InterDigital (NASDAQ:IDCC) Issues FY 2026 Earnings Guidance

InterDigital (NASDAQ:IDCC) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 10.850-12.810 for the period, compared to the consensus EPS estimate of 9.170. The company issued revenue guidance of $775.0 million-$845.0 million, compared to the consensus revenue estimate of $700.9 million. InterDigital also updated its Q3 2026 guidance to 1.940-2.130 EPS.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $416.67.

InterDigital Price Performance

Shares of NASDAQ:IDCC opened at $261.14 on Thursday. InterDigital has a one year low of $229.51 and a one year high of $412.60. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 24.59 and a beta of 1.42. The company has a 50-day simple moving average of $268.96 and a 200-day simple moving average of $311.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $3.72. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The business’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter last year, the company earned $6.52 EPS. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. On average, analysts predict that InterDigital will post 7.41 EPS for the current year.

InterDigital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is 26.37%.

Insiders Place Their Bets

In other news, Director Derek K. Aberle sold 522 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $144,406.08. Following the transaction, the director directly owned 7,620 shares in the company, valued at $2,107,996.80. The trade was a 6.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John A. Kritzmacher sold 365 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $100,973.60. Following the transaction, the director directly owned 16,359 shares of the company’s stock, valued at approximately $4,525,553.76. This trade represents a 2.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,872 shares of company stock valued at $1,654,159. Corporate insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On InterDigital

Hedge funds have recently made changes to their positions in the business. Kemnay Advisory Services Inc. acquired a new stake in InterDigital in the 4th quarter valued at $26,000. Greenline Wealth Management LLC acquired a new position in shares of InterDigital during the fourth quarter worth about $48,000. Headlands Technologies LLC boosted its position in shares of InterDigital by 47.9% in the second quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider’s stock worth $56,000 after buying an additional 81 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of InterDigital by 328.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the Wireless communications provider’s stock valued at $61,000 after buying an additional 148 shares in the last quarter. Finally, Gen Wealth Partners Inc acquired a new stake in shares of InterDigital in the fourth quarter valued at about $65,000. 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.