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NASDAQ:ADEA

Adeia (ADEA) Stock Price, News & Analysis

$11.51
-0.39 (-3.28%)
(As of 09/6/2024 ET)
Today's Range
$11.42
$11.91
50-Day Range
$9.80
$12.60
52-Week Range
$8.11
$13.39
Volume
292,590 shs
Average Volume
402,890 shs
Market Capitalization
$1.25 billion
P/E Ratio
33.85
Dividend Yield
1.74%
Price Target
$15.67

Adeia MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.1% Upside
$15.67 Price Target
Short Interest
Bearish
3.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.21mentions of Adeia in the last 14 days
Based on 4 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.

3.34 out of 5 stars

Business Services Sector

110th out of 303 stocks

Cable & Other Pay Television Services Industry

8th out of 17 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

Short Interest in Adeia Inc. (NASDAQ:ADEA) Increases By 10.7%
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Adeia's (NASDAQ:ADEA) Dividend Will Be $0.05
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Adeia's Mixed Q2 Results Under The Microscope
Adeia Announces Second Quarter 2024 Financial Results
See More Headlines
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Company Calendar

Ex-Dividend for 6/18 Dividend
5/24/2024
Dividend Payable
6/18/2024
Last Earnings
8/06/2024
Ex-Dividend for 9/17 Dividend
8/27/2024
Today
9/07/2024
Dividend Payable
9/17/2024
Next Earnings (Estimated)
11/04/2024
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
+36.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$67.37 million
Pretax Margin
14.84%

Debt

Sales & Book Value

Annual Sales
$359.02 million
Cash Flow
$2.20 per share
Book Value
$3.30 per share

Miscellaneous

Free Float
108,073,000
Market Cap
$1.25 billion
Optionable
Optionable
Beta
1.46
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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

How have ADEA shares performed this year?

Adeia's stock was trading at $12.39 on January 1st, 2024. Since then, ADEA stock has decreased by 7.1% and is now trading at $11.51.
View the best growth stocks for 2024 here
.

How were Adeia's earnings last quarter?

Adeia Inc. (NASDAQ:ADEA) issued its quarterly earnings data on Tuesday, August, 6th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. The firm had revenue of $87.35 million for the quarter, compared to analysts' expectations of $83.74 million. Adeia had a trailing twelve-month return on equity of 33.28% and a net margin of 12.87%.

Who are Adeia's major shareholders?

Top institutional shareholders of Adeia include LSV Asset Management (3.46%), Dimensional Fund Advisors LP (2.53%), The Manufacturers Life Insurance Company (1.89%) and Systematic Financial Management LP (1.70%).
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 9/7/2024 by MarketBeat.com Staff

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