Why Is ADEIA INC (ADEA) Stock Down Today?

ADEA shares fell 15.46% to $17.48 on Tuesday. The primary driver was a reduction in full-year revenue guidance following the release of third-quarter financial results. The company lowered its outlook for fiscal year 2026 to a range of $375 million to $415 million, down from the previous estimate of $395 million to $432 million.

What Happened

Adeia Inc. filed an 8-K with the SEC on November 2, 2026, disclosing its third-quarter results and updated financial condition. The company reported revenue growth of 24.3% on a trailing twelve-month basis, with non-pay TV revenue jumping 48%. Despite this growth, management trimmed its annual guidance due to delays in licensing deals. The company reaffirmed its long-term targets, including a $600 million annual revenue goal. Rosenblatt maintained a Buy rating on the stock but lowered its price target to $35. Adeia also declared a quarterly dividend of $0.05 per share, consistent with prior payouts.

What The Data Shows

The stock opened at $15.86, representing a 23.3% gap down from the prior close of $20.67. The session low was $15.82 at 7:05 AM ET, while the session high reached $17.94 at 9:35 AM ET. Trading volume stood at 0.5 million shares, which is 0.4 times the three-month daily average. The company has a market capitalization of $2.4 billion and a P/E ratio of 19.0. Its net margin is 26.1%, and the dividend yield is 0.93%. The 52-week range is $11.61 to $34.34. In congressional disclosures, Donald J. Trump sold between $1,001 and $15,000 on July 29, 2026. There have been no congressional buys in the last 90 days.

What To Watch

Investors will monitor how the revised guidance impacts future earnings expectations. The company’s ability to execute delayed licensing deals will be a key factor in achieving its long-term targets.