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Adeia (ADEA)
NASDAQ:ADEA
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ADEA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.68 - $14.75
Previous CloseN/A
Volume106.41K
Average Volume (3M)610.01K
Market Cap
$1.39B
Enterprise Value$1.79B
Total Cash (Recent Filing)$113.00M
Total Debt (Recent Filing)$577.24M
Price to Earnings (P/E)34.9
Beta1.12
Next Earnings
Feb 18, 2025EPS Estimate
0.43Last Dividend Ex-Date
Nov 27, 2024Dividend Yield1.57%
Share Statistics
EPS (TTM)0.36
Shares Outstanding109,264,940
10 Day Avg. Volume537,016
30 Day Avg. Volume610,013
Standard Deviation0.14
R-Squared0.14
Alpha-0.00328
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.06
Price to Cash Flow (P/CF)24.40
P/FCF Ratio12.90
Enterprise Value/Market Cap1.29
Enterprise Value/Revenue5.21
Enterprise Value/Gross Profit4.61
Enterprise Value/Ebitda13.21
Forecast
1Y Price Target
$17.00Price Target Upside31.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Adeia News
PremiumCompany Announcements
Adeia Inc. Reports Solid Q3 2024 Performance
Bulls Say, Bears Say
Bulls Say
Debt ManagementADEA has been lowering its debt balance, paving the way for flexibility in buying back stock.
Investment OutlookADEA's ability to generate positive free cash flow should begin to attract more investors as the debt balance becomes less controversial.
Licensing AgreementAdeia (ADEA) announced a licensing agreement with Amazon.com (AMZN) setting the path for greater free cash flow.
Bears Say
Financial PerformanceADEA reported a significant decline in third-quarter revenue and adjusted EBITDA, both falling short of market expectations.
Future ProjectionsManagement's decision to lower 2024 revenue and EBITDA guidance indicates potential setbacks in securing anticipated large licensing deals.
Licensing AgreementsADEA announced a licensing agreement with Amazon but has shown no progress on other promised agreements, suggesting potential challenges in securing new deals.
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Ownership Overview
2.00% Insiders
32.83% Mutual Funds
0.32% Other Institutional Investors
32.77% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ADEA FAQ
What was Adeia’s price range in the past 12 months?
Adeia lowest stock price was $9.68 and its highest was $14.75 in the past 12 months.
What is Adeia’s market cap?
Adeia’s market cap is $1.39B.
When is Adeia’s upcoming earnings report date?
Adeia’s upcoming earnings report date is Feb 18, 2025 which is in 31 days.
How were Adeia’s earnings last quarter?
Adeia released its earnings results on Nov 07, 2024. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.399 by -$0.129.
Is Adeia overvalued?
According to Wall Street analysts Adeia’s price is currently Undervalued.
Does Adeia pay dividends?
Adeia pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.57%. See more information on Adeia dividends here
What is Adeia’s EPS estimate?
Adeia’s EPS estimate is 0.43.
How many shares outstanding does Adeia have?
Adeia has 109,264,940 shares outstanding.
What happened to Adeia’s price movement after its last earnings report?
Adeia reported an EPS of $0.27 in its last earnings report, missing expectations of $0.399. Following the earnings report the stock price went down -18.24%.
Which hedge fund is a major shareholder of Adeia?
Currently, no hedge funds are holding shares in ADEA
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Adeia Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$17.00 (31.58% Upside)
$17.00 (31.58% Upside)
Blogger Sentiment
Bullish
ADEA Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 938.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.1%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.84%
12-Months-Change
Fundamentals
Return on Equity
11.44%
Trailing 12-Months
Asset Growth
-3.64%
Trailing 12-Months
Company Description
Adeia
Adeia Inc. is a technology company engaged in research and development (R&D) and intellectual property (IP) licensing solutions. Adeia creates technologies for the media, entertainment, consumer electronics, and semiconductor industries. Adeia’s solutions are used for enhancing experience with connected devices including Pay-TV, OTT (over the top), multiscreen, imaging, data analytics, and computing solutions among others. Adeia was a part of Xperi Holding Corp. and became an independent company after the product business called Xperi Inc. was spun off in 2022. Adeia’s roots date back to 1990 and the company is headquartered in San Jose, California.
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ADEA Company Deck
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ADEA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted significant achievements including new agreements, a strong renewal rate, and financial performance. However, challenges such as the ongoing litigation with Disney, a decline in Pay-TV subscribers, and adjusted revenue guidance due to timing uncertainties balanced the positive aspects.Read More>---
ADEA Stock 12 Month Forecast
Average Price Target
$17.00
▲(31.58% Upside)
Technical Analysis
Best Analysts Covering ADEA
1 Year
1 Year Success Rate
19/21 ratings generated profit
1 Year Average Return
+25.59%
reiterated a buy rating 6 days ago
Copying Hamed Khorsand's trades and holding each position for 1 Year would result in 90.48% of your transactions generating a profit, with an average return of +25.59% per trade.
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