Xperi Inc. (XPER) Stock Price & How to Invest

Xperi Inc. is a consumer and entertainment technology company spun off from Xperi Holding Corporation (now Adeia Inc., the IP licensing business) in October 2022. The company provides technology platforms primarily for connected TV and entertainment, automotive infotainment, and various consumer electronics applications. The largest product line is the TiVo platform, including TiVo OS (the smart TV operating system used by TV manufacturers and pay-TV operators), TiVo metadata, and TiVo personalized content discovery.

Xperi's other businesses include DTS (audio technology, including DTS:X immersive audio and HD Radio), IMAX Enhanced, and various consumer technology brands. The automotive infotainment business includes connected car and in-vehicle entertainment technology used by automakers. The 2022 separation from Adeia separated the operating company (Xperi) from the IP licensing legacy (Adeia), creating two pure-play entities. Headquartered in San Jose, California. Jon Kirchner has been CEO since the separation.

The October 2026 picture is a business inching toward GAAP breakeven while its stock sits near a 52-week low. Trailing revenue is ~$457 million and the trailing GAAP net loss ~$33 million, but the quarterly losses have narrowed: from ~$17 million in the fourth quarter of 2025 to ~$7.8 million in the first quarter of 2026 and ~$1.5 million in the second, on revenue of ~$114.5 million that grew ~8% year over year. Adjusted EPS of $0.28 beat a ~$0.21 consensus, the fourth straight quarter ahead of estimates. The advertising side is where the growth shows: TiVo One, the ad platform across TiVo-powered screens, passed 6.3 million monthly active users in October 2026, up about 70%, and in September TiVo added Agent TiVo, a conversational AI discovery feature, while Element brought TiVo-powered smart TVs to major US retailers. The shares closed at ~$5.03 on October 16, 2026, down ~34% over three months, against a 52-week range of ~$4.94 to ~$8.75.

TiVo OS adoption pace is uncertain; competition from Google TV and Roku is intense. Pay-TV decline pressures part of the legacy business. Smaller capitalization with limited institutional float. The market has not rewarded the improving quarters: the stock is down ~34% over three months and trades near its 52-week low as of October 2026, and analysts expect third quarter adjusted EPS of about $0.17, below the prior-year level, on revenue of ~$111 million when results arrive on November 4, 2026.

5 analysts publish price targets on XPER, averaging $11.40 against a $4.98 price as of October 2026, or +128.9%. The published targets run from $10.00 to $13.00, a narrow spread, and the ratings split 5 buy, 0 hold, 0 sell. Over the last six months there have been 0 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full XPER forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Xperi Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. TiVo OS adoption by TV manufacturers. TiVo OS is being adopted by smart TV manufacturers as an alternative to Google TV, Roku TV, and Amazon Fire TV. The most optimistic published target, $13.00, assumes this works close to its best case.

The case against. TiVo OS adoption pace is uncertain; competition from Google TV and Roku is intense. The most pessimistic target, $10.00, is roughly what XPER is worth if this bites instead.

Read the full bull and bear case on XPER, including what would have to change to break either one. Walnut is not an investment adviser.

No. Xperi Inc. (XPER) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Xperi Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$457 million; Q2 2026 ~$114.5 million, up ~8% YoY
• Margins: gross ~72%, operating ~3%, net ~-7%
• Net income (TTM): GAAP loss of ~$33 million; Q2 2026 loss narrowed to ~$1.5 million
• EPS: GAAP trailing ~-$0.69; Q2 2026 adjusted $0.28 vs ~$0.21 expected
• P/E: trailing not meaningful; ~3.8x forward (2027 consensus ~$1.34)
• Market cap and P/S: ~$245 million, ~0.5x sales
• Dividend yield: None
• TiVo One monthly active users: 6.3 million+, up ~70% (October 2026)

Xperi trades at about half a times sales and under four times 2027 consensus EPS, a valuation that prices substantial doubt about whether adjusted profits turn into durable GAAP earnings. The quarterly loss has nearly closed and free cash flow is positive, yet the stock fell ~34% in three months. Third quarter results are due November 4, 2026, with consensus at ~$0.17 of adjusted EPS on ~$111 million of revenue.

Other names that sit close to XPER: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get XPER exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so XPER sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where XPER fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Xperi (XPER) hinges on TiVo OS scaling its advertising-driven recurring revenue and automotive infotainment growth while the legacy pay-TV business declines. In a portfolio it behaves as a smaller, high-volatility speculative satellite with limited institutional float, valued on path-to-profitability rather than current near-breakeven GAAP earnings. By October 2026 the operating numbers had improved (second quarter revenue up ~8% with non-GAAP EPS ahead of estimates) while the stock kept falling, so the gap between adjusted profitability and the share price is itself the debate.

Whether XPER is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is XPER a buy or a sell?, and where the stock could go from here in the XPER stock forecast.

For income investors, whether XPER pays a dividend and how the payout looks is covered in does XPER pay a dividend? And to weigh XPER against a peer, read the full side-by-side comparisons: XPER vs GOOGL and XPER vs ROKU.