An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing platform company in the United States, Asia, Canada, Europe, the Middle East, and internationally.
VERDICT
The label
Distribution
read at $25.38
Adeia Inc. holds its Distribution at $25.38.
PHPhase · the trend structure carries the Distribution label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-07-19
Phase
Distribution · caution
Quantitative state
The statistical read favours the sellers, held for 16 days
Price
$25.38
Valuation
23.28 trailing · 16.39 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.94
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$25.38
23.28 P/E · 16.39 fwd
Our fair value
$38.88
53% discount
Analyst target (avg)
$37.50
+48% to current
Target low $30.00Analyst target rangeTarget high $43.00
▲ current $25.38 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$25.38
you are here
Conservative
$30.19
+19%
Analyst avg
$37.50
+48%
Our fair value
$38.88
+53%
Analyst high
$43.00
+69%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
19.50%
Profit margin
26.50%
Debt to equity
85.81
Analyst consensus
None · 4 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is of its assets, above the one-third ceiling the screen allows.Fail
Interest-bearing cashInterest-bearing cash and securities are of assets, above the one-third limit.Fail
ReceivablesMoney owed to the company is of assets, above the 49% limit.Fail
Revenue purityOnly 0.0% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Patent landlord licensing tech at a bargain price
Picture the quiet owner of the patents inside every smart TV and chip, collecting steady fees while the hardware makers battle it out. Adeia sits in that position, licensing media and semiconductor intellectual property across the globe. The business clears 27 percent profit margins, delivers 29 percent return on equity and is growing revenue at 20 percent, all while trading at 16.4 times forward earnings.
That combination produces a 53 percent margin of safety against our fair value of 38.88, well above the current 25.38 share price and the four-analyst median target of 38. The ethical screen clears cleanly, and the licensing model avoids many of the heavy capital demands that weigh on typical software firms.
Yet the moat remains unproven, leaving room for patent challenges or shifts in licensing norms that could erode collections. Currency moves across its Asian and European markets add another layer of volatility that the numbers do not fully capture.
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
ADEA trades on Nasdaq. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
TRADER
The trader read · the latest dated commentary
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 20.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 124%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (4 analysts) rates it none, with a mean price target of $37. Entered 2026-07-20 · Distribution
JOURNAL
The dated journal · newest first, never edited
2026-07-20Distribution$25.38-20.5%Entry 5
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 20.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 124%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (4 analysts) rates it none, with a mean price target of $37.
2026-07-18Distribution$31.92+0.0%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 124%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (4 analysts) rates it none, with a mean price target of $37.
2026-07-16Distribution$31.92+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 124%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (4 analysts) rates it none, with a mean price target of $37.
2026-07-03Distribution$31.92+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$31.92Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$31.78
-3.3%
$0.05
$969
-3.1%
2 months
$26.82
+14.6%
$0.05
$1,148
+14.8%
3 months
$22.78
+34.9%
$0.10
$1,354
+35.4%
6 months
$13.51
+127.6%
$0.10
$2,283
+128.3%
1 year
$13.71
+124.1%
$0.20
$2,256
+125.6%
2 years
$11.20
+174.3%
$0.40
$2,779
+177.9%
3 years
$9.92
+209.7%
$0.60
$3,157
+215.7%
5 years
$8.85
+247.4%
$1.00
$3,587
+258.7%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever ADEA does next, these words stay.
Adeia Inc. · ADEA · Distribution · $25.38
Recorded 2026-07-19 · before the outcome · scored mechanically
