ADEA Stock Price

ADEA Stock Overview

Price

$21.61

Previous close

$23.13

Open

$22.73

Market cap

$2.38B

P/E ratio

21.5

52-week range

$11.61 - $34.34

1-year price target

$43.00

Sector

Technology

Industry

Software - Application

Exchange

NGS

MarketXLS Rank

53

About Adeia Inc.

Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, 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, such as subscription video-on-demand and free advertising-supported streaming service providers, as well as content providers, networks, and media companies. It also licenses consumer electronics manufacturers, which includes producers of smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; semiconductors, including providers of memory, logic, sensors, and radio frequency devices; and social media companies that allow users to stream and upload user-generated content. The company licenses its intellectual properties under the Adeia brand. Adeia Inc. was incorporated in 2019 and is headquartered in San Jose, California.