Wall Street Analysts See a 25.83% Upside in Adeia (ADEA): Can the Stock Really Move This High?

Group 1 - Adeia (ADEA) shares have increased by 33.7% over the past four weeks, closing at $18.08, with a mean price target of $22.75 indicating a potential upside of 25.8% [1] - The mean estimate consists of four short-term price targets with a standard deviation of $3.4, where the lowest estimate is $20.00 (10.6% increase) and the highest is $27.00 (49.3% increase) [2] - Analysts show strong agreement on ADEA's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for ADEA has increased by 6.4% due to two upward revisions in earnings estimates over the last 30 days, with no negative revisions [12] - ADEA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [14]