Adeia (ADEA)

• Market cap: $1.44B
• 1 day: 0.76%
• 5 days: -6.46%
• 1 month: -11.38%
• 3 months: -2.99%
• 6 months: 13.46%
• Year to date: -2.99%
• 1 year: 23.33%
• 5 years: 2.62%
• 10 years: -67.27%
• Sector: Communication Services
• Industry: Cable & Other Pay Television Services

About: Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property (IP) Licensing. In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.

Employees: 150

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

35,233% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $3K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

33% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $1.26B [Q3] → $1.49B (+$230M) [Q4]

1% more funds holding

Funds holding: 201 [Q3] → 204 (+3) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 65

0.44% more ownership

Funds ownership: 97.43% [Q3] → 97.87% (+0.44%) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 28% upside
• Avg. target: $18.33 38% upside
• High target: $20 50% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Rosenblatt Kevin Cassidy 14% 1-year accuracy 11 / 77 met price target	50% upside $20	Buy Maintained	28 Feb 2025
Maxim Group Matthew Galinko 40% 1-year accuracy 12 / 30 met price target	28% upside $17	Buy Maintained	19 Feb 2025
BWS Financial Hamed Khorsand 51% 1-year accuracy 93 / 184 met price target	35% upside $18	Buy Maintained	19 Feb 2025