Q2 EPS Estimates for InterDigital Lowered by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC) – Zacks Research cut their Q2 2026 EPS estimates for InterDigital in a research note issued to investors on Monday, April 6th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $1.67 for the quarter, down from their prior forecast of $1.70. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share. Zacks Research also issued estimates for InterDigital’s Q3 2026 earnings at $1.91 EPS and Q3 2027 earnings at $2.19 EPS.

Several other research analysts have also commented on IDCC. Weiss Ratings lowered shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. Roth Mkm reissued a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, InterDigital presently has an average rating of “Moderate Buy” and an average target price of $416.67.

InterDigital Trading Up 0.4%

NASDAQ IDCC opened at $315.42 on Tuesday. The firm has a 50 day simple moving average of $344.63 and a 200-day simple moving average of $345.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. InterDigital has a one year low of $181.05 and a one year high of $412.60. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 26.44 and a beta of 1.66.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share 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 during the quarter, compared to analysts’ expectations of $155.57 million. During the same period last year, the business earned $5.15 earnings per share. The business’s revenue for the quarter was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, April 8th. This represents a $2.80 dividend on an annualized basis and a yield of 0.9%. InterDigital’s payout ratio is currently 23.47%.

Insider Buying and Selling

In related news, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $360.80, for a total value of $2,166,604.00. Following the completion of the transaction, the chief financial officer owned 72,404 shares in the company, valued at $26,123,363.20. The trade was a 7.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lawrence Liren Chen sold 5,958 shares of InterDigital stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $327.62, for a total transaction of $1,951,959.96. Following the completion of the transaction, the chief executive officer owned 153,077 shares of the company’s stock, valued at $50,151,086.74. This represents a 3.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,905 shares of company stock valued at $10,452,819 over the last ninety days. 2.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IDCC. Kemnay Advisory Services Inc. purchased a new position in InterDigital in the fourth quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in InterDigital in the third quarter worth approximately $30,000. Leonteq Securities AG purchased a new position in InterDigital in the fourth quarter worth approximately $35,000. Aster Capital Management DIFC Ltd lifted its stake in InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares during the last quarter. Finally, Financial Consulate Inc. purchased a new position in InterDigital in the fourth quarter worth approximately $41,000. Hedge funds and other institutional investors 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.