Adeia (NASDAQ:ADEA – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Rosenblatt Securities in a research report issued on Tuesday, Benzinga reports. They presently have a $40.00 price objective on the stock. Rosenblatt Securities’ price objective indicates a potential upside of 62.35% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Weiss Ratings upgraded shares of Adeia from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. Zacks Research raised shares of Adeia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, BWS Financial increased their price target on shares of Adeia from $30.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Adeia has an average rating of “Moderate Buy” and an average price target of $37.60.
Check Out Our Latest Report on ADEA
Adeia Price Performance
Adeia (NASDAQ:ADEA – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.34 earnings per share for the quarter, topping 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 net margin of 26.05% and a return on equity of 39.26%. As a group, sell-side analysts anticipate that Adeia will post 1.17 earnings per share for the current year.
Hedge Funds Weigh In On Adeia
A number of institutional investors and hedge funds have recently made changes to their positions in ADEA. Integrated Wealth Concepts LLC bought a new position in shares of Adeia during the second quarter valued at approximately $458,000. NewEdge Advisors LLC increased its stake in shares of Adeia by 29.2% during the second quarter. NewEdge Advisors LLC now owns 30,258 shares of the company’s stock valued at $996,000 after purchasing an additional 6,832 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Adeia during the second quarter valued at approximately $3,028,000. Nykredit A S bought a new position in shares of Adeia during the second quarter valued at approximately $126,000. Finally, Allianz Asset Management GmbH bought a new position in shares of Adeia during the second quarter valued at approximately $3,835,000. Institutional investors own 97.36% of the company’s stock.
More 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
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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