InterDigital Q2 EPS Estimate Decreased by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC) – Research analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of InterDigital in a report issued on Monday, March 9th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $1.70 for the quarter, down from their previous forecast of $1.99. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share. Zacks Research also issued estimates for InterDigital’s Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $7.73 EPS, Q2 2027 earnings at $2.14 EPS, Q4 2027 earnings at $1.26 EPS, FY2027 earnings at $7.36 EPS and FY2028 earnings at $8.23 EPS.

A number of other equities analysts have also recently commented on the stock. Weiss Ratings cut shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. UBS Group set a $425.00 target price on InterDigital in a research note on Monday, December 1st. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Roth Mkm reissued a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, InterDigital currently has an average rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Stock Up 0.5%

IDCC stock opened at $365.72 on Wednesday. InterDigital has a 1-year low of $180.60 and a 1-year high of $412.60. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.40 billion, a price-to-earnings ratio of 30.66 and a beta of 1.57. The company’s 50 day moving average is $341.94 and its 200 day moving average is $341.37.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.47. The company had revenue of $158.23 million during the quarter, compared to the consensus estimate of $155.57 million. InterDigital had a return on equity of 41.09% and a net margin of 48.76%.The firm’s quarterly revenue was down 37.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.15 EPS. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS.

Institutional Investors Weigh In On InterDigital

Several hedge funds and other institutional investors have recently made changes to their positions in IDCC. NewEdge Advisors LLC raised its position in InterDigital by 37.6% in the 1st quarter. NewEdge Advisors LLC now owns 3,911 shares of the Wireless communications provider’s stock worth $809,000 after purchasing an additional 1,069 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in InterDigital by 5.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,066 shares of the Wireless communications provider’s stock valued at $15,933,000 after acquiring an additional 4,105 shares during the period. Resona Asset Management Co. Ltd. boosted its holdings in InterDigital by 2.9% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 4,700 shares of the Wireless communications provider’s stock valued at $1,054,000 after acquiring an additional 131 shares during the period. Savant Capital LLC grew its stake in InterDigital by 30.9% in the 2nd quarter. Savant Capital LLC now owns 3,117 shares of the Wireless communications provider’s stock worth $699,000 after acquiring an additional 736 shares in the last quarter. Finally, Fox Run Management L.L.C. increased its holdings in InterDigital by 19.2% during the 2nd quarter. Fox Run Management L.L.C. now owns 2,868 shares of the Wireless communications provider’s stock worth $643,000 after purchasing an additional 461 shares during the period. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Insider Activity

In related news, insider Joshua D. Schmidt sold 467 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $365.86, for a total transaction of $170,856.62. Following the sale, the insider owned 27,021 shares of the company’s stock, valued at $9,885,903.06. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard Brezski sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $352.24, for a total value of $704,480.00. Following the transaction, the chief financial officer directly owned 70,404 shares in the company, valued at approximately $24,799,104.96. This represents a 2.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 44,054 shares of company stock valued at $14,688,067 in the last three months. 2.30% of the stock is currently owned by insiders.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Raised near-term quarter views: Zacks bumped Q4 2026 EPS to $1.80 (from $1.45) and Q3 2027 to $2.18 (from $2.08); they also slightly lifted Q2 2027 to $2.14. These increases signal pockets of stronger expected licensing/royalty performance in specific quarters.
• Neutral Sentiment: Zacks retained a “Hold” rating on IDCC and the street consensus full‑year EPS figure remains cited at $9.21, so no change to overarching analyst stance despite the model updates.
• Negative Sentiment: Multiple downward revisions to other near- and longer-term forecasts: Q2 2026 cut to $1.70 (from $1.99), Q1 2027 to $1.79 (from $1.83), Q3 2026 to $1.93 (from $2.05), Q4 2027 sharply cut to $1.26 (from $1.97), FY2026 to $7.73 (from $7.80), FY2027 to $7.36 (from $7.97) and FY2028 to $8.23 (from $9.34). The breadth of these downgrades—especially the sizeable cuts to Q4 2027 and FY2028—reduces earnings visibility and is the main bearish driver for the stock today.

About InterDigital

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.