Warby Parker's 15min chart signals bearish trend with MACD Death Cross and Bearish Marubozu.

Warby Parker's 15-minute chart has exhibited a MACD Death Cross and a Bearish Marubozu at 13:00 on 09/03/2025, indicating that the stock price has the potential to continue falling and that sellers are in control of the market, which is likely to lead to continued bearish momentum.

Adeia Inc. (NASDAQ:ADEA), a Research and Development (R&D) and Intellectual Property (IP) licensing company, has shown promising growth potential in the intellectual property licensing market. The company, spun off from Xperi Holding Corp. (XPER) in 2022, operates in two main segments: media and semiconductors. Adeia's media segment licenses patents covering the entertainment experience, while its semiconductor segment focuses on packaging innovation and liquid cooling technologies.

Adeia's revenue reached $85.7 million in Q2 2025, with net income almost doubling year-over-year to $16.7 million. The company signed new licensing agreements with key clients, including ST Microelectronics and Warby Parker, and launched a new product, RapidCool, for the AI and computing market. These developments suggest a strong start to the year, with the company projecting revenue of $88 million for Q3 2025.

Adeia's growth is driven by the increasing demand for licensed patents, particularly in the AI and 5G sectors. The global intellectual property licensing market is expected to grow at a CAGR of 7% to 8% until 2032, reaching $310 billion. Adeia's strong patent portfolio and innovative technologies position it well to capitalize on this growth.

However, Adeia faces competition from companies like InterDigital (IDCC) and Dolby Laboratories (DLB). While these competitors have larger market multiples, Adeia's lower EV/EBITDA ratio suggests that the market may be underestimating its growth potential. Adeia's stock price could benefit from an increase in its multiple, with a potential rise to $21.04 from the current value of $15.36, assuming a multiple of 12x to 14x.

Adeia's revenue has shown a decline in recent years due to the division of Xperi Holding, but the company has started to show signs of recovery. With a prudent annual growth rate of 4%, Adeia's revenue is projected to reach $426.4 million in 2026. However, the company's revenue is highly dependent on the closing of deals, making it vulnerable to fluctuations in contract negotiations.

In conclusion, Adeia Inc. presents an intriguing investment opportunity in the intellectual property licensing market. Its strong patent portfolio, innovative technologies, and potential for growth in the AI and 5G sectors make it a company to watch. However, investors should be aware of the company's reliance on contract negotiations and the competitive landscape.

References:
[1] https://seekingalpha.com/article/4817748-adeia-a-new-growth-chapter