Professional
Added to YB: 2026-07-02
Pitch date: 2026-05-21
ADEA [neutral]
Adeia Inc.
+20.67%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$3.6B
Pitch Price
$26.56
Price Target
N/A
Dividend
0.61%
EV/EBITDA
14.26
P/E
30.29
EV/Sales
8.52
Sector
Software
Category
growth
Meridian Contrarian Fund Portfolio Holding: Adeia Inc.
ADEA (trimmed position): IP licensing co (media/entertainment/semis) spun out in 2023; thesis on IP needed for AI compute. Rallied on key licensing renewals, new streaming/pay TV deals & AMD license. Trimmed into strength but still attractive risk/reward given high-margin recurring rev & upside from incremental licensing wins.
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