ADEIA CORP
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 11.70 $ to 33.60 $ · Last price: 24.90 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Software - Application
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| ADEIA CORP ADEA | 2.9 | 23.1 | 11.4 | 100.0 | 39.0 | 17.9 | 60.3 |
| Salesforce.com Inc CRM | 194.7 | 24.2 | 14.3 | 77.3 | 21.8 | 9.6 | 1.1 |
| Uber Technologies Inc UBER | 144.3 | 18.9 | 19.7 | 40.8 | 14.6 | 18.3 | -23.8 |
| ServiceNow Inc NOW | 138.5 | 82.3 | 40.2 | 74.8 | 13.3 | 20.9 | -27.2 |
| Snowflake Inc. SNOW | 115.4 | – | -76.6 | 67.0 | -22.2 | 29.2 | 55.3 |
| Automatic Data Processing Inc ADP | 108.8 | 25.1 | 16.4 | 48.7 | 30.2 | 7.1 | -3.0 |
| Adobe Systems Incorporated ADBE | 99.2 | 14.3 | 9.8 | 89.3 | 35.3 | 10.5 | -30.2 |
| Intuit Inc INTU | 86.0 | 20.0 | 12.2 | 81.0 | 47.0 | 15.6 | -52.2 |
| Datadog Inc DDOG | 84.3 | 631.8 | 268.8 | 79.5 | 0.8 | 27.7 | 75.8 |
| Median of companies shown | 108.8 | 23.6 | 14.3 | 77.3 | 21.8 | 17.9 | -3.0 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 260 | 134 | 56 | 1.12 | 146 | 508 | 1,186 |
| 2017 | 374 | 5 | -57 | -1.15 | 147 | 436 | 1,110 |
| 2018 | 406 | 50 | 0 | -0.01 | 135 | 619 | 1,235 |
| 2019 | 280 | -64 | -63 | -1.27 | 169 | 548 | 1,048 |
| 2020 | 516 | 267 | 147 | 1.75 | 428 | 1,457 | 2,701 |
| 2021 | 878 | 25 | -55 | -0.53 | 235 | 1,350 | 2,470 |
| 2022 | 439 | 162 | -296 | -2.75 | 183 | 301 | 1,211 |
| 2023 | 389 | 136 | 67 | 0.60 | 153 | 357 | 1,106 |
| 2024 | 376 | 129 | 65 | 0.57 | 212 | 397 | 1,098 |
| 2025 | 443 | 209 | 111 | 0.98 | 158 | 481 | 1,039 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.32 | 181.80 | 119 | 37.20 | 30.20 | 108 | 95 |
| 2025: Q1 | 0.10 | 1,213.60 | 88 | 5.10 | 13.50 | 57 | 52 |
| 2025: Q2 | 0.15 | 100.10 | 86 | -1.80 | 19.50 | 23 | 23 |
| 2025: Q3 | 0.08 | -54.20 | 87 | 1.40 | 10.10 | 18 | 16 |
| 2025: Q4 | 0.65 | 105.80 | 183 | 53.30 | 40.40 | 60 | 59 |
| 2026: Q1 | 0.20 | 90.80 | 105 | 19.50 | 21.70 | 59 | 53 |
| 2026: Q2 | 0.15 | 0.00 | 96 | 12.10 | 18.10 | 55 | 54 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 18 of our scanner strategies — each hit links to the scanner.
Backtested Scanners
Growth
Quality & Balance Sheet
Aktien.Guide
Momentum & Trend
- Above the 50- & 200-SMA
- CANSLIM Type RS
- Gary Antonacci: Dual Momentum (Stock Adaptation)
- High ADR (≥5%)
- Mark Minervini: Trend Criteria — 1 Month
- Mike Webster: Swing Trading List
- RS Leader (≥90)
- Richard Moglen: Top Performers 3/6 Month
- Stan Weinstein: Stage 2
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1.42 | 1.40 – 1.45 | 416 | -13.7% | 4 |
| 12/31/2027 | 1.60 | 1.53 – 1.68 | 451 | 12.4% | 4 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 4.5% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $181.5M |
|---|---|
| Market cap | $2.88B |
| Free cash flow in year ten | $282.8M |
| Terminal value as a share of market value | 51.8% |
For comparison: over the past five years free cash flow shrank by 16.6% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Adeia setzt Künstliche Intelligenz (maschinelles Lernen, generative KI) laut 10-K intern in Forschung & Entwicklung ein, um neue lizenzierbare Technologien zu erfinden — erzielt aber keine eigenständigen KI-Produktumsätze. Das Geschäftsmodell ist Patentlizenzierung; die KI-Relevanz entsteht bei den Lizenznehmern (Hybrid-Bonding-Patente stecken in Chips für KI-Rechenzentren, Medien-Patente in NLP/Bilderkennung). Weil die eigene KI-Nutzung operativ (in der R&D) belegt ist, KI aber nicht als Produkt verkauft wird, greift „nutzt“ vor „verkauft“.
View the full file — quotes, sources, reviewed filings
„We continue to focus our R&D efforts on IP development and next generation technology solutions, including semiconductor hardware research, machine learning, generative AI and advanced algorithm development."
Wir richten unsere Forschungs- und Entwicklungsanstrengungen weiterhin auf die Entwicklung von geistigem Eigentum und Technologielösungen der nächsten Generation aus, einschließlich Halbleiter-Hardwareforschung, maschinellem Lernen, generativer KI und der Entwicklung fortgeschrittener Algorithmen.
10-K · 2026-02-26 · View SEC filing
„Our technologies span the media and semiconductor industries and our inventions are relevant across the entire AI stack. Our semiconductor innovations enable critical advancements in logic and memory devices that form the backbone of today's AI infrastructure."
Unsere Technologien erstrecken sich über die Medien- und Halbleiterindustrie, und unsere Erfindungen sind über den gesamten KI-Stack hinweg relevant. Unsere Halbleiter-Innovationen ermöglichen entscheidende Fortschritte bei Logik- und Speicherbausteinen, die das Rückgrat der heutigen KI-Infrastruktur bilden.
10-K · 2026-02-26 · View SEC filing
Rated on July 10, 2026 · How the Rating Is Built
Earnings calls
What the Earnings Calls Reveal
Adeia delivers operationally and closed 2025 with record revenue above the top end of its original guidance; with Amazon, Disney, Microsoft and AMD, the most coveted customers are now under license. Still, the communication record across ten calls is notable: 2024 guidance was missed, and the November 2025 cut to the 2025 range proved badly wrong within weeks. The large semiconductor deal carried in guidance since 2024 only closed in March 2026 after patent litigation against AMD, and the 100 million dollar semiconductor revenue target named in the Q4 2023 call vanished from the calls without comment.
Big semiconductor deal: nearly two years to signature
As early as 2024-Q1, management explicitly based its annual guidance on expected new license agreements in both OTT and semiconductors; in 2024-Q2 both were firmly promised for the second half of 2024. In 2024-Q3 guidance was cut and management itself flagged that one of the two deals might slip into 2025; in 2024-Q4 the slip was official. The deal also failed to close in 2025-Q1 and 2025-Q2; in 2025-Q3, instead of a signature, came patent litigation against AMD - only then was the customer even named. The agreement was signed in March 2026 (2026-Q1), roughly 22 months after it first appeared in guidance. For fairness: the OTT part of the promise was delivered with Amazon in 2024-Q4, and after the lawsuit AMD took only four months to sign.
Guidance zigzag 2025: cut in November, record in December
In 2025-Q2 the CEO said, when asked, that the company could reach its annual targets even without the large semiconductor deal, even toward the high end of the range. Three months later (2025-Q3), the range was cut from 390-430 to 360-380 million dollars - justified precisely by the missing AMD deal; analyst Hamed Khorsand confronted management with this contradiction on the call. The CEO stood by his earlier statement and explained the cut by the late point in the year, which had narrowed the number of available paths. The year ended at 443 million dollars (2025-Q4), above the top of the original range. The company's own November cut thus proved badly wrong within weeks; per an analyst question on the following call, management raised guidance again before Christmas. The main driver was the Disney license agreement, alongside further signings and higher royalty reports. So the original 2025 range was ultimately exceeded - what was clearly missed was the 2024 range: after the cut in 2024-Q3, actual revenue came in at 376 million instead of the original 380-420 million (2024-Q4).
Gone without comment: the 100 million semiconductor target
In the Q4 2023 call the CEO named a target of 100 million dollars in annual semiconductor revenue, to which the Western Digital and Kioxia deals were meant to contribute significantly. He gave no deadline - it was a long-term goal, not a dated promise. In none of the nine following calls was the target ever mentioned again; per the CFO, semiconductor revenue was about 18 million in 2024 and about 26 million dollars in 2025 (2025-Q4). The target is therefore not demonstrably broken, but it has disappeared from the reporting without comment. The second long-term goal - 500 million dollars in total revenue - is still cited, in five of the ten calls (2023-Q4, 2024-Q1, 2024-Q3, 2025-Q4, 2026-Q1), likewise without any timeline.
No quarterly timing, no customer names - until litigation
Asked when the announced large deals would close (Khorsand in 2024-Q1, 2024-Q2, 2024-Q3, 2024-Q4 and 2025-Q3), management always pointed to annual guidance only: very large, complex deals, quarterly timing not predictable; twice (2024-Q1, 2024-Q3) the CEO cited a typical negotiation cycle of 18 to 24 months. The answers were not uniformly evasive, however - in 2024-Q2 and 2024-Q4 the CEO explicitly promised a closing within the running year, and in 2024-Q3 management disclosed the possible slip on its own initiative. It was precisely those concrete annual commitments that then failed to hold. Investors learned the semiconductor customer's name only through the AMD lawsuit (2025-Q3); for the OTT deal the customer was named voluntarily at signing (Amazon, 2024-Q4), and Disney, per the CEO, was explicitly never part of the 2024 forecast. In 2026-Q1 the CFO declined to break out what share of the AMD revenue was retroactive and thus one-off.
More lawsuits, new pet metric, open contradiction on the call
The number of legal disputes has risen sharply: Disney (2024-Q3), AMD (2025-Q3), plus the dispute initiated by DIRECTV itself with a countersuit from Adeia (2025-Q4) and the failed DISH renewal (2026-Q1). This was not a quiet change of strategy, however: already in the Q4 2023 call, in which the CEO pointed to more than 95 almost entirely litigation-free agreements, the CFO announced a doubling of litigation costs back to historically normal levels, and the CEO named litigation explicitly as a prepared option. In 2025-Q4 the CEO put permanently budgeted litigation costs at 25 to 35 million dollars per year. In parallel, from 2025-Q1 the non-pay-TV recurring revenue metric (+25 to +31 percent per quarter) moved to the center of the calls while total revenue stagnated around 86 to 88 million for three quarters. The clearest finding sits in 2026-Q1: CFO and CEO openly contradicted each other on the call about whether AMD will be a 10 percent customer going forward - the CFO said yes, the CEO corrected to no immediately after. On the same call, CEO Davis announced his resignation for health reasons; a successor is to be in place by the fourth quarter of 2026.
Management promises
- 2023-Q4 — 2024 revenue guidance: 380 to 420 million dollars. Cut to 370-400 million in 2024-Q3; actual 2024 per 2024-Q4: 376 million - below the low end of the original range. broken
- 2024-Q2 — Significant new OTT license agreement in the second half of 2024. Delivered: multiyear agreement with Amazon, a top-3 OTT provider, signed in 2024-Q4. kept
- 2024-Q2 — Significant new semiconductor license agreement still in the second half of 2024. Postponed in 2024-Q3 and 2024-Q4, still open through 2025, litigation against AMD instead of a signing in 2025-Q3; signed only in March 2026 (2026-Q1). broken
- 2024-Q4 — 2025 revenue of 390 to 430 million dollars with mid-to-high single-digit growth. Ultimately exceeded: 443 million, up about 18 percent (2025-Q4) - though only after an interim cut to 360-380 million in 2025-Q3 and thanks to the Disney agreement in the final quarter. kept
- 2025-Q3 — Recurring revenue crosses roughly 90 million dollars in the fourth quarter of 2025. Kept: per 2026-Q1, recurring revenue in the prior quarter was 94.5 million dollars. kept
- 2025-Q3 — Revenue growth is projected for 2026. The promise referred to the then-lowered base of 360-380 million. The 2026 range of 395-435 million (2025-Q4, reaffirmed in 2026-Q1) does sit below the 2025 actual of 443 million; but the 2025 actual contained a large one-off catch-up component from the Disney agreement - the final quarter was roughly half recurring and half one-off per the CFO. The two figures are therefore not directly comparable. open
- 2026-Q1 — A successor for CEO Paul Davis is to be found by the fourth quarter of 2026. Per 2026-Q1 the search is underway with an external firm; Davis stays on until the handover. open
Based on public earnings call transcripts. Reviewed: 10 transcripts 2023-Q4 through 2026-Q1.
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 0.3%
- More than 10% revenue growth is expected for the coming year 7.3%
- Share count grows by less than 3% a year 1.6%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 51.6%
- Gross margin at 40% or higher and without meaningful erosion 87.2%
- Goodwill from acquisitions does not grow faster than revenue 30.2%
- Net debt below twice EBITDA 1.2 x EBITDA
- Operating cash flow covers the profits of the last three years 280 m
- Return on capital at 15% or higher, or up versus two years ago 21.8%
- Insiders hold at least 10% or are net buyers 2.0%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
5/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 6.1%
- Exp. sales growth 3Y > 5% 0.9%
- EBIT growth 10Y > 5% 5.0%
- Exp. EBIT growth 3Y > 5% 27.6%
- Net debt < 4x EBIT 1.4x
- EBIT positive, 10Y straight 9
- Max. EBIT decline < 50% 100.0%
- Return on equity > 15% –
- ROCE > 15% 21.8%
- Expected return > 10% 34.2%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 1, 2026 | Jones Keith A | Chief Financial Officer | Other | 29,578 | 26.65 | 788,254 |
The company
About the Company
Adeia Inc. ist gemeinsam mit ihren Tochtergesellschaften als Plattformunternehmen für die Lizenzierung von Medien- und Halbleiter-IP in den USA, Asien, Kanada, Europa, dem Nahen Osten und international tätig.
- Employees
- 150
- Headquarters
- San Jose, CA
- Address
- 3025 Orchard Parkway, 95134 San Jose, United States
- Phone
- 408 473 2500
- Website
- adeia.com
- IPO Date
- 11/20/2003
- ISIN
- US00676P1075
- Stock Split
- 189:50 on 10/03/2022
Management
| Name | Title | Birth Year |
|---|---|---|
| Paul E. Davis J.D. | CEO & Director | 1975 |
| Keith A. Jones | Chief Financial Officer | 1970 |
| Kevin Tanji | Chief Legal Officer & Corporate Secretary | 1978 |
| Mark Kokes | Chief Revenue Officer | 1973 |
| Serhad Doken | Chief Technology Officer | – |
| Chris Chaney | Vice President of Investor Relations | – |
| Jarl Berntzen | Chief Corporate Development Officer | 1967 |
| Christina Sawyer | Chief People Officer | – |
| Craig S. Mitchell | Chief Semiconductor Officer | 1972 |
| Joseph Guiliano | Chief intellectual property (IP) officer | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.