NASDAQ:IDCCInterDigital Wireless Stock Price, Forecast & News

InterDigital Wireless' stock was trading at $45.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IDCC shares have increased by 21.7% and is now trading at $55.44. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for InterDigital Wireless.

InterDigital Wireless is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for InterDigital Wireless.

InterDigital Wireless will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

InterDigital Wireless Inc (NASDAQ:IDCC) released its earnings results on Thursday, February, 20th. The Wireless communications provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.27 by $0.17. The Wireless communications provider had revenue of $102.16 million for the quarter, compared to analyst estimates of $74.10 million. InterDigital Wireless had a net margin of 7.30% and a return on equity of 3.01%. The business's quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 EPS. View InterDigital Wireless' earnings history.

InterDigital Wireless declared a quarterly dividend on Thursday, June 4th. Stockholders of record on Wednesday, July 8th will be given a dividend of $0.35 per share on Wednesday, July 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Tuesday, July 7th. View InterDigital Wireless' dividend history.

3 brokerages have issued 12-month target prices for InterDigital Wireless' shares. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital Wireless' stock price to reach $93.67 in the next twelve months. This suggests a possible upside of 69.0% from the stock's current price. View analysts' price targets for InterDigital Wireless.

Media stories about IDCC stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. InterDigital Wireless earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave press coverage about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about InterDigital Wireless.

InterDigital Wireless saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,450,000 shares, an increase of 16.9% from the June 15th total of 1,240,000 shares. Based on an average daily trading volume, of 252,400 shares, the short-interest ratio is currently 5.7 days. Approximately 4.8% of the shares of the stock are sold short. View InterDigital Wireless' Current Options Chain.

Some companies that are related to InterDigital Wireless include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and ADTRAN (ADTN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital Wireless investors own include Bank of Hawaii (BOH), Stag Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Celgene (CELG), PepsiCo (PEP), Verizon Communications (VZ), Ribbon Communications (RBBN), Harvard Bioscience (HBIO) and Broadcom (AVGO).

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

InterDigital Wireless' stock is owned by a variety of institutional and retail investors. Top institutional investors include Louisiana State Employees Retirement System (0.03%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jean F Rankin, John A Kritzmacher, Philip P Trahanas, Stewart D Hutcheson and William J Merritt. View institutional ownership trends for InterDigital Wireless.

IDCC stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View insider buying and selling activity for InterDigital Wireless.

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

One share of IDCC stock can currently be purchased for approximately $55.44.

InterDigital Wireless has a market capitalization of $1.70 billion and generates $318.92 million in revenue each year. The Wireless communications provider earns $20.93 million in net income (profit) each year or $0.66 on an earnings per share basis. InterDigital Wireless employs 390 workers across the globe.

The official website for InterDigital Wireless is www.interdigital.com.

InterDigital Wireless' mailing address is 200 BELLEVUE PARKWAY SUITE 300, WILMINGTON DE, 19809. The Wireless communications provider can be reached via phone at 302-281-3600 or via email at [email protected]