Adeia Inc. (ADEA)
NASDAQ: ADEA · Real-Time Price · USD
11.97
+0.45 (3.86%)
Nov 21, 2024, 2:24 PM EST - Market open
Adeia Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Adeia stock have an average target of 15.5, with a low estimate of 15 and a high estimate of 16. The average target predicts an increase of 29.54% from the current stock price of 11.97.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Adeia stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +33.72% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $15 | Strong Buy | Maintains | $15 | +25.37% | Nov 8, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $15 | Strong Buy | Maintains | $15 | +25.37% | Oct 31, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +33.72% | Sep 26, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +33.72% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
409.90M
from 388.79M
Increased by 5.43%
Revenue Next Year
428.40M
from 409.90M
Increased by 4.51%
EPS This Year
1.39
from 0.60
Increased by 132.14%
EPS Next Year
1.48
from 1.39
Increased by 6.19%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 425.7M | 441.0M |
| Avg | 409.9M | 428.4M |
| Low | 392.0M | 411.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.5% | 7.6% |
| Avg | 5.4% | 4.5% |
| Low | 0.8% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.45 | 1.52 |
| Avg | 1.39 | 1.48 |
| Low | 1.32 | 1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 141.5% | 9.3% |
| Avg | 132.1% | 6.2% |
| Low | 120.7% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.