Analysts Offer Predictions for InterDigital Q3 Earnings

InterDigital, Inc. (NASDAQ:IDCC) – Stock analysts at Zacks Research dropped their Q3 2026 EPS estimates for InterDigital in a note issued to investors on Friday, October 9th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $1.65 for the quarter, down from their previous estimate of $1.68. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.52 per share. Zacks Research also issued estimates for InterDigital’s Q4 2026 earnings at $1.59 EPS, FY2026 earnings at $9.45 EPS, Q1 2027 earnings at $2.04 EPS, Q2 2027 earnings at $2.01 EPS, Q3 2027 earnings at $2.21 EPS, Q4 2027 earnings at $2.39 EPS, FY2027 earnings at $8.65 EPS, Q1 2028 earnings at $2.40 EPS, Q2 2028 earnings at $2.65 EPS, Q3 2028 earnings at $2.91 EPS and FY2028 earnings at $10.78 EPS.

Separately, Weiss Ratings upgraded InterDigital from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat.com, InterDigital presently has an average rating of “Buy” and a consensus price target of $450.00.

InterDigital Price Performance

NASDAQ:IDCC opened at $328.14 on Tuesday. InterDigital has a 52 week low of $249.14 and a 52 week high of $412.60. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $8.47 billion, a PE ratio of 37.85 and a beta of 1.43. The stock’s 50-day moving average price is $335.55 and its 200-day moving average price is $306.68.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $3.72. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The business had revenue of $260.17 million during the quarter, compared to the consensus estimate of $143.10 million. During the same quarter in the prior year, the firm posted $6.52 earnings per share. The company’s revenue was down 13.4% compared to the same quarter last year. 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IDCC. GAMMA Investing LLC boosted 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 worth $679,000 after buying an additional 38 shares during the last quarter. Congress Asset Management Co. raised its holdings in shares of InterDigital by 8.7% during the third quarter. Congress Asset Management Co. now owns 458,053 shares of the Wireless communications provider’s stock valued at $149,357,000 after acquiring an additional 36,620 shares during the last quarter. Polaris Financial Partners acquired a new position in shares of InterDigital during the third quarter valued at approximately $33,000. Tidal Investments LLC lifted its position in shares of InterDigital by 19.0% in the second quarter. Tidal Investments LLC now owns 78,161 shares of the Wireless communications provider’s stock valued at $22,130,000 after acquiring an additional 12,501 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of InterDigital by 5.0% in the second quarter. Integrated Wealth Concepts LLC now owns 1,447 shares of the Wireless communications provider’s stock valued at $410,000 after acquiring an additional 69 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other 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 value of $99,318.00. Following 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 ownership of the stock. 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, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $334.32, for a total transaction of $501,480.00. Following the completion of the sale, the chief technology officer owned 63,516 shares in the company, valued at approximately $21,234,669.12. This trade represents a 2.31% 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. Insiders sold a total of 4,800 shares of company stock worth $1,595,118 in the last three months. 3.50% of the stock is owned by corporate insiders.

InterDigital Increases Dividend

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

Key Headlines Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks increased its EPS forecasts for FY2027 to $8.65 from $8.49 and FY2028 to $10.78 from $10.65. Estimates were also raised for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028 and Q3 2028, suggesting analysts expect improving earnings power over the longer term.
• Positive Sentiment: InterDigital and Parks Associates reported that High Dynamic Range (HDR) is becoming a standard feature across streaming, television, mobile, gaming and live events. The trend supports InterDigital’s positioning in video processing, compression and AI-enabled technologies, although the report does not provide a specific revenue or earnings forecast. New Research Reveals HDR is Foundational to Premium Video
• Neutral Sentiment: The analyst revisions were mixed overall. Zacks lowered its FY2026 EPS estimate to $9.45 from $9.64 and reduced Q3 2026 EPS to $1.65 from $1.68 and Q4 2026 EPS to $1.59 from $1.73. However, the firm’s FY2028 forecast of $10.78 remains above the current-year consensus estimate of $9.52.
• Negative Sentiment: Reported insider-trading data shows 15 sales and no purchases by InterDigital insiders during the past six months. While insider sales may reflect scheduled transactions or personal financial planning, the absence of insider buying can temper investor sentiment.

InterDigital Company Profile

InterDigital, Inc is a research and development company that designs and develops advanced wireless, video and related technologies. Its work supports cellular communications, including 2G, 3G, 4G and 5G networks, as well as Wi-Fi, video coding, artificial intelligence and other connected-device applications. The company’s technologies are incorporated into mobile phones, network equipment, consumer electronics and other wireless products.

InterDigital primarily commercializes its innovations through a patent-licensing business.