Adeia Inc. (ADEA)

NASDAQ: ADEA · Real-Time Price · USD
13.66
-0.07 (-0.51%)
At close: Dec 20, 2024, 4:00 PM
13.71
+0.05 (0.37%)
After-hours: Dec 20, 2024, 7:16 PM EST
-0.51%
Market Cap 1.49B
Revenue (ttm) 343.72M
Net Income (ttm) 41.30M
Shares Out 109.26M
EPS (ttm) 0.37
PE Ratio 36.90
Forward PE 9.00
Dividend $0.20 (1.46%)
Ex-Dividend Date Nov 27, 2024
Volume 1,927,607
Open 13.49
Previous Close 13.73
Day's Range 13.49 - 14.08
52-Week Range 9.68 - 14.75
Beta 1.12
Analysts Strong Buy
Price Target 17.00 (+24.45%)
Earnings Date Feb 18, 2025

About 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 netw... [Read more]

Sector Technology
Founded 1990
Employees 130
Stock Exchange NASDAQ
Ticker Symbol ADEA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ADEA stock is "Strong Buy." The 12-month stock price forecast is $17.0, which is an increase of 24.45% from the latest price.

Price Target
$17.0
(24.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Adeia Enters into Multi-Year IP License Agreement with Canon

SAN JOSE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a technology company with innovative contributions to digital imaging, has entered into a multi-year intellectual propert...

1 day ago - GlobeNewsWire

Adeia and Sharp Renew Multi-Year IP License Agreement

SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...

16 days ago - GlobeNewsWire

Adeia Enters into Multi-Year IP License Agreement with Amazon

SAN JOSE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio.

17 days ago - GlobeNewsWire

Adeia Inc. (ADEA) Q3 2024 Earnings Call Transcript

Adeia Inc. (NASDAQ:ADEA) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chris Chaney - Vice President-Investor Relations Paul Davis - President & Chief Executive Of...

5 weeks ago - Seeking Alpha

Adeia Announces Third Quarter 2024 Financial Results

Signed 7 deals across multiple verticals in the third quarter Board increased share repurchase authorization up to $200 million Filed patent infringement litigation against Disney Signed a new multi-y...

6 weeks ago - GlobeNewsWire

Adeia Initiates Patent Infringement Litigation Against Disney

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) announced today that it has filed multiple patent infringement lawsuits in the United States an...

6 weeks ago - GlobeNewsWire

Adeia to Release Third Quarter 2024 Financial Results on November 7, 2024

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, followi...

2 months ago - GlobeNewsWire

Adeia Enters into Multi-Year IP License Renewal with VIZIO

SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences e...

2 months ago - GlobeNewsWire

Adeia to Present at Upcoming Conferences on Hybrid Bonding Technology

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leader in invention of semiconductor technology, announced that several of its semiconductor technologists will presen...

2 months ago - GlobeNewsWire

New Breakthrough Could Revolutionize Online Video and Gaming Experiences

SAN JOSE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Inventors from Adeia Inc. (Nasdaq: ADEA), have unveiled a groundbreaking new solution that could dramatically improve the quality of online video s...

3 months ago - GlobeNewsWire

Adeia and LG Electronics Renew Media IP License Agreement

SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leading technology company bringing technology from incubation to reality, today announced the renewal of its intellec...

3 months ago - GlobeNewsWire

Adeia Celebrates Semiconductor Technology Pioneer, Dr. Belgacem Haba, who has helped Revolutionize the Semiconductor Industry with Groundbreaking Inventions

Adeia Celebrates Semiconductor Technology Pioneer, Dr. Belgacem Haba, who has helped Revolutionize the Semiconductor Industry with Groundbreaking Invention

4 months ago - GlobeNewsWire

Adeia Receives Decisions in Videotron and Bell/Telus Case Appeals

SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company delivering innovative technology solutions across multiple industries, today announced...

4 months ago - GlobeNewsWire

Adeia to Present Groundbreaking Solution for Copyright and Attribution in AI-Generated Images at IEEE MIPR 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Adeia (NASDAQ: ADEA), a leading innovator in multimedia technology, today announced Dr. Ning Xu will deliver an invited paper at the upcoming 7th IEEE International ...

4 months ago - Business Wire

Adeia's Mixed Q2 Results Under The Microscope

Adeia Inc. beat earnings estimates with $0.28 Non-GAAP EPS and $87.4 million revenue in Q2 2024. The company signed new licensing agreements in various industries, including a major deal with Liberty ...

4 months ago - Seeking Alpha

Adeia Inc. (ADEA) Q2 2024 Earnings Call Transcript

Adeia Inc. (NASDAQ:ADEA) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Chris Chaney – Vice President-Investor Relations Paul Davis – President and Chief Executive Of...

4 months ago - Seeking Alpha

Adeia Enters into Long-Term Hybrid Bonding License Agreement with Hamamatsu Photonics

SAN JOSE, Calif.--(BUSINESS WIRE)--Hamamatsu licenses hybrid bonding technology from Adeia.

5 months ago - Business Wire

Adeia to Release Second Quarter 2024 Financial Results on August 6, 2024

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the ...

5 months ago - GlobeNewsWire

Adeia Wins ECTC Award for Paper on “Fine Pitch Die-to-Wafer Hybrid Bonding”

SAN JOSE, Calif.--(BUSINESS WIRE)--Adeia Inc. (Nasdaq: ADEA), a leading research and development and intellectual property licensing company known for bringing innovations in the semiconductor and med...

5 months ago - Business Wire

Adeia Renews Long-Term IP License Agreement with Liberty Global

SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company whose patented innovations shape the way the world explores and experiences entertainm...

5 months ago - GlobeNewsWire

Adeia Enters into Multi-Year IP License Agreement with X Corp.

SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences e...

6 months ago - GlobeNewsWire

Adeia's Pioneering Hybrid Bonding Technology Continues to Capture Attention

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Adeia Inc. (Nasdaq: ADEA), a leading R&D and intellectual property (IP) licensing company known for bringing leading innovations in the semic...

6 months ago - GlobeNewsWire

Adeia Successfully Completes Debt Repricing

Reduces annual interest expense by approximately $3.4 million Reduces excess cash flow payment thresholds and increases financial flexibility SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Adeia I...

7 months ago - GlobeNewsWire

Adeia Enters into License Renewal with Mitsubishi Electric

SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced tha...

7 months ago - GlobeNewsWire

Adeia Renews Media IP License Agreement with Panasonic Entertainment & Communication Co., Ltd.

SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced tha...

8 months ago - GlobeNewsWire