New Risk • May 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$291, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 16x in the Software industry in the US. Total returns to shareholders of 274% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$179 per share. Announcement • May 03
InterDigital, Inc. Provides Earnings Guidance for Second Quarter and Full Year 2026 InterDigital, Inc. provided earnings guidance for second quarter and full year 2026. For the quarter, the company expects revenue of $139 million to $143 million and diluted EPS of $0.80 to $0.97.
For the full year, the company expects revenue of $675 million to $775 million and diluted EPS of $5.77 to $8.51. Reported Earnings • May 01
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$2.93 (down from US$4.49 in 1Q 2025). Revenue: US$205.4m (down 2.4% from 1Q 2025). Net income: US$75.3m (down 35% from 1Q 2025). Profit margin: 37% (down from 55% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
InterDigital, Inc., Annual General Meeting, Jun 10, 2026 InterDigital, Inc., Annual General Meeting, Jun 10, 2026. Announcement • Apr 17
InterDigital, Inc. Showcases HDR Master Production for Advanced Streaming InterDigital, Inc. announced that it will showcase innovation and expertise underpinning HDR for advanced streaming at NAB 2026. High Dynamic Range technology delivers video content with improved contrast, brightness, and color range, which has accelerated its adoption in both production and distribution. InterDigital’s HDR innovation technologies enable the creation of premium HDR and standard dynamic range content in a single production workflow, allowing broadcasters and streaming providers to meet consumers’ growing demands for high-quality HDR content, especially premium live sport content enhanced with more vibrant colors, detail, and contrast. At NAB 2026, InterDigital will demonstrate “HDR Master Production for Advanced Streaming,” a conversion solution driven by the latest SMPTE metadata standards and that supports HDR content streaming with ad insertion mechanisms. InterDigital remains focused on developing technologies that deliver optimal HDR quality for all users and across the delivery workflow, including for SDR and HDR formats and inserted content like replays and advertisements. As part of NAB’s Broadcast Engineering and IT (BEIT) Conference, InterDigital’s Principal Engineer David Touze will present on “HDR Master Workflows – The Unmet Interoperability Challenge,” on Tuesday, April 21 at 9:30 – 9:50 a.m. PT in Room N256. David will explain that some productions, especially live sports, require precisely set and consistently maintained reference levels to support regular conversions between HDR and SDR formats, and InterDigital’s innovative metadata-driven method, formalized in the SMPTE Dynamic Range Conversion Characterization Metadata ST 2094-60 project, allows conversion consistency and guarantees interoperability between conversion techniques. Buy Or Sell Opportunity • Apr 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to US$375. The fair value is estimated to be US$311, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings are forecast to decline by 3.3% per annum over the same time period. Announcement • Apr 14
InterDigital, Inc. to Report Q1, 2026 Results on Apr 30, 2026 InterDigital, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Recent Insider Transactions Derivative • Apr 08
Executive VP & CTO notifies of intention to sell stock Rajesh Pankaj intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of April. If the sale is conducted around the recent share price of US$313, it would amount to US$470k. Since June 2025, Rajesh's direct individual holding has decreased from 77.58k shares to 68.15k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Declared Dividend • Mar 27
Fourth quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 8th April 2026 Payment date: 22nd April 2026 Dividend yield will be 0.9%, which is higher than the industry average of 0.7%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 34% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$299, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 15x in the Software industry in the US. Total returns to shareholders of 329% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$165 per share. Announcement • Mar 25
InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on or About April 22, 2026 InterDigital, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.70 per share on its common stock payable on or about April 22, 2026, to shareholders of record at the close of business on April 8, 2026. Announcement • Feb 23
InterDigital, Inc. to Showcase New Services and Immersive Experiences Underpinned by Wireless and Ai InterDigital, Inc. will showcase innovation in AI, wireless, and video that is advancing network and device capabilities and enabling exciting new form factors, experiences, and services. Located at Hall 5 Stand 5C51, InterDigital will showcase cutting-edge research and industry collaborations, placing a spotlight on AI and sensing as key pillars of next-gen networks and exciting immersive video experiences and capabilities underpinned by the latest wireless innovation. AI-enabled Teleoperation: InterDigital will demonstrate the potential of AI-enabled services, as a remote vehicle operator uses real-time video to navigate complex environments. The operator's job is complemented by AI agents that maintain consistent quality of video delivery, despite degraded network conditions, to safely navigate the remote vehicle. Collaborative Sensing: InterDigital and Turk Telekom will reveal the world's first implementation of collaborative sensing using preliminary 6G architecture. Collaborative sensing is the fusing of sensing data from cellular and Wi-Fi signals to support real-time, continuous results for sensing services in applications like manufacturing, healthcare, situational awareness, and more. Leading 6G Research: This display of InterDigital's future-looking research will introduce the enabling technologies that will expand network capacity, natively integrate communication and computing capabilities to support emerging high-demand use of Gen AI, and significantly improve quality of user experience for an array of services in the 5G-Advanced and 6G era. Haptic-enabled Streaming: InterDigital and Razer will showcase the latest in delivering haptic-enabled content at scale, alongside collaborative efforts to popularize and encourage adoption of haptics through innovation, education, and standardization. Interactive AR Experiences: Step into an augmented reality-enhanced interactive world enabled by InterDigital's contributions to 3GPP and MPEG's scene Description, Avatar, and Haptic standards that enhance imivity, realism, and sensory feedback to foster engagement in AR environments. InterDigital will also participate in and contribute expertise to industry events and dialogues at the show. InterDigital is a partner of the AI Telco Troubleshooting Challenge, launched by GSMA, ETSI, IEEE GenAI Net, ITU, and TM Forum. The global competition invites teams to submit AI models developed to identify practical solutions that lead to more resilient, efficient and automated networks. winners will be selected at the awards ceremony and networking event on March 3rd from 16:30 - 18:30 CET in the Hall 8Networking lounge. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$364, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 13x in the Software industry in the US. Total returns to shareholders of 408% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$168 per share. New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 06
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$15.77 (up from US$14.16 in FY 2024). Revenue: US$834.0m (down 4.0% from FY 2024). Net income: US$406.6m (up 13% from FY 2024). Profit margin: 49% (up from 41% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
InterDigital, Inc. Provides Earnings Guidance for the First Quarter of 2026 InterDigital, Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company expects revenue of $194 million to $200 million and diluted EPS of $1.61 to $1.86. Net income expected to be in the range of $57 million to $66 million. Announcement • Jan 20
InterDigital, Inc. Provides Earnings Guidance for the Full Year 2026 InterDigital, Inc. provided earnings guidance for the full year 2026. For the year, the company expects revenue of $675 to $775 million and diluted EPS of $5.77 to $8.51. Announcement • Jan 13
InterDigital, Inc. to Report Q4, 2025 Results on Feb 05, 2026 InterDigital, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 05, 2026 Upcoming Dividend • Jan 07
Upcoming dividend of US$0.70 per share Eligible shareholders must have bought the stock before 14 January 2026. Payment date: 28 January 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (0.8%). Recent Insider Transactions Derivative • Dec 31
President notifies of intention to sell stock Lawrence Chen intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of December. If the sale is conducted around the recent share price of US$330, it would amount to US$980k. For the year to December 2021, Lawrence's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Lawrence's direct individual holding has increased from 142.77k shares to 182.84k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Dec 08
Third quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 14th January 2026 Payment date: 28th January 2026 Dividend yield will be 0.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 64% over the next 2 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range. Announcement • Dec 05
InterDigital, Inc. Declares Regular Quarterly Cash Dividend, Payable on or About January 28, 2026 InterDigital, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.70 per share on its common stock, payable on or about January 28, 2026 to shareholders of record at the close of business on January 14, 2026. Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$2.62 (up from US$1.36 in 3Q 2024). Revenue: US$164.7m (up 28% from 3Q 2024). Net income: US$67.5m (up 97% from 3Q 2024). Profit margin: 41% (up from 27% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is expected to decline by 12% p.a. on average during the next 3 years, while revenues in the Software industry in the US are expected to grow by 15%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 14
InterDigital, Inc. to Report Q3, 2025 Results on Oct 30, 2025 InterDigital, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025 Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Samir Armaly was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 23
Interdigital, Inc. Raises Earnings Guidance for the Third Quarter 2025 InterDigital, Inc. raised earnings guidance for the third quarter 2025. For the period, the company expects Revenue to be in range of $155 Million - $159 Million compared to $136 million - $140 million previous guidance. Diluted EPS to be in range of $1.39 - $1.56 compared to $0.94 - $1.11 previous guidance. Declared Dividend • Sep 21
Second quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 8th October 2025 Payment date: 22nd October 2025 Dividend yield will be 0.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 82% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range. Price Target Changed • Sep 17
Price target increased by 13% to US$300 Up from US$267, the current price target is an average from 4 analysts. New target price is 8.2% below last closing price of US$327. Stock is up 142% over the past year. The company is forecast to post earnings per share of US$11.72 for next year compared to US$14.16 last year. Announcement • Sep 03
InterDigital , Inc. to Showcase Codec Innovation Underpinning Authentic, High-Quality Video Streaming InterDigital, Inc. will showcase video innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 12 - 15, 2025. InterDigital will demonstrate at IBC alongside MC-IF partners at the Ultra HD Forum booth, spotlighting the benefits of Versatile Video Coding (VVC, also known as H.266) enhanced with Film Grain preservation, to deliver premium, cinema-grade streaming experiences. Film grain is a powerful cinematic tool that conveys texture and authenticity in storytelling. However, preserving film grain detail during compression and streaming poses a significant challenge. At IBC 2025, InterDigital will showcase an innovative framework that combines Film Grain Analysis and Synthesis with the next-generation compression performance of VVC to optimize streaming quality without sacrificing artistic intent. VVC, finalized in 2020, represents the next milestone in video delivery. Offering up to 50% bitrate reduction compared to HEVC while maintaining equivalent perception quality, VVC is particularly well-suited to data-intensive, high-resolution formats such as 4K, 8K, 360 degree, and 3D content. With advanced tools like sub- picturesures for independent decoding, reference picture resampling (RPR) for flexible resolution adaptation, and layered coding tailored for foveated rendering in VR/AR, VVC is uniquely positioned to support the demands of the streaming and immersive era. By pairing VVC's powerful efficiency with advanced film grain preservation, InterDigital enables content creators and distributors to deliver cinema-quality authenticity alongside the practical benefits of seamless, bandwidth-efficient streaming. At the Ultra HD Forum booth in Hall 14 -- 14.C11, InterDigital will demonstrate how its codec innovations maintain image integrity throughout the end-to-end delivery process, giving content owners greater control over video quality. Together with colleagues and contributors from the Media Coding Industry Forum (MC-IF), InterDigital will highlight how the industry is embracing VVC as the foundation for next-generation video delivery at scale. Major Estimate Revision • Aug 07
Consensus revenue estimates increase by 16% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$708.0m to US$823.9m. EPS estimate increased from US$8.86 to US$11.72 per share. Net income forecast to shrink 33% next year vs 26% growth forecast for Software industry in the US . Consensus price target up from US$234 to US$267. Share price rose 3.0% to US$266 over the past week. Reported Earnings • Aug 01
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$6.97 (up from US$4.35 in 2Q 2024). Revenue: US$300.6m (up 35% from 2Q 2024). Net income: US$180.6m (up 65% from 2Q 2024). Profit margin: 60% (up from 49% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 56%. Earnings per share (EPS) also surpassed analyst estimates by 95%. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Software industry in the US are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 15
InterDigital, Inc. to Report Q2, 2025 Results on Jul 31, 2025 InterDigital, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Upcoming Dividend • Jul 02
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 09 July 2025. Payment date: 23 July 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (0.7%). Announcement • Jun 30
InterDigital, Inc.(NasdaqGS:IDCC) dropped from Russell 2000 Dynamic Index InterDigital, Inc.(NasdaqGS:IDCC) dropped from Russell 2000 Dynamic Index Declared Dividend • Jun 18
First quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 9th July 2025 Payment date: 23rd July 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.7%. Sustainability & Growth Dividend is covered by both earnings (12% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 72% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range. Announcement • Jun 13
Added Docs- Declares Regular Quarterly Cash Dividend, Payable on July 23, 2025 InterDigital, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.60 per share on its common stock payable on July 23, 2025, to shareholders of record at the close of business on July 9, 2025. Reported Earnings • May 02
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$4.49 (up from US$3.20 in 1Q 2024). Revenue: US$210.5m (down 20% from 1Q 2024). Net income: US$115.6m (up 42% from 1Q 2024). Profit margin: 55% (up from 31% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is expected to decline by 7.6% p.a. on average during the next 3 years, while revenues in the Software industry in the US are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 52% per year. Announcement • May 01
InterDigital, Inc. Provides Earnings Guidance for the Second Quarter of 2025 and Reaffirms Earnings Guidance for the Full Year of 2025 InterDigital, Inc. provided earnings guidance for the second quarter of 2025 and reaffirmed earnings guidance for the full year of 2025. For the quarter, the company expects revenue to be in the range of $165 million to $170 million. Diluted EPS to be in the range of $1.90 to $2.11.
For the year, the company expects revenue to be in the range of $660 million to $760 million. Diluted EPS to be in the range of $6.79 to $9.67. Announcement • Apr 28
InterDigital, Inc., Annual General Meeting, Jun 11, 2025 InterDigital, Inc., Annual General Meeting, Jun 11, 2025. Announcement • Apr 15
InterDigital, Inc. to Report Q1, 2025 Results on May 01, 2025 InterDigital, Inc. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 Announcement • Apr 07
InterDigital, Inc. Announces Step Down of Eeva Hakoranta as Chief Licensing Officer, Effective April 4, 2025 InterDigital, Inc. announced changes to its leadership team. Eeva Hakoranta will step down from her role as chief licensing officer, effective April 4, 2025, and will remain with the company for the next three months as a Senior Advisor, to facilitate the transition of her responsibilities. Julia Mattis, a 15-year veteran of InterDigital and currently the VP of Licensing and Head of the Smartphone Licensing Program, will immediately assume an interim role leading the Licensing team as the search commences for the permanent Chief Licensing Officer. Upcoming Dividend • Apr 02
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 09 April 2025. Payment date: 23 April 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (0.9%). Announcement • Apr 01
InterDigital to Demonstrate “HDR Without Limits” Alongside Partners At NAB 2025 InterDigital, Inc. announced that it will be showcasing high-dynamic range (HDR) video streaming technologies at NAB 2025, taking place in Las Vegas from April 5 – 9, 2025. As a critical enabler of advanced video technologies, InterDigital will showcase innovation driving “HDR Without Limits” alongside partners at the ATSC NextGen TV, Ultra HD Forum, and Advanced HDR by Technicolor booths. HDR technology delivers video content with improved contrast, brightness, and color range, which has accelerated its adoption in both production and distribution. InterDigital’s HDR innovation technologies enable the creation of premium HDR and standard dynamic range (SDR) content in a single production workflow, allowing broadcasters and streaming providers to meet consumers’ growing demands for high-quality HDR content. InterDigital and Philips collaborate under the Advanced HDR by Technicolor brand to develop production, distribution, and display solutions that deliver premium live sport viewing experiences with more vibrant colors, detail, and contrast for broadcast and streaming distribution workflows. As part of the Advanced HDR by Technicolor demonstrations at NAB, InterDigital will display a solution for single-master, dynamic, and tunable HDR workflows that allow creative control for the best viewer experience and highlight how broadcasters and content creators can and have embraced these dynamic workflows for premium HDR content, while ensuring interoperability across production and distribution systems. At NAB, visitors can experience “HDR Without Limits” at several partner booths, including: ATSC’s NextGen TV – At West Hall Booth #W3056, experience how Advanced HDR by Technicolor is driving the next wave of live sports and entertainment content through ATSC3.0/NextGen TV networks. Ultra HD Forum – At West Hall Booth #W4051, experience the dynamic content conversion capabilities of “HDR Without Limits” through the “Enhancing Available Content with UltraHD Technologies” demonstration. Advanced HDR by Technicolor (Invitation Only) – At West Hall private meeting room #W2675, schedule in-depth discussions, exclusive demos, and strategic planning sessions. Recent Insider Transactions Derivative • Mar 18
Independent Director notifies of intention to sell stock Jean Rankin intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of March. If the sale is conducted around the recent share price of US$223, it would amount to US$597k. Since March 2024, Jean's direct individual holding has increased from 27.48k shares to 28.91k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Mar 06
President exercised options and sold US$5.4m worth of stock On the 4th of March, Lawrence Chen exercised 40k options at a strike price of around US$73.15 and sold these shares for an average price of US$208 per share. This trade did not impact their existing holding. For the year to December 2021, Lawrence's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Lawrence's direct individual holding has increased from 113.83k shares to 158.78k. This was the only transaction from an insider over the last 12 months. Announcement • Mar 06
InterDigital, Inc. Revises Earnings Guidance for the First Quarter of 2025 InterDigital, Inc. revised earnings guidance for the first quarter of 2025. For the period, the company now expects revenue to be in the range of $202 million to $206 million compared to previous guidance to be in the range of $112 million to $116 million. Diluted EPS (per share) to be in the range of $2.78 to $2.99 compared to previous guidance to be in the range of $0.58 to $0.79. Major Estimate Revision • Feb 13
Consensus revenue estimates increase by 22% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$548.7m to US$671.8m. EPS estimate increased from US$4.89 to US$7.42 per share. Net income forecast to shrink 34% next year vs 21% growth forecast for Software industry in the US . Consensus price target up from US$177 to US$195. Share price rose 15% to US$210 over the past week. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$210, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 7x in the Software industry in the US. Total returns to shareholders of 223% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$130 per share. Declared Dividend • Feb 09
Fourth quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 9th April 2025 Payment date: 23rd April 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 70% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range. Price Target Changed • Feb 07
Price target increased by 11% to US$195 Up from US$177, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$204. Stock is up 97% over the past year. The company is forecast to post earnings per share of US$7.42 for next year compared to US$14.16 last year. Reported Earnings • Feb 06
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$14.16 (up from US$7.97 in FY 2023). Revenue: US$868.5m (up 58% from FY 2023). Net income: US$358.6m (up 68% from FY 2023). Profit margin: 41% (up from 39% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Software industry in the US are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Announcement • Feb 06
InterDigital, Inc. Approves Quarterly Cash Dividend, Payable on April 23, 2025 InterDigital, Inc. announced that its board of directors has approved an increase in the company’s quarterly cash dividend from $0.45 to $0.60 per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in second quarter 2025. The board of directors also declared a regular quarterly cash dividend of $0.60 per share on its common stock, payable on April 23, 2025, to shareholders of record at the close of business on April 9, 2025. Announcement • Jan 23
InterDigital, Inc. to Report Q4, 2024 Results on Feb 06, 2025 InterDigital, Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 06, 2025