Xperi HoldingNASDAQ: XPER

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Xperi (XPER) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

SAN JOSE, Calif.--(BUSINESS WIRE)--Today TiVo, a wholly owned subsidiary of entertainment technology company Xperi Inc. (NYSE: XPER), found in its Q2 2024 Video Trends Report that consumers are pulling back on entertainment spending as the industry works to rebalance and bundle its current entertainment offerings. In 2020, entertainment consumption and spending surged as the pandemic limited consumer activities outside of the home. Now the pendulum is swinging back as consumers are hit with ong.

The mean of analysts' price targets for Xperi (XPER) points to an 118.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Xperi (XPER) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

SAN JOSE, Calif.--(BUSINESS WIRE)--DTS, Inc., a global leader in next-generation audio and a wholly owned subsidiary of Xperi Inc. (NYSE: XPER), announces DTS Clear Dialogue, a new on-device solution that leverages the latest advancements in AI-based audio processing to improve dialogue intelligibility for TV audio, delivering a more engaging and personalized audio experience for consumers at home. DTS Clear Dialogue addresses one of the biggest audio complaints from consumers — not being able.

Xperi (XPER) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Amazon has reached an agreement to acquire chip maker and AI model compression technology company Perceive, a San Jose, Calif.

Xperi has reported Q2 2024 results, missing revenue estimates but beating earnings expectations. Xperi operates in various markets including connected car software, consumer electronics, and Pay TV. Recent financial trends show declining revenue, high R&D expenses, and negative earnings.

The heavy selling pressure might have exhausted for Xperi (XPER) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.