Adeia Inc. (ADEA) Stock Price & Analysis
Adeia Inc. (ADEA) closed at USD 22.75 on Wednesday, October 28, 2026, up 0.22% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 22.7; the Oct 28, 2026 session ranged USD 22.21–22.85 on volume of 813,582 shares. Market capitalization is $2.51B, with a 52-week range of USD 11.61–34.34 (NMS). Source: Nexqual, retrieved October 28, 2026 at 22:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ADEA.md
Key facts (ADEA)
- Last four reported quarters (through Jun 30, 2026): revenue $471M, net income $123M (26.1% margin), free cash flow $189M (SEC filings).
- Valuation: P/E 20.5x (avg 20.9x at the last 3 fiscal year-ends), EV/EBITDA 13.9x, net debt $249M.
- 1 of 80 tracked superinvestors hold ADEA (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $3.2M; 1 not under a Rule 10b5-1 plan ($3.2M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.50 on a 1–5 scale) (4 analysts), mean target USD 43 (range 39–50).
- Total return with dividends: 1Y +30.6% vs S&P 500 +13.6%; 5Y +220.3% vs S&P 500 +79.8%.
- Next earnings: 2026-11-02, EPS estimate USD 0.3, revenue estimate $98.9M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ADEA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $391M | $439M | $389M | $376M | $443M | $471M |
| Operating income | $119M | $153M | $136M | $129M | $175M | $196M |
| Net income | -$55.5M | -$296M | $67.4M | $64.6M | $111M | $123M |
| EPS (diluted) | -$0.52 | -$2.75 | $0.60 | $0.57 | $0.99 | — |
| Free cash flow | $221M | $170M | $149M | $211M | $156M | $189M |
| Operating margin | 30.4% | 34.9% | 35.0% | 34.2% | 39.5% | 41.6% |
| Net margin | -14.2% | -67.4% | 17.3% | 17.2% | 25.1% | 26.1% |
| Revenue growth | -24.2% | +12.2% | -11.4% | -3.3% | +17.9% | — |
| Cash + short-term investments | $141M | — | $83.6M | $110M | $137M | — |
| Total debt | $765M | $729M | $586M | $475M | $418M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ADEA)
P/E 20.5x · P/S 5.3x · EV/EBITDA 13.9x · EV/Sales 5.9x · P/FCF 13.3x · P/B 5.3x · FCF yield 7.52% · Earnings yield 4.89% · Dividend yield (paid, TTM) 0.87% · Buyback yield (TTM) 1.20% · Net debt $249M · EV $2.76B
P/E at fiscal year-ends: Dec 2025 17.5x, Dec 2024 24.5x, Dec 2023 20.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (ADEA)
1 of 80 tracked investors hold ADEA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.01% | $1.7M | New position |
Insider sales (SEC Form 4, open-market, last ~7 months) (ADEA)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-13 | Tanji Kevin | Chief Legal Officer | 99,342 | $3.2M | 24.1% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (ADEA)
Consensus Buy (mean 1.50 on a 1–5 scale), 4 analysts; mean target USD 43 (low 39, high 50).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-07 | BWS Financial | Maintained | Buy | $50 |
| 2026-09-29 | Rosenblatt | Maintained | Buy | $40 |
| 2026-08-14 | BWS Financial | Target raised | Buy | $30 → $50 |
| 2026-08-04 | BWS Financial | Maintained | Buy | $30 |
| 2026-08-04 | Rosenblatt | Maintained | Buy | $40 |
Total return (dividends reinvested) (ADEA)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +30.6% | +220.3% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +30.7% | +26.2% |
| Volatility (annualized) | 66.8% | 48.0% |
| Max drawdown | -39.0% (May 2026→Oct 2026) | -37.9% (Apr 2026→Oct 2026) |
ADEA earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 3, 2026 | Quarter ended Jun 30, 2026 | $0.34 | $0.31 | Beat +9.7% | +17.1% |
| May 4, 2026 | Quarter ended Mar 31, 2026 | $0.38 | $0.33 | Beat +15.2% | -15.7% |
| Feb 23, 2026 | Quarter ended Dec 31, 2025 | $0.86 | $0.75 | Beat +14.7% | +3.8% |
| Nov 3, 2025 | Quarter ended Sep 30, 2025 | $0.28 | $0.34 | Miss −17.6% | -25.2% |
| Aug 5, 2025 | — | — | — | — | +11.2% |
| May 5, 2025 | — | — | — | — | +4.9% |
| Feb 18, 2025 | — | — | — | — | +23.4% |
| Nov 7, 2024 | — | — | — | — | -18.0% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
ADEA recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Sep 28, 2026 | 8-K | Director or executive officer change, or pay arrangement; Other material event “As previously announced, on May 4, 2026, Paul E. Davis, Adeia Inc.'s (the "Company") chief executive officer, notified the Company and the Company's Board of Directors (the "Board") of his intention to step down as the Company's chief executive officer and as a member of the Board to focus on his health and personal pursuits. On September 24, 2026, Mr. Davis resigned as chief executive officer and a member of the Board, effective October 12, 2026. On the same day, the Board accepted Mr. Davis's resignation and…” |
| Aug 14, 2026 | Schedule 13G/A | Ameriprise Financial, Inc., Columbia Management Investment Advisers, LLC: 12.4% of shares, passive 5%+ holder (amended) |
| Aug 6, 2026 | Schedule 13G | FMR LLC, Abigail P. Johnson: 5.4% of shares, passive 5%+ holder |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 3, 2026 | 8-K | Quarterly results |
| Jul 28, 2026 | 8-K | Director or executive officer change, or pay arrangement “On July 22, 2026, the Compensation Committee of Board of Directors of Adeia Inc. (the "Company") approved certain changes described below to its existing severance agreements (each, a "Prior Severance Agreement") entered into with each of (i) Keith A. Jones, the Company's Chief Financial Officer, (ii) Dr. Mark Kokes, the Company's Chief Revenue Officer, and (iii) Kevin Tanji, the Company's Chief Legal Officer and Secretary. Such changes will be memorialized in an amended and restated severance agreement to be…” |
| Jul 1, 2026 | 8-K | Regulation FD disclosure |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
ADEA revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Media Platform | $81.3M | 84.6% | +0.3% |
| Recurring Revenue | $73.5M | 76.5% | -13.6% |
| Nonrecurring Revenue | $22.6M | 23.5% | +3441.2% |
| Semiconductor | $14.8M | 15.4% | +215.3% |
| Total revenue | $96.1M | 100% | — |
ADEA revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $74.4M | 77.4% | +9.6% |
| Asia | $16.5M | 17.2% | +33.9% |
| Europe & Middle East | $4.6M | 4.8% | +140.3% |
| Other Asia | $478,000 | 0.5% | +3.0% |
| Canada | $59,000 | 0.1% | -98.1% |
| Total revenue | $96.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ADEA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Alphabet (Google) (GOOGL) | “Customers typically pay us a monthly per-subscriber fee and include many of the leading MVPDs and virtual MVPDs such as Charter, Comcast (including Sky), Cox, DISH Network (including Sling TV), Google (including YouTube TV), Hulu + Live TV, Optimum (formerly Altice USA), Verizon and Vodafone.” |
| Customer | Hulu | “Customers typically pay us a monthly per-subscriber fee and include many of the leading MVPDs and virtual MVPDs such as Charter, Comcast (including Sky), Cox, DISH Network (including Sling TV), Google (including YouTube TV), Hulu + Live TV, Optimum (formerly Altice USA), Verizon and Vodafone.” |
| Customer | Samsung Electronics | “Select customers include LG, Panasonic, Roku, Samsung, Sharp, Canon and TCL.” |
| Customer | Comcast (CMCSA) | “Customers typically pay us a monthly per-subscriber fee and include many of the leading MVPDs and virtual MVPDs such as Charter, Comcast (including Sky), Cox, DISH Network (including Sling TV), Google (including YouTube TV), Hulu + Live TV, Optimum (formerly Altice USA), Verizon and Vodafone.” |
| Customer | Verizon (VZ) | “Customers typically pay us a monthly per-subscriber fee and include many of the leading MVPDs and virtual MVPDs such as Charter, Comcast (including Sky), Cox, DISH Network (including Sling TV), Google (including YouTube TV), Hulu + Live TV, Optimum (formerly Altice USA), Verizon and Vodafone.” |
| Customer | ESPN | “Customers have typically paid us fixed fees for specified periods of time and include some of the leading media companies and services including Amazon (including Amazon Prime), DAZN, Disney+, ESPN+, Google (including YouTube), Hulu, Starz and Peacock.” |
| Customer | Panasonic | “Select customers include LG, Panasonic, Roku, Samsung, Sharp, Canon and TCL.” |
| Customer | Kioxia | “These agreements are typically for specified periods of time, and our customers include Kioxia, Micron, Samsung, SanDisk, SK Hynix, Sony, ST Microelectronics, and UMC.” |
| Customer | Micron Technology (MU) | “These agreements are typically for specified periods of time, and our customers include Kioxia, Micron, Samsung, SanDisk, SK Hynix, Sony, ST Microelectronics, and UMC.” |
| Customer | Sandisk (SNDK) | “These agreements are typically for specified periods of time, and our customers include Kioxia, Micron, Samsung, SanDisk, SK Hynix, Sony, ST Microelectronics, and UMC.” |
| Customer | SK hynix | “These agreements are typically for specified periods of time, and our customers include Kioxia, Micron, Samsung, SanDisk, SK Hynix, Sony, ST Microelectronics, and UMC.” |
| Customer | Sony (SONY) | “These agreements are typically for specified periods of time, and our customers include Kioxia, Micron, Samsung, SanDisk, SK Hynix, Sony, ST Microelectronics, and UMC.” |
| Partner | Amazon (AMZN) | “In December of 2024 we announced that Amazon signed a multi-year license agreement for access to our media portfolio.” |
| Partner | Walt Disney (DIS) | “The increase in revenue during the year ended December 31, 2025, as compared to the prior year, was primarily attributable to the execution of a new long-term license agreement with Disney in the fourth quarter of 2025, partially offset by a multi-year license agreement with Amazon in the fourth quarter of 2024.” |
Quoted from the company's 10-K filed Feb 26, 2026.
ADEA customer concentration
In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (15.6%, 13.7%) of revenue, per the company's 10-Q filed Aug 5, 2026. The company does not name them.
ADEA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.30 | $0.35 | -14.8% | $98.9M | 4 |
| Next quarter (ends Dec 2026) | $0.41 | $0.38 | +7.2% | $116.3M | 4 |
| Current fiscal year (ends Dec 2026) | $1.42 | $1.42 | +0.2% | $416.0M | 4 |
| Next fiscal year (ends Dec 2027) | $1.60 | $1.55 | +3.4% | $451.1M | 4 |
ADEA options: expected move
Options price a move of about ±16.9% (±$3.88) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±14.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 73.2% | ±16.9% |
| Dec 18, 2026 | 51 | 64.9% | ±19.1% |
| Mar 19, 2027 | 142 | 64.3% | ±30.9% |
| Jun 17, 2027 | 232 | 63.3% | ±38.5% |
30-day implied volatility 60.8% vs 49.8% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 28, 2026 at 22:39 UTC)
| Price | USD 22.75 |
|---|---|
| Change | ▲ 0.22% (up) |
| Previous Close | USD 22.7 |
| Open | USD 22.85 |
| Day Range | USD 22.21 – 22.85 |
| 52-Week Range | USD 11.61 – 34.34 |
| Volume | 813,582 shares |
| Market Cap | $2.51B |
| Exchange | NMS |
Technical Analysis (ADEA)
Nexqual's technical model rates ADEA "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 28, 2026 at 22:39 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 45.62 (neutral) |
| vs SMA50 | Below (USD 24.61) |
| MACD | -0.89 (negative) |
Analyst Ratings (ADEA)
Wall Street analysts rate ADEA "Buy" based on 4 analysts, with a mean price target of USD 43 (range USD 39–50), per Nexqual as of October 28, 2026 at 22:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 43 |
| High Target | USD 50 |
| Low Target | USD 39 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (ADEA)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 0.3 |
| Revenue Estimate | $98.87M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.34 vs est 0.31 ▲ beat |
| 2026-03-31 | USD 0.38 vs est 0.33 ▲ beat |
| 2025-12-31 | USD 0.86 vs est 0.75 ▲ beat |
| 2025-09-30 | USD 0.28 vs est 0.34 ▼ miss |
Source: Nexqual, October 28, 2026 at 22:39 UTC.
Financials & Fundamentals (ADEA)
| Total Revenue | $470.87M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +12.10% |
| Gross Margin | +100.00% |
| Operating Margin | +31.95% |
| Profit Margin | +26.05% |
| ROE | +27.88% |
| Debt / Equity | 0.83 |
| Current Ratio | 3.25 |
| Total Cash | $137.08M |
| Total Debt | $395.26M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $188.57M (40.0% of revenue) |
Source: Nexqual, October 28, 2026 at 22:39 UTC.
Financial Health Score (ADEA)
Nexqual rates Adeia Inc.'s overall financial health "Strong" across five dimensions, as of October 28, 2026 at 22:39 UTC.
| Growth | Strong — Revenue +18% YoY (annual) |
|---|---|
| Profitability | Strong — Operating margin 42% |
| Balance Sheet | Mixed — $137M cash and investments vs $386M debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $189M (last 4 quarters to Jun 2026, SEC), 40% margin |
| Efficiency | Strong — ROE 26%, ROA 12.1% (last 4 quarters, SEC) |
Ownership (ADEA)
| Insider Ownership | +1.99% |
|---|---|
| Institutional Ownership | +105.71% |
| Shares Outstanding | 110.28M |
| Float | 107.70M |
| Short % of Float | +11.23% |
Source: Nexqual, October 28, 2026 at 22:39 UTC.
Leadership (ADEA)
Adeia Inc. is led by Serhad Doken, Chief Technology Officer, per Nexqual as of October 28, 2026 at 22:39 UTC.
| Chief Technology Officer | Serhad Doken |
|---|---|
| Vice President of Investor Relations | Chris Chaney |
| Chief Semiconductor Officer | Craig S. Mitchell |
| Chief Strategy Officer | Bill Thomas |
Major Backers & Investors (ADEA)
Notable institutional backers of Adeia Inc. include Ameriprise Financial, Inc., FMR, LLC, Neuberger Berman Group, LLC, according to Nexqual as of October 28, 2026 at 22:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Ameriprise Financial, Inc. | 12.44% |
| FMR, LLC | 5.44% |
| Neuberger Berman Group, LLC | 3.15% |
| Price (T.Rowe) Associates Inc | 2.77% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.79% |
| Vanguard Group | 12.28% |
| Columbia Threadneedle | 8.79% |
| State Street | 4.4% |
| Geode Capital | 2.73% |
| Dimensional Fund Advisors | 2.53% |
Source: Nexqual, October 28, 2026 at 22:39 UTC.
From Adeia Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- Customers typically pay us a monthly per-subscriber fee and include many of the leading MVPDs and virtual MVPDs such as Charter, Comcast (including Sky), Cox, DISH Network (including Sling TV), Google (including YouTube TV), Hulu + Live TV, Optimum (formerly Altice USA), Verizon and Vodafone.
- Customers have typically paid us fixed fees for specified periods of time and include some of the leading media companies and services including Amazon (including Amazon Prime), DAZN, Disney+, ESPN+, Google (including YouTube), Hulu, Starz and Peacock.
- As of December 31, 2025, we held approximately 13,750 patent and patent applications worldwide, including approximately 6,250 United States issued patents and 1,950 patent applications, as well as approximately 4,100 foreign issued patents and 1,450 patent applications.
- Specifically, our portfolio enables us to address the semiconductor market demands of higher bandwidth, improved compute performance, thermal management, and cost management in heterogeneous integration.
Partnerships
- In November of 2024, we initiated litigation against Disney and in December of 2025 we resolved all outstanding litigation and signed a long-term license agreement with Disney for access to our media portfolio.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in laws, regulations, or interpretations of existing laws, relating to IP rights or the internet could create uncertainties and adversely affect our business.
- Risks Related to the Separation
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| RNG | Ringcentral, Inc. | USD 86.2 | ▲ 0.7% |
| CVLT | Commvault Systems, Inc. | USD 166.46 | ▼ 3.53% |
| TTAN | ServiceTitan, Inc. | USD 80.86 | ▼ 0.93% |
| DSGX | The Descartes Systems Group Inc | USD 92.36 | ▲ 0.2% |
| IDCC | InterDigital, Inc. | USD 320.56 | ▼ 2.51% |
| YMM | Full Truck Alliance Co. Ltd. | USD 8.08 | ▼ 4.04% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 22:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt