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Acacia Research Corporation(ACTG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ACTG
09/15/2026: ACTG (2-star) is currently NOT-A-BUY. Pass it for now.
Acacia Research Corporation is a specialized company that combines intellectual property licensing with strategic, activist-style investments. Its primary strength lies in its partnership with Starboard Value, which provides disciplined capital allocation and operational expertise. The core growth story centers on the company’s ability to unlock value from underutilized patents and acquire undervalued operating businesses in high-growth technology sectors. However, investors must consider risks such as highly volatile, episodic revenue and the legal complexities inherent in patent enforcement. This stock generally suits value-oriented investors who can tolerate significant volatility, though it is not a traditional choice for those seeking steady dividend income.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is episodic rather than linear, linked to successful litigation or investment exits. |
| Momentum investor | Mixed fit | Requires positive news flow or settlement announcements to sustain momentum. |
| Value investor | Strong fit | The company actively seeks out and invests in undervalued assets and intellectual property. |
| Dividend investor | Weak fit | The company does not prioritize regular dividend payouts to shareholders. |
| Low-risk investor | Weak fit | High inherent risk from legal processes and investment volatility makes this unsuitable. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to sharp swings based on the timing of unpredictable legal outcomes. |
| Valuation risk | Medium / high | Valuing a company based on litigation probabilities and fluctuating investments is inherently imprecise. |
| Competition risk (IP/Investment) | Medium | Acacia faces intense competition for both high-quality patent portfolios and undervalued operating companies. |
| Business quality | Medium | The business model is highly specialized and depends on consistent execution in complex legal environments. |
| Dividend income | Low / none | The company does not provide a reliable income stream via dividends. |
| Execution risk | Medium / high | Success depends on the legal team's ability to win cases and management's skill in improving acquired businesses. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 0.91% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 437.19M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 229.9K shares | Beta 0.44 | 52 Weeks Range 3.15 - 5.27 | Updated Date 09/15/2026 |
52 Weeks Range 3.15 - 5.27 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.16 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Intellectual Property Licensing | Licensing fees and litigation settlements from patent portfolios. | Revenue is not steady; it depends on winning legal cases or reaching settlements. |
| Strategic Investments | Gains from equity stakes and operating income from acquired portfolio companies. | Profitability depends on the successful management and growth of the companies they buy. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 47.39 | Enterprise Value 215.44M | Price to Sales(TTM) 1.57 |
Enterprise Value 215.44M | Price to Sales(TTM) 1.57 | ||
Enterprise Value to Revenue 0.77 | Enterprise Value to EBITDA 12.72 | Shares Outstanding 97.59M | Shares Floating 34.91M |
Shares Outstanding 97.59M | Shares Floating 34.91M | ||
Percent Insiders 1.8 | Percent Institutions 89.06 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Acacia Research Corporation
Exchange NASDAQ | Headquarters New York, NY, United States | ||
IPO Launch date 1996-07-08 | CEO, COO, Head of M&A and Director Mr. Martin D. McNulty Jr. | ||
Sector Industrials | Industry Business Equipment & Supplies | Full time employees 986 | Website https://www.acaciaresearch.com |
Full time employees 986 | Website https://www.acaciaresearch.com | ||
Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates through four segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. The company is involved in investing in IP; and licensing and enforcement of patented technologies. It also designs and manufactures printers, including hardware and embedded software, as well as consumable products, such as inked ribbons for various industrial printing applications. In addition, the company acquires, explores, develops, and produces oil and natural gas resources located in Texas and Oklahoma. Further, it designs and manufactures purchase brochure, folder, and applications display holders; plastic injection-molded office supply, as well as arts, crafts, and education products; plastic and aluminum air venting and air control products; extruded vinyl chair mats; safety reflectors for bicycles; and emergency warning triangles, mud flaps, and splash guards for the heavy duty truck market and transportation industry. Acacia Research Corporation was incorporated in 1993 and is headquartered in New York, New York.
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