InterDigital FY2026 EPS Forecast Boosted by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC) – Research analysts at Zacks Research upped their FY2026 earnings estimates for InterDigital in a report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the Wireless communications provider will post earnings of $10.13 per share for the year, up from their previous forecast of $7.41. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $10.22 per share. Zacks Research also issued estimates for InterDigital’s Q1 2027 earnings at $1.93 EPS, Q2 2027 earnings at $1.91 EPS, Q3 2027 earnings at $2.29 EPS, Q4 2027 earnings at $2.34 EPS, FY2027 earnings at $8.49 EPS, Q1 2028 earnings at $2.39 EPS, Q2 2028 earnings at $2.68 EPS and FY2028 earnings at $10.83 EPS.

Separately, Weiss Ratings lowered shares of InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $416.67.

InterDigital Price Performance

IDCC stock opened at $344.32 on Thursday. The stock has a market cap of $8.89 billion, a PE ratio of 39.71 and a beta of 1.43. InterDigital has a 12 month low of $249.14 and a 12 month high of $412.60. The company has a 50-day moving average price of $297.39 and a 200 day moving average price of $312.87. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.01.

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

InterDigital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is 32.30%.

Insider Activity

In related news, Director Joan H. Gillman sold 300 shares of InterDigital stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $331.06, for a total transaction of $99,318.00. Following the completion of the sale, the director owned 22,736 shares in the company, valued at $7,526,980.16. This trade represents a 1.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Derek K. Aberle sold 522 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $144,406.08. Following the completion of the sale, the director directly owned 7,620 shares of the company’s stock, valued at approximately $2,107,996.80. This trade represents a 6.41% 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 three months, insiders sold 7,672 shares of company stock valued at $2,240,797. Insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On InterDigital

Institutional investors have recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in InterDigital during the 2nd quarter worth $2,534,000. California State Teachers Retirement System lifted its holdings in shares of InterDigital by 27,779.5% in the 2nd quarter. California State Teachers Retirement System now owns 8,412,642 shares of the Wireless communications provider’s stock worth $2,381,871,000 after buying an additional 8,382,467 shares during the period. Nykredit A S purchased a new stake in shares of InterDigital in the 2nd quarter worth $259,000. SkyOak Wealth LLC grew its position in shares of InterDigital by 35.8% during the 2nd quarter. SkyOak Wealth LLC now owns 902 shares of the Wireless communications provider’s stock worth $255,000 after buying an additional 238 shares in the last quarter. Finally, Fundsmith LLP bought a new position in shares of InterDigital during the 2nd quarter worth $17,080,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

More InterDigital News

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $10.13 from $7.41, FY2027 EPS to $8.49 from $7.82, and FY2028 EPS to $10.83 from $8.88. The firm also increased estimates for multiple quarters, including Q1 2027 to $1.93, Q3 2027 to $2.29, Q4 2027 to $2.34, Q1 2028 to $2.39 and Q2 2028 to $2.68. These revisions suggest stronger expected licensing revenue or profitability and provide a bullish catalyst for IDCC. Zacks Research estimates for InterDigital
• Positive Sentiment: Zacks’ FY2026 forecast of $10.13 EPS is broadly consistent with the current consensus estimate of $10.22, reducing the risk that the upgrade is materially out of line with broader expectations. The firm’s “Strong-Buy” rating may further reinforce bullish sentiment.
• Neutral Sentiment: Reported short interest was zero shares as of August 25, unchanged from August 10, with a zero-day days-to-cover ratio. This indicates little evidence of either meaningful bearish positioning or a potential short-squeeze catalyst.

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.