Adeia Inc. (ADEA)

Market Cap	1.21B
Revenue (ttm)	354.89M
Net Income (ttm)	39.25M
Shares Out	108.51M
EPS (ttm)	0.35
PE Ratio	31.91
Forward PE	7.94
Dividend	$0.20 (1.79%)
Ex-Dividend Date	May 28, 2024

Volume	315,370
Open	11.22
Previous Close	11.20
Day's Range	11.07 - 11.32
52-Week Range	8.11 - 13.39
Beta	1.14
Analysts	Strong Buy
Price Target	15.67 (+40.29%)
Earnings Date	Aug 5, 2024

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

Analyst Forecast

According to 3 analysts, the average rating for ADEA stock is "Strong Buy." The 12-month stock price forecast is $15.67, which is an increase of 40.29% from the latest price.

Price Target

$15.67

(40.29% upside)

Analyst Consensus: Strong Buy