Adeia (ADEA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.34
- Estimate
- $0.31
- Surprise
- +10.4%
- Score at report (before → after)
- 6.4 → 6.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Adeia (ADEA) beat the $0.31 estimate with diluted EPS of $0.34 — a large 10.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.4/10) to Hold at 6.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ADEA Buy (Wait) at 6.7/10.
3 of the last 4 quarters beat the estimate; this quarter's +10.4% surprise compares with a +5.8% four-quarter average. Next scheduled report: 2026-11-02.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=9.3 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Customer: top-5 customers (55.7%)
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $25.55
- Entry target
- $27.13
- Price target
- $36.55
- Stop
- $24.97
- Upside to target
- +43.1%
- Reward-to-risk
- 5.1:1
The stock trades at 22.3× trailing but 15.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 25 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
ADEA at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $2.75B
- P/E (fwd)
- 15.5
- P/E (ttm)
- 22.3
- 52-week range
- $11.61–$34.34
- Off 52-week high
- 25.6%
- RSI (14)
- 25
- Volume vs avg
- 0.91×
- Score today
- 6.7/10