Adeia Inc. (ADEA)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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
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...
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 ...
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 ...
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...
Adeia Enters into Long-Term Hybrid Bonding License Agreement with Hamamatsu Photonics
SAN JOSE, Calif.--(BUSINESS WIRE)--Hamamatsu licenses hybrid bonding technology from Adeia.
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 ...
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...
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...
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...
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...
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...
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...
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...