InterDigital, Inc. (IDCC)
NASDAQ: IDCC · IEX Real-Time Price · USD
122.15
-0.74 (-0.60%)
At close: Jul 19, 2024, 4:00 PM
122.21
+0.06 (0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
InterDigital Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for InterDigital stock have an average target of 100, which predicts a decrease of -18.13% from the current stock price of 122.15.
Analyst Consensus: Hold
* Price targets were last updated on May 13, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $106 → $100 | Strong Buy → Hold | Downgrades | $106 → $100 | -18.13% | May 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $140 → $100 | Strong Buy → Sell | Downgrades | $140 → $100 | -18.13% | 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 | -14.04% | May 10, 2023 |
| Jefferies | Jefferies | Strong Buy Initiates $80 | Strong Buy | Initiates | $80 | -34.51% | Dec 9, 2022 |
Financial Forecast
Revenue This Year
651.48M
from 549.59M
Increased by 18.54%
Revenue Next Year
514.04M
from 651.48M
Decreased by -21.10%
EPS This Year
5.59
from 7.62
Decreased by -26.65%
EPS Next Year
4.51
from 5.59
Decreased by -19.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 682.3M | 622.5M | 576.4M | 611.1M |
| Avg | 651.5M | 514.0M | 560.0M | 593.6M |
| Low | 614.5M | 429.0M | 538.0M | 570.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 24.2% | -4.5% | 12.1% | 9.1% |
| Avg | 18.5% | -21.1% | 8.9% | 6.0% |
| Low | 11.8% | -34.1% | 4.7% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.90 | 5.23 | 3.35 | 7.35 |
| Avg | 5.59 | 4.51 | 3.25 | 7.14 |
| Low | 5.12 | 3.77 | 3.13 | 6.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -22.6% | -6.5% | -25.7% | 125.9% |
| Avg | -26.6% | -19.3% | -27.8% | 119.4% |
| Low | -32.9% | -32.5% | -30.7% | 110.8% |
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.