Adeia Inc. (ADEA)
| Market Cap | 1.21B |
| Revenue (ttm) | 354.89M |
| Net Income (ttm) | 39.25M |
| Shares Out | 108.51M |
| EPS (ttm) | 0.35 |
| PE Ratio | 31.80 |
| Forward PE | 7.58 |
| Dividend | $0.20 (1.80%) |
| Ex-Dividend Date | May 28, 2024 |
| Volume | 359,041 |
| Open | 11.38 |
| Previous Close | 11.25 |
| Day's Range | 11.11 - 11.38 |
| 52-Week Range | 8.11 - 13.39 |
| Beta | 1.14 |
| Analysts | Strong Buy |
| Price Target | 15.67 (+40.79%) |
| Earnings Date | May 6, 2024 |
About ADEA
Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband netw... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ADEA stock is "Strong Buy." The 12-month stock price forecast is $15.67, which is an increase of 40.79% from the latest price.
News
Adeia Renews Media IP License Agreement with Panasonic Entertainment & Communication Co., Ltd.
SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced tha...
Adeia Announces First Quarter 2024 Financial Results
Paid down $40 million of debt in the first quarter and nearly $200 million since separation Generated over $67 million in cash from operations in the first quarter SAN JOSE, Calif., May 06, 2024 (GLOB...
Adeia Wins “Achievement in Shoppable TV” Award at TV of Tomorrow Show with “Clickable Video” Invention
SAN JOSE, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company known for its innovations in entertainment experiences, announced that the company was honored by Interactive ...
Adeia Enters into Long-Term IP License Agreement with Astound Broadband
SAN JOSE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, has entered into ...
Adeia Enters into Multi-year IP License Renewal with Altimedia
SAN JOSE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a company known for its groundbreaking innovations in entertainment experiences, has announced today that Altimedia, a p...
Adeia Enters into IP License Agreement with Magenta Telekom
SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) ("Adeia" or the "Company"), the company whose patented innovations shape the way the world explores and experiences enter...
Adeia to Release First Quarter 2024 Financial Results on May 6, 2024
SAN JOSE, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the first quarter ended March 31, 2024, on Monday, May 6, 2024, following the clo...
Adeia Renews Multi-year IP License Agreement with Paramount
SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...
Adeia Announces Fourth Quarter And Full Year 2023 Financial Results
Signed 8 deals in the fourth quarter and 32 in 2023 across both media and semiconductor Paid down $29 million of debt in fourth quarter and $148 million in 2023 SAN JOSE, Calif., Feb. 20, 2024 (GLOBE ...
Adeia Demonstrates Hybrid Bonding Technology During Chiplet Summit 2024
SANTA CLARA, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices, today announced that it is showcasing its hybrid b...
Adeia to Release Fourth Quarter and Full Year 2023 Financial Results on February 20, 2024
SAN JOSE, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the fourth quarter and full year ended December 31, 2023, on Tues...
Adeia Renews Media IP License Agreement with Funai
SAN JOSE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...
Adeia to Participate in Wells Fargo 7th Annual TMT Summit on November 28
SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E.
Adeia Announces Third Quarter 2023 Financial Results
Closed important renewals with consumer electronics and OTT customers Strong financial results highlighted by over $100 million in revenue SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc...
Phyllis Turner-Brim Joins Adeia's Board of Directors
SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that veteran intellectual property (IP) attorney and advisor, Phyllis Turner-Brim, joined Adeia's board of...
Adeia to Participate in Stephens Investor Conference on November 16
SAN JOSE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E.
Adeia to Release Third Quarter 2023 Financial Results on November 6, 2023
SAN JOSE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the third quarter ended September 30, 2023, on Monday, November 6...
Adeia Enters into Long-Term IP License Renewal with Samsung for Mobile Devices
SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...
Adeia Files Breach-of-Contract Lawsuit Against Shaw
SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia”), the company whose patented innovations shape the way the world explores and experiences entertainment, announce...
Adeia Renews IP License Agreement with Germany's TechniSat
SAN JOSE, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced t...
Adeia and NVIDIA Resolve Litigation
SAN JOSE, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or the “Company”), the company whose patented innovations enhance billions of devices, today announced that NVID...
Jarl Berntzen joins Adeia as Chief Corporate Development Officer
SAN JOSE, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Jarl Berntzen joined Adeia as the company's chief corporate development officer on September 5, 2023...
Adeia to Participate in Upcoming Investor Conferences
SAN JOSE, Calif., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced participation in the following investor and industry conferences:
Adeia Announces Second Quarter 2023 Financial Results
Achieved over $200 million of revenue for first half of 2023 Closed nine deals in the quarter Paid down $114 million of debt since separation
Adam Rymer joins Adeia's Board of Directors
SAN JOSE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Adam Rymer joined Adeia's board of directors as of Friday, August 4, 2023.