InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Stock analysts at Zacks Research reduced their Q3 2026 earnings estimates for InterDigital in a research report issued on Tuesday, June 16th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings of $1.78 per share for the quarter, down from their prior estimate of $1.80. The consensus estimate for InterDigital’s current full-year earnings is $7.41 per share. Zacks Research also issued estimates for InterDigital’s Q4 2026 earnings at $2.13 EPS and Q1 2028 earnings at $2.07 EPS.
Other analysts also recently issued reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings cut InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $416.67.
InterDigital Stock Down 0.6%
InterDigital stock opened at $287.15 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $7.42 billion, a P/E ratio of 27.04 and a beta of 1.43. InterDigital has a 1-year low of $213.06 and a 1-year high of $412.60. The firm’s fifty day simple moving average is $299.42 and its 200-day simple moving average is $325.26.
InterDigital (NASDAQ:IDCC – Get Free Report) last released its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The company had revenue of $205.42 million during the quarter, compared to the consensus estimate of $196.85 million. During the same quarter in the prior year, the firm earned $3.45 EPS. The company’s revenue was down 2.4% compared to the same quarter last year. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS.
Hedge Funds Weigh In On InterDigital
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its holdings 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 in the last quarter. Norges Bank acquired a new stake in shares of InterDigital during the 4th quarter valued at $128,918,000. Royal Bank of Canada grew its position in InterDigital by 375.7% during the 1st quarter. Royal Bank of Canada now owns 199,655 shares of the Wireless communications provider’s stock worth $60,297,000 after acquiring an additional 157,687 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in InterDigital by 135.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 219,388 shares of the Wireless communications provider’s stock worth $66,255,000 after purchasing an additional 126,328 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of InterDigital by 18.6% during the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider’s stock worth $251,250,000 after purchasing an additional 123,686 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other InterDigital news, Director Samir Armaly sold 470 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $130,020.80. Following the transaction, the director owned 4,608 shares in the company, valued at $1,274,757.12. This represents a 9.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Rajesh Pankaj sold 1,500 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $313.30, for a total value of $469,950.00. Following the sale, the chief technology officer directly owned 72,449 shares in the company, valued at $22,698,271.70. This represents a 2.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,472 shares of company stock valued at $1,575,109 in the last ninety days. 3.50% of the stock is currently owned by company insiders.
InterDigital Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, July 8th. InterDigital’s dividend payout ratio is 26.37%.
Key Stories Impacting InterDigital
Here are the key news stories impacting InterDigital this week:
- Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court ruling that Disney infringed an InterDigital video-encoding patent and confirming the patent’s validity. The injunction spans 11 EU countries and could strengthen InterDigital’s leverage in licensing negotiations. InterDigital awarded injunction against Disney by Unified Patent Court
- Positive Sentiment: The company is highlighting its video and AI technology leadership at the FOKUS Media Web Symposium, showcasing energy-efficient streaming and interactive AR capabilities that reinforce its innovation pipeline and licensing value. InterDigital to Spotlight Innovation Underpinning Interactive AR and Energy-Efficient Video Streaming at 2026 FOKUS Media Web Symposium
- Neutral Sentiment: InterDigital shareholders approved bylaw and governance changes at the annual meeting, a routine corporate update with limited immediate operating impact. InterDigital Shareholders Approve Bylaw Changes and Governance Items
- Negative Sentiment: Several directors disclosed stock sales under pre-arranged 10b5-1 plans, which can weigh on sentiment even if the trades were not discretionary. SEC Form 4 – Derek K. Aberle sale SEC Form 4 – John A. Kritzmacher sale SEC Form 4 – Jean F. Rankin sale SEC Form 4 – Samir Armaly sale
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.
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