In a report released today, Jason Kreyer from Craig-Hallum maintained a Buy rating on Xperi Inc (XPER – Research Report). The company’s shares closed yesterday at $11.15.
According to TipRanks, Kreyer is an analyst with an average return of -3.8% and a 33.53% success rate. Kreyer covers the Technology sector, focusing on stocks such as comScore, Zeta Global Holdings Corp, and Cardlytics.
Currently, the analyst consensus on Xperi Inc is a Strong Buy with an average price target of $21.00.
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Based on Xperi Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $126.87 million and a GAAP net loss of $38.4 million. In comparison, last year the company earned a revenue of $234.02 million and had a GAAP net loss of $5.59 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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