NASDAQ:ADEA

Adeia (ADEA) Stock Price, News & Analysis

$11.25
+0.02 (+0.18%)
(As of 05/10/2024 08:54 PM ET)
Today's Range
$11.04
$11.28
50-Day Range
$9.73
$11.59
52-Week Range
$8.11
$13.39
Volume
465,900 shs
Average Volume
515,729 shs
Market Capitalization
$1.22 billion
P/E Ratio
33.09
Dividend Yield
1.78%
Price Target
$15.67

Adeia MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.3% Upside
$15.67 Price Target
Short Interest
Healthy
3.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of Adeia in the last 14 days
Based on 21 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.

3.44 out of 5 stars

Business Services Sector

107th out of 314 stocks

Cable & Other Pay Television Services Industry

9th out of 18 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

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Adeia (NASDAQ:ADEA) Given "Buy" Rating at BWS Financial
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Adeia is Oversold
Adeia Inc. (ADEA)
ADEA Jun 2024 10.000 put
ADEA Apr 2024 12.500 call
Adeia: Connected TV, A New Samsung Connection, And Cheap
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
5/13/2024
Ex-Dividend for 6/18 Dividend
5/24/2024
Dividend Payable
6/18/2024
Next Earnings (Estimated)
8/05/2024
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
+39.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$67.37 million
Pretax Margin
12.89%

Debt

Sales & Book Value

Annual Sales
$388.79 million
Cash Flow
$2.27 per share
Book Value
$3.33 per share

Miscellaneous

Free Float
107,856,000
Market Cap
$1.22 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 analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last year. There are currently 3 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.

What is Adeia's stock price target for 2024?

3 brokerages have issued 1-year price targets 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 twelve months. This suggests a possible upside of 39.3% 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 2024. Since then, ADEA stock has decreased by 9.2% and is now trading at $11.25.
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, August 5th 2024.
View our ADEA earnings forecast
.

How were Adeia's earnings last quarter?

Adeia Inc. (NASDAQ:ADEA) issued its quarterly earnings results on Tuesday, February, 20th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The company had revenue of $86.87 million for the quarter, compared to analyst estimates of $89.23 million. Adeia had a trailing twelve-month return on equity of 33.89% and a net margin of 11.06%.

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

Adeia declared a quarterly dividend on Thursday, April 25th. Investors of record on Tuesday, May 28th will be given a dividend of $0.05 per share on Tuesday, June 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Friday, May 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 1.78%. The dividend payout ratio is 58.83%. 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 issued an update on its FY 2024 earnings guidance on Monday, May, 6th. The company provided 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 $399.9 million.

Who are Adeia's major shareholders?

Adeia's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.02%), LSV Asset Management (3.10%), TSP Capital Management Group LLC (0.95%), Principal Financial Group Inc. (0.55%), Foundry Partners LLC (0.53%) and Empowered Funds LLC (0.41%).
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 5/13/2024 by MarketBeat.com Staff

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