InterDigital, Inc. (IDCC)
NASDAQ: IDCC · IEX Real-Time Price · USD
96.42
-0.13 (-0.13%)
At close: Apr 15, 2024, 4:00 PM
95.77
-0.65 (-0.67%)
After-hours: Apr 15, 2024, 5:44 PM EDT
InterDigital Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for InterDigital stock has a target of 100, which predicts an increase of 3.71% from the current stock price of 96.42.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for InterDigital stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $140 → $100 | Strong Buy → Sell | Downgrades | $140 → $100 | +3.71% | 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 | +8.90% | May 10, 2023 |
| Jefferies | Jefferies | Strong Buy Initiates $80 | Strong Buy | Initiates | $80 | -17.03% | Dec 9, 2022 |
| B of A Securities | B of A Securities | Sell Initiates $60 | Sell | Initiates | $60 | -37.77% | Jul 25, 2022 |
Financial Forecast
Revenue This Year
647.36M
from 549.59M
Increased by 17.79%
Revenue Next Year
515.08M
from 647.36M
Decreased by -20.43%
EPS This Year
5.84
from 7.62
Decreased by -23.40%
EPS Next Year
4.59
from 5.84
Decreased by -21.36%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 677.3M | 622.5M |
| Avg | 647.4M | 515.1M |
| Low | 614.0M | 441.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 23.2% | -3.8% |
| Avg | 17.8% | -20.4% |
| Low | 11.7% | -31.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.22 | 5.41 |
| Avg | 5.84 | 4.59 |
| Low | 5.42 | 3.61 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -18.4% | -7.4% |
| Avg | -23.4% | -21.4% |
| Low | -28.9% | -38.2% |
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.