BWS Financial analyst Hamed Khorsand has maintained their bullish stance on XPER stock, giving a Buy rating on November 6.
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Hamed Khorsand has given his Buy rating due to a combination of factors that suggest potential growth for Xperi Inc. Despite the company’s recent achievements not directly boosting revenue, there is optimism surrounding the future development of their DTS AutoStage platform, which could enhance their market position in the coming year.
Additionally, Xperi Inc. is undertaking significant cost-cutting measures, including a reduction of approximately 15% of its workforce, which is expected to lead to savings in 2026. Although these upfront costs may temporarily impact cash flow, the long-term benefits are anticipated to improve the company’s financial health. Furthermore, Xperi’s third-quarter revenue slightly exceeded expectations, indicating a positive trajectory that supports the Buy rating.
Khorsand covers the Technology sector, focusing on stocks such as Adeia, Ubiquiti Networks, and Immersion. According to TipRanks, Khorsand has an average return of 14.5% and a 57.17% success rate on recommended stocks.
In another report released on November 6, Craig-Hallum also maintained a Buy rating on the stock with a $9.00 price target.