InterDigital (NASDAQ:IDCC) Updates Q3 2026 Earnings Guidance

InterDigital (NASDAQ:IDCC) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.940-2.130 for the period, compared to the consensus EPS estimate of 2.090. The company issued revenue guidance of $154.0 million-$158.0 million, compared to the consensus revenue estimate of $157.5 million. InterDigital also updated its FY 2026 guidance to 10.850-12.810 EPS.

InterDigital Stock Performance

Shares of IDCC stock opened at $261.14 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 24.59 and a beta of 1.42. InterDigital has a one year low of $229.51 and a one year high of $412.60. The company has a 50 day moving average price of $268.96 and a 200 day moving average price of $311.08.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data 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. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.During the same period last year, the company posted $6.52 EPS. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. Sell-side analysts anticipate that InterDigital will post 7.41 EPS for the current year.

InterDigital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is currently 26.37%.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $416.67.

Insider Activity at InterDigital

In other news, Director John D. Jr. Markley sold 400 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $300.00, for a total transaction of $120,000.00. Following the completion of the transaction, the director owned 11,735 shares in the company, valued at approximately $3,520,500. This represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Rajesh Pankaj sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $286.00, for a total transaction of $429,000.00. Following the completion of the sale, the chief technology officer owned 67,976 shares in the company, valued at $19,441,136. The trade was a 2.16% decrease in their position. 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 have sold 5,872 shares of company stock valued at $1,654,159. Company insiders own 3.50% of the company’s stock.

Institutional Investors Weigh In On InterDigital

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its position in shares of InterDigital by 62.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider’s stock valued at $707,477,000 after purchasing an additional 854,845 shares in the last quarter. Invesco Ltd. raised its holdings in shares of InterDigital by 24.8% in the 4th quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider’s stock worth $143,546,000 after purchasing an additional 89,647 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in InterDigital by 18.9% during the third quarter. Ameriprise Financial Inc. now owns 368,323 shares of the Wireless communications provider’s stock worth $127,202,000 after buying an additional 58,660 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of InterDigital by 13.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 170,352 shares of the Wireless communications provider’s stock valued at $54,237,000 after buying an additional 20,300 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of InterDigital by 130.9% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 129,618 shares of the Wireless communications provider’s stock worth $41,268,000 after acquiring an additional 73,481 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

InterDigital Company Profile

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.