Adeia initiated with a Buy at Roth Capital

Roth Capital analyst Scott Searle initiated coverage of Adeia (ADEA) with a Buy rating and $26 price target Adeia is a leading developer, innovator, and licensor of intellectual property for the media and semiconductor markets, the analyst tells investors in a research note. The firm says the company is poised for recurring sales acceleration as over the top and next-generation semi-hybrid bonding solutions license and commercialize. Roth believes Adeia’s semi opportunity is “meaningful” as next-generation data center and artificial intelligence penetration accelerates in 2026.