B.Riley FBR analyst Eric Wold reiterated a Buy rating on Xperi (NASDAQ:XPER) Corporation on Tuesday, setting a price target of $35, which is approximately 134.90% above the present share price of $14.9.
Wold expects Xperi Corporation to post earnings per share (EPS) of $0.39 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Xperi, with an average price target of $25.33.
The analysts price targets range from a high of $35 to a low of $20.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $117.67 million and a net profit of $26.63 million. The company's market cap is $1.94 billion.
According to TipRanks.com, B.Riley FBR analyst Eric Wold is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.1% and a 34.73% success rate.
Xperi Corp. engages in creating, developing and licensing audio, imaging, semiconductor packaging and interconnect technologies. It operates through the following two segments: Product Licensing and Semiconductor & IP Licensing. The Product Licensing segment comprises of audio and imaging businesses, which licenses through the DTS, FotoNation, HD Radio, and IMAX (NYSE:IMAX) Enhanced brands. The Semiconductor & IP Licensing segment licenses semiconductor packaging and interconnects technologies and associated intellectual property. The company was founded in 1990 and is headquartered in San Jose, CA.