Adeia Inc. (ADEA)
NASDAQ: ADEA · IEX Real-Time Price · USD
11.37
-0.34 (-2.90%)
At close: Jul 19, 2024, 4:00 PM
11.35
-0.02 (-0.18%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Adeia Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Adeia stock have an average target of 15.67, with a low estimate of 15 and a high estimate of 16. The average target predicts an increase of 37.82% from the current stock price of 11.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Adeia stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +40.72% | Jul 16, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $15 | Strong Buy | Maintains | $15 | +31.93% | Jun 20, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +40.72% | May 7, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +40.72% | Apr 19, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +31.93% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
408.32M
from 388.79M
Increased by 5.02%
Revenue Next Year
428.40M
from 408.32M
Increased by 4.92%
EPS This Year
1.35
from 0.60
Increased by 125.25%
EPS Next Year
1.52
from 1.35
Increased by 12.45%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 422.1M | 441.0M |
| Avg | 408.3M | 428.4M |
| Low | 391.4M | 411.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.6% | 8.0% |
| Avg | 5.0% | 4.9% |
| Low | 0.7% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.41 | 1.61 |
| Avg | 1.35 | 1.52 |
| Low | 1.28 | 1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 134.5% | 18.9% |
| Avg | 125.3% | 12.5% |
| Low | 114.0% | 5.1% |
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.