InterDigital, Inc. (IDCC)

Market Cap	4.62B
Revenue (ttm)	721.23M
Net Income (ttm)	264.59M
Shares Out	25.34M
EPS (ttm)	9.29
PE Ratio	19.61
Forward PE	17.58
Dividend	$1.80 (0.99%)
Ex-Dividend Date	Oct 9, 2024

Volume	216,419
Open	182.98
Previous Close	182.90
Day's Range	180.96 - 184.50
52-Week Range	95.33 - 191.57
Beta	1.37
Analysts	Hold
Price Target	120.00 (-34.17%)
Earnings Date	Oct 31, 2024

About IDCC

InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based ...

• Industry: Software - Application
• Sector: Technology
• Founded: 1972
• Employees: 450
• Stock Exchange: NASDAQ
• Ticker Symbol: IDCC
• Website: https://www.interdigital.com

Financial Performance

In 2023, InterDigital's revenue was $549.59 million, an increase of 20.05% compared to the previous year's $457.79 million. Earnings were $214.07 million, an increase of 128.48%.

Analyst Forecast

According to 3 analysts, the average rating for IDCC stock is "Hold." The 12-month stock price forecast is $120.0, which is a decrease of -34.17% from the latest price.

Price Target

$120.0

(-34.17% downside)

Analyst Consensus: Hold