B.Riley Financial analyst Eric Wold reiterated a Buy rating on Xperi (NASDAQ:XPER) on Friday, setting a price target of $33, which is approximately 65.17% above the present share price of $19.98.
Wold expects Xperi to post earnings per share (EPS) of -$0.28 for the fourth 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 $28.
The analysts price targets range from a high of $33 to a low of $25.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $202.8 million and a net profit of -$10.44 million. The company's market cap is $2.06 billion.
According to TipRanks.com, B.Riley Financial analyst Eric Wold is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.8% and a 51.97% 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.