Shares of spiked Friday on a report the digital entertainment company has received buyout bids.
The Street reports several private equity buyers have expressed interest in a deal that would value the company at around $2.5 billion, citing anonymous sources.
The buyers reportedly offered just more than $20 a share, a significant markup from the $15 level they were trading at Friday morning.
The surge Friday is the first significant uptick this month for the stock. It's down more than 20 percent year to date.
TiVo did not immediately respond to a request for comment.