InterDigital (NASDAQ:IDCC – Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.390-2.680 for the period, compared to the consensus earnings per share estimate of 2.180. The company issued revenue guidance of $194.0 million-$200.0 million, compared to the consensus revenue estimate of $162.5 million.
Analysts Set New Price Targets
IDCC has been the topic of a number of research reports. Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Weiss Ratings lowered InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Jefferies Financial Group set a $475.00 price target on shares of InterDigital and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group set a $425.00 price objective on shares of InterDigital in a report on Monday, December 1st. Finally, Zacks Research downgraded shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $416.67.
Get Our Latest Stock Analysis on IDCC
InterDigital Price Performance
InterDigital (NASDAQ:IDCC – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The firm had revenue of $158.23 million during the quarter, compared to analyst estimates of $155.57 million. During the same period last year, the company posted $5.15 EPS. The firm’s quarterly revenue was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, equities research analysts forecast that InterDigital will post 9.21 EPS for the current fiscal year.
InterDigital Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $2.80 annualized dividend and a yield of 0.8%. InterDigital’s dividend payout ratio is currently 18.89%.
Insider Activity
In other news, Director John A. Kritzmacher sold 1,250 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total transaction of $413,750.00. Following the completion of the sale, the director owned 15,815 shares in the company, valued at approximately $5,234,765. This represents a 7.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lawrence Liren Chen sold 5,958 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $327.62, for a total value of $1,951,959.96. Following the sale, the chief executive officer directly owned 153,077 shares of the company’s stock, valued at approximately $50,151,086.74. This represents a 3.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 36,307 shares of company stock valued at $11,905,598 in the last ninety days. 2.80% of the stock is owned by company insiders.
Institutional Trading of InterDigital
A number of hedge funds have recently modified their holdings of the business. Headlands Technologies LLC grew its holdings in shares of InterDigital by 47.9% during the second quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider’s stock valued at $56,000 after buying an additional 81 shares in the last quarter. Danske Bank A S acquired a new stake in InterDigital during the 3rd quarter worth about $104,000. New Vernon Capital Holdings II LLC grew its stake in InterDigital by 814.3% during the 3rd quarter. New Vernon Capital Holdings II LLC now owns 320 shares of the Wireless communications provider’s stock valued at $110,000 after acquiring an additional 285 shares in the last quarter. Palisade Asset Management LLC acquired a new position in shares of InterDigital in the 3rd quarter valued at about $197,000. Finally, Schroder Investment Management Group purchased a new stake in shares of InterDigital in the third quarter worth approximately $205,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.
InterDigital Company Profile
InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.
The company’s principal services include patent licensing, technology evaluation and consulting.
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