FY2026 EPS Estimates for InterDigital Decreased by Analyst

InterDigital, Inc. (NASDAQ:IDCC) – Stock analysts at Zacks Research reduced their FY2026 EPS estimates for InterDigital in a research note issued on Friday, September 11th. Zacks Research analyst Team now forecasts that the Wireless communications provider will earn $9.64 per share for the year, down from their prior forecast of $10.13. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.76 per share. Zacks Research also issued estimates for InterDigital’s Q4 2026 earnings at $1.73 EPS, Q2 2027 earnings at $1.97 EPS, Q3 2027 earnings at $2.20 EPS, Q4 2027 earnings at $2.32 EPS, Q1 2028 earnings at $2.37 EPS, Q2 2028 earnings at $2.63 EPS and FY2028 earnings at $10.65 EPS.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 EPS for the quarter, beating the consensus estimate of $0.90 by $3.72. The business had revenue of $260.17 million during the quarter, compared to analyst estimates of $143.10 million. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The business’s revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $6.52 earnings per share. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS.

Separately, Weiss Ratings lowered shares of InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $450.00.

InterDigital Stock Down 2.8%

Shares of NASDAQ IDCC opened at $340.38 on Tuesday. The business’s fifty day simple moving average is $311.44 and its 200-day simple moving average is $310.50. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.01. InterDigital has a 12-month low of $249.14 and a 12-month high of $412.60. The stock has a market cap of $8.78 billion, a P/E ratio of 39.26 and a beta of 1.43.

InterDigital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 14th will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, October 14th. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. This is an increase from InterDigital’s previous quarterly dividend of $0.70. InterDigital’s dividend payout ratio (DPR) is currently 34.60%.

Insider Transactions at InterDigital

In related news, Director John D. Jr. Markley sold 400 shares of InterDigital stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $300.00, for a total value of $120,000.00. Following the transaction, the director directly owned 11,735 shares in the company, valued at $3,520,500. This trade represents a 3.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $338.00, for a total transaction of $507,000.00. Following the completion of the sale, the chief technology officer directly owned 65,016 shares in the company, valued at approximately $21,975,408. The trade was a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,200 shares of company stock worth $1,642,638. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Keybank National Association OH grew its stake in shares of InterDigital by 4.5% during the 1st quarter. Keybank National Association OH now owns 704 shares of the Wireless communications provider’s stock worth $213,000 after purchasing an additional 30 shares during the period. J2 Capital Management Inc increased its position in shares of InterDigital by 3.0% in the first quarter. J2 Capital Management Inc now owns 1,451 shares of the Wireless communications provider’s stock valued at $438,000 after buying an additional 42 shares in the last quarter. IFP Advisors Inc raised its stake in shares of InterDigital by 3.7% during the 2nd quarter. IFP Advisors Inc now owns 1,292 shares of the Wireless communications provider’s stock worth $366,000 after buying an additional 46 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of InterDigital by 1.0% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,436 shares of the Wireless communications provider’s stock worth $1,944,000 after buying an additional 62 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its position in shares of InterDigital by 52.3% in the 4th quarter. Clearstead Advisors LLC now owns 198 shares of the Wireless communications provider’s stock worth $63,000 after buying an additional 68 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

InterDigital News Roundup

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks raised its Q2 2027 EPS forecast to $1.97 from $1.91, providing a limited positive offset to the broader revisions. The firm continues to rate InterDigital a “Strong-Buy.” Q3 EPS Estimates for InterDigital Cut by Zacks Research
• Neutral Sentiment: The current full-year analyst consensus remains $9.76 EPS, while Zacks projects fiscal 2026 EPS of $9.64 and fiscal 2028 EPS of $10.65. This indicates continued profitability and growth expectations, although Zacks’ projections are below its earlier forecasts. Q3 EPS Estimates for InterDigital Cut by Zacks Research
• Negative Sentiment: Zacks cut its fiscal 2026 EPS estimate to $9.64 from $10.13 and reduced Q4 2026 EPS to $1.73 from $2.13. It also lowered forecasts for Q3 2027 ($2.20 from $2.29), Q4 2027 ($2.32 from $2.34), Q1 2028 ($2.37 from $2.39), Q2 2028 ($2.63 from $2.68), and fiscal 2028 ($10.65 from $10.83). The concentration of downward revisions is likely the main reason InterDigital’s stock has weakened, particularly given its elevated valuation and strong recent performance. Q3 EPS Estimates for InterDigital Cut by Zacks Research

InterDigital Company Profile

InterDigital, Inc is a wireless technology research and development company that designs and develops advanced technologies used in mobile and other connected devices. Its work spans cellular communications, including 2G, 3G, 4G LTE and 5G, as well as wireless connectivity, video technologies and the Internet of Things.

The company primarily generates revenue by licensing its intellectual property to manufacturers of wireless products and other technology companies. Its portfolio includes patents and technical contributions related to wireless standards, network performance, spectrum efficiency, device connectivity and multimedia communications.