InterDigital, Inc. (IDCC)
NASDAQ: IDCC · Real-Time Price · USD
182.29
-0.61 (-0.33%)
At close: Nov 20, 2024, 4:00 PM
182.30
+0.01 (0.01%)
Pre-market: Nov 21, 2024, 7:19 AM EST
InterDigital Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for InterDigital stock have an average target of 120, with a low estimate of 100 and a high estimate of 160. The average target predicts a decrease of -34.17% from the current stock price of 182.29.
Analyst Consensus: Hold
* Price targets were last updated on Sep 11, 2024.
Analyst Ratings
The average analyst rating for InterDigital stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $146 → $160 | Strong Buy | Maintains | $146 → $160 | -12.23% | Sep 11, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $106 → $100 | Strong Buy → Hold | Downgrades | $106 → $100 | -45.14% | May 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $140 → $100 | Strong Buy → Sell | Downgrades | $140 → $100 | -45.14% | Apr 1, 2024 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Aug 22, 2023 |
| B of A Securities | B of A Securities | Sell → Strong Buy Upgrades $55 → $105 | Sell → Strong Buy | Upgrades | $55 → $105 | -42.40% | May 10, 2023 |
Financial Forecast
Revenue This Year
877.16M
from 549.59M
Increased by 59.60%
Revenue Next Year
542.25M
from 877.16M
Decreased by -38.18%
EPS This Year
12.54
from 7.62
Increased by 64.51%
EPS Next Year
4.93
from 12.54
Decreased by -60.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 904.4M | 640.8M | 611.9M | |
| Avg | 877.2M | 542.3M | 560.5M | |
| Low | 841.3M | 461.0M | 461.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 64.6% | -26.9% | 12.9% | |
| Avg | 59.6% | -38.2% | 3.4% | |
| Low | 53.1% | -47.4% | -15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.49 | 5.88 | 7.57 | |
| Avg | 12.54 | 4.93 | 5.66 | |
| Low | 11.51 | 3.28 | 3.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 90.2% | -53.1% | 53.6% | |
| Avg | 64.5% | -60.7% | 14.9% | |
| Low | 51.0% | -73.8% | -28.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.