Adeia (NASDAQ:ADEA) Given Buy Rating at Rosenblatt Securities

Adeia (NASDAQ:ADEA)‘s stock had its “buy” rating reissued by investment analysts at Rosenblatt Securities in a research note issued on Tuesday, Benzinga reports. They presently have a $40.00 price target on the stock. Rosenblatt Securities’ target price indicates a potential upside of 61.81% from the company’s previous close.

A number of other equities analysts also recently issued reports on the stock. Zacks Research raised shares of Adeia from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Adeia from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Finally, BWS Financial raised their target price on Adeia from $30.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Adeia presently has an average rating of “Moderate Buy” and a consensus price target of $37.60.

Adeia Stock Performance

Shares of NASDAQ ADEA traded down $0.20 during midday trading on Tuesday, hitting $24.72. 2,109,216 shares of the stock traded hands, compared to its average volume of 1,383,122. The firm has a 50-day moving average of $26.56 and a two-hundred day moving average of $27.65. The firm has a market capitalization of $2.73 billion, a P/E ratio of 22.89 and a beta of 1.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.25 and a current ratio of 3.25. Adeia has a one year low of $11.61 and a one year high of $34.34.

Adeia (NASDAQ:ADEA) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The firm had revenue of $96.12 million for the quarter, compared to analysts’ expectations of $96.79 million. Adeia had a return on equity of 39.26% and a net margin of 26.05%. On average, equities analysts forecast that Adeia will post 1.17 EPS for the current fiscal year.

Hedge Funds Weigh In On Adeia

Institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new position in shares of Adeia in the second quarter worth about $34,000. Hantz Financial Services Inc. raised its position 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 valued at $25,000 after buying an additional 1,180 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Adeia during the second quarter valued at approximately $54,000. GHP Investment Advisors Inc. bought a new stake in shares of Adeia during the first quarter valued at approximately $58,000. Finally, Rockefeller Capital Management L.P. raised its position in shares of Adeia by 148.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,980 shares of the company’s stock valued at $51,000 after buying an additional 1,781 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

Key Adeia News

Here are the key news stories impacting Adeia this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating on Adeia and set a $40 price target, implying approximately 61.5% upside from the recently cited price. The target signals confidence in the company’s valuation and growth prospects. Rosenblatt Securities rating report
• Neutral Sentiment: Adeia appointed Dipti Vachani as chief executive officer, effective October 12, 2026, succeeding Paul Davis. Vachani will also join the company’s board on that date. The appointment creates a potential catalyst if the new CEO accelerates execution, but investors may initially remain cautious while evaluating the leadership change. Adeia appoints Dipti Vachani as Chief Executive Officer

About Adeia

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.