InterDigital, Inc. (NASDAQ:IDCC) Receives $416.67 Consensus Target Price from Analysts

InterDigital, Inc. (NASDAQ:IDCC) has received an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $416.6667.

Several equities analysts have issued reports on IDCC shares. Weiss Ratings downgraded shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. Roth Mkm restated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th.

InterDigital Stock Performance

NASDAQ IDCC opened at $352.32 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.84 and a quick ratio of 1.84. InterDigital has a 1 year low of $181.05 and a 1 year high of $412.60. The company has a market capitalization of $9.05 billion, a PE ratio of 29.53 and a beta of 1.66. The company has a fifty day moving average of $346.80 and a two-hundred day moving average of $345.46.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The company had revenue of $158.23 million during the quarter, compared to the consensus estimate of $155.57 million. During the same quarter in the prior year, the firm posted $5.15 earnings per share. InterDigital’s revenue for the quarter was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, analysts expect that InterDigital will post 9.21 earnings per share for the current year.

InterDigital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be paid a dividend of $0.70 per share. The ex-dividend date is Wednesday, April 8th. This represents a $2.80 annualized dividend and a dividend yield of 0.8%. InterDigital’s dividend payout ratio is 23.47%.

Insider Buying and Selling at InterDigital

In other news, CTO Rajesh Pankaj sold 1,500 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $313.30, for a total transaction of $469,950.00. Following the completion of the sale, the chief technology officer owned 72,449 shares in the company, valued at approximately $22,698,271.70. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John D. Jr. Markley sold 700 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $374.95, for a total transaction of $262,465.00. Following the sale, the director owned 11,223 shares of the company’s stock, valued at $4,208,063.85. This trade represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 27,930 shares of company stock valued at $9,528,129. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On InterDigital

Several hedge funds have recently made changes to their positions in the business. Hsbc Holdings PLC boosted its stake in shares of InterDigital by 2,027.6% during the fourth quarter. Hsbc Holdings PLC now owns 18,170 shares of the Wireless communications provider’s stock worth $5,820,000 after buying an additional 17,316 shares during the period. Forty three Eighteen Advisors LLC acquired a new stake in InterDigital in the fourth quarter valued at about $251,000. Rockefeller Capital Management L.P. lifted its position in InterDigital by 19.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 46,317 shares of the Wireless communications provider’s stock valued at $14,746,000 after purchasing an additional 7,553 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in InterDigital by 431.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 239 shares of the Wireless communications provider’s stock valued at $76,000 after purchasing an additional 194 shares during the period. Finally, Pacer Advisors Inc. lifted its position in InterDigital by 2,700.1% in the fourth quarter. Pacer Advisors Inc. now owns 68,659 shares of the Wireless communications provider’s stock valued at $21,860,000 after purchasing an additional 66,207 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

InterDigital Company Profile

InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.

The company’s principal services include patent licensing, technology evaluation and consulting.