Adeia Inc. (ADEA)
NASDAQ: ADEA · IEX Real-Time Price · USD
10.38
+0.41 (4.11%)
At close: Apr 23, 2024, 4:00 PM
10.90
+0.52 (5.01%)
After-hours: Apr 23, 2024, 5:20 PM 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 50.96% from the current stock price of 10.38.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $16 | Strong Buy | Maintains | $16 | +54.14% | Apr 19, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +44.51% | Feb 23, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +54.14% | Oct 3, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +63.78% | Aug 8, 2023 |
| BWS Financial | BWS Financial | Strong Buy Downgrades $16 | Strong Buy | Downgrades | $16 | +54.14% | Oct 6, 2022 |
Financial Forecast
Revenue This Year
407.90M
from 388.79M
Increased by 4.92%
Revenue Next Year
428.40M
from 407.90M
Increased by 5.03%
EPS This Year
1.33
from 0.60
Increased by 121.74%
EPS Next Year
1.51
from 1.33
Increased by 13.85%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 422.1M | 441.0M |
| Avg | 407.9M | 428.4M |
| Low | 389.8M | 411.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.6% | 8.1% |
| Avg | 4.9% | 5.0% |
| Low | 0.2% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.38 | 1.60 |
| Avg | 1.33 | 1.51 |
| Low | 1.27 | 1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 129.3% | 20.0% |
| Avg | 121.7% | 13.9% |
| Low | 112.3% | 6.8% |
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.