Zacks Research Increases Earnings Estimates for InterDigital

InterDigital, Inc. (NASDAQ:IDCC) – Equities researchers at Zacks Research raised their FY2026 EPS estimates for shares of InterDigital in a research note issued to investors on Thursday, June 4th. Zacks Research analyst Team now forecasts that the Wireless communications provider will earn $7.42 per share for the year, up from their previous forecast of $7.41. 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 $2.11 EPS, Q3 2027 earnings at $2.09 EPS, Q4 2027 earnings at $2.13 EPS, FY2027 earnings at $7.81 EPS, Q1 2028 earnings at $2.08 EPS and FY2028 earnings at $8.94 EPS.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of InterDigital in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, InterDigital presently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Price Performance

Shares of NASDAQ:IDCC opened at $260.64 on Monday. The firm’s 50 day moving average price is $303.95 and its 200-day moving average price is $328.69. InterDigital has a twelve month low of $213.06 and a twelve month high of $412.60. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $6.73 billion, a PE ratio of 24.54 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.03. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The firm had revenue of $205.42 million for the quarter, compared to analysts’ expectations of $196.85 million. During the same quarter in the prior year, the business earned $3.45 EPS. The business’s quarterly revenue was down 2.4% on a year-over-year basis. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS.

InterDigital Announces Dividend

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

Insider Buying and Selling

In other InterDigital news, insider Joshua D. Schmidt sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the sale, the insider owned 25,889 shares in the company, valued at approximately $9,014,808.69. This trade represents a 18.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Rajesh Pankaj sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $313.30, for a total transaction of $469,950.00. Following the sale, the chief technology officer owned 72,449 shares in the company, valued at approximately $22,698,271.70. The trade was a 2.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On InterDigital

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. bought a new stake in InterDigital during the 4th quarter worth approximately $26,000. Anchor Investment Management LLC bought a new stake in InterDigital during the 1st quarter worth approximately $30,000. Aster Capital Management DIFC Ltd raised its stake in InterDigital by 186.8% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares during the period. Leonteq Securities AG bought a new stake in InterDigital during the 4th quarter worth approximately $35,000. Finally, Financial Consulate Inc. bought a new stake in InterDigital during the 4th quarter worth approximately $41,000. 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.