Adeia (ADEA) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $11.65 to $12.04
• 50-Day Range: $11.23 to $17.23
• 52-Week Range: $9.68 to $17.46
• Volume: 432,869 shs
• Average Volume: 530,620 shs
• Market Capitalization: $1.29 billion
• P/E Ratio: 20.79
• Dividend Yield: 1.69%
• Price Target: $18.33
• Consensus Rating: Buy

Adeia Stock Analysis - MarketRank™

Adeia scored higher than 78% of companies evaluated by MarketBeat, and ranked 73rd out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Adeia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Adeia has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Adeia is 20.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Adeia is 20.79, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.82.

Price to Book Value per Share Ratio

Adeia has a P/B Ratio of 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.32% of the float of Adeia has been sold short.

Short Interest Ratio / Days to Cover

Adeia has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adeia has recently decreased by 24.62%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Adeia pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Adeia does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Adeia is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.32% of the float of Adeia has been sold short.

Short Interest Ratio / Days to Cover

Adeia has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adeia has recently decreased by 24.62%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.47

News Sentiment

Adeia has a news sentiment score of 1.47. 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 higher news sentiment than the 0.85 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Adeia this week, compared to 3 articles on an average week.

MarketBeat Follows

5 people have added Adeia to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Adeia insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.40% of the stock of Adeia is held by insiders.

Percentage Held by Institutions

97.36% of the stock of Adeia is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ADEA Stock Analysis - Frequently Asked Questions

How have ADEA shares performed this year?

Adeia's stock was trading at $13.98 on January 1st, 2025. Since then, ADEA shares have decreased by 15.2% and is now trading at $11.85.
View the best growth stocks for 2025 here.

How were Adeia's earnings last quarter?

Adeia Inc. (NASDAQ:ADEA) announced its quarterly earnings data on Tuesday, February, 18th. The company reported $0.42 EPS for the quarter, hitting analysts' consensus estimates of $0.42. The firm earned $119.17 million during the quarter, compared to analyst estimates of $114.22 million. Adeia had a net margin of 17.19% and a trailing twelve-month return on equity of 32.81%.
Read the conference call transcript.

Who are Adeia's major shareholders?

Adeia's top institutional investors include Rhumbline Advisers (0.28%), Wedge Capital Management L L P NC (0.09%), Summit Global Investments (0.05%) and GAMMA Investing LLC (0.04%).
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.

What other stocks do shareholders of Adeia own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Adeia investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 2/18/2025
• Record date for 3/31 Dividend: 3/10/2025
• Ex-Dividend for 3/31 Dividend: 3/10/2025
• Dividend Payable: 3/31/2025
• Today: 4/15/2025
• Next Earnings (Estimated): 5/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Cable & other pay television services
• Sub-Industry: Communication
• Current Symbol: NASDAQ:ADEA
• CIK: 1803696
• Web: www.xperi.com
• Phone: 408-473-2500
• Fax: 408-321-8257
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.33
• High Stock Price Target: $20.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +54.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.57
• Trailing P/E Ratio: 20.79
• Forward P/E Ratio: 10.87
• P/E Growth: N/A
• Net Income: $64.62 million
• Net Margins: 17.19%
• Pretax Margin: 21.59%
• Return on Equity: 32.81%
• Return on Assets: 11.24%

Debt

• Debt-to-Equity Ratio: 1.15
• Current Ratio: 3.53
• Quick Ratio: 3.53

Sales & Book Value

• Annual Sales: $376.02 million
• Price / Sales: 3.42
• Cash Flow: $1.25 per share
• Price / Cash Flow: 9.51
• Book Value: $3.63 per share
• Price / Book: 3.26

Miscellaneous

• Outstanding Shares: 108,445,000
• Free Float: 106,864,000
• Market Cap: $1.29 billion
• Optionable: Optionable
• Beta: 1.47