Xperi (NYSE:XPER) Posts Earnings Results, Beats Estimates By $0.07 EPS

Xperi (NYSE:XPER) released its quarterly earnings results on Wednesday. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.21 by $0.07, FiscalAI reports. Xperi had a positive return on equity of 4.04% and a negative net margin of 7.12%.The firm had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.66 million.

Here are the key takeaways from Xperi’s conference call:

• Second-quarter revenue rose 8% year over year to $114 million, while non-GAAP adjusted EBITDA increased more than 60% to $24 million, reaching 21% of revenue. Non-GAAP EPS more than doubled to $0.28, and operating cash flow was $15 million.
• Media Platform revenue grew 44% to $18 million, with advertising and related revenue up 54%. TiVo ONE reached 6.3 million monthly active users, and management expects year-end ARPU to exceed $10 as advertising monetization accelerates.
• Connected Car momentum remained strong, with the AutoStage footprint growing 42% to more than 17 million vehicles across 13 brands; BYD became the 14th automotive OEM. Xperi also signed Cumulus as the first customer for its data-driven Broadcaster Portal, creating a new automotive analytics monetization opportunity.
• Pay TV revenue declined 11% year over year to $45 million as the legacy business contracted, although IPTV revenue rose 10% to $26 million. Management expects IPTV growth to offset legacy declines only around mid-2027 to mid-2028.
• The company raised its 2026 capital-expenditure outlook to approximately $25 million from $15 million-$20 million because of persistent memory-market issues and higher equipment costs. Advertising and related revenue currently carries an 8% negative gross margin, though management expects it to turn positive in 2027.

Xperi Stock Performance

Shares of NYSE XPER traded up $0.22 during midday trading on Friday, reaching $7.08. 219,860 shares of the stock were exchanged, compared to its average volume of 422,241. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.10. The firm has a 50-day simple moving average of $7.77 and a two-hundred day simple moving average of $6.78. Xperi has a twelve month low of $5.07 and a twelve month high of $8.75. The firm has a market cap of $341.75 million, a price-to-earnings ratio of -10.11 and a beta of 1.43.

Key Headlines Impacting Xperi

Here are the key news stories impacting Xperi this week:

• Positive Sentiment: Second-quarter earnings and revenue beat estimates: Xperi reported adjusted earnings of $0.28 per share versus the $0.21 consensus estimate, while revenue of $114.49 million exceeded expectations of $112.66 million. Earnings also improved from $0.11 per share a year earlier. Xperi Second Quarter 2026 Results
• Positive Sentiment: Operating momentum remains a focus: Management highlighted growth in the company’s platform footprint and revenue, including positive momentum for DTS AutoStage and other connected-TV and automotive products. Xperi is targeting TiVo One average revenue per user above $10, which could improve monetization if achieved. Xperi Reports Revenue Increase in Q2
• Positive Sentiment: Analyst support increased: Rosenblatt Securities reaffirmed its “buy” rating and assigned a $10 price target, implying substantial upside from the recent trading level. Rosenblatt Securities rating update
• Positive Sentiment: 2026 revenue visibility was updated: Xperi provided an update to its minimum-guarantee revenue guidance following the earnings call, potentially giving investors more clarity around contracted or highly visible revenue. Xperi Updates Minimum-Guarantee Revenue Guidance
• Neutral Sentiment: Xperi announced its participation in the BWS Financial Growth and Value Summer Investor Series, providing an opportunity for management to discuss its strategy with investors but offering no immediate financial impact. Xperi Investor Series Participation
• Negative Sentiment: Investment and profitability remain concerns: Xperi plans to increase 2026 capital expenditures to approximately $25 million to support growth. The company also continues to report a negative net margin, so investors will look for evidence that platform expansion ultimately produces sustainable profits. Xperi TiVo One ARPU and Capital Expenditure Update

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC purchased a new stake in shares of Xperi during the 4th quarter worth about $327,000. Invesco Ltd. boosted its position in Xperi by 3.4% during the fourth quarter. Invesco Ltd. now owns 72,959 shares of the company’s stock worth $428,000 after purchasing an additional 2,397 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Xperi during the fourth quarter worth approximately $93,000. Oxford Asset Management LLP acquired a new stake in Xperi in the fourth quarter valued at approximately $141,000. Finally, Millennium Management LLC increased its position in shares of Xperi by 66.7% in the fourth quarter. Millennium Management LLC now owns 54,090 shares of the company’s stock valued at $317,000 after buying an additional 21,640 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on XPER shares. Zacks Research raised shares of Xperi from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen lowered shares of Xperi from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. BWS Financial reissued a “buy” rating and issued a $12.00 price objective on shares of Xperi in a research report on Monday, June 22nd. Rosenblatt Securities reissued a “buy” rating and set a $10.00 target price on shares of Xperi in a research report on Thursday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Xperi in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.00.

About Xperi

Xperi Inc (NYSE: XPER) is a global technology company that develops and licenses audio, imaging and semiconductor packaging solutions. The company was formed in 2016 through the spin-off of Tessera Technologies’ product divisions and expanded its product portfolio in 2019 with the acquisition of TiVo Corporation. Headquartered in San Jose, California, Xperi’s technologies underpin a range of consumer electronics, automotive, mobile and broadcast products around the world.

In its technology licensing segment, Xperi offers a broad portfolio of semiconductor packaging and interconnect solutions designed to improve performance and energy efficiency in chips and devices.