Adeia (NASDAQ:ADEA) Sets New 12-Month High – Should You Buy?

10 Apr 2026, 07:32 by Jessica Moore · The Cerbat Gem

Shares of Adeia Inc. (NASDAQ:ADEA – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $26.41 and last traded at $26.34, with a volume of 3529 shares traded. The stock had previously closed at $25.51.

Analyst Ratings Changes

A number of research analysts recently weighed in on ADEA shares. BWS Financial reaffirmed a “buy” rating and issued a $30.00 target price on shares of Adeia in a research report on Monday, March 9th. UBS Group set a $20.00 target price on shares of Adeia in a research report on Tuesday, December 23rd. Roth Mkm raised their target price on shares of Adeia from $27.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Weiss Ratings raised shares of Adeia from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 target price on shares of Adeia in a research report on Thursday, April 2nd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.80.

Read Our Latest Analysis on Adeia

Adeia Trading Up 3.3%

The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 27.61 and a beta of 1.30. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.83. The business’s 50 day simple moving average is $21.58 and its 200 day simple moving average is $17.84.

Adeia (NASDAQ:ADEA – Get Free Report) last announced its quarterly earnings results on Monday, February 23rd. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.13. The firm had revenue of $182.64 million during the quarter, compared to analysts’ expectations of $168.45 million. Adeia had a net margin of 25.05% and a return on equity of 38.01%. On average, research analysts expect that Adeia Inc. will post 1.09 EPS for the current fiscal year.

Adeia Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 16th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, March 16th. Adeia’s dividend payout ratio (DPR) is currently 20.41%.

Hedge Funds Weigh In On Adeia

A number of hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its position in Adeia by 0.7% during the second quarter. Ameriprise Financial Inc. now owns 14,509,642 shares of the company’s stock worth $205,166,000 after acquiring an additional 97,666 shares during the period. Harvey Partners LLC raised its position in Adeia by 0.5% during the second quarter. Harvey Partners LLC now owns 3,189,944 shares of the company’s stock valued at $45,106,000 after purchasing an additional 17,444 shares in the last quarter. Systematic Financial Management LP raised its position in Adeia by 27.9% during the fourth quarter. Systematic Financial Management LP now owns 2,891,131 shares of the company’s stock valued at $49,872,000 after purchasing an additional 630,039 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Adeia by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,819,336 shares of the company’s stock valued at $47,364,000 after purchasing an additional 13,412 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Adeia by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,799,445 shares of the company’s stock valued at $48,299,000 after purchasing an additional 19,601 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

About Adeia

(Get Free Report)

Adeia Inc (NASDAQ: ADEA) is a technology licensing company that focuses on acquiring, managing and monetizing intellectual property assets in the electronics and communications sectors. The company’s core business involves the strategic purchase of patent portfolios followed by the negotiation of licensing agreements, collaborative partnerships and, where necessary, enforcement actions to generate revenue from those assets. Adeia’s technology coverage spans semiconductor design, data communications, wireless networking, imaging systems and other advanced electronics applications.