Date | Price Target | Rating | Analyst |
---|---|---|---|
2/23/2024 | $15.00 | Buy | Rosenblatt |
Rosenblatt initiated coverage of Adeia Inc. with a rating of Buy and set a new price target of $15.00
SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) today announced that Joseph Guiliano was appointed as Adeia's chief intellectual property (IP) officer, after serving as outside legal counsel for Adeia's IP portfolio since 1995. "With his nearly 30 years of experience with Adeia's IP portfolio, Joe's deep understanding of Adeia's technologies will continue to be instrumental to the management and execution of our long-term portfolio strategy and revenue growth plans," commented Paul E. Davis, chief executive officer of Adeia. Prior to his appointment as Adeia's chief IP officer, Guiliano served as the lead outside IP counsel for the media business of Adeia and
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Jumia Technologies AG (NYSE:JMIA) is not making a lot of money. The company will release results for the second quarter before the opening bell on Tuesday, Aug. 6. Benchmark analyst Fawne Jiang initiated coverage of Jumia’s stock on July 9 with a Buy rating and a $14 price target. The African e-commerce company is poised to benefit from multi-year and potentially multi-decade e-commerce growth in the region. See Also: Jim Cramer Recommended This Bank A Month Before It Collapsed, An Example Of ‘His Reverse Midas Touch’ When asked about Adeia Inc. (NASDAQ:ADEA), he said, “I would actually put Trade, TTD, which was down very bad
This new license supplements Hamamatsu's existing license to Adeia's DBI® wafer-to-wafer hybrid bonding and ZiBond® wafer-to-wafer direct bonding technologies and follows from a prior development license between the parties that included a DBI Ultra® die-to-wafer hybrid bonding technology transfer.
Ratings for Adeia (NASDAQ:ADEA) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.75, along with a high estimate of $16.00 and a low estimate of $15.00. The current average, unchanged from the previous
BWS Financial analyst Hamed Khorsand maintains Adeia (NASDAQ:ADEA) with a Buy and maintains $16 price target.
The agreement covers the network service provider operations offered by Liberty Global through its various brands -- including its mobile, broadband and pay-TV services.
"We are pleased to enter into this agreement and resolve the outstanding litigation with X Corp., a leading technology company and social networking platform, furthering our well-established intellectual property licensing business," said Kevin Tanji, chief legal officer at Adeia.
Rosenblatt analyst Kevin Cassidy maintains Adeia (NASDAQ:ADEA) with a Buy and maintains $15 price target.
Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Mitsubishi Electric, the Japanese multinational electronic and electrical equipment manufacturing company, has agreed to renew its license for access to Adeia's media intellectual property (IP) portfolio. This license covers connected TVs produced by Mitsubishi for distribution to businesses and consumers in the Japanese market."Mitsubishi has maintained a leadership position in Japan's consumer electronics industry for over a century," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager of media. "Adeia's licensing agreeme
SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations shape semiconductor innovation and the way the world explores and experiences entertainment, today announced Dr. Belgacem Haba, a renowned innovator in microelectronics packaging and integration technologies, has recently received his 600th issued U.S. patent, a milestone reached by only the most prolific inventors in the world. Notably, that number is sure to grow as Dr. Haba is currently also named as an inventor on over 350 pending worldwide patent applications and continues to generate new, high-quality inventions each year. Just as he has done over the course of his sto
SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) ("Adeia" or "Company"), the company delivering innovative technology solutions across multiple industries, today announced that the Canadian Court of Appeals has issued its rulings in the Company's appeals of both the Videotron and Bell/Telus cases. Importantly, the Court agreed with the Company on several key issues, finding that the lower court erred in multiple aspects of its analysis relating to royalty-based damages, accounting of profits and injunctions, which ultimately supports patent rights and the patent licensing environment in Canada. While the Court upheld the invalidity findings of the lower court re
Adeia (NASDAQ:ADEA), a leading innovator in multimedia technology, today announced Dr. Ning Xu will deliver an invited paper at the upcoming 7th IEEE International Conference on Multimedia Information Processing and Retrieval (IEEE MIPR 2024). The conference, a premier forum for multimedia research and applications, will occur in San Jose, California, from August 7-9, 2024. Other participants include technologists from NVIDIA, Google, Amazon, Comcast, Samsung, Warner Bros. Discovery, and HP. Adeia's presentation will focus on automatic visual citation for text-to-image generation, a critical area in AI-generated content. This innovative technology addresses the growing need for attributio
Repriced term loan for annual interest expense savings of approximately $3 millionGenerated over $90 million in cash from operations in the first half of 2024 SAN JOSE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the second quarter ended June 30, 2024. "We delivered revenue of $87.4 million in the second quarter, in line with our expectations, and generated over $90 million in cash from operations in the first two quarters of 2024" said Paul E. Davis, chief executive officer of Adeia. "We signed 5 deals, demonstrating success across diverse end markets in social media, consumer electronics, semicondu
Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations enable high performance computing, edge sensing and AI solutions, today announced that Hamamatsu Photonics K.K., a pioneer in optical sensors, light sources and systems, has signed a new license for Adeia's semiconductor intellectual property (IP) portfolio covering die-to-wafer hybrid bonding. This new license supplements Hamamatsu's existing license to Adeia's DBI® wafer-to-wafer hybrid bonding and ZiBond® wafer-to-wafer direct bonding technologies and follows from a prior development license between the parties that included a DBI Ultra® die-to-wafer hybrid bonding technology transfer. "DBI, DBI Ultra and ZiBond technolog
SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q2 2024 Earnings Call Webcast. A replay of the webcast will be availabl
Adeia Inc. (NASDAQ:ADEA), a leading research and development and intellectual property licensing company known for bringing innovations in the semiconductor and media technology sectors to market, was awarded Best Session Paper at the 2024 Electronic Components and Technology Conference (ECTC) held in Denver, Colorado on May 28-31, 2024. Dr. Thomas Workman, senior principal engineer for Adeia and author of the paper, received the award for "Fine Pitch Die-to-Wafer Hybrid Bonding," which explores the range of parameters associated with implementing hybrid bonding technology in high-volume manufacturing processes. "As adoption of hybrid bonding accelerates, there is rising demand for prac
SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) ("Adeia" or "Company"), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced Liberty Global (NASDAQ:LBTYA, LBTYB and LBTYK))), a global leader in converged broadband, video and mobile communications, has agreed to a long-term renewal agreement for Adeia's media intellectual property (IP) portfolio. Liberty Global has played a critical role in bringing advanced digital communications and entertainment services to its customers. According to Statista, the operator remains the pay-TV subscriber leader in Europe, with 18 million customers projected
SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter. The agreement also resolves all of the outstanding litigation between the companies. "We are pleased to enter into this agreement and resolve the outstanding litigation with X Corp., a leading technology company and social networking platform, furthering our well-established intellectual property licensing business," said Kevin Tanji, chief legal officer
SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Adeia Inc. (NASDAQ:ADEA), a leading R&D and intellectual property (IP) licensing company known for bringing leading innovations in the semiconductor and media/entertainment technology sectors to market, announced recent developments in hybrid bonding a technology targeted toward the future of semiconductor packaging enabling high-performance computing capabilities, like those required for AI. The company has experienced encouraging continued interest after its 2023 announcement that Kioxia Corporation and Western Digital, world leaders in flash memory and solid-state drives, entered into a long-term agreement to license Adeia's se
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Repriced term loan for annual interest expense savings of approximately $3 millionGenerated over $90 million in cash from operations in the first half of 2024 SAN JOSE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the second quarter ended June 30, 2024. "We delivered revenue of $87.4 million in the second quarter, in line with our expectations, and generated over $90 million in cash from operations in the first two quarters of 2024" said Paul E. Davis, chief executive officer of Adeia. "We signed 5 deals, demonstrating success across diverse end markets in social media, consumer electronics, semicondu
SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q2 2024 Earnings Call Webcast. A replay of the webcast will be availabl
Paid down $40 million of debt in the first quarter and nearly $200 million since separation Generated over $67 million in cash from operations in the first quarter SAN JOSE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the first quarter ended March 31, 2024. "The results of our first quarter demonstrate the strength of our business model and continued execution as we generated over $67 million in cash from operations," said Paul E. Davis, chief executive officer of Adeia. "Our first quarter was very active as we closed deals with ten customers across a diverse mix of end markets and geographies. We f
SAN JOSE, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the first quarter ended March 31, 2024, on Monday, May 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q1 2024 Earnings Call Webcast. A replay of the webcast will be available a
Signed 8 deals in the fourth quarter and 32 in 2023 across both media and semiconductor Paid down $29 million of debt in fourth quarter and $148 million in 2023 SAN JOSE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the fourth quarter and full year ended December 31, 2023. "We made excellent progress toward our long-term goals in 2023," said Paul E. Davis, chief executive officer of Adeia. "We closed 32 deals across multiple verticals in our media and semiconductor businesses, including with new customers in OTT, Pay-TV, social media and semiconductors. We exceeded our target patent portfolio growth r
SAN JOSE, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company"), will announce its financial results for the fourth quarter and full year ended December 31, 2023, on Tuesday, February 20, 2024, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the Company's earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. The Company also suggests utilizing the webcast link to access the call at Q4 2023 Earnings C
Closed important renewals with consumer electronics and OTT customers Strong financial results highlighted by over $100 million in revenue SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the third quarter ended September 30, 2023. "Our strong third quarter results were driven by significant renewals with both Samsung for mobile devices and with Starz in OTT, further validating the value of our growing media portfolio," said Paul E. Davis, chief executive officer of Adeia. "On October 1st, we celebrated our one-year anniversary as an independent public company.
SAN JOSE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company"), will announce its financial results for the third quarter ended September 30, 2023, on Monday, November 6, 2023, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the Company's earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. The Company also suggests utilizing the webcast link to access the call at Q3 2023 Earnings Call Webcast. A
Achieved over $200 million of revenue for first half of 2023Closed nine deals in the quarterPaid down $114 million of debt since separation SAN JOSE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the second quarter ending June 30, 2023. "Our deal momentum continues, as we closed nine license agreements in the second quarter across a diverse group of pay-TV, OTT, consumer electronics and semiconductor customers in domestic and international markets, further validating the value of our growing intellectual property (IP) portfolio," said Paul E. Davis, chief executive officer of Adeia. "After a strong
SAN JOSE, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company"), will announce its financial results for the second quarter ended June 30, 2023, on Monday, August 7, 2023, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the Company's earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. The Company also suggests utilizing the webcast link to access the call at Q2 2023 Earnings Call Webcast. A replay