---
title: "Adeia: Licensing Expansion and Hybrid Bonding Momentum Support Buy Rating; $30 Price Target Reiterated"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294854085.md"
description: "BWS Financial analyst Hamed Khorsand reiterated a Buy rating and $30 price target for Adeia (ADEA), citing successful licensing expansion, accelerating hybrid bonding technology momentum, and diversified revenue streams generating free cash flow. Roth MKM also maintained a Buy rating with a higher $43 price target. Both firms highlight the company's strong growth narrative despite slightly below-estimate revenue."
datetime: "2026-08-04T16:06:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294854085.md)
  - [en](https://longbridge.com/en/news/294854085.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294854085.md)
---

# Adeia: Licensing Expansion and Hybrid Bonding Momentum Support Buy Rating; $30 Price Target Reiterated

BWS Financial analyst Hamed Khorsand has maintained their bullish stance on ADEA stock, giving a Buy rating yesterday.

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Hamed Khorsand has given his Buy rating due to a combination of factors, starting with Adeia’s successful expansion of its licensing footprint and customer base in the second quarter. The company added multiple new licenses and customers, while momentum in commercial deployment of its hybrid bonding technology is accelerating, supporting a favorable long‑term growth narrative.

Khorsand also notes that Adeia’s results, though slightly below his revenue estimate, validate a broader and more diversified revenue mix that is increasingly translating into free cash flow without reliance on large Pay TV contracts. With hybrid bonding opening new revenue avenues and continued wins among streaming video service providers, he sees meaningful upside potential and therefore reiterates a $30 price target and Buy rating.

In another report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $43.00 price target.

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- [ADEA.US](https://longbridge.com/en/quote/ADEA.US.md)

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