Adeia (NASDAQ:ADEA – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Rosenblatt Securities in a research report issued on Tuesday, Benzinga reports. They currently have a $40.00 price target on the stock. Rosenblatt Securities’ target price would indicate a potential upside of 61.81% from the company’s current price.
A number of other research analysts also recently issued reports on ADEA. Zacks Research upgraded shares of Adeia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Adeia from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. Finally, BWS Financial boosted their target price on shares of Adeia from $30.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.60.
Get Our Latest Analysis on ADEA
Adeia Stock Performance
Adeia (NASDAQ:ADEA – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $96.12 million during the quarter, compared to the consensus estimate of $96.79 million. Adeia had a net margin of 26.05% and a return on equity of 39.26%. Equities research analysts predict that Adeia will post 1.17 EPS for the current fiscal year.
Institutional Trading of Adeia
A number of institutional investors and hedge funds have recently modified their holdings of ADEA. Hantz Financial Services Inc. increased its stake in shares of Adeia by 447.0% during the fourth quarter. Hantz Financial Services Inc. now owns 1,444 shares of the company’s stock worth $25,000 after purchasing an additional 1,180 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Adeia in the 2nd quarter valued at approximately $34,000. Rockefeller Capital Management L.P. boosted its position in shares of Adeia by 148.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,980 shares of the company’s stock worth $51,000 after purchasing an additional 1,781 shares during the period. Allworth Financial LP purchased a new position in shares of Adeia during the 2nd quarter worth approximately $54,000. Finally, GHP Investment Advisors Inc. purchased a new position in shares of Adeia during the 1st quarter worth approximately $58,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.
Trending Headlines about Adeia
Here are the key news stories impacting Adeia this week:
- Positive Sentiment: Rosenblatt Securities maintained its Buy recommendation and set a $40 target, providing a potentially bullish catalyst for Adeia Inc. (ADEA). Rosenblatt Securities rating on Adeia
- Neutral Sentiment: Adeia appointed Dipti Vachani as chief executive officer, effective October 12, 2026. She will succeed Paul Davis and will also join the company’s board of directors. The appointment may create optimism around a new strategic direction, but investors may initially weigh execution and transition risks. Adeia appoints Dipti Vachani as chief executive officer
Adeia Company Profile
Adeia Inc (NASDAQ: ADEA) is a semiconductor and intellectual property licensing company. It develops and licenses technologies that help semiconductor manufacturers and electronics companies design and produce advanced chips and systems.
The company’s portfolio includes semiconductor packaging and interconnect technologies, such as hybrid bonding and other solutions intended to improve performance, power efficiency and integration in advanced electronic devices. Its intellectual property is used across applications including data centers, communications, consumer electronics, automotive systems and other connected devices.
Adeia serves customers and technology partners internationally through licensing agreements and related business relationships.
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