Analysts Offer Predictions for InterDigital Q3 Earnings

InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of InterDigital in a research note issued to investors on Thursday, October 22nd. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $1.62 for the quarter, down from their prior estimate of $1.65. Zacks Research has a “Hold” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.39 per share. Zacks Research also issued estimates for InterDigital’s Q4 2026 earnings at $1.54 EPS, FY2026 earnings at $9.38 EPS, Q1 2027 earnings at $2.02 EPS, Q2 2027 earnings at $1.98 EPS, Q3 2027 earnings at $2.18 EPS, Q4 2027 earnings at $2.36 EPS, FY2027 earnings at $8.55 EPS, Q1 2028 earnings at $2.37 EPS, Q2 2028 earnings at $2.62 EPS, Q3 2028 earnings at $2.88 EPS and FY2028 earnings at $10.66 EPS.

Separately, Weiss Ratings raised shares of InterDigital from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, InterDigital presently has an average rating of “Moderate Buy” and a consensus price target of $450.00.

Read Our Latest Stock Analysis on InterDigital

InterDigital Stock Performance

NASDAQ:IDCC opened at $324.26 on Monday. The firm has a 50 day simple moving average of $333.22 and a 200-day simple moving average of $317.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a market cap of $8.37 billion, a PE ratio of 37.40 and a beta of 1.43. InterDigital has a 1-year low of $249.14 and a 1-year high of $412.60.

InterDigital (NASDAQ:IDCC – Get Free Report) last released its earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $3.72. The company had revenue of $260.17 million for the quarter, compared to analyst estimates of $143.10 million. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $6.52 EPS. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS.

Institutional Investors Weigh In On InterDigital

Several large investors have recently made changes to their positions in the business. Keybank National Association OH raised its stake in shares of InterDigital by 4.5% in the 1st quarter. Keybank National Association OH now owns 704 shares of the Wireless communications provider’s stock valued at $213,000 after acquiring an additional 30 shares during the period. GAMMA Investing LLC increased its holdings in InterDigital by 1.9% in the 3rd quarter. GAMMA Investing LLC now owns 2,081 shares of the Wireless communications provider’s stock valued at $679,000 after purchasing an additional 38 shares in the last quarter. IFP Advisors Inc increased its holdings in InterDigital by 3.7% in the 2nd quarter. IFP Advisors Inc now owns 1,292 shares of the Wireless communications provider’s stock valued at $366,000 after purchasing an additional 46 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in InterDigital by 4.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 1,243 shares of the Wireless communications provider’s stock valued at $405,000 after purchasing an additional 51 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in InterDigital by 1.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,436 shares of the Wireless communications provider’s stock valued at $1,944,000 after purchasing an additional 62 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

Insiders Place Their Bets

In other InterDigital news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $324.88, for a total value of $487,320.00. Following the transaction, the chief technology officer owned 66,516 shares in the company, valued at $21,609,718.08. This trade represents a 2.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joan Gillman sold 300 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $331.06, for a total transaction of $99,318.00. Following the sale, the director directly owned 22,736 shares of the company’s stock, valued at $7,526,980.16. This represents a 1.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 4,800 shares of company stock worth $1,595,118. 3.50% of the stock is owned by company insiders.

InterDigital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.75 per share. This is an increase from InterDigital’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, October 14th. InterDigital’s payout ratio is 34.60%.

InterDigital Company Profile

(Get Free Report)

InterDigital, Inc is a technology research and development company that creates advanced wireless, video and related connectivity technologies. Its work supports communications across cellular networks, including 4G and 5G, as well as Wi-Fi, the Internet of Things and other connected devices.

The company’s primary business is developing intellectual property and licensing its patented technologies to manufacturers and other industry participants. Its portfolio includes innovations related to wireless communications, radio access networks, signal processing, video compression and delivery, and connected-device functionality.

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Earnings History and Estimates for InterDigital (NASDAQ:IDCC)

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