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InterDigital, Inc. (IDCC)

NASDAQ: IDCC · IEX Real-Time Price · USD
68.09 -0.03 (-0.04%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap2.09B
Revenue (ttm)348.38M
Net Income (ttm)29.62M
Shares Out30.80M
EPS (ttm)0.95
PE Ratio71.67
Forward PE23.36
Dividend$1.40 (2.06%)
Ex-Dividend DateOct 12, 2021
Volume73,368
Open68.25
Previous Close68.12
Day's Range67.86 - 68.60
52-Week Range53.27 - 84.88
Beta1.11
AnalystsStrong Buy
Price Target97.00 (+42.5%)
Est. Earnings DateNov 4, 2021

About IDCC

InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. 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 terminal devices; and 3GPP technology portfolio in 5G NR, beyond...

IndustryCommunications Equipment
Founded1972
CEOWilliam Merritt
Employees514
Stock ExchangeNASDAQ
Ticker SymbolIDCC
Full Company Profile

Financial Performance

In 2020, InterDigital's revenue was $358.99 million, an increase of 12.56% compared to the previous year's $318.92 million. Earnings were $44.80 million, an increase of 114.07%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for InterDigital stock is "Strong Buy." The 12-month stock price forecast is 97.00, which is an increase of 42.46% from the latest price.

Price Target
$97.00
(42.46% upside)
Analyst Consensus: Strong Buy

News

Zip Code Wilmington and InterDigital Announce Outcomes of Inaugural B1ue N0te™ High School Technology Training Initia...

WILMINGTON, Del., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Delaware's premier non-profit coding school, Zip Code Wilmington, in partnership with InterDigital, Inc. (Nasdaq: IDCC), a Delaware-based mobile and v...

2 weeks ago - GlobeNewsWire

InterDigital's Arman Shojaeifard Elected Chair of New ETSI Industry Specification Group on Reconfigurable Intelligent...

InterDigital proposal drives creation of new industry specification group InterDigital proposal drives creation of new industry specification group

3 weeks ago - GlobeNewsWire

InterDigital Names Rob Stien Chief Communications and Public Policy Officer

Blair Watters promoted to Vice President, Government Relations and Standards Policy Blair Watters promoted to Vice President, Government Relations and Standards Policy

4 weeks ago - GlobeNewsWire

JNPR vs. IDCC: Which Stock Should Value Investors Buy Now?

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

Other symbols:JNPR
1 month ago - Zacks Investment Research

InterDigital to Present at the Sidoti Fall Virtual Small Cap Conference

WILMINGTON, Del., Sept. 20, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will be presenting...

1 month ago - GlobeNewsWire

What Makes InterDigital (IDCC) a Solid Investment Bet Now?

With healthy fundamentals, global footprint, diversified product portfolio, and ability to penetrate different markets, InterDigital (IDCC) appears to be a solid investment option at the moment.

1 month ago - Zacks Investment Research

InterDigital (IDCC) Solid Q3 View to Boost Investor Confidence

The healthy guidance speaks volumes about the operating leverage of InterDigital's (IDCC) licensing business.

1 month ago - Zacks Investment Research

InterDigital Issues Guidance for Third Quarter 2021

WILMINGTON, Del., Sept. 15, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today provided guidance for third quarter 2021.

1 month ago - GlobeNewsWire

InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

WILMINGTON, Del., Sept. 10, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has dec...

1 month ago - GlobeNewsWire

InterDigital (IDCC) Partners Seiko Solutions, Inks Licensing Deal

InterDigital (IDCC) renews a multi-year licensing agreement with Seiko Solutions to power the latter's range of phones with patents related to 3G, 4G, and 5G cellular wireless technology.

1 month ago - Zacks Investment Research

JNPR or IDCC: Which Is the Better Value Stock Right Now?

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

Other symbols:JNPR
1 month ago - Zacks Investment Research

Why InterDigital (IDCC) Stock Might be a Great Pick

InterDigital (IDCC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

Will InterDigital (IDCC) Gain on Rising Earnings Estimates?

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

1 month ago - Zacks Investment Research

JNPR vs. IDCC: Which Stock Should Value Investors Buy Now?

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

Other symbols:JNPR
2 months ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for August 10th

KLIC, MELI, IDCC, and WCC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 10, 2021

Other symbols:KLICMELIWCC
2 months ago - Zacks Investment Research

InterDigital (IDCC) Beats on Q2 Earnings Despite Lower Revenues

Despite top-line contraction due to challenging market conditions, InterDigital (IDCC) beats second-quarter 2021 earnings estimates.

2 months ago - Zacks Investment Research

InterDigital to Present at the Oppenheimer 24th Annual Technology, Internet, and Communications Virtual Investor Conf...

WILMINGTON, Del., Aug. 06, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will be presenting ...

2 months ago - GlobeNewsWire

InterDigital Q2 Revenue Declines 16% As Patent Royalties Decrease 15%

InterDigital Inc (NASDAQ: IDCC) reported a second-quarter FY21 revenue decline of 16% year-on-year to $87.7 million, beating the analyst consensus of $84.3 million. Recurring revenue declined 8.3% Y/Y t...

2 months ago - Benzinga

InterDigital (IDCC) Beats Q2 Earnings and Revenue Estimates

InterDigital (IDCC) delivered earnings and revenue surprises of 256.00% and 1.80%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

InterDigital Announces Financial Results for Second Quarter 2021

Recently Signed Deal Adds to Momentum Recently Signed Deal Adds to Momentum

2 months ago - GlobeNewsWire

InterDigital signs licensing agreement with Xiaomi

WILMINGTON, Del., Aug. 03, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced it has entered into a multi-year, wo...

2 months ago - GlobeNewsWire

JNPR or IDCC: Which Is the Better Value Stock Right Now?

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

Other symbols:JNPR
2 months ago - Zacks Investment Research

Earnings Preview: InterDigital (IDCC) Q2 Earnings Expected to Decline

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.

2 months ago - Zacks Investment Research

InterDigital Wins Key Patent Verdict Against Lenovo from the UK's High Court

WILMINGTON, Del., July 29, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced a judgment from the UK's High Court ...

2 months ago - GlobeNewsWire

InterDigital Announces Date for Second Quarter 2021 Financial Results

WILMINGTON, Del., July 12, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its se...

3 months ago - GlobeNewsWire