PLAY, BEP and ADEA have been added to the Zacks Rank #5 (Strong Sell) List on July 6, 2026.
Adeia Inc. licenses patents in media, entertainment, and semiconductors, with positive but decelerating growth. I previously rated ADEA a Hold due to revenue volatility and a persistently negative tangible book value. Despite these concerns, ADEA's stock broke out in early March and has demonstrated strong momentum since.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.3% in Adeia (ADEA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here is how Adeia (ADEA) and Miami International Holdings, Inc. (MIAX) have performed compared to their sector so far this year.
Adeia Inc. (ADEA) Q1 2026 Earnings Call Transcript
Adeia (ADEA) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.26 per share a year ago.
Shares of Adeia Inc. (NASDAQ: ADEA - Get Free Report) have received an average rating of "Moderate Buy" from the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price
Adeia Inc. is transitioning from pay-TV patents to semiconductor innovation, notably hybrid bonding for next-gen HBM memory chips. Recent agreements with AMD and new licensing deals with Disney and Microsoft provide catalysts offsetting pay-TV decline and supporting a re-rating thesis. ADEA's high-margin, operating-leverage model yielded Q4 revenues of $182.6M (+109% QoQ) and 62.6% adjusted EBITDA margin, with 2026 guidance emphasizing recurring, higher-quality revenue.
Adeia has been signing multi-year IP licensing deals with Tier-1 technology companies. Multi-year deals with the capability to generate predictable recurring revenue. In March 2026, the company finalized the multi-year deal with AMD, which signifies a strategy to focus on the semiconductor sector.
Adeia (ADEA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Adeia (ADEA) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.47 per share a year ago.
Adeia Inc. (ADEA) Q4 2025 Earnings Call Transcript