InterDigital, Inc. (IDCC)

NASDAQ: IDCC · IEX Real-Time Price · USD
41.77
+0.15 (0.36%)
Sep 27, 2022 3:59 PM EDT - Market closed
0.36%
Market Cap 1.24B
Revenue (ttm) 481.29M
Net Income (ttm) 87.17M
Shares Out 29.66M
EPS (ttm) 2.80
PE Ratio 14.92
Forward PE 10.28
Dividend $1.40 (3.35%)
Ex-Dividend Date Oct 11, 2022
Volume 191,233
Open 41.88
Previous Close 41.62
Day's Range 41.40 - 42.57
52-Week Range 41.40 - 74.27
Beta 1.02
Analysts Buy
Price Target 89.76 (+114.9%)
Earnings Date Nov 2, 2022

About IDCC

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 term... [Read more...]

Industry Communications Equipment
Founded 1972
Employees 510
Stock Exchange NASDAQ
Ticker Symbol IDCC
Full Company Profile

Financial Performance

In 2021, InterDigital's revenue was $425.41 million, an increase of 18.50% compared to the previous year's $358.99 million. Earnings were $55.30 million, an increase of 23.42%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for IDCC stock is "Buy." The 12-month stock price forecast is 89.76, which is an increase of 114.89% from the latest price.

Price Target
$89.76
(114.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

WILMINGTON, Del., Sept. 08, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has dec...

2 weeks ago - GlobeNewsWire

InterDigital (IDCC) Report Shows Significant 5G Potential

Per the report by InterDigital (IDCC) and ABI Research, the private 5G addressable market is anticipated to grow exponentially on verticals such as energy and utilities, healthcare and manufacturing.

1 month ago - Zacks Investment Research

5G will generate $7 trillion worth of economic value in 2030, finds new State of 5G Report

New research from InterDigital and ABI Research provides an insider's view into the dynamics of the 5G ecosystem and the decisions and innovations that shape future generations of wireless New research ...

1 month ago - GlobeNewsWire

7 Small-Cap Stocks to Buy Before the Bull Market Returns

Small-cap stocks with lower market capitalizations ranging from $300 million to $2 billion have taken quite a hit since January. These stocks typically belong to smaller companies with massive long-term...

1 month ago - InvestorPlace

InterDigital (IDCC) Q2 Earnings Beat on Solid Top-Line Growth

Healthy momentum in license agreements enable InterDigital (IDCC) to beat second-quarter 2022 earnings estimates.

1 month ago - Zacks Investment Research

InterDigital (IDCC) Q2 Earnings and Revenues Beat Estimates

InterDigital (IDCC) delivered earnings and revenue surprises of 18.97% and 2.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

InterDigital Announces Financial Results for Second Quarter 2022

New License Agreements drive 42% Increase in YoY Revenue New License Agreements drive 42% Increase in YoY Revenue

1 month ago - GlobeNewsWire

Can InterDigital (IDCC) Keep the Earnings Surprise Streak Alive?

InterDigital (IDCC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

InterDigital (IDCC) Earnings Expected to Grow: Should You Buy?

InterDigital (IDCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

IDCC vs. SWIR: Which Stock Is the Better Value Option?

IDCC vs. SWIR: Which Stock Is the Better Value Option?

Other symbols: SWIR
2 months ago - Zacks Investment Research

Top 2 Wireless Equipment Stocks With Modest Dividend Yield

Ericsson (ERIC) and InterDigital (IDCC) have modest dividend yield despite high inflationary pressures and intense market volatility.

Other symbols: ERIC
2 months ago - Zacks Investment Research

InterDigital's Xiaofei Wang Appointed Chair of the IEEE 802.11 Topic Interest Group (TIG) for Artificial Intelligence...

Critical role oversees group established to explore AIML use cases for Wi-Fi Critical role oversees group established to explore AIML use cases for Wi-Fi

2 months ago - GlobeNewsWire

InterDigital Announces Date for Second Quarter 2022 Financial Results

WILMINGTON, Del., July 13, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its se...

2 months ago - GlobeNewsWire

InterDigital (IDCC) Inks Patent License Agreement With Zebra

The multi-year non-exclusive royalty-bearing licensing deal with Zebra will likely generate incremental revenues for InterDigital (IDCC) in the long run.

2 months ago - Zacks Investment Research

InterDigital signs license agreement with Zebra Technologies Corporation

WILMINGTON, Del., July 05, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that it has signed a multi-year, wor...

2 months ago - GlobeNewsWire

What Makes InterDigital (IDCC) a Solid Investment Proposition?

With a modest dividend of 2.3% and healthy fundamentals, InterDigital (IDCC) currently appears to be an enticing investment option in this volatile market.

2 months ago - Zacks Investment Research

InterDigital's Ravikumar Pragada Bestowed the IEEE Benjamin Franklin Key Award for Critical Contributions to 5G

Mr. Pragada recognized for leadership and contributions in areas of millimeter wave, device-to-device communications, and ultra-low power wireless systems Mr. Pragada recognized for leadership and contr...

2 months ago - GlobeNewsWire

InterDigital (IDCC) Updates Q2 View on New Licensing Contract

The improved outlook offers better clarity regarding InterDigital's (IDCC) business operations as it aims to navigate through the post-pandemic market revival.

2 months ago - Zacks Investment Research

InterDigital Issues Updated Guidance for Second Quarter 2022; Announces New License Agreements

WILMINGTON, Del., June 28, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced that it expects second quarter 2022...

2 months ago - GlobeNewsWire

InterDigital Appoints New Chief Technology Officer

WILMINGTON, Del., June 23, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced that it has appointed industry vete...

3 months ago - GlobeNewsWire

Inria and InterDigital Launch Nemo.AI Common Lab

Public-private research collaboration hires Brittany locals to explore and develop technologies for the coming metaverse Public-private research collaboration hires Brittany locals to explore and develo...

3 months ago - GlobeNewsWire

7 Small-Cap Stocks to Buy for Big Results

Small-cap stocks should outperform with supply chain changes. Here are some stocks to buy with good fundamentals.

Other symbols: CCSENSGFIXLPIPTENRCII
3 months ago - InvestorPlace

Here's Why InterDigital (IDCC) is a Solid Investment Bet Now

With a modest dividend of 2.2% and healthy fundamentals, InterDigital (IDCC) currently appears to be an enticing investment option at the moment.

3 months ago - Zacks Investment Research

Why InterDigital (IDCC) Might be Well Poised for a Surge

InterDigital (IDCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

4 months ago - Zacks Investment Research

InterDigital Announces Upsize and Pricing of Private Offering of $400 Million of 3.50% Senior Convertible Notes

WILMINGTON, Del., May 25, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. ("InterDigital") (Nasdaq:IDCC) announced today the pricing of its private offering of $400.0 million aggregate principal amount of 3...

4 months ago - GlobeNewsWire