Q3 EPS Estimates for InterDigital Lowered by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of InterDigital in a research note issued on Thursday, June 4th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings of $1.80 per share for the quarter, down from their previous forecast of $1.84. The consensus estimate for InterDigital’s current full-year earnings is $7.41 per share. Zacks Research also issued estimates for InterDigital’s Q1 2027 earnings at $1.84 EPS.

Several other research firms also recently issued reports on IDCC. Weiss Ratings restated a “buy (b)” rating on shares of InterDigital in a report on Friday, May 1st. Jefferies Financial Group restated a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, InterDigital has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.

InterDigital Price Performance

IDCC stock opened at $261.07 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01. InterDigital has a 52-week low of $213.06 and a 52-week high of $412.60. The stock’s 50 day moving average is $304.96 and its two-hundred day moving average is $329.25. The company has a market capitalization of $6.75 billion, a PE ratio of 24.58 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.03. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The company had revenue of $205.42 million for the quarter, compared to the consensus estimate of $196.85 million. During the same period in the previous year, the business earned $3.45 EPS. InterDigital’s revenue for the quarter was down 2.4% compared to the same quarter last year. 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 Dividend Announcement

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

Insider Activity at InterDigital

In other news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $313.30, for a total value of $469,950.00. Following the completion of the transaction, the chief technology officer owned 72,449 shares in the company, valued at approximately $22,698,271.70. This trade represents a 2.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of InterDigital stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total value of $2,089,260.00. Following the completion of the transaction, the insider owned 25,889 shares of the company’s stock, valued at approximately $9,014,808.69. The trade was a 18.82% decrease in their position. The SEC filing for this sale provides additional information. 2.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Kemnay Advisory Services Inc. acquired a new position in shares of InterDigital in the 4th quarter worth approximately $26,000. Anchor Investment Management LLC acquired a new position in shares of InterDigital in the 1st quarter worth approximately $30,000. Leonteq Securities AG acquired a new position in shares of InterDigital in the 4th quarter worth approximately $35,000. Aster Capital Management DIFC Ltd boosted its position 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 valued at $38,000 after purchasing an additional 71 shares during the period. Finally, Financial Consulate Inc. acquired a new position in InterDigital during the 4th quarter valued at approximately $41,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

About InterDigital

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.