Adeia Inc. (ADEA)

Market Cap	1.85B
Revenue (ttm)	376.02M
Net Income (ttm)	64.62M
Shares Out	107.51M
EPS (ttm)	0.57
PE Ratio	30.23
Forward PE	12.66
Dividend	$0.20 (1.53%)
Ex-Dividend Date	Mar 10, 2025

Volume	551,071
Open	13.32
Previous Close	13.60
Day's Range	13.05 - 13.49
52-Week Range	9.68 - 14.75
Beta	1.06
Analysts	Strong Buy
Price Target	18.33 (+29.87%)
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...

• Industry: Software - Application
• Sector: Technology
• Founded: 1990
• Employees: 130
• Stock Exchange: NASDAQ
• Ticker Symbol: ADEA
• Website: https://adeia.com

Financial Performance

In 2024, Adeia's revenue was $376.02 million, a decrease of -3.28% compared to the previous year's $388.79 million. Earnings were $64.62 million, a decrease of -4.08%.

Analyst Forecast

According to 3 analysts, the average rating for ADEA stock is "Strong Buy." The 12-month stock price forecast is $18.33, which is an increase of 29.87% from the latest price.

Price Target

$18.33

(29.87% upside)

Analyst Consensus: Strong Buy