Is Adeia Stock a good buy in 2024, 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 revenue growth forecast for 2024-2024?
(NASDAQ: ADEA) Adeia's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Application 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 2024 is $388,788,000.
In 2024, ADEA is forecast to generate $42,722,880,344 in revenue, with the lowest revenue forecast at $42,722,880,344 and the highest revenue forecast at $42,722,880,344.
What is ADEA's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: ADEA) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 3.97%.
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 $15.50, with the highest ADEA stock price forecast at $16.00 and the lowest ADEA stock price forecast at $15.00.
On average, Wall Street analysts predict that Adeia's share price could reach $15.50 by Apr 19, 2025. The average Adeia stock price prediction forecasts a potential upside of 49.33% from the current ADEA share price of $10.38.
What is ADEA's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: ADEA) forecast ROE is N/A, which is considered weak.
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