
Rosenblatt analysts reiterated a Buy rating on Adeia Inc. in a research note Thursday, with a price target of $15 per share. They called it "the most undervalued AI play in the market."
Citing meetings with Adeia's CEO, CFO, and VP IR, Rosenblatt highlights the company's "under the radar" status despite its leadership in key AI growth areas.
Semiconductors, where transistor limitations are pushing Moore's Law to its end, present a significant opportunity according to Rosenblatt.
"Adeia's hybrid bonding and chiplet IP offer a solution" to these challenges, the firm states. In media, Rosenblatt sees Adeia as "the leader in digital entertainment IP," well-positioned for the continued rise of video across devices.
Financially, Rosenblatt is impressed by Adeia's "60+% operating margin" and its valuation. Trading at "8x forward EPS," Rosenblatt encourages investors to take a deeper look at the company, suggesting significant upside potential for Adeia.
"We view Adeia has the most undervalued AI play in the market," they declared. "We recommend investors take a deeper look at the company."
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.