NASDAQ:ADEA

Adeia (ADEA) Stock Price, News & Analysis

$9.93
-0.08 (-0.80%)
(As of 05/3/2024 ET)
Today's Range
$9.90
$10.25
50-Day Range
$9.73
$11.59
52-Week Range
$7.12
$13.39
Volume
453,713 shs
Average Volume
386,566 shs
Market Capitalization
$1.08 billion
P/E Ratio
16.83
Dividend Yield
2.01%
Price Target
$15.67

Adeia MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.8% Upside
$15.67 Price Target
Short Interest
Healthy
3.32% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Adeia in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.57 out of 5 stars

Business Services Sector

1081st out of 1,878 stocks

Cable & Other Pay Television Services Industry

61st out of 108 stocks

ADEA stock logo

About Adeia Stock (NASDAQ:ADEA)

Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies. It also licenses consumer electronics manufacturers, which includes producers of smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; semiconductors, including providers of sensors, radio frequency components, memory, and logic devices; and social media companies that allow users to stream and upload user-generated content. The company licenses its innovations under the Adeia brand name. Adeia Inc. was formerly known as Xperi Corporation and changed its name to Adeia Inc. in December 2019. The company was incorporated in 2019 and is headquartered in San Jose, California.

ADEA Stock Price History

ADEA Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Adeia (ADEA) to Release Earnings on Monday
Adeia is Oversold
Adeia Inc. (ADEA)
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
ADEA Jun 2024 10.000 put
ADEA Apr 2024 12.500 call
Adeia: Connected TV, A New Samsung Connection, And Cheap
Adeia’s Strategic Growth and Strong Financials Prompt Buy Rating
Adeia Inc. (NASDAQ:ADEA) Q4 2023 Earnings Call Transcript
Adeia Inc. 2023 Q4 - Results - Earnings Call Presentation
Adeia's Earnings: A Preview
Is There Now An Opportunity In Adeia Inc. (NASDAQ:ADEA)?
Adeia (ADEA) to Report Q4 Earnings: What's in the Cards?
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/26 Dividend
3/11/2024
Dividend Payable
3/26/2024
Today
5/04/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Current Symbol
NASDAQ:ADEA
Employees
130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.67
High Stock Price Target
$16.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+57.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$67.37 million
Pretax Margin
20.57%

Debt

Sales & Book Value

Annual Sales
$388.79 million
Cash Flow
$2.26 per share
Book Value
$3.33 per share

Miscellaneous

Free Float
108,019,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
1.43
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Key Executives

  • Mr. Paul E. Davis (Age 49)
    CEO & Director
    Comp: $1.21M
  • Mr. Keith A. Jones (Age 54)
    Chief Financial Officer
    Comp: $713.34k
  • Mr. Kevin Tanji (Age 47)
    Chief Legal Officer & Corporate Secretary
    Comp: $632.71k
  • Dr. Mark Kokes (Age 51)
    Chief Licensing Officer & GM of Media
    Comp: $647.22k
  • Mr. Dana Escobar (Age 56)
    Chief Licensing Officer & GM of Semiconductor
    Comp: $576.6k
  • Mr. Serhad Doken
    Chief Technology Officer
  • Mr. Jarl Berntzen (Age 57)
    Chief Corporate Development Officer
  • Ms. Christina Sawyer
    Chief People Officer
  • Mr. Joseph Guiliano
    Chief intellectual property (IP) officer

ADEA Stock Analysis - Frequently Asked Questions

Should I buy or sell Adeia stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ADEA shares.
View ADEA analyst ratings
or view top-rated stocks.

What is Adeia's stock price target for 2024?

3 analysts have issued 1-year price objectives for Adeia's shares. Their ADEA share price targets range from $15.00 to $16.00. On average, they predict the company's share price to reach $15.67 in the next year. This suggests a possible upside of 57.8% from the stock's current price.
View analysts price targets for ADEA
or view top-rated stocks among Wall Street analysts.

How have ADEA shares performed in 2024?

Adeia's stock was trading at $12.39 at the beginning of the year. Since then, ADEA stock has decreased by 19.9% and is now trading at $9.93.
View the best growth stocks for 2024 here
.

When is Adeia's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our ADEA earnings forecast
.

How can I listen to Adeia's earnings call?

Adeia will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909.

How were Adeia's earnings last quarter?

Adeia Inc. (NASDAQ:ADEA) released its quarterly earnings results on Tuesday, February, 20th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. The business earned $86.87 million during the quarter, compared to analysts' expectations of $89.23 million. Adeia had a trailing twelve-month return on equity of 42.74% and a net margin of 17.33%.

How often does Adeia pay dividends? What is the dividend yield for Adeia?

Adeia declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Tuesday, March 12th will be paid a dividend of $0.05 per share on Tuesday, March 26th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Monday, March 11th.
Read our dividend analysis for ADEA
.

Is Adeia a good dividend stock?

Adeia (NASDAQ:ADEA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ADEA.

What ETFs hold Adeia's stock?
What guidance has Adeia issued on next quarter's earnings?

Adeia updated its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $380.0 million-$420.0 million, compared to the consensus revenue estimate of $406.0 million.

Who are Adeia's major shareholders?

Adeia's stock is owned by many different retail and institutional investors. Top institutional shareholders include TSP Capital Management Group LLC (0.95%), Principal Financial Group Inc. (0.55%), Mutual of America Capital Management LLC (0.41%), Allspring Global Investments Holdings LLC (0.10%), Yousif Capital Management LLC (0.04%) and Mirae Asset Global Investments Co. Ltd. (0.04%).
View institutional ownership trends
.

How do I buy shares of Adeia?

Shares of ADEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ADEA) was last updated on 5/4/2024 by MarketBeat.com Staff

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