Adeia (NASDAQ:ADEA) Stock Price Target Cut by Rosenblatt Securities

Adeia (NASDAQ:ADEA) had its target price dropped by equities researchers at Rosenblatt Securities from $40.00 to $35.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities‘s price objective indicates a potential upside of 69.33% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Zacks Research upgraded Adeia from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. BWS Financial restated a “buy” rating and issued a $50.00 price target on shares of Adeia in a research report on Wednesday, October 7th. Finally, Weiss Ratings lowered shares of Adeia from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, September 29th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $36.60.

Adeia Price Performance

Shares of ADEA stock opened at $20.67 on Tuesday. The firm has a fifty day moving average of $24.29 and a two-hundred day moving average of $25.47. The firm has a market cap of $2.28 billion, a P/E ratio of 19.14 and a beta of 1.35. Adeia has a 1-year low of $11.61 and a 1-year high of $34.34. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.25 and a quick ratio of 3.25.

Adeia (NASDAQ:ADEA) last issued its earnings results on Monday, November 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.09). Adeia had a net margin of 26.05% and a return on equity of 39.26%. The company had revenue of $80.19 million during the quarter, compared to analyst estimates of $98.88 million. As a group, research analysts anticipate that Adeia will post 1.17 earnings per share for the current fiscal year.

Institutional Trading of Adeia

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Adeia during the second quarter worth approximately $573,267,000. The Manufacturers Life Insurance Company acquired a new stake in Adeia in the 2nd quarter valued at approximately $46,004,000. Deutsche Bank AG acquired a new stake in Adeia in the 2nd quarter valued at approximately $34,520,000. Bank of New York Mellon Corp bought a new stake in Adeia during the 2nd quarter valued at $34,425,000. Finally, Bank of America Corp DE bought a new stake in Adeia during the 2nd quarter valued at $23,679,000. 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: Adeia declared a quarterly dividend of $0.05 per share, or $0.20 annualized, representing an approximately 1.0% yield. Shareholders of record on November 23 will receive payment on December 14.
• Positive Sentiment: The company signed multi-year license renewals with Charter and TCL, supporting the stability of its recurring licensing business. Adeia also reiterated confidence in a long-term annual revenue opportunity of approximately $600 million. Adeia Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Non-pay-TV revenue reportedly increased 48% year over year, indicating progress in diversifying growth beyond the company’s traditional pay-TV licensing exposure. Adeia Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Dipti Vachani was appointed chief executive officer. The appointment may support the company’s strategic transition, but investors could remain cautious while new leadership establishes its plans. Adeia Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Third-quarter adjusted earnings were $0.21 per share, below estimates ranging from $0.30 to $0.33, while revenue of $80.19 million missed the roughly $98.88 million consensus. Earnings also declined from $0.28 per share a year earlier. Adeia Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: Adeia is targeting 2026 revenue of $375 million to $415 million and cited timing risk involving a small number of deals. The lower near-term visibility is likely disappointing investors, particularly after the quarterly miss. Adeia Targets 2026 Revenue

About Adeia

Adeia Inc is a semiconductor intellectual property company that develops and licenses technologies used in the design, manufacture and packaging of advanced electronic devices. Rather than producing semiconductors itself, the company works with chipmakers, foundries and other industry participants to commercialize its intellectual property.

Adeia’s portfolio includes technologies for three-dimensional semiconductor integration, hybrid bonding, advanced packaging, memory and chip-to-chip connectivity.