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Upgrade: The Latest Revenue Forecasts For Xperi Holding Corporation (NASDAQ:XPER)

NASDAQ:XPER) shareholders will have a reason to smile today, with the covering analyst making substantial upgrades to this year’s forecasts. The analyst has sharply increased their revenue numbers, with a view that Xperi will make substantially more sales than they’d previously expected.” data-reactid=”19″>Xperi Holding Corporation (NASDAQ:XPER) shareholders will have a reason to smile today, with the covering analyst making substantial upgrades to this year’s forecasts. The analyst has sharply increased their revenue numbers, with a view that Xperi will make substantially more sales than they’d previously expected.

Following the upgrade, the most recent consensus for Xperi from its lone analyst is for revenues of US$689m in 2020 which, if met, would be a huge 102% increase on its sales over the past 12 months. Prior to the latest estimates, the analyst was forecasting revenues of US$383m in 2020. The consensus has definitely become more optimistic, showing a great increase in revenue forecasts.

View our latest analysis for Xperi ” data-reactid=”21″>View our latest analysis for Xperi

NasdaqGS:XPER Past and Future Earnings June 11th 2020

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analyst is definitely expecting Xperi’s growth to accelerate, with the forecast 102% growth ranking favourably alongside historical growth of 8.1% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 12% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Xperi to grow faster than the wider industry.

The Bottom Line

The highlight for us was that the analyst increased their revenue forecasts for Xperi this year. The analyst also expects revenues to grow faster than the wider market. Seeing the dramatic upgrade to this year’s forecasts, it might be time to take another look at Xperi.

discover the 3 other concerns we’ve identified, for free on our platform here. ” data-reactid=”37″>These earnings upgrades look like a sterling endorsement, but before diving in – you should know that we’ve spotted 5 potential concerns with Xperi, including a weak balance sheet. You can learn more, and discover the 3 other concerns we’ve identified, for free on our platform here.

analysis of Xperi’s Board and CEO remuneration and experience, and whether company insiders have been buying stock.” data-reactid=”38″>You can also see our analysis of Xperi’s Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Thank you for reading.” data-reactid=”39″>Love or hate this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected].

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Thank you for reading.

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