Q3 EPS Estimates for InterDigital Cut by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC) – Analysts at Zacks Research reduced their Q3 2026 earnings estimates for shares of InterDigital in a research note issued to investors on Monday, March 9th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $1.93 for the quarter, down from their previous estimate of $2.05. Zacks Research has a “Hold” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share. Zacks Research also issued estimates for InterDigital’s Q1 2027 earnings at $1.79 EPS and Q3 2027 earnings at $2.18 EPS.

Several other brokerages have also recently commented on IDCC. UBS Group set a $425.00 price objective on shares of InterDigital in a research note on Monday, December 1st. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a report on Saturday. Roth Mkm restated a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Finally, Weiss Ratings cut shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Stock Up 0.5%

Shares of NASDAQ IDCC opened at $365.72 on Tuesday. InterDigital has a 52 week low of $180.60 and a 52 week high of $412.60. The business has a 50-day simple moving average of $341.94 and a two-hundred day simple moving average of $341.37. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. The company has a market cap of $9.40 billion, a P/E ratio of 30.66 and a beta of 1.57.

InterDigital (NASDAQ:IDCC) last issued its earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business had revenue of $158.23 million for the quarter, compared to analysts’ expectations of $155.57 million. During the same quarter in the previous year, the firm posted $5.15 EPS. The business’s revenue for the quarter was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS.

Hedge Funds Weigh In On InterDigital

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new position in shares of InterDigital during the fourth quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in shares of InterDigital in the 3rd quarter valued at $30,000. Aster Capital Management DIFC Ltd boosted its stake in shares of InterDigital by 186.8% in 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 in the last quarter. Leonteq Securities AG bought a new position in shares of InterDigital during the 4th quarter valued at $35,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of InterDigital during the 2nd quarter valued at $28,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Richard Brezski sold 2,000 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $352.24, for a total value of $704,480.00. Following the transaction, the chief financial officer owned 70,404 shares of the company’s stock, valued at $24,799,104.96. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joan H. Gillman sold 325 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $352.24, for a total value of $114,478.00. Following the sale, the director owned 22,036 shares in the company, valued at $7,761,960.64. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 44,054 shares of company stock valued at $14,688,067 over the last three months. Corporate insiders own 2.30% 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.