Roth Capital Weighs in on Adeia’s Q3 Earnings (NASDAQ:ADEA)

Adeia Inc. (NASDAQ:ADEA) – Research analysts at Roth Capital upped their Q3 2026 earnings per share estimates for Adeia in a research note issued on Monday, November 3rd. Roth Capital analyst S. Searle now anticipates that the company will earn $0.32 per share for the quarter, up from their prior estimate of $0.31. Roth Capital currently has a “Buy” rating on the stock. The consensus estimate for Adeia’s current full-year earnings is $1.09 per share. Roth Capital also issued estimates for Adeia’s Q4 2026 earnings at $0.34 EPS.

Several other equities analysts have also recently issued reports on ADEA. Rosenblatt Securities restated a “buy” rating and set a $17.00 target price on shares of Adeia in a research note on Tuesday. Wall Street Zen cut shares of Adeia from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Zacks Research downgraded shares of Adeia from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. BWS Financial reaffirmed a “buy” rating and set a $18.00 target price on shares of Adeia in a report on Tuesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Adeia in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Adeia has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Adeia Trading Down 0.8%

Shares of NASDAQ ADEA opened at $13.89 on Thursday. The firm’s 50 day moving average price is $16.19 and its 200-day moving average price is $14.56. The company has a market cap of $1.52 billion, a PE ratio of 18.77 and a beta of 1.78. Adeia has a 52-week low of $10.59 and a 52-week high of $18.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.09 and a current ratio of 3.09.

Adeia (NASDAQ:ADEA) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.08). The firm had revenue of $87.34 million during the quarter, compared to the consensus estimate of $99.24 million. Adeia had a return on equity of 30.31% and a net margin of 22.15%. Adeia has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Adeia

Institutional investors and hedge funds have recently modified their holdings of the stock. Nuveen LLC bought a new stake in Adeia in the 1st quarter valued at $11,622,000. Invesco Ltd. grew its position in shares of Adeia by 122.2% during the first quarter. Invesco Ltd. now owns 961,356 shares of the company’s stock valued at $12,709,000 after purchasing an additional 528,617 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Adeia by 19.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,765,859 shares of the company’s stock valued at $39,109,000 after purchasing an additional 448,274 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Adeia by 110.7% in the second quarter. JPMorgan Chase & Co. now owns 752,786 shares of the company’s stock worth $10,644,000 after purchasing an additional 395,462 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Adeia by 1,193.2% in the first quarter. Jane Street Group LLC now owns 348,961 shares of the company’s stock worth $4,613,000 after buying an additional 321,976 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

Adeia Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, November 24th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, November 24th. Adeia’s dividend payout ratio is presently 30.77%.

Adeia Company Profile

Adeia Inc, together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies.