InterDigital, Inc. (IDCC)
NASDAQ: IDCC · Real-Time Price · USD
165.93
+0.23 (0.14%)
Nov 4, 2024, 4:00 PM EST - Market closed
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 -27.68% from the current stock price of 165.93.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 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 | -3.57% | Sep 11, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $106 → $100 | Strong Buy → Hold | Downgrades | $106 → $100 | -39.73% | May 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $140 → $100 | Strong Buy → Sell | Downgrades | $140 → $100 | -39.73% | 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 | -36.72% | May 10, 2023 |
Financial Forecast
Revenue This Year
736.13M
from 549.59M
Increased by 33.94%
Revenue Next Year
496.33M
from 736.13M
Decreased by -32.58%
EPS This Year
8.03
from 7.62
Increased by 5.39%
EPS Next Year
3.69
from 8.03
Decreased by -54.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 777.0M | 616.9M | 593.3M | |
| Avg | 736.1M | 496.3M | 544.1M | |
| Low | 699.4M | 376.9M | 491.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 41.4% | -16.2% | 19.5% | |
| Avg | 33.9% | -32.6% | 9.6% | |
| Low | 27.3% | -48.8% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.60 | 6.09 | 2.40 | |
| Avg | 8.03 | 3.69 | 2.34 | |
| Low | 7.52 | 2.08 | 2.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.9% | -24.2% | -34.8% | |
| Avg | 5.4% | -54.1% | -36.7% | |
| Low | -1.4% | -74.1% | -39.2% |
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.