Adeia Stock Price, News & Analysis (NASDAQ:ADEA) $9.54 -0.09 (-0.93%) (As of 01:38 PM ET) Add Compare Share Share Today's Range$9.50▼$9.8450-Day Range$8.27▼$10.7352-Week Range$7.12▼$12.37Volume134,763 shsAverage Volume542,803 shsMarket Capitalization$1.02 billionP/E Ratio8.44Dividend Yield2.10%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Adeia MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside64.6% Upside$16.00 Price TargetShort InterestBearish2.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.29Based on 6 Articles This WeekInsider TradingSelling Shares$203,026 Sold Last QuarterProj. Earnings Growth1.56%From $1.28 to $1.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsBusiness Services Sector53rd out of 309 stocksCable & Other Pay Television Services Industry6th out of 20 stocks 3.5 Analyst's Opinion Consensus RatingAdeia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Adeia has a forecasted upside of 64.6% from its current price of $9.72.Amount of Analyst CoverageAdeia has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.97% of the float of Adeia has been sold short.Short Interest Ratio / Days to CoverAdeia has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Adeia has recently increased by 18.04%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAdeia pays a meaningful dividend of 2.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAdeia does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Adeia is 17.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Adeia will have a dividend payout ratio of 15.38% next year. This indicates that Adeia will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADEA. Previous Next 1.8 News and Social Media Coverage News SentimentAdeia has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Adeia this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ADEA on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Adeia insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $203,026.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Adeia is held by insiders.Percentage Held by Institutions91.66% of the stock of Adeia is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Adeia are expected to grow by 1.56% in the coming year, from $1.28 to $1.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Adeia is 8.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Adeia is 8.60, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.01.Price to Book Value per Share RatioAdeia has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Adeia Stock (NASDAQ:ADEA)Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company worldwide. The company licenses its innovations to media and semiconductor industries and companies under the Adeia brand. It 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 and social media companies; consumer electronics manufacturers, which includes smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; and semiconductors, including sensors, radio frequency components, memory, and logic devices. The company was incorporated in 2019 and is headquartered in San Jose, California.Read More ADEA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADEA Stock News HeadlinesNovember 27, 2023 | finance.yahoo.comAdeia's (NASDAQ:ADEA) investors will be pleased with their impressive 102% return over the last three yearsNovember 27, 2023 | americanbankingnews.comContrasting Adeia (NASDAQ:ADEA) & SoOum (OTCMKTS:SOUM)November 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 23, 2023 | finance.yahoo.comInsider Sell Alert: Chief Licensing Officer Mark Kokes Sells Shares of Adeia IncNovember 20, 2023 | finance.yahoo.comAdeia to Participate in Wells Fargo 7th Annual TMT Summit on November 28November 15, 2023 | msn.comWall Street Analysts Predict a 54.85% Upside in Adeia (ADEA): Here's What You Should KnowNovember 15, 2023 | finance.yahoo.comWall Street Analysts Predict a 54.85% Upside in Adeia (ADEA): Here's What You Should KnowNovember 12, 2023 | finance.yahoo.comAdeia Inc. (NASDAQ:ADEA) Q3 2023 Earnings Call TranscriptNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 10, 2023 | finance.yahoo.comAdeia (NASDAQ:ADEA) Has Affirmed Its Dividend Of $0.05November 9, 2023 | markets.businessinsider.comPromising Outlook and Solid Performance Drive Analyst’s Buy Rating for AdeiaNovember 6, 2023 | chron.comAdeia: Q3 Earnings SnapshotNovember 6, 2023 | finance.yahoo.comAdeia Announces Third Quarter 2023 Financial ResultsNovember 6, 2023 | finance.yahoo.comAdeia Inc (ADEA) Reports Q3 2023 Earnings: Revenue Surges to $101.4 MillionNovember 6, 2023 | finance.yahoo.comPhyllis Turner-Brim Joins Adeia’s Board of DirectorsNovember 2, 2023 | finance.yahoo.comAdeia to Participate in Stephens Investor Conference on November 16October 30, 2023 | msn.comAdeia (ADEA) Rises Higher Than Market: Key FactsOctober 24, 2023 | finance.yahoo.comAdeia (ADEA) Laps the Stock Market: Here's WhyOctober 20, 2023 | finance.yahoo.comWhy the Market Dipped But Adeia (ADEA) Gained TodayOctober 16, 2023 | finance.yahoo.comAdeia to Release Third Quarter 2023 Financial Results on November 6, 2023October 13, 2023 | finance.yahoo.comAdeia (ADEA) Sees a More Significant Dip Than Broader Market: Some Facts to KnowOctober 10, 2023 | finance.yahoo.comAdeia (ADEA) Surpasses Market Returns: Some Facts Worth KnowingOctober 5, 2023 | markets.businessinsider.comAnalyst Maintains Buy Rating on Adeia Amidst Legal Battle and Revised OutlookOctober 3, 2023 | seekingalpha.comSASI, TAOP among major tech gainers; ADEA, SOBR among losersOctober 3, 2023 | finanznachrichten.deAdeia Inc.: Adeia Enters into Long-Term IP License Renewal with Samsung for Mobile DevicesOctober 3, 2023 | finance.yahoo.comIs Adeia Inc (ADEA) Set to Underperform? Analyzing the Factors Limiting GrowthOctober 2, 2023 | finance.yahoo.comAdeia Files Breach-of-Contract Lawsuit Against ShawSee More Headlines Receive ADEA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adeia and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/18 Dividend8/25/2023Dividend Payable9/18/2023Last Earnings11/06/2023Ex-Dividend for 12/18 Dividend11/24/2023Today11/29/2023Dividend Payable12/18/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Cable & other pay television services Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:ADEA CUSIPN/A CIK1803696 Webwww.xperi.com Phone408-473-2500Fax408-321-8257Employees120Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$16.00 Low Stock Price Target$16.00 Potential Upside/Downside+64.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.13 Trailing P/E Ratio8.63 Forward P/E Ratio7.62 P/E GrowthN/ANet Income$-295,880,000.00 Net Margins31.69% Pretax Margin22.01% Return on Equity49.63% Return on Assets13.90% Debt Debt-to-Equity Ratio1.68 Current Ratio2.68 Quick Ratio2.68 Sales & Book Value Annual Sales$438.93 million Price / Sales2.38 Cash Flow$6.82 per share Price / Cash Flow1.43 Book Value$3.21 per share Price / Book3.04Miscellaneous Outstanding Shares107,170,000Free Float106,744,000Market Cap$1.04 billion OptionableNot Optionable Beta1.20 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Paul E. Davis (Age 48)CEO & Director Comp: $1.55MMr. Keith A. Jones (Age 53)Chief Financial Officer Comp: $385.86kMr. Kevin Tanji (Age 46)Chief Legal Officer & Corporate Secretary Comp: $589.79kDr. Mark Kokes (Age 50)Chief Licensing Officer & GM of Media Comp: $608.21kMr. Dana Escobar (Age 55)Chief Licensing Officer & GM of Semiconductor Comp: $646.11kMr. Serhad DokenChief Technology OfficerMr. Jarl Berntzen (Age 56)Chief Corporate Development Officer Ms. Christina SawyerChief People OfficerMr. Joseph GuilianoHead of IP Rights ManagementMore ExecutivesKey CompetitorsMarketWiseNASDAQ:MKTWNational ResearchNASDAQ:NRCAMTD DigitalNYSE:HKDEcovystNYSE:ECVTMontrose Environmental GroupNYSE:MEGView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 59,106 shares on 11/24/2023Ownership: 0.143%Public Sector Pension Investment BoardSold 56,803 shares on 11/22/2023Ownership: 0.123%Comerica BankBought 51,292 shares on 11/21/2023Ownership: 0.048%Mark KokesSold 20,487 sharesTotal: $203,026.17 ($9.91/share)Jacobs Levy Equity Management Inc.Bought 2,227 shares on 11/17/2023Ownership: 0.409%View All Insider TransactionsView All Institutional Transactions ADEA Stock Analysis - Frequently Asked Questions Should I buy or sell Adeia stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last year. There are currently 1 buy rating 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. What is Adeia's stock price target for 2024? 1 Wall Street analysts have issued twelve-month price targets for Adeia's shares. Their ADEA share price targets range from $16.00 to $16.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 65.6% 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 2023? Adeia's stock was trading at $9.48 at the start of the year. Since then, ADEA shares have increased by 1.9% and is now trading at $9.66. View the best growth stocks for 2023 here. Are investors shorting Adeia? Adeia saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,010,000 shares, an increase of 18.0% from the October 31st total of 2,550,000 shares. Based on an average daily trading volume, of 515,400 shares, the short-interest ratio is presently 5.8 days. Approximately 3.0% of the company's stock are sold short. View Adeia's Short Interest. When is Adeia's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our ADEA earnings forecast. How were Adeia's earnings last quarter? Adeia Inc. (NASDAQ:ADEA) released its quarterly earnings data on Monday, November, 6th. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.10. The company had revenue of $101.40 million for the quarter, compared to analyst estimates of $89.63 million. Adeia had a trailing twelve-month return on equity of 49.63% and a net margin of 31.69%. How often does Adeia pay dividends? What is the dividend yield for Adeia? Adeia announced a quarterly dividend on Wednesday, October 25th. Investors of record on Monday, November 27th will be given a dividend of $0.05 per share on Monday, December 18th. This represents a $0.20 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Friday, November 24th. 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 2.05%. The dividend payout ratio is 17.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADEA will have a dividend payout ratio of 15.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ADEA. What ETFs hold Adeia's stock? 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). Who are Adeia's major shareholders? Adeia's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (12.07%), Rubric Capital Management LP (4.33%), The Manufacturers Life Insurance Company (2.28%), LSV Asset Management (1.59%), Northern Trust Corp (1.14%) and Bank of New York Mellon Corp (1.13%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:ADEA) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Adeia Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.