Pre-earnings brief
Reports
Mon, Nov 2, 2026
Est. EPS
$0.30
Est. revenue
$99M
Implied move
±17.0%
EPS beat rate
88%
Adeia Inc. operates in the information technology sector, focusing on systems software. With a market cap of $3 billion, the company plays a vital role in providing software solutions that enhance operational efficiency and drive innovation in various industries.
Last quarter
In Q2 2026, Adeia reported an EPS of $0.34, significantly exceeding expectations of $0.23, showcasing strong operational performance. The stock reacted positively, gaining 4.28% the following day.
EPS beat streak
7Q
EPS beat rate
88%
Avg EPS surprise
+34.15%
Avg 1-day reaction
-1.53%
Analysts expect Adeia to report solid earnings, with a consensus EPS of $0.30 and revenue of $99 million. The company has a strong track record of beating earnings expectations, which may set a positive tone for this quarter.
Bull case
If Adeia continues its trend of outperforming estimates, it could signal robust demand for its software solutions, potentially leading to further stock price appreciation.
Bear case
Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a decline in investor confidence and a negative stock reaction.
Key metrics to watch
EPS
$0.30Earnings per share is a key indicator of profitability and reflects the company's ability to generate profit for its shareholders.
Revenue
$99MRevenue figures provide insight into the company's sales performance and overall market demand for its products.
The print will turn on these.
Q1
Will Adeia's EPS exceed $0.30, and if so, by how much?
Given the company's history of beating estimates, a strong EPS could reinforce investor confidence and drive the stock higher.
Q2
What is the revenue outlook for the upcoming quarter?
Revenue growth is crucial for assessing the company's market position and future performance, and any guidance provided will be closely scrutinized.
—
Est. EPS
$-0.50
Est. Rev
$257M
Impl. Move
±7.5%
Why consensus could be wrong
The consensus may underestimate Adeia's ability to leverage recent software innovations, which could lead to higher-than-expected revenue growth.
Supporting evidence
The company has consistently beaten EPS estimates, suggesting a stronger operational performance than anticipated.
Options pricing indicates a significant expected move, which may reflect underlying investor optimism not captured in consensus estimates.
Key risk
If revenue growth significantly exceeds $99 million, it could challenge the current market expectations.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it will indicate whether Adeia can maintain its growth trajectory amid market challenges.
Bull confirmed if
An EPS of $0.33 or higher, coupled with revenue exceeding $104 million, would confirm the bullish outlook.
Bear confirmed if
An EPS below $0.22 or revenue falling short of $90 million would validate the bearish perspective.
What the market is pricing for the move.
Implied Move
±16.98%
Historical Avg
±3.7%
The options market is pricing in a significant move, suggesting that traders anticipate volatility around the earnings report.
Options are pricing ±17.0% while ADEA has averaged ±3.7% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
42.1%
Smart-money positioning from the most recent 13F filings.
Institutional
105.76%
of float
Insider
1.85%
of float
Holders
422
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
17,408,648 sh · $423.2M
15.79%
3.5%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Adeia beats expectations, history suggests a potential stock move of around +1.79%, confirming the company's strong operational performance.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
Should the company miss estimates, history indicates a potential decline of around +0.28%, reflecting investor disappointment.
The lines on the call that would change the story.
Ameriprise Financial, Inc.
13,713,908 sh · $333.4M
12.44%
-5.8%
Vanguard Portfolio Management LLC
8,753,578 sh · $212.8M
7.94%
3.5%
FMR, LLC
5,996,066 sh · $145.8M
5.44%
75.9%
State Street Corporation
4,847,633 sh · $117.8M
4.40%
5.9%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.