BWS Financial Has Pessimistic Outlook of Adeia Q2 Earnings

Adeia Inc. (NASDAQ:ADEA - Free Report) - Analysts at BWS Financial decreased their Q2 2025 earnings per share (EPS) estimates for Adeia in a research report issued on Tuesday, May 6th. BWS Financial analyst H. Khorsand now forecasts that the company will earn $0.14 per share for the quarter, down from their previous estimate of $0.27. BWS Financial has a "Buy" rating and a $18.00 price target on the stock. The consensus estimate for Adeia's current full-year earnings is $1.09 per share. BWS Financial also issued estimates for Adeia's Q3 2025 earnings at $0.25 EPS and Q4 2025 earnings at $0.45 EPS.

Other equities research analysts have also issued research reports about the company. Maxim Group raised their price objective on Adeia from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Wednesday, February 19th. Rosenblatt Securities restated a "buy" rating and set a $17.00 price target on shares of Adeia in a research report on Tuesday, May 6th.

Adeia Stock Down 1.3%

Shares of NASDAQ:ADEA traded down $0.18 during mid-day trading on Friday, hitting $13.84. 365,513 shares of the company traded hands, compared to its average volume of 537,894. The company has a debt-to-equity ratio of 1.15, a quick ratio of 3.53 and a current ratio of 3.53. The firm's 50 day simple moving average is $12.91 and its 200 day simple moving average is $13.23. The firm has a market cap of $1.50 billion, a P/E ratio of 24.28 and a beta of 1.57. Adeia has a 52-week low of $9.68 and a 52-week high of $17.46.

Adeia (NASDAQ:ADEA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. The firm had revenue of $119.17 million during the quarter, compared to analyst estimates of $114.22 million. Adeia had a net margin of 17.19% and a return on equity of 32.81%. During the same quarter in the prior year, the business posted $0.27 earnings per share.

Adeia Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, May 27th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.45%. Adeia's dividend payout ratio is 30.30%.

Institutional Investors Weigh In On Adeia

Hedge funds and other institutional investors have recently made changes to their positions in the company. Summit Global Investments boosted its holdings in Adeia by 1.9% in the 1st quarter. Summit Global Investments now owns 50,475 shares of the company's stock valued at $667,000 after purchasing an additional 931 shares during the period. Picton Mahoney Asset Management raised its holdings in shares of Adeia by 52.1% in the fourth quarter. Picton Mahoney Asset Management now owns 2,836 shares of the company's stock valued at $39,000 after buying an additional 972 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Adeia by 5.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,441 shares of the company's stock worth $272,000 after buying an additional 989 shares in the last quarter. Kendall Capital Management lifted its stake in shares of Adeia by 3.1% during the first quarter. Kendall Capital Management now owns 34,401 shares of the company's stock valued at $455,000 after acquiring an additional 1,050 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Adeia by 14.2% in the 1st quarter. Nisa Investment Advisors LLC now owns 8,565 shares of the company's stock valued at $113,000 after purchasing an additional 1,062 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

About Adeia

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.