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InterDigital, Inc.NasdaqGS:IDCC Stock Report

Market Cap US$7.0b
Share Price
US$270.21
US$462.67
41.6% undervalued intrinsic discount
1Y24.7%
7D-2.8%
Portfolio Value
View

InterDigital, Inc.

NasdaqGS:IDCC Stock Report

Market Cap: US$7.0b

InterDigital (IDCC) Stock Overview

Operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies. More details

IDCC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

IDCC Community Fair Values

Create Narrative

See what 42 others think this stock is worth. Follow their fair value or set your own to get alerts.

InterDigital, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for InterDigital
Historical stock prices
Current Share PriceUS$270.21
52 Week HighUS$412.60
52 Week LowUS$205.78
Beta1.49
1 Month Change-23.22%
3 Month Change-24.27%
1 Year Change24.71%
3 Year Change222.14%
5 Year Change285.90%
Change since IPO2,536.20%

Recent News & Updates

Narrative Update May 02

IDCC: New Licensing Wins And Index Inclusion Will Support Future Upside Potential

Analysts reaffirmed their $425.00 price target on InterDigital, citing updated assumptions for revenue growth, profit margins and future P/E that keep their valuation outlook broadly in line with prior expectations. What's in the News InterDigital plans to showcase HDR Master Production for Advanced Streaming at NAB 2026, highlighting a metadata driven conversion workflow designed to support both HDR and SDR content, including ad insertion, using SMPTE standards such as ST 2094-60 (Product related announcement).
Seeking Alpha Apr 25

InterDigital: Good Results Already Priced In

Summary InterDigital shares have surged 55%, but current valuations are stretched, with sector multiple premiums exceeding 100%. Recent results show normalized, not accelerating, growth; strong ARR and margins are already priced in, with no new growth drivers visible. Management’s cautious guidance and consensus forecasts indicate revenue and EPS declines, while fair value models suggest 4-8% downside even under optimistic assumptions. I maintain a Hold rating, preferring to buy IDCC only on 10-20%+ pullbacks, as all growth prospects are already embedded in the price. Read the full article on Seeking Alpha

Recent updates

Narrative Update May 02

IDCC: New Licensing Wins And Index Inclusion Will Support Future Upside Potential

Analysts reaffirmed their $425.00 price target on InterDigital, citing updated assumptions for revenue growth, profit margins and future P/E that keep their valuation outlook broadly in line with prior expectations. What's in the News InterDigital plans to showcase HDR Master Production for Advanced Streaming at NAB 2026, highlighting a metadata driven conversion workflow designed to support both HDR and SDR content, including ad insertion, using SMPTE standards such as ST 2094-60 (Product related announcement).
Seeking Alpha Apr 25

InterDigital: Good Results Already Priced In

Summary InterDigital shares have surged 55%, but current valuations are stretched, with sector multiple premiums exceeding 100%. Recent results show normalized, not accelerating, growth; strong ARR and margins are already priced in, with no new growth drivers visible. Management’s cautious guidance and consensus forecasts indicate revenue and EPS declines, while fair value models suggest 4-8% downside even under optimistic assumptions. I maintain a Hold rating, preferring to buy IDCC only on 10-20%+ pullbacks, as all growth prospects are already embedded in the price. Read the full article on Seeking Alpha
Narrative Update Apr 17

IDCC: LG Licensing Deal And 2026 Outlook Will Support Durable Cash Flows

Analysts have nudged their price target on InterDigital higher to $462.67, citing updated 2026 outlooks following recent deal activity as key support for the shift. Analyst Commentary Bullish Takeaways Bullish analysts view the updated 2026 outlook, framed around the recent LG deal, as a key support for higher valuation expectations.
Narrative Update Apr 03

IDCC: LG Licensing Progress And 2026 Framework Will Support Future Upside Potential

Analysts have maintained their $425.00 price target on InterDigital while updating their assumptions around revenue growth, profit margin, and a lower future P/E. They cite recent positive commentary around the LG deal and an updated 2026 outlook as key supports for the unchanged target.
Narrative Update Mar 20

IDCC: LG And Sony Licensing Will Support Higher Margins And Cash Generation

Analysts have maintained their InterDigital fair value estimate at $488.00, making only minor tweaks to inputs after the LG deal and an updated 2026 outlook led to modestly adjusted assumptions for revenue growth, margins, and future P/E. Analyst Commentary Bullish analysts view the LG agreement and refreshed 2026 outlook as supportive of InterDigital’s existing fair value framework, rather than a reason to overhaul it.
Narrative Update Mar 05

IDCC: LG Licensing Will Support Higher Margins And Multi Year Earnings Expansion

Analysts have raised their InterDigital price target to $488.00, citing updated expectations for positive revenue growth, an improved profit margin near 48%, and a lower future P/E of around 31x following recent research updates, including commentary on the LG deal. Analyst Commentary Bullish analysts are framing the LG agreement as a key support for their updated InterDigital thesis, tying it directly to higher confidence in revenue visibility, margin durability near 48%, and the ability to justify a P/E of about 31x alongside a US$488 price target.
New Narrative Mar 04

InterDigital Inc. (IDCC): The 6G Architect – Monetizing the AI and Wireless Frontier in 2026.

InterDigital (IDCC) is currently asserting its dominance as a premier intellectual property powerhouse, trading at $370.80 as of the March 3, 2026, market close. The stock experienced a 2.12% decline today, a modest retracement following a massive rally triggered by its Q4 2025 earnings "super-beat" on February 5.
Narrative Update Feb 19

IDCC: LG Licensing And 2026 Outlook Will Support Higher Cash Flow Visibility

Analysts have lifted their price target on InterDigital to $462.67, citing updated assumptions for revenue growth, profit margin, and a lower discount rate following recent research commentary around the LG agreement and the raised 2026 outlook. Analyst Commentary Bullish Takeaways Bullish analysts view the LG agreement as a key support for the higher price target of $462.67, helping them gain more confidence in the underlying assumptions used in their models.
Analysis Article Feb 12

We Like InterDigital's (NASDAQ:IDCC) Earnings For More Than Just Statutory Profit

Shareholders appeared to be happy with InterDigital, Inc.'s ( NASDAQ:IDCC ) solid earnings report last week. This...
Narrative Update Feb 05

IDCC: LG Licensing And 2026 Outlook Will Support Higher Margin Profile

Narrative Update Analysts have lifted their price target on InterDigital from about $412 to roughly $463, citing updated assumptions that include modest revenue growth, a higher projected profit margin near 44%, and a lower future P/E, informed in part by recent research following the LG deal and a raised 2026 outlook. Analyst Commentary Analysts are updating their views on InterDigital following the LG agreement and the raised 2026 outlook, with most of the discussion centering on how the new assumptions for revenue, margins and future P/E might affect the valuation and execution risk.
Narrative Update Jan 22

IDCC: Streaming And Licensing Execution Will Drive Upside To Elevated Expectations

Narrative update on InterDigital Analysts have lifted their fair value estimate for InterDigital from US$260 to US$425, citing recent price target increases, Q3 performance commentary, and views that the company is better positioned to capture opportunities across its licensing and streaming verticals. Analyst Commentary Recent research points to a constructive view on InterDigital, with attention on how recent deals and licensing progress might feed into medium term expectations.
Narrative Update Jan 07

IDCC: Streaming Execution Risk Will Define Sustainability Of Elevated Expectations

Analysts have raised their fair value estimate for InterDigital from US$220 to US$260, citing a higher price target, a Q3 beat with Q4 annual recurring revenue guidance described as in line, and growing confidence that the company is bringing together its three verticals to pursue a large streaming opportunity. Analyst Commentary Recent research points to higher fair value assumptions for InterDigital, with a raised price target reflecting confidence in the Q3 performance, Q4 annual recurring revenue guidance described as in line, and the potential in the streaming opportunity across its three verticals.
Analysis Article Dec 25

Is InterDigital (NASDAQ:IDCC) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Dec 23

IDCC Streaming And Licensing Wins Will Drive Multi Year Earnings Expansion

Analysts have lifted their price target on InterDigital from approximately $311 to about $488, reflecting confidence that recent licensing wins, upward revisions to long term revenue and EPS forecasts, and evidence of execution across streaming and other key verticals can support a higher valuation despite slightly softer growth and margin assumptions. Analyst Commentary Bullish analysts have reiterated a constructive view on InterDigital, highlighting recent price target increases as evidence that the company is executing well against its strategic roadmap and expanding addressable markets.
Narrative Update Dec 08

IDCC: Recurring Licensing Wins Will Drive Smartphone And Streaming Upside

Analysts have nudged their price targets for InterDigital higher, with recent increases of $20 and $25 helping support an updated valuation around $412 per share. They point to stronger recurring revenue, new smartphone licensing wins, and growing confidence in the large streaming opportunity as key drivers.
Narrative Update Nov 24

IDCC: Momentum Will Accelerate With New Streaming And Smartphone Licensing Deals

Analysts have raised their price target on InterDigital from $450 to $475. This change reflects confidence after strong Q3 results and continued execution across multiple growth opportunities.
Narrative Update Nov 09

IDCC: Share Momentum Will Accelerate With Streaming and Smartphone Licensing Wins

InterDigital's analyst price target has increased significantly from $328.75 to $412.00, as analysts cite recent strong licensing wins, improved revenue guidance, and promising long-term opportunities across multiple business segments. Analyst Commentary Analysts have weighed in on InterDigital's recent performance and prospects, providing new price targets and perspectives on the company's outlook following significant business developments.
Narrative Update Oct 26

New License Deals And Raised Outlook Will Drive Next Phase Of Risk

Narrative Update on InterDigital Analysts have raised their price target for InterDigital by $20 to $340 per share, citing stronger revenue outlooks and new licensing agreements as key drivers of this upward revision. Analyst Commentary Recent commentary from equity analysts highlights both optimism and reservations about InterDigital’s outlook following its latest licensing wins and improved guidance.
Narrative Update Oct 12

6G Expansion Will Expose Overheated Valuation Risks

Analysts have raised their price target for InterDigital by $5 to $328.75, citing an improved revenue growth outlook, higher profit margin forecasts, and recent licensing agreements with major smartphone vendors. Analyst Commentary Recent research updates have highlighted both optimism and caution regarding InterDigital's prospects, following new licensing agreements and raised financial forecasts.
Narrative Update Sep 28

6G Expansion Will Expose Overheated Valuation Risks

InterDigital's consensus price target was raised from $283.67 to $323.75, driven by a major new licensing deal, increased recurring revenues, an improved revenue outlook, and expanding partnership opportunities. Analyst Commentary Signed a new multiyear license agreement with a major Chinese smartphone vendor, resulting in stronger recurring revenue streams.
Analysis Article Sep 23

InterDigital, Inc.'s (NASDAQ:IDCC) 30% Price Boost Is Out Of Tune With Earnings

InterDigital, Inc. ( NASDAQ:IDCC ) shares have continued their recent momentum with a 30% gain in the last month alone...
Analysis Article Sep 21

InterDigital (NASDAQ:IDCC) Is Paying Out A Larger Dividend Than Last Year

The board of InterDigital, Inc. ( NASDAQ:IDCC ) has announced that it will be paying its dividend of $0.70 on the 22nd...
Narrative Update Sep 13

6G Expansion Will Expose Overheated Valuation Risks

InterDigital's modestly improved revenue growth outlook and a higher projected future P/E multiple have driven a notable increase in its analyst price target from $266.50 to $283.67. What's in the News InterDigital will showcase its innovative Versatile Video Coding (VVC) with advanced film grain preservation at IBC 2025, highlighting substantial bitrate reductions and enhanced image quality for high-resolution streaming.
Analysis Article Aug 29

InterDigital (NASDAQ:IDCC) Could Become A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 08

InterDigital's (NASDAQ:IDCC) Promising Earnings May Rest On Soft Foundations

NasdaqGS:IDCC 1 Year Share Price vs Fair Value Explore InterDigital's Fair Values from the Community and select yours...
Analysis Article Jul 25

There's No Escaping InterDigital, Inc.'s (NASDAQ:IDCC) Muted Earnings

InterDigital, Inc.'s ( NASDAQ:IDCC ) price-to-earnings (or "P/E") ratio of 14.8x might make it look like a buy right...
Analysis Article Jul 10

Calculating The Fair Value Of InterDigital, Inc. (NASDAQ:IDCC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, InterDigital fair value estimate is US$251 InterDigital's...
Analysis Article Jun 13

Should You Think About Buying InterDigital, Inc. (NASDAQ:IDCC) Now?

InterDigital, Inc. ( NASDAQ:IDCC ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article May 31

Here's Why InterDigital (NASDAQ:IDCC) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha Jan 22

InterDigital Is Still A Solid Growth Pick In 2025

Summary InterDigital's strategic licensing deals and leadership in AI-driven video technologies and wireless connectivity position it for sustained growth, despite analysts' pessimism. The company's strong presence in the global smartphone market and new agreements with major OEMs like OPPO and Panasonic bolster its revenue prospects. Financially, InterDigital is robust, with rising revenue, attractive valuation, and consistent free cash flow, making it an undervalued investment opportunity. Potential risks include contract renewals and patent litigation costs, but the company's fundamentals and strategic initiatives suggest it will outperform expectations. Read the full article on Seeking Alpha

Shareholder Returns

IDCCUS SoftwareUS Market
7D-2.8%-0.7%0.5%
1Y24.7%-12.5%25.4%

Return vs Industry: IDCC exceeded the US Software industry which returned -11.5% over the past year.

Return vs Market: IDCC matched the US Market which returned 25.5% over the past year.

Price Volatility

Is IDCC's price volatile compared to industry and market?
IDCC volatility
IDCC Average Weekly Movement7.7%
Software Industry Average Movement9.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: IDCC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IDCC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972460Liren Chenwww.interdigital.com

InterDigital, Inc. operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing various products and services, including makers of wireless communications devices, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks.

InterDigital, Inc. Fundamentals Summary

How do InterDigital's earnings and revenue compare to its market cap?
IDCC fundamental statistics
Market capUS$6.97b
Earnings (TTM)US$366.37m
Revenue (TTM)US$828.92m
19.1x
P/E Ratio
8.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDCC income statement (TTM)
RevenueUS$828.92m
Cost of RevenueUS$127.18m
Gross ProfitUS$701.74m
Other ExpensesUS$335.37m
EarningsUS$366.37m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)14.18
Gross Margin84.66%
Net Profit Margin44.20%
Debt/Equity Ratio35.2%

How did IDCC perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
19%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 10:19
End of Day Share Price 2026/05/13 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

InterDigital, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett SimpsonArete Research Services LLP
Amir RozwadowskiBarclays
Scott SearleBenchmark Company