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NASDAQ:IDCC

InterDigital (IDCC) Stock Price, News & Analysis

$132.23
-1.79 (-1.34%)
(As of 09/6/2024 ET)
Today's Range
$131.15
$134.62
50-Day Range
$116.28
$139.46
52-Week Range
$74.65
$140.60
Volume
291,590 shs
Average Volume
473,988 shs
Market Capitalization
$3.34 billion
P/E Ratio
19.45
Dividend Yield
1.21%
Price Target
$100.00

InterDigital MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
24.4% Downside
$100.00 Price Target
Short Interest
Bearish
20.34% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of InterDigital in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$355,932 Sold Last Quarter
Proj. Earnings Growth
-54.61%
From $9.12 to $4.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.82 out of 5 stars

Computer And Technology Sector

534th out of 594 stocks

Patent Owners & Lessors Industry

5th out of 5 stocks

IDCC stock logo

About InterDigital Stock (NASDAQ:IDCC)

InterDigital, Inc. operates as a global research and development company with focus primarily 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 such products and services, including makers of wireless communications, 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, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence and machine learning solutions. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

IDCC Stock Price History

IDCC Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
InterDigital (NASDAQ:IDCC) Upgraded to Buy by StockNews.com
InterDigital (NASDAQ:IDCC) Upgraded at StockNews.com
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
IDCC Mar 2025 115.000 put
The 3 Best 6G Stocks to Buy in August 2024
IDCC Mar 2025 100.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 7/24 Dividend
7/10/2024
Dividend Payable
7/24/2024
Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:IDCC
CUSIP
45867G10
Employees
420
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$100.00
High Stock Price Target
$100.00
Low Stock Price Target
$100.00
Potential Upside/Downside
-24.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$214.07 million
Pretax Margin
44.19%

Debt

Sales & Book Value

Annual Sales
$732.66 million
Cash Flow
$11.39 per share
Book Value
$27.73 per share

Miscellaneous

Free Float
24,655,000
Market Cap
$3.34 billion
Optionable
Optionable
Beta
1.39

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IDCC Stock Analysis - Frequently Asked Questions

How have IDCC shares performed this year?

InterDigital's stock was trading at $108.54 on January 1st, 2024. Since then, IDCC shares have increased by 21.8% and is now trading at $132.23.
View the best growth stocks for 2024 here
.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) posted its quarterly earnings results on Thursday, August, 1st. The Wireless communications provider reported $4.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $3.77. The Wireless communications provider earned $223.49 million during the quarter, compared to analyst estimates of $95.63 million. InterDigital had a trailing twelve-month return on equity of 44.57% and a net margin of 37.99%.

What is William J. Merritt's approval rating as InterDigital's CEO?

43 employees have rated InterDigital Chief Executive Officer William J. Merritt on Glassdoor.com. William J. Merritt has an approval rating of 68% among the company's employees.

Does InterDigital have any subsidiaries?

InterDigital subsidiaries include these companies: Hillcrest Labs, 6GWorld Inc., Chordant Europe Ltd., Chordant France SAS, Chordant Inc., DRNC Holdings Inc., DST Holdings Inc., and more.

Who are InterDigital's major shareholders?

InterDigital's top institutional shareholders include Disciplined Growth Investors Inc. MN (4.33%), Dimensional Fund Advisors LP (3.32%), Pacer Advisors Inc. (2.95%) and Principal Financial Group Inc. (0.58%). Insiders that own company stock include Richard Brezski, Rajesh Pankaj, Eeva K Hakoranta, Jean F Rankin, Eric Cohen, Joshua D Schmidt, John D Jr Markley and Pierre-Yves Lesaicherre.
View institutional ownership trends
.

How do I buy shares of InterDigital?

Shares of IDCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of InterDigital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that InterDigital investors own include Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Verizon Communications (VZ) and PepsiCo (PEP).

This page (NASDAQ:IDCC) was last updated on 9/7/2024 by MarketBeat.com Staff

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