13.36 USD
+0.29
2.22%
At close Dec 6, 4:00 PM EST
After hours
13.36
+0.00
0.00%
1 day
2.22%
5 days
10.60%
1 month
-4.91%
3 months
16.07%
6 months
12.55%
Year to date
6.62%
1 year
41.08%
5 years
-30.23%
10 years
-62.10%
 

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: 144

0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,826% more call options, than puts

Call options by funds: $1.14M | Put options by funds: $39K

26% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 62

19% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 21

6% more capital invested

Capital invested by funds: $1.19B [Q2] → $1.25B (+$66.8M) [Q3]

2% more funds holding

Funds holding: 196 [Q2] → 200 (+4) [Q3]

1.14% less ownership

Funds ownership: 97.82% [Q2] → 96.68% (-1.14%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$15
12%
upside
Avg. target
$15.60
17%
upside
High target
$16
20%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
BWS Financial
Hamed Khorsand
77% 1-year accuracy
63 / 82 met price target
20%upside
$16
Buy
Maintained
4 Dec 2024
BWS Financial
Hamed Khorsand
77% 1-year accuracy
63 / 82 met price target
20%upside
$16
Buy
Maintained
11 Nov 2024
Rosenblatt
Kevin Cassidy
56% 1-year accuracy
19 / 34 met price target
12%upside
$15
Buy
Maintained
8 Nov 2024
Rosenblatt
Kevin Cassidy
56% 1-year accuracy
19 / 34 met price target
12%upside
$15
Buy
Maintained
31 Oct 2024
BWS Financial
Hamed Khorsand
77% 1-year accuracy
63 / 82 met price target
20%upside
$16
Buy
Maintained
26 Sept 2024

Financial journalist opinion

Based on 6 articles about ADEA published over the past 30 days

Neutral
GlobeNewsWire
2 days ago
Adeia and Sharp Renew Multi-Year IP License Agreement
SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Sharp Corporation, a global smart TV and consumer electronics manufacturer, has agreed to renew a multi-year worldwide license for Adeia's media intellectual property (IP) portfolio.
Adeia and Sharp Renew Multi-Year IP License Agreement
Neutral
GlobeNewsWire
3 days ago
Adeia Enters into Multi-Year IP License Agreement with Amazon
SAN JOSE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio.
Adeia Enters into Multi-Year IP License Agreement with Amazon
Neutral
Seeking Alpha
3 weeks ago
Adeia Inc. (ADEA) Q3 2024 Earnings Call Transcript
Adeia Inc. (NASDAQ:ADEA ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chris Chaney - Vice President-Investor Relations Paul Davis - President & Chief Executive Officer Keith Jones - Chief Financial Officer Conference Call Participants Madison De Paola - Rosenblatt Securities Hamed Khorsand - BWS Financial Matthew Galinko - Maxim Group Operator Good day, everyone. Thank you for standing by.
Adeia Inc. (ADEA) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
4 weeks ago
Adeia (ADEA) Lags Q3 Earnings and Revenue Estimates
Adeia (ADEA) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.38 per share a year ago.
Adeia (ADEA) Lags Q3 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
4 weeks ago
Adeia Announces Third Quarter 2024 Financial Results
Signed 7 deals across multiple verticals in the third quarter Board increased share repurchase authorization up to $200 million Filed patent infringement litigation against Disney Signed a new multi-year e-commerce license agreement with a leading luxury retailer
Adeia Announces Third Quarter 2024 Financial Results
Neutral
GlobeNewsWire
4 weeks ago
Adeia Initiates Patent Infringement Litigation Against Disney
SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) announced today that it has filed multiple patent infringement lawsuits in the United States and Europe against The Walt Disney Company and certain of its subsidiaries, including Hulu and ESPN. The Company filed one lawsuit in the U.S. District Court for the District of Delaware and three lawsuits in Europe, including two in the Unified Patent Court and one in Germany.
Adeia Initiates Patent Infringement Litigation Against Disney
Neutral
GlobeNewsWire
1 month ago
Adeia to Release Third Quarter 2024 Financial Results on November 7, 2024
SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, following the close of market.
Adeia to Release Third Quarter 2024 Financial Results on November 7, 2024
Neutral
GlobeNewsWire
2 months ago
Adeia Enters into Multi-Year IP License Renewal with VIZIO
SAN JOSE, Calif., Oct. 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, today announced it has renewed its intellectual property (IP) license agreement with leading TV seller VIZIO. Under the terms of the agreement, the multi-year license renewal extends VIZIO's access to Adeia's media IP portfolio for its products and services.
Adeia Enters into Multi-Year IP License Renewal with VIZIO
Neutral
GlobeNewsWire
2 months ago
Adeia to Present at Upcoming Conferences on Hybrid Bonding Technology
SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leader in invention of semiconductor technology, announced that several of its semiconductor technologists will present at various upcoming industry conferences. The presentations will focus on Adeia's hybrid bonding technology, a key enabler for next-generation high-performance computing and AI applications.
Adeia to Present at Upcoming Conferences on Hybrid Bonding Technology
Neutral
GlobeNewsWire
2 months ago
New Breakthrough Could Revolutionize Online Video and Gaming Experiences
SAN JOSE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Inventors from Adeia Inc. (Nasdaq: ADEA), have unveiled a groundbreaking new solution that could dramatically improve the quality of online video streaming and gaming.
New Breakthrough Could Revolutionize Online Video and Gaming Experiences
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