InterDigital, Inc. (IDCC)

Market Cap	2.14B
Revenue (ttm)	535.78M
Net Income (ttm)	181.67M
Shares Out	26.41M
EPS (ttm)	6.18
PE Ratio	13.11
Forward PE	26.89
Dividend	$1.60 (1.98%)
Ex-Dividend Date	Oct 10, 2023

Volume	202,268
Open	80.34
Previous Close	80.23
Day's Range	80.19 - 81.25
52-Week Range	40.23 - 98.69
Beta	1.23
Analysts	Strong Buy
Price Target	92.50 (+14.18%)
Earnings Date	Nov 2, 2023

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 also 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...

• Industry: Telecom Services
• Sector: Communication Services
• Founded: 1972
• Employees: 425
• Stock Exchange: NASDAQ
• Ticker Symbol: IDCC

Financial Performance

In 2022, InterDigital's revenue was $457.79 million, an increase of 7.61% compared to the previous year's $425.41 million. Earnings were $93.69 million, an increase of 69.44%.

Analyst Forecast

According to 3 analysts, the average rating for IDCC stock is "Strong Buy." The 12-month stock price forecast is $92.5, which is an increase of 14.18% from the latest price.

Price Target

$92.5

(14.18% upside)

Analyst Consensus: Strong Buy