S&P 500   3,941.26 (-1.44%)
DOW   33,596.34 (-1.03%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
S&P 500   3,941.26 (-1.44%)
DOW   33,596.34 (-1.03%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
S&P 500   3,941.26 (-1.44%)
DOW   33,596.34 (-1.03%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
S&P 500   3,941.26 (-1.44%)
DOW   33,596.34 (-1.03%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
NASDAQ:IDCC

InterDigital - IDCC Stock Forecast, Price & News

$48.55
-0.99 (-2.00%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$48.43
▼
$49.60
50-Day Range
$40.42
▼
$50.75
52-Week Range
$40.23
▼
$73.97
Volume
148,354 shs
Average Volume
229,414 shs
Market Capitalization
$1.44 billion
P/E Ratio
17.92
Dividend Yield
2.83%
Price Target
$60.00

InterDigital MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
23.6% Upside
$60.00 Price Target
Short Interest
Bearish
7.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of InterDigital in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.55%
From $2.63 to $2.96 Per Share

Overall MarketRank™

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

2.05 out of 5 stars

Computer And Technology Sector

382nd out of 627 stocks

Patent Owners & Lessors Industry

5th 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 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 NR, beyond 5G (B5G), extended reality over wireless, and cellular Internet of Things (IoT) areas, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. It also provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. The company's patented technologies are used in various products that include cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment, which comprise base stations; components, dongles, and modules for wireless devices; and IoT devices and software platforms. It has a collaboration agreement with Royal Philips to jointly develop MPEG Visual Volumetric Video-based Coding (V3C) immersive codecs to the benefit of telepresence and XR-driven experiences. As of December 31, 2021, the company had a portfolio of approximately 27,500 patents and patent applications related to wireless communications, video coding, display technology, and other areas. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

Receive IDCC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for InterDigital and its competitors with MarketBeat's FREE daily newsletter.

IDCC Stock News Headlines

December 3, 2022 | finance.yahoo.com
InterDigital Declares Regular Quarterly Cash Dividend
November 30, 2022 | seekingalpha.com
InterDigital: Undervalued Stock With Solid Growth Potential
November 21, 2022 | finance.yahoo.com
Why InterDigital (IDCC) is a Top Value Stock for the Long-Term
November 21, 2022 | finance.yahoo.com
Is The Market Rewarding InterDigital, Inc. (NASDAQ:IDCC) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
November 14, 2022 | finance.yahoo.com
New white paper examines the innovative solutions ushering the video entertainment industry towards a more sustainable future
November 7, 2022 | finance.yahoo.com
InterDigital Bags Grant For 5 Horizon Europe 6G Flagship Projects
November 7, 2022 | finance.yahoo.com
InterDigital Awarded Five Horizon Europe 6G Flagship Projects Targeting Revolutionary Technology Advancement and Experimental Infrastructures
November 6, 2022 | finance.yahoo.com
Are Investors Undervaluing InterDigital, Inc. (NASDAQ:IDCC) By 41%?
November 4, 2022 | finance.yahoo.com
Itron (ITRI) Q3 Earnings Match Estimates, Revenues Down Y/Y
November 4, 2022 | finance.yahoo.com
BCE Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y
November 1, 2022 | finance.yahoo.com
Here’s Why InterDigital (IDCC) Declined in the Third Quarter
October 21, 2022 | finance.yahoo.com
InterDigital (NASDAQ:IDCC) May Have Issues Allocating Its Capital
October 20, 2022 | nasdaq.com
Daily Markets: Earnings Starting to Send Mixed Signals - Nasdaq
October 20, 2022 | nasdaq.com
AT&T (T) Tops Q3 Earnings Estimates on 5G & Fiber Momentum - Nasdaq
October 20, 2022 | nasdaq.com
IBM Tops Q3 Earnings Estimates on Solid Hybrid Cloud Demand - Nasdaq
October 20, 2022 | seekingalpha.com
InterDigital, Philips partner on video-based immersive codec research - Seeking Alpha
October 20, 2022 | globenewswire.com
InterDigital Announces Collaboration with Philips on Video-Based Immersive Codec Research to Enable XR Opportunities - GlobeNewswire
October 20, 2022 | ca.finance.yahoo.com
3 Top Tech Stocks That Could Help Make You Rich by Retirement - Yahoo Canada Finance
October 19, 2022 | nasdaq.com
Woodward (WWD) Restructures its Aerospace & Industrial Segment - Nasdaq
October 19, 2022 | fool.ca
3 Top Tech Stocks That Could Help Make You Rich by Retirement - The Motley Fool Canada
October 18, 2022 | nasdaq.com
Cadence (CDNS) Announces Collaboration With Samsung Foundry - Nasdaq
October 14, 2022 | nasdaq.com
IDCC or SWIR: Which Is the Better Value Stock Right Now? - Nasdaq
October 14, 2022 | finance.yahoo.com
IDCC or SWIR: Which Is the Better Value Stock Right Now?
October 7, 2022 | finance.yahoo.com
10 Stocks That Rebounded This Week - Yahoo Finance
October 7, 2022 | finance.yahoo.com
InterDigital, Inc. (NASDAQ:IDCC) Will Pay A US$0.35 Dividend In Three Days
See More Headlines
Receive IDCC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for InterDigital and its competitors with MarketBeat's FREE daily newsletter.

IDCC Company Calendar

Ex-Dividend for 10/26 Dividend
10/11/2022
Dividend Payable
10/26/2022
Last Earnings
11/03/2022
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023
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
510
Year Founded
1972

Price Target and Rating

Average Stock Price Forecast
$60.00
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+23.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.71
Trailing P/E Ratio
17.92
Forward P/E Ratio
18.46
P/E Growth
0.94
Net Income
$55.29 million
Net Margins
18.38%
Pretax Margin
23.53%
Return on Equity
11.47%
Return on Assets
4.91%

Debt

Debt-to-Equity Ratio
0.86
Current Ratio
4.66
Quick Ratio
4.66

Sales & Book Value

Annual Sales
$425.41 million
Price / Sales
3.39
Cash Flow
$4.22 per share
Price / Cash Flow
11.51
Book Value
$24.54 per share
Price / Book
1.98

Miscellaneous

Outstanding Shares
29,663,000
Free Float
29,307,000
Market Cap
$1.44 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Mr. Lawrence ChenMr. Lawrence Chen (Age 51)
    Pres, CEO & Director
    Comp: $5.6M
  • Mr. Richard J. BrezskiMr. Richard J. Brezski (Age 49)
    Exec. VP, CFO & Treasurer
    Comp: $813.51k
  • Mr. Eric Cohen (Age 64)
    Exec. VP, Chief Strategy & Growth Officer
    Comp: $821.06k
  • Ms. Eeva K. HakorantaMs. Eeva K. Hakoranta (Age 57)
    Exec. VP & Chief Licensing Officer
    Comp: $799.55k
  • Dr. Rajesh Pankaj
    Exec. VP & CTO
  • Mr. Michael G. Cortino
    Exec. VP & Chief Information Officer
  • Mr. Joshua D. Schmidt (Age 38)
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Robert Stien
    Exec. VP & Chief Communications and Public Policy Officer
  • Mr. James J. Nolan (Age 61)
    Exec. VP of Gov. Solutions
  • 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?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" IDCC shares.
View IDCC analyst ratings or view top-rated stocks.

What is InterDigital's stock price forecast for 2023?

1 equities research analysts have issued 12 month price targets for InterDigital's stock. Their IDCC share price forecasts range from $60.00 to $60.00. On average, they expect the company's stock price to reach $60.00 in the next year. This suggests a possible upside of 21.6% 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 2022?

InterDigital's stock was trading at $71.63 at the start of the year. Since then, IDCC stock has decreased by 31.1% and is now trading at $49.35.
View the best growth stocks for 2022 here.

When is InterDigital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our IDCC earnings forecast.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) posted its earnings results on Thursday, November, 3rd. The Wireless communications provider reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.30. The Wireless communications provider had revenue of $114.76 million for the quarter, compared to analysts' expectations of $113.50 million. InterDigital had a trailing twelve-month return on equity of 11.47% and a net margin of 18.38%.

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

InterDigital declared a quarterly dividend on Thursday, September 8th. Shareholders of record on Wednesday, October 12th will be given a dividend of $0.35 per share on Wednesday, October 26th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Tuesday, October 11th.
Read our dividend analysis for IDCC.

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 2.80%. The dividend payout ratio is 51.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDCC will have a dividend payout ratio of 47.30% 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 issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $98.00 million-$102.00 million, compared to the consensus revenue estimate of $107.08 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."

Who are InterDigital's major shareholders?

InterDigital's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.01%), Vanguard Group Inc. (11.51%), State Street Corp (3.68%), Dimensional Fund Advisors LP (3.25%), Disciplined Growth Investors Inc. MN (2.69%) and Renaissance Technologies LLC (2.47%). Insiders that own company stock include Eeva K Hakoranta, Jean F Rankin, John A Kritzmacher, John D Jr Markley, Philip P Trahanas and Pierre-Yves Lesaicherre.
View institutional ownership trends.

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 $49.35.

How much money does InterDigital make?

InterDigital (NASDAQ:IDCC) has a market capitalization of $1.46 billion and generates $425.41 million in revenue each year. The Wireless communications provider earns $55.29 million in net income (profit) each year or $2.71 on an earnings per share basis.

How many employees does InterDigital have?

The company employs 510 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 12/6/2022 by MarketBeat.com Staff