a 37.50% success rate. Des Lauriers covers the Consumer Cyclical sector, focusing on stocks such as GrowGeneration, Green Thumb Industries, and Purple Innovation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xperi Inc with a $20.00 average price target.

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Based on Xperi Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $126.84 million and a GAAP net loss of $32.94 million. In comparison, last year the company earned a revenue of $257.42 million and had a net profit of $24.98 million

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Xperi Inc invents, develops, and delivers technologies that enable experiences. In the home, in the car, and on the go, it manages content and connections. Its offering comprises a portfolio of software and services. Its business is divided into four categories based on the products delivered and customers served: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions.

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