Adeia (ADEA) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ADEA shares.
View ADEA analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued twelve-month price objectives for Adeia's stock. Their ADEA share price forecasts range from $14.00 to $17.00. On average, they predict the company's share price to reach $15.67 in the next twelve months. This suggests a possible upside of 47.5% from the stock's current price.
View analysts price targets for ADEA or view top-rated stocks among Wall Street analysts.

Adeia's stock was trading at $9.48 on January 1st, 2023. Since then, ADEA stock has increased by 12.0% and is now trading at $10.62.
View the best growth stocks for 2023 here.

Adeia saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,450,000 shares, an increase of 13.4% from the August 31st total of 2,160,000 shares. Based on an average daily volume of 507,100 shares, the days-to-cover ratio is currently 4.8 days. Currently, 2.4% of the company's stock are short sold.
View Adeia's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ADEA earnings forecast.

Adeia Inc. (NASDAQ:ADEA) released its quarterly earnings data on Monday, August, 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. The company had revenue of $83.22 million for the quarter, compared to analysts' expectations of $84.17 million. Adeia had a negative net margin of 55.32% and a positive trailing twelve-month return on equity of 29.68%.

Adeia announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 28th will be given a dividend of $0.05 per share on Monday, September 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Friday, August 25th.
Read our dividend analysis for ADEA.

ETFs with the largest weight of Adeia (NASDAQ:ADEA) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Information Technology ETF (PSCT), Columbia Seligman Semiconductor and Technology ETF (SEMI), SPDR S&P Software & Services ETF (XSW), Royce Quant Small-Cap Quality Value ETF (SQLV) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).

Adeia (NASDAQ:ADEA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.90%.
Read our dividend analysis for ADEA.

Adeia issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $385.00 million-$415.00 million, compared to the consensus revenue estimate of $404.22 million.

Adeia trades on the NASDAQ under the ticker symbol "ADEA."

Adeia's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.30%), State Street Corp (3.88%), Dimensional Fund Advisors LP (2.76%), The Manufacturers Life Insurance Company (2.20%), Geode Capital Management LLC (2.03%) and Pacer Advisors Inc. (1.67%).

Shares of ADEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ADEA stock can currently be purchased for approximately $10.62.

Adeia (NASDAQ:ADEA) has a market capitalization of $1.13 billion and generates $438.93 million in revenue each year. The company earns $-295,880,000.00 in net income (profit) each year or ($2.80) on an earnings per share basis.

The company employs 130 workers across the globe.

Adeia's mailing address is 3025 ORCHARD PARKWAY, SAN JOSE CA, 95134. The official website for the company is www.xperi.com. The company can be reached via phone at 408-473-2500, via email at ir@xperi.com, or via fax at 408-321-8257.