IDCC - InterDigital Inc Stock Price, Fair Value and News

105.46USD+0.16 (+0.15%)Delayed as of 07 May 2024, 10:51 am ET

Market Summary

USD105.46+0.16

Delayedas of 07 May 2024, 10:51 am

0.15%

IDCC Alerts

Big jump in Revenue (Y/Y)

IDCC Stock Price

View Fullscreen

IDCC RSI Chart

IDCC Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

13.95

Price/Sales (Trailing)

4.35

EV/EBITDA

6.63

Price/Free Cashflow

9.2

IDCC Price/Sales (Trailing)

IDCC Profitability

EBT Margin

35.25%

Return on Equity

30.51%

Return on Assets

10.54%

Free Cashflow Yield

10.87%

IDCC Fundamentals

IDCC Revenue

Revenue (TTM)

610.8M

Rev. Growth (Yr)

30.23%

Rev. Growth (Qtr)

149.76%

IDCC Earnings

Earnings (TTM)

190.5M

Earnings Growth (Yr)

-22.43%

Earnings Growth (Qtr)

108.9%

Breaking Down IDCC Revenue

52 Week Range

79.20105.50

(Low)(High)

Last 7 days

4.3%

Last 30 days

9.8%

Last 90 days

2.2%

Trailing 12 Months

30.5%

How does IDCC drawdown profile look like?

IDCC Financial Health

Current Ratio

1.34

Debt/Equity

0.04

Debt/Cashflow

10.43

IDCC Investor Care

Dividend Yield

1.47%

Dividend/Share (TTM)

1.55

Buy Backs (1Y)

5.63%

Diluted EPS (TTM)

6.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	610.8M	0	0	0
2023	558.8M	535.8M	561.1M	549.6M
2022	444.4M	481.3M	452.6M	457.8M
2021	365.1M	348.4M	404.4M	425.4M
2020	326.5M	355.4M	370.4M	359.0M
2019	288.6M	294.6M	292.1M	318.9M
2018	525.9M	459.6M	437.4M	307.4M
2017	652.6M	712.5M	601.5M	532.9M
2016	438.8M	396.2M	504.1M	665.9M
2015	468.4M	392.7M	415.5M	441.4M
2014	335.8M	462.4M	429.4M	415.8M
2013	641.1M	636.9M	313.6M	325.4M
2012	292.6M	294.6M	652.1M	663.1M
2011	356.8M	335.5M	320.1M	301.7M
2010	343.0M	359.3M	375.7M	394.5M
2009	0	251.4M	274.4M	297.4M
2008	0	0	0	228.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of InterDigital Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 24, 2024	hakoranta eeva k.	acquired	-	-	83.9176	chief licensing officer
Apr 24, 2024	chen lawrence liren	acquired	-	-	195	president and ceo
Apr 24, 2024	gillman joan h	acquired	-	-	67.6188	-
Apr 24, 2024	markley john d. jr.	acquired	-	-	17.8466	-
Apr 24, 2024	schmidt joshua d.	acquired	-	-	62.0947	clo & corp secretary
Apr 24, 2024	armaly samir	acquired	-	-	15.8221	-
Apr 24, 2024	rankin jean f	acquired	-	-	8.7892	-
Apr 24, 2024	lesaicherre pierre-yves	acquired	-	-	8.7892	-
Apr 24, 2024	aberle derek k	acquired	-	-	8.7892	-
Apr 24, 2024	pankaj rajesh	acquired	-	-	228	chief technology officer

Which funds bought or sold IDCC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 03, 2024	HUNTINGTON NATIONAL BANK	unchanged	-	-50.00	2,555	-%
May 03, 2024	Evolution Advisers, Inc.	unchanged	-	-	43,000	0.03%
May 03, 2024	Avion Wealth	unchanged	-	1,000	2,000	-%
May 03, 2024	Essex LLC	reduced	-11.13	-40,488	275,313	0.06%
May 03, 2024	Larson Financial Group LLC	reduced	-26.95	-53,224	134,433	0.01%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	added	1.07	-23,465	2,678,750	-%
May 03, 2024	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	reduced	-8.2	-81,603	737,874	0.01%
May 03, 2024	SMITHBRIDGE ASSET MANAGEMENT INC/DE	unchanged	-	-18,090	904,910	0.19%
May 03, 2024	SIGNATUREFD, LLC	unchanged	-	-2,264	115,828	-%
May 03, 2024	Ovata Capital Management Ltd	new	-	9,363,120	9,363,120	4.87%

Are Funds Buying or Selling IDCC?

Are funds buying IDCC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IDCC

No. of Funds

IDCC Alerts

Big jump in Revenue (Y/Y)

Unveiling InterDigital Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.52%	3,217,502	SC 13G/A
Jan 22, 2024	blackrock inc.	17.1%	4,390,364	SC 13G/A
Feb 09, 2023	vanguard group inc	11.71%	3,474,662	SC 13G/A
Feb 01, 2023	blackrock inc.	17.3%	5,117,381	SC 13G/A
Jan 27, 2022	blackrock inc.	16.4%	5,028,343	SC 13G/A
Jan 26, 2022	blackrock inc.	16.4%	5,028,343	SC 13G/A
May 10, 2021	vanguard group inc	10.76%	3,315,089	SC 13G/A
Feb 10, 2021	vanguard group inc	9.30%	2,864,498	SC 13G/A
Feb 05, 2021	blackrock inc.	11.9%	3,677,761	SC 13G/A
Apr 09, 2020	vanguard group inc	10.07%	3,095,147	SC 13G/A

Recent SEC filings of InterDigital Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	144	Notice of Insider Sale Intent
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	S-8	Employee Benefits Plan
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading

Peers (Alternatives to InterDigital Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TMUS	190.3B	78.5B	0.78%	13.10%	21.74	2.42	-0.71%	129.26%
VZ	165.8B	134.0B	-6.62%	3.97%	14.66	1.24	-1.58%	-47.62%
T	121.8B	122.3B	-2.47%	-0.82%	11.63	1	0.95%	215.07%
CHTR	39.2B	54.6B	1.49%	-22.63%	8.28	0.72	0.29%	-3.30%
MID-CAP
CCOI	3.0B	940.9M	0.51%	-4.87%	2.37	3.21	56.92%	24646.23%
IDCC	2.7B	610.8M	9.84%	30.48%	13.95	4.35	9.29%	5.25%
GSAT	2.3B	223.8M	-4.48%	28.19%	-95.02	10.49	50.71%	90.38%
CABO	2.3B	1.7B	2.66%	-42.28%	8.79	1.36	-2.39%	114.34%
SMALL-CAP
ATUS	896.9M	9.2B	-20.08%	-34.34%	146.08	0.1	-3.42%	-74.28%
ATEX	583.9M	3.5M	-4.69%	1.61%	36.9	165	115.01%	136.91%
CNSL	504.6M	1.1B	0.93%	14.47%	-1.71	0.45	-6.81%	-394.48%
ATNI	342.0M	762.2M	-21.94%	-39.87%	-18.24	0.45	5.03%	-147.29%
CXDO	124.8M	53.2M	-10.21%	187.88%	-344.89	2.35	41.66%	98.98%
DISH	-	15.3B	-	-100.00%	-	-	-8.30%	-147.55%

InterDigital Inc News

Latest updates

InterDigital Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	149.8%	264	106	140	102	202	117	115	125	101	112	143	88.00	82.00	91.00	87.00	104	76.00	102	73.00	76.00	69.00
Costs and Expenses	99.3%	160	80.00	86.00	78.00	83.00	78.00	83.00	75.00	71.00	86.00	107	91.00	70.00	88.00	72.00	73.00	72.00	77.00	69.00	67.00	69.00
S&GA Expenses	-100.0%	-	15.00	15.00	12.00	12.00	13.00	14.00	10.00	11.00	14.00	21.00	15.00	11.00	14.00	11.00	12.00	13.00	11.00	13.00	12.00	14.00
R&D Expenses	-	-	-	-	-	-	-	22.00	17.00	18.00	22.00	23.00	22.00	23.00	23.00	21.00	22.00	19.00	19.00	21.00	17.00	18.00
EBITDA Margin	-15.5%	0.55*	0.65*	0.65*	0.62*	0.59*	0.49*	0.46*	0.44*	0.40*	0.38*	0.33*	0.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	50.8%	12.00	8.00	13.00	12.00	12.00	10.00	8.00	6.00	6.00	6.00	6.00	7.00	7.00	10.00	10.00	10.00	11.00	11.00	11.00	10.00	9.00
Income Taxes	415.2%	19.00	-6.16	9.00	4.00	17.00	8.00	3.00	8.00	6.00	9.00	4.00	0.00	2.00	-0.77	-12.84	5.00	2.00	8.00	-0.18	5.00	-1.80
Earnings Before Taxes	206.9%	101	33.00	56.00	26.00	120	40.00	25.00	29.00	24.00	29.00	29.00	-6.78	6.00	-3.66	9.00	26.00	0.00	20.00	1.00	11.00	-6.01
EBT Margin	-17.4%	0.35*	0.43*	0.43*	0.39*	0.38*	0.26*	0.24*	0.23*	0.17*	0.14*	0.06*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	108.9%	82.00	39.00	48.00	22.00	105	32.00	22.00	21.00	18.00	22.00	26.00	2.00	6.00	-1.35	24.00	22.00	0.00	14.00	2.00	8.00	-2.80
Net Income Margin	-19.9%	0.31*	0.39*	0.37*	0.34*	0.32*	0.20*	0.18*	0.18*	0.15*	0.13*	0.08*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	303.9%	50.00	-24.69	310	-46.83	-29.06	354	-18.84	-34.19	-18.31	71.00	95.00	-27.81	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	1,807	1,771	1,826	1,760	1,749	1,900	1,928	1,617	1,596	1,628	1,701	1,497	1,562	1,616	1,640	1,539	1,465	1,612	1,628	1,545	1,480
Current Assets	4.1%	1,215	1,168	1,258	1,192	1,196	1,345	1,352	1,036	1,001	1,050	1,123	923	985	1,003	1,032	921	876	1,016	1,023	941	876
Cash Equivalents	5.5%	461	437	518	278	431	693	540	834	783	713	468	410	396	478	747	670	516	757	736	532	503
Net PPE	-4.2%	11.00	12.00	11.00	12.00	11.00	11.00	10.00	11.00	12.00	13.00	14.00	15.00	16.00	17.00	16.00	12.00	10.00	10.00	10.00	11.00	11.00
Liabilities	-0.5%	1,183	1,189	1,239	1,160	1,123	1,170	1,226	932	835	875	965	781	829	820	838	748	689	826	825	745	654
Current Liabilities	2.6%	904	881	445	447	254	271	290	233	309	372	418	234	253	296	317	204	186	306	334	243	448
Long Term Debt	-3.4%	28.00	29.00	485	484	608	607	606	604	424	423	421	421	419	368	364	359	355	351	346	342	19.00
LT Debt, Current	0.1%	579	579	126	126	-	-	-	-	-	-	-	-	-	-	-	-	-	94.00	93.00	92.00	303
LT Debt, Non Current	-100.0%	-	29.00	485	484	608	607	606	604	424	423	421	421	419	368	364	359	355	351	346	342	19.00
Shareholder's Equity	7.3%	624	582	583	600	625	725	702	685	761	753	746	727	743	797	803	791	776	786	803	800	826
Retained Earnings	4.9%	1,533	1,462	1,434	1,396	1,384	1,492	1,470	1,459	1,448	1,441	1,364	1,349	1,358	1,414	1,426	1,413	1,402	1,413	1,410	1,419	1,422
Additional Paid-In Capital	0.1%	744	743	735	727	719	717	710	704	715	714	762	745	739	738	736	735	730	727	726	724	684
Shares Outstanding	-0.6%	25.00	26.00	26.00	27.00	27.00	30.00	30.00	30.00	31.00	31.00	31.00	31.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	4.00	5.00	6.00	6.00	6.00	6.00	7.00	8.00	11.00	12.00	20.00	23.00	19.00	21.00	23.00	25.00	21.00	-	-
Float	-	-	-	-	2,515	-	-	-	1,790	-	-	-	2,243	-	-	-	1,730	-	-	-	1,989	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	315.3%	50,773	-23,585	310,610	-45,440	-27,852	356,508	-18,729	-33,768	-17,972	71,229	96,264	-27,259	-9,842	19,255	101,342	69,755	-26,885	17,457	125,499	-22,742	-30,781
Share Based Compensation	5.7%	9,386	8,876	10,335	8,740	7,790	6,918	5,846	3,977	5,386	7,726	15,082	3,775	2,153	2,543	1,268	4,628	2,003	1,586	1,805	2,116	2,096
Cashflow From Investing	254.3%	16,775	-10,872	-6,753	-53,082	-14,463	-191,507	-265,914	35,113	107,602	192,188	-17,032	51,509	-47,026	-288,070	-15,742	88,302	-94,536	24,062	89,681	-18,524	173,037
Cashflow From Financing	-2.1%	-49,319	-48,294	-69,017	-53,316	-218,136	-10,825	-11,564	54,034	-13,041	-20,180	-21,211	-13,209	-19,870	-5,565	-10,836	-10,503	-105,952	-30,616	-12,148	67,817	-114,377
Dividend Payments	-100.0%	-	10,348	9,273	9,449	10,384	10,382	10,380	10,803	10,741	10,739	10,794	10,739	10,786	10,782	10,781	10,762	10,747	10,897	10,894	11,160	11,629
Buy Backs	-21.9%	28,868	36,976	56,858	42,489	203,381	-	-	74,445	-	7,000	11,859	5,391	5,750	-	-	-	349	25,000	-	62,283	108,986

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

IDCC Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Revenues	$ 263,542	$ 202,373
Operating expenses:
Research and portfolio development	49,375	49,429
Licensing	96,589	21,368
General and administrative	13,840	12,315
Total operating expenses	159,804	83,112
Income from operations	103,738	119,261
Interest expense	(11,922)	(12,087)
Other income, net	9,247	13,191
Income before income taxes	101,063	120,365
Income tax provision	(19,411)	(16,845)
Net income	81,652	103,520
Net loss attributable to noncontrolling interest	0	(1,739)
Net income attributable to InterDigital, Inc.	$ 81,652	$ 105,259
Net income per common share — Basic (in USD per share)	$ 3.20	$ 3.66
Weighted average number of common shares outstanding — Basic (in shares)	25,510	28,780
Net income per common share — Diluted (in USD per share)	$ 2.88	$ 3.58
Weighted average number of common shares outstanding — Diluted (in shares)	28,341	29,372
Cash dividends declared per common share (in USD per share)	$ 0.40	$ 0.35

IDCC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 440,242	$ 437,076
Short-term investments	544,393	569,280
Accounts receivable	145,629	117,292
Prepaid and other current assets	85,172	43,976
Total current assets	1,215,436	1,167,624
Property and equipment, net	11,084	11,566
Patents, net	307,132	313,001
Deferred tax assets	117,309	128,967
Other non-current assets, net	156,060	149,656
Total assets	1,807,021	1,770,814
Current liabilities:
Current portion of long-term debt	579,369	578,752
Accounts payable	12,726	7,846
Accrued compensation and related expenses	23,437	32,665
Deferred revenue	155,966	153,597
Dividends payable	10,155	10,226
Other accrued expenses	122,166	98,042
Total current liabilities	903,819	881,128
Long-term debt	28,029	29,019
Long-term deferred revenue	193,955	223,866
Other long-term liabilities	56,927	55,252
Total liabilities	1,182,730	1,189,265
Commitments and contingencies
Shareholders' equity:
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding	0	0
Common Stock, $0.01 par value, 100,000 shares authorized, 69,638 and 69,507 shares issued and 25,434 and 25,580 shares outstanding	696	694
Additional paid-in capital	744,073	742,981
Retained earnings	1,533,232	1,462,070
Accumulated other comprehensive loss	(1,142)	(647)
Treasury stock, 44,204 and 43,927 shares of common stock held at cost	(1,652,568)	(1,623,549)
Total shareholders' equity	624,291	581,549
Total liabilities and shareholders' equity	$ 1,807,021	$ 1,770,814

About InterDigital Inc

InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

CEO	Mr. Lawrence Chen
WEBSITE	interdigital.com
INDUSTRY	Telecom Services
EMPLOYEES	425

InterDigital Inc Frequently Asked Questions

What is the ticker symbol for InterDigital Inc? What does IDCC stand for in stocks?

IDCC is the stock ticker symbol of InterDigital Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of InterDigital Inc (IDCC)?

As of Mon May 06 2024, market cap of InterDigital Inc is 2.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IDCC stock?

You can check IDCC's fair value in chart for subscribers.

What is the fair value of IDCC stock?

You can check IDCC's fair value in chart for subscribers. The fair value of InterDigital Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of InterDigital Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IDCC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is InterDigital Inc a good stock to buy?

The fair value guage provides a quick view whether IDCC is over valued or under valued. Whether InterDigital Inc is cheap or expensive depends on the assumptions which impact InterDigital Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IDCC.

What is InterDigital Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 06 2024, IDCC's PE ratio (Price to Earnings) is 13.95 and Price to Sales (PS) ratio is 4.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IDCC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on InterDigital Inc's stock?

In the past 10 years, InterDigital Inc has provided 0.136 (multiply by 100 for percentage) rate of return.