Adeia
ADEA

$11.56

0.96%

Market Cap: 1.25B

About: Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.

Employees: 135

Communication Services Cable & Other Pay Television Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 5 analysts

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

7,944% more call options, than puts

Call options by funds: $1.45M | Put options by funds: $18K

62% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 13

4% more funds holding

Funds holding: 191 [Q4 2023] → 199 (+8) [Q1 2024]

0.76% more ownership

Funds ownership: 97.51% [Q4 2023] → 98.28% (+0.76%) [Q1 2024]

11% less capital invested

Capital invested by funds: $1.29B [Q4 2023] → $1.15B (-$142M) [Q1 2024]

15% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 73

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$15

30%

upside

Avg. target

$15.60

35%

upside

High target

$16

38%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

BWS Financial Hamed Khorsand	38%upside $16	Buy Maintained	16 Jul 2024
Rosenblatt Kevin Cassidy	30%upside $15	Buy Maintained	20 Jun 2024
BWS Financial Hamed Khorsand	38%upside $16	Buy Maintained	7 May 2024
BWS Financial Hamed Khorsand	38%upside $16	Buy Maintained	19 Apr 2024
Rosenblatt Kevin Cassidy	30%upside $15	Buy Initiated	23 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about ADEA published over the past 30 days

Adeia Enters into Long-Term Hybrid Bonding License Agreement with Hamamatsu Photonics

SAN JOSE, Calif.--(BUSINESS WIRE)--Hamamatsu licenses hybrid bonding technology from Adeia.

Adeia Enters into Long-Term Hybrid Bonding License Agreement with Hamamatsu Photonics

Adeia to Release Second Quarter 2024 Financial Results on August 6, 2024

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

Adeia to Release Second Quarter 2024 Financial Results on August 6, 2024

Adeia Wins ECTC Award for Paper on “Fine Pitch Die-to-Wafer Hybrid Bonding”

SAN JOSE, Calif.--(BUSINESS WIRE)--Adeia Inc. (Nasdaq: ADEA), a leading research and development and intellectual property licensing company known for bringing innovations in the semiconductor and media technology sectors to market, was awarded Best Session Paper at the 2024 Electronic Components and Technology Conference (ECTC) held in Denver, Colorado on May 28-31, 2024. Dr. Thomas Workman, senior principal engineer for Adeia and author of the paper, received the award for “Fine Pitch Die-to-.

Adeia Wins ECTC Award for Paper on “Fine Pitch Die-to-Wafer Hybrid Bonding”

Adeia Renews Long-Term IP License Agreement with Liberty Global

SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK), a global leader in converged broadband, video and mobile communications, has agreed to a long-term renewal agreement for Adeia's media intellectual property (IP) portfolio.

Adeia Renews Long-Term IP License Agreement with Liberty Global

Adeia Enters into Multi-Year IP License Agreement with X Corp.

SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter.

Adeia Enters into Multi-Year IP License Agreement with X Corp.

Adeia's Pioneering Hybrid Bonding Technology Continues to Capture Attention

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Adeia Inc. (Nasdaq: ADEA), a leading R&D and intellectual property (IP) licensing company known for bringing leading innovations in the semiconductor and media/entertainment technology sectors to market, announced recent developments in hybrid bonding a technology targeted toward the future of semiconductor packaging enabling high-performance computing capabilities, like those required for AI.

Adeia's Pioneering Hybrid Bonding Technology Continues to Capture Attention

Zacks Investment Research

Wall Street Analysts Think Adeia (ADEA) Could Surge 26.9%: Read This Before Placing a Bet

The mean of analysts' price targets for Adeia (ADEA) points to a 26.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Adeia (ADEA) Could Surge 26.9%: Read This Before Placing a Bet

Adeia Successfully Completes Debt Repricing

Reduces annual interest expense by approximately $3.4 million Reduces excess cash flow payment thresholds and increases financial flexibility SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced the successful repricing of its Term Loan B, thereby reducing its future interest expense and increasing financial flexibility.

Adeia Successfully Completes Debt Repricing

Zacks Investment Research

Wall Street Analysts Believe Adeia (ADEA) Could Rally 32.63%: Here's is How to Trade

The consensus price target hints at a 32.6% upside potential for Adeia (ADEA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Adeia (ADEA) Could Rally 32.63%: Here's is How to Trade

Adeia Enters into License Renewal with Mitsubishi Electric

SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Mitsubishi Electric, the Japanese multinational electronic and electrical equipment manufacturing company, has agreed to renew its license for access to Adeia's media intellectual property (IP) portfolio.

Adeia Enters into License Renewal with Mitsubishi Electric

See News Rankings