Is Adeia Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: ADEA) stock is to Strong Buy ADEA stock.
Out of 2 analysts, 1 (50%) are recommending ADEA as a Strong Buy, 1 (50%) are recommending ADEA as a Buy, 0 (0%) are recommending ADEA as a Hold, 0 (0%) are recommending ADEA as a Sell, and 0 (0%) are recommending ADEA as a Strong Sell.
What is ADEA's earnings growth forecast for 2023-2023?
(NASDAQ: ADEA) Adeia's forecast annual earnings growth rate of N/A is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Adeia's earnings in 2023 is -$384,170,000.
In 2023, ADEA is forecast to generate $137,627,393 in earnings, with the lowest earnings forecast at $137,627,393 and the highest earnings forecast at $137,627,393.
What is ADEA's revenue growth forecast for 2023-2023?
(NASDAQ: ADEA) Adeia's forecast annual revenue growth rate of N/A is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Adeia's revenue in 2023 is $916,828,000.
In 2023, ADEA is forecast to generate $100,616,130,549 in revenue, with the lowest revenue forecast at $100,616,130,549 and the highest revenue forecast at $100,616,130,549.
What is ADEA's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: ADEA) forecast ROA is 6.37%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 22.75%.
What is ADEA's Price Target?
According to 2 Wall Street analysts that have issued a 1 year ADEA price target, the average ADEA price target is $16.50, with the highest ADEA stock price forecast at $17.00 and the lowest ADEA stock price forecast at $16.00.
On average, Wall Street analysts predict that Adeia's share price could reach $16.50 by Oct 6, 2023. The average Adeia stock price prediction forecasts a potential upside of 47.58% from the current ADEA share price of $11.18.
What is ADEA's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: ADEA) Adeia's current Earnings Per Share (EPS) is -$3.67. In 2023, ADEA's EPS is forecast to hit $1.31 (min: $1.31, max: $1.31).
What is ADEA's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: ADEA) forecast ROE is 13.87%, which is considered weak.
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