Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
InterDigital Inc Market Cap
From what 4 stock analysts predict, the share price for InterDigital Inc (IDCC) might decrease by 4.8% in the next year. This is based on a 12-month average estimation for IDCC. Price targets go from $100 to $160. The majority of stock analysts believe IDCC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assignedIDCC 2 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect InterDigital Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IDCC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of IDCC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Scott Searle Roth MKM | Buy | $160 | Maintains | Sep 11, 2024 |
| Blayne Curtis Jefferies | Hold | $100 | Downgrade | May 13, 2024 |
| Tal Liani B of A Securities | Underperform | $100 | Downgrade | Apr 1, 2024 |
| Arjun Bhatia William Blair | Outperform | Reinstates | Aug 22, 2023 | |
| Tal Liani B of A Securities | Buy | $105 | Upgrade | May 10, 2023 |
| Mark Lipacis Jefferies | Buy | $80 | Initiates | Dec 9, 2022 |
| Tal Liani B of A Securities | Underperform | $60 | Initiates | Jul 25, 2022 |
Oppenheimer | Outperform | Initiates | Jul 16, 2020 | |
B. Riley | Buy | Reiterates | Jan 15, 2020 | |
B. Riley Securities | Buy | $90 | Reiterates | Jan 15, 2020 |
B. Riley Securities | Buy | $80 | Maintains | Aug 2, 2019 |
B. Riley FBR | Buy | Maintains | Aug 2, 2019 | |
B. Riley FBR | Buy | Upgrade | May 5, 2018 | |
Dougherty & Co. | Buy | Upgrade | Feb 23, 2018 | |
Dougherty | Buy | Upgrade | Feb 23, 2018 | |
Sidoti & Co. | Buy | Upgrade | Aug 8, 2017 | |
Benchmark | Hold | Initiates | Apr 25, 2017 | |
B. Riley FBR | Buy | Upgrade | Apr 24, 2017 | |
B. Riley Securities | Buy | Upgrade | Apr 24, 2017 | |
Dougherty & Co. | Neutral | Downgrade | Oct 5, 2016 |
When did it IPO
1990
Staff Count
450
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. Lawrence Chen
Market Cap
$3.60B
In 2023, IDCC generated $549.6M in revenue, which was a increase of 20.05% from the previous year. This can be seen as a signal that IDCC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - InterDigital, Inc. aims for $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030, according to a recent announcement.
Why It Matters - InterDigital's ambitious targets of $1 billion in recurring revenue and $600 million in EBITDA by 2030 signal growth potential, impacting stock valuation and investor confidence in future profitability.
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - InterDigital, Inc. (Nasdaq: IDCC) received two CSI Awards for excellence in video processing and immersive video experiences, highlighting its advancements in mobile and AI technology.
Why It Matters - InterDigital's CSI Awards highlight its leadership in video technology, potentially boosting its market position and attracting investment interest. Enhanced reputation may drive future revenue growth.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - InterDigital, Inc. (Nasdaq: IDCC) has increased its quarterly cash dividend from $0.40 to $0.45 per share, effective immediately, as approved by its Board of Directors.
Why It Matters - The increase in InterDigital's quarterly cash dividend signals strong financial health, potentially attracting income-focused investors and boosting stock demand.
Mon, 09 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - InterDigital, Inc. will participate in the 6GSymposium with partners Northeastern University and Next G Alliance, focusing on mobile, video, and AI technology development.
Why It Matters - InterDigital's participation in the 6GSymposium signals its commitment to advancing next-gen technology, potentially enhancing its market position and attracting investor interest.
Thu, 05 Sep 2024
Sentiment - POSITIVE
Source - Schwab Network
Summary - InterDigital (IDCC) CEO Liren Chen highlights the company's profitable portfolio and discusses partnerships with Alphabet (GOOGL) and Apple (AAPL), focusing on A.I. positioning.
Why It Matters - InterDigital's strong portfolio and partnerships with tech giants like Alphabet and Apple signal potential growth and profitability, making it an attractive prospect for investors focused on tech innovations.
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - InterDigital, Inc. (Nasdaq: IDCC) will present advanced video technology at the International Broadcasting Convention (IBC) in Amsterdam from September 13-16, 2024.
Why It Matters - InterDigital's showcase of advanced video technology at IBC could enhance its market position, attract partnerships, and drive future revenue, influencing investor sentiment and stock performance.
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