Adeia Inc. (ADEA)
NASDAQ: ADEA · IEX Real-Time Price · USD
12.39
-0.16 (-1.27%)
At close: Dec 29, 2023, 4:00 PM
12.30
-0.09 (-0.73%)
After-hours: Dec 29, 2023, 7:45 PM EST
Adeia Stock Forecast
Stock Price Forecast
According to 1 stock analyst, the 12-month stock price forecast for Adeia stock is $16, which predicts an increase of 29.14%. On average, analysts rate Adeia stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Oct 3, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Adeia is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +29.14% | Oct 3, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +37.21% | Aug 8, 2023 |
| BWS Financial | BWS Financial | Strong Buy Downgrades $16 | Strong Buy | Downgrades | $16 | +29.14% | Oct 6, 2022 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $17 | Buy | Initiates | $17 | +37.21% | Oct 5, 2022 |
Financial Forecast
Revenue This Year
398.58M
from 438.93M
Decreased by -9.19%
Revenue Next Year
414.08M
from 398.58M
Increased by 3.89%
EPS This Year
1.39
from -2.75
EPS Next Year
1.40
from 1.39
Increased by 0.33%
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 410.7M | 426.8M |
| Avg | 398.6M | 414.1M |
| Low | 382.4M | 396.9M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -6.4% | 7.1% |
| Avg | -9.2% | 3.9% |
| Low | -12.9% | -0.4% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | 1.44 | 1.50 |
| Avg | 1.39 | 1.40 |
| Low | 1.33 | 1.29 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | 7.2% |
| Avg | - | 0.3% |
| Low | - | -7.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.