Xperi Inc.’s Promising Financial Trajectory: Buy Rating Affirmed by Hamed Khorsand

In a report released today, Hamed Khorsand from BWS Financial maintained a Buy rating on Xperi Inc (XPER – Research Report), with a price target of $30.00.

Hamed Khorsand has given his Buy rating due to a combination of factors that highlight Xperi Inc.’s promising financial trajectory. The company has made notable progress in the first quarter, achieving significant milestones such as reaching 2.5 million TiVo One users, 11 million connected cars, and 2.75 million IPTV users. These advancements indicate a solid path towards generating positive free cash flow.
Moreover, Xperi’s revenue growth is driven by an increasing user base across its platforms, which is expected to enhance monetization efforts. The company’s first-quarter revenue was slightly below forecast but still impressive, and its non-GAAP net income surpassed expectations. Khorsand anticipates that Xperi’s revenue will start producing positive cash flow from operations by the second quarter of 2025, with a net positive effect on the balance sheet projected for 2026.