InterDigital (NASDAQ:IDCC) Updates FY 2026 Earnings Guidance

InterDigital (NASDAQ:IDCC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 8.740-11.840 for the period, compared to the consensus earnings per share estimate of 9.420. The company issued revenue guidance of $675.0 million-$775.0 million, compared to the consensus revenue estimate of $699.1 million. InterDigital also updated its Q2 2026 guidance to 1.410-1.600 EPS.

Analyst Upgrades and Downgrades

Several analysts have commented on IDCC shares. Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Roth Mkm restated a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.

InterDigital Trading Down 9.5%

InterDigital stock traded down $33.68 during midday trading on Thursday, hitting $319.00. 98,514 shares of the stock were exchanged, compared to its average volume of 358,983. The stock has a market capitalization of $8.25 billion, a PE ratio of 26.74 and a beta of 1.66. The company has a fifty day simple moving average of $348.27 and a two-hundred day simple moving average of $347.07. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. InterDigital has a 52 week low of $196.00 and a 52 week high of $412.60.

InterDigital (NASDAQ:IDCC) last posted its 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 for the quarter, compared to analyst estimates of $155.57 million. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business’s revenue for the quarter was down 37.4% compared to the same quarter last year. During the same period last year, the business posted $5.15 earnings per share. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. Equities research analysts anticipate that InterDigital will post 7.71 EPS for the current fiscal year.

InterDigital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were issued a dividend of $0.70 per share. The ex-dividend date was Wednesday, April 8th. This represents a $2.80 annualized dividend and a yield of 0.9%. InterDigital’s payout ratio is currently 23.47%.

Insider Buying and Selling at InterDigital

In other InterDigital news, Director Joan H. Gillman sold 325 shares of the firm’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 transaction of $114,478.00. Following the sale, the director directly owned 22,036 shares in the company, valued at approximately $7,761,960.64. This trade represents a 1.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $360.80, for a total transaction of $2,166,604.00. Following the completion of the transaction, the chief financial officer directly owned 72,404 shares in the company, valued at approximately $26,123,363.20. The trade was a 7.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,997 shares of company stock worth $6,672,454 over the last three months. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On InterDigital

A number of large investors have recently added to or reduced their stakes in IDCC. Price T Rowe Associates Inc. MD raised its stake in shares of InterDigital by 62.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider’s stock valued at $707,477,000 after purchasing an additional 854,845 shares during the period. Invesco Ltd. boosted its position in shares of InterDigital by 24.8% during the fourth quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider’s stock worth $143,546,000 after buying an additional 89,647 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of InterDigital by 18.9% during the third quarter. Ameriprise Financial Inc. now owns 368,323 shares of the Wireless communications provider’s stock worth $127,202,000 after buying an additional 58,660 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of InterDigital by 13.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 170,352 shares of the Wireless communications provider’s stock worth $54,237,000 after buying an additional 20,300 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in InterDigital by 130.9% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 129,618 shares of the Wireless communications provider’s stock valued at $41,268,000 after buying an additional 73,481 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

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.