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NASDAQ:IDCC

InterDigital (IDCC) Stock Forecast, Price & News

$80.15
-0.26 (-0.32%)
(As of 10/3/2023 ET)
Compare
Today's Range
$79.01
▼
$80.34
50-Day Range
$79.57
▼
$92.69
52-Week Range
$43.92
▼
$98.69
Volume
265,147 shs
Average Volume
362,798 shs
Market Capitalization
$2.12 billion
P/E Ratio
12.95
Dividend Yield
1.75%
Price Target
$92.50
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

InterDigital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.4% Upside
$92.50 Price Target
Short Interest
Bearish
11.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.11mentions of InterDigital in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$711,393 Sold Last Quarter
Proj. Earnings Growth
-24.71%
From $6.84 to $5.15 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Computer And Technology Sector

207th out of 605 stocks

Patent Owners & Lessors Industry

2nd out of 7 stocks

See Top Rated MarketRank™ Stocks Here

IDCC stock logo

About InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

IDCC Price History

IDCC Stock News Headlines

October 2, 2023 | msn.com
InterDigital Raises Its Dividend, But It's A Complex Opportunity
October 2, 2023 | finance.yahoo.com
InterDigital and the Indian Institute of Technology Kanpur (IIT-K) Formalize Wireless Research Partnership
October 3, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
September 28, 2023 | finance.yahoo.com
InterDigital (IDCC) Outpaces Stock Market Gains: What You Should Know
September 28, 2023 | finance.yahoo.com
Is Trending Stock InterDigital, Inc. (IDCC) a Buy Now?
September 22, 2023 | finance.yahoo.com
InterDigital (IDCC) Gains As Market Dips: What You Should Know
September 21, 2023 | finance.yahoo.com
Insider Sell: Eeva Hakoranta Sells 2,550 Shares of InterDigital Inc (IDCC)
September 18, 2023 | finance.yahoo.com
InterDigital to Speak at the Sidoti Small-Cap Virtual Conference
October 3, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
September 17, 2023 | finance.yahoo.com
InterDigital's (NASDAQ:IDCC) Upcoming Dividend Will Be Larger Than Last Year's
September 15, 2023 | finance.yahoo.com
InterDigital (IDCC) Stock Moves -0.9%: What You Should Know
September 14, 2023 | finance.yahoo.com
InterDigital’s Milind Kulkarni to Outline the 5G Journey to 6G Evolution at Mobile World Congress Las Vegas
September 13, 2023 | finance.yahoo.com
InterDigital Announces Increase of Regular Quarterly Cash Dividend
September 12, 2023 | finance.yahoo.com
Licensing Renewals Pushed InterDigital (IDCC)
September 8, 2023 | msn.com
InterDigital: Relatively Better And Relatively Worse
September 6, 2023 | finance.yahoo.com
Returns On Capital At InterDigital (NASDAQ:IDCC) Have Hit The Brakes
September 5, 2023 | finance.yahoo.com
InterDigital to Showcase Energy Aware Video Solutions and Critical Codec Contributions at IBC 2023
September 5, 2023 | finance.yahoo.com
InterDigital to Showcase Energy Aware Video Solutions and Critical Codec Contributions at IBC 2023
August 23, 2023 | benzinga.com
InterDigital's Diana Pani Elected to Chair 3GPP RAN2
August 23, 2023 | finance.yahoo.com
InterDigital’s Diana Pani Elected to Chair 3GPP RAN2
August 4, 2023 | finanznachrichten.de
InterDigital, Inc.: InterDigital Announces Financial Results for Second Quarter 2023
August 4, 2023 | finance.yahoo.com
Q2 2023 InterDigital Inc Earnings Call
August 3, 2023 | finance.yahoo.com
InterDigital (IDCC) Reports Q2 Earnings: What Key Metrics Have to Say
August 3, 2023 | finance.yahoo.com
WIX Q2 Earnings & Revenues Beat Estimates, Increase Y/Y
August 3, 2023 | finance.yahoo.com
Watts Water (WTS) Q2 Earnings Beat Estimates, Revenues Up Y/Y
August 3, 2023 | finance.yahoo.com
InterDigital (IDCC) Q2 Earnings Beat, Top Line Declines Y/Y
August 3, 2023 | tmcnet.com
New Report Reveals Critical Innovation and Standardization Enabling XR Experiences
See More Headlines
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IDCC Company Calendar

Ex-Dividend for 7/26 Dividend
7/11/2023
Dividend Payable
7/26/2023
Last Earnings
8/03/2023
Today
10/03/2023
Ex-Dividend for 10/25 Dividend
10/10/2023
Dividend Payable
10/25/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Patent owners & lessors
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:IDCC
CUSIP
45867G10
CIK
1405495
Web
www.interdigital.com
Phone
(302) 281-3600
Fax
302-281-3763
Employees
425
Year Founded
1972

Price Target and Rating

Average Stock Price Forecast
$92.50
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.19
Trailing P/E Ratio
12.95
Forward P/E Ratio
11.72
P/E Growth
0.84
Net Income
$93.69 million
Net Margins
33.91%
Pretax Margin
39.43%
Return on Equity
30.22%
Return on Assets
10.95%

Debt

Debt-to-Equity Ratio
0.81
Current Ratio
2.67
Quick Ratio
2.67

Sales & Book Value

Annual Sales
$457.79 million
Price / Sales
4.62
Cash Flow
$5.80 per share
Price / Cash Flow
13.82
Book Value
$24.63 per share
Price / Book
3.25

Miscellaneous

Outstanding Shares
26,410,000
Free Float
26,011,000
Market Cap
$2.12 billion
Optionable
Optionable
Beta
1.24

Social Links

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Key Executives

  • Mr. Lawrence ChenMr. Lawrence Chen (Age 52)
    Pres, CEO & Director
    Comp: $2.62M
  • Mr. Richard J. BrezskiMr. Richard J. Brezski (Age 50)
    Exec. VP, CFO & Treasurer
    Comp: $1.03M
  • Dr. Rajesh Pankaj (Age 58)
    Exec. VP & CTO
    Comp: $1.27M
  • Ms. Eeva K. HakorantaMs. Eeva K. Hakoranta (Age 58)
    Exec. VP & Chief Licensing Officer
    Comp: $984.24k
  • Mr. Michael G. Cortino
    Exec. VP & Chief Information Officer
  • Mr. Raiford Garrabrant C.F.A.
    CFA, Head of Investor Relations
  • Mr. Joshua D. Schmidt (Age 39)
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Robert Stien
    Exec. VP & Chief Communications and Public Policy Officer
  • Mr. Skip Maloney
    Exec. VP & Chief People Officer
  • Mr. Xiaofei Wang
    Chair of the Topic Interest Group for AIML & Sec. for IEEE 802.11bc Task Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













IDCC Stock - Frequently Asked Questions

Should I buy or sell InterDigital stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IDCC shares.
View IDCC analyst ratings or view top-rated stocks.

What is InterDigital's stock price forecast for 2023?

3 analysts have issued 12-month price targets for InterDigital's shares. Their IDCC share price forecasts range from $80.00 to $105.00. On average, they expect the company's share price to reach $92.50 in the next year. This suggests a possible upside of 15.4% from the stock's current price.
View analysts price targets for IDCC or view top-rated stocks among Wall Street analysts.

How have IDCC shares performed in 2023?

InterDigital's stock was trading at $49.48 on January 1st, 2023. Since then, IDCC shares have increased by 62.0% and is now trading at $80.15.
View the best growth stocks for 2023 here.

When is InterDigital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our IDCC earnings forecast.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) posted its quarterly earnings data on Thursday, August, 3rd. The Wireless communications provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.12. The Wireless communications provider earned $101.59 million during the quarter, compared to the consensus estimate of $101.22 million. InterDigital had a trailing twelve-month return on equity of 30.22% and a net margin of 33.91%.

How often does InterDigital pay dividends? What is the dividend yield for InterDigital?

InterDigital declared a quarterly dividend on Wednesday, September 13th. Shareholders of record on Wednesday, October 11th will be paid a dividend of $0.40 per share on Wednesday, October 25th. This represents a $1.60 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Tuesday, October 10th. This is an increase from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for IDCC.

What ETFs hold InterDigital's stock?

ETFs with the largest weight of InterDigital (NASDAQ:IDCC) stock in their portfolio include Invesco Next Gen Connectivity ETF (PXQ), ProShares Big Data Refiners ETF (DAT), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco Dorsey Wright Technology Momentum ETF (PTF), Invesco S&P SmallCap Information Technology ETF (PSCT), Global X Internet of Things Thematic ETF (SNSR), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and Convergence Long/Short Equity ETF (CLSE).

Is InterDigital a good dividend stock?

InterDigital (NASDAQ:IDCC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDCC will have a dividend payout ratio of 27.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IDCC.

What guidance has InterDigital issued on next quarter's earnings?

InterDigital updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.10-$1.20 for the period, compared to the consensus estimate of $0.67. The company issued revenue guidance of $97.00 million-$100.00 million, compared to the consensus revenue estimate of $104.00 million.

What is William J. Merritt's approval rating as InterDigital's CEO?

43 employees have rated InterDigital Chief Executive Officer William J. Merritt on Glassdoor.com. William J. Merritt has an approval rating of 68% among the company's employees.

What other stocks do shareholders of InterDigital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital investors own include Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Verizon Communications (VZ), PepsiCo (PEP), Cisco Systems (CSCO), Micron Technology (MU) and Broadcom (AVGO).

What is InterDigital's stock symbol?

InterDigital trades on the NASDAQ under the ticker symbol "IDCC."

How do I buy shares of InterDigital?

Shares of IDCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is InterDigital's stock price today?

One share of IDCC stock can currently be purchased for approximately $80.15.

How much money does InterDigital make?

InterDigital (NASDAQ:IDCC) has a market capitalization of $2.12 billion and generates $457.79 million in revenue each year. The Wireless communications provider earns $93.69 million in net income (profit) each year or $6.19 on an earnings per share basis.

How many employees does InterDigital have?

The company employs 425 workers across the globe.

Does InterDigital have any subsidiaries?
The following companies are subsidiares of InterDigital: 6GWorld Inc., Chordant Europe Ltd., Chordant France SAS, Chordant Inc., DRNC Holdings Inc., DST Holdings Inc., Hillcrest Labs, IDAC Holdings Inc., IDHL Holdings Inc., IDLR Holdings Inc., IDPA Holdings Inc., IDTP Holdings Inc., IPR Licensing Inc., InterDigital Administrative Solutions Inc., InterDigital Belgium LLC, InterDigital CE Holdings Inc., InterDigital CE Intermediate SAS, InterDigital CE Patent Holdings SAS, InterDigital Canada Ltee., InterDigital Capital Inc., InterDigital Charitable Foundation Inc, InterDigital Communications Inc., InterDigital Europe Ltd., InterDigital Finland Oy, InterDigital Germany GmbH, InterDigital Holdings Inc., InterDigital Madison Patent Holdings SAS, InterDigital Patent Holdings Inc., InterDigital R&D France SAS, InterDigital Technology Corporation, InterDigital VC Holdings France SAS, InterDigital VC Holdings Inc., InterDigital Video Technologies Inc., InterDigital Wireless Inc., IoT Holdings Inc., NexStar Capital LLC, NexStar Partners GP L.P., NexStar Partners L.P., NexStar Strategic Investments LLC, PCMS Holdings Inc., and VID SCALE Inc..
Read More
How can I contact InterDigital?

InterDigital's mailing address is 200 BELLEVUE PARKWAY SUITE 300, WILMINGTON DE, 19809. The official website for the company is www.interdigital.com. The Wireless communications provider can be reached via phone at (302) 281-3600, via email at patrick.vandewille@interdigital.com, or via fax at 302-281-3763.

This page (NASDAQ:IDCC) was last updated on 10/3/2023 by MarketBeat.com Staff

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