(IDCC) InterDigital - Overview
Stock: Wireless Patents, Video Coding, AI Technologies
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.97% |
| Yield on Cost 5y | 4.26% |
| Yield CAGR 5y | 13.82% |
| Payout Consistency | 93.5% |
| Payout Ratio | 22.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 66.9% |
| Relative Tail Risk | -25.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.52 |
| Alpha | 91.06 |
| Character TTM | |
|---|---|
| Beta | 0.886 |
| Beta Downside | 0.706 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.36% |
| CAGR/Max DD | 3.23 |
Description: IDCC InterDigital January 08, 2026
InterDigital Inc. (NASDAQ: IDCC) is a Delaware-incorporated R&D firm that creates and licenses wireless, visual and AI-driven technologies for a broad ecosystem of device makers, automakers, cloud-service providers and consumer-electronics manufacturers.
Its core portfolio spans legacy cellular standards (CDMA, TDMA) through to modern 5G/6G radio-access solutions (OFDM/OFDMA, MIMO) and related 3GPP patents that power smartphones, base stations, connected cars, wearables, smart-factory equipment and drones. The company also supplies video-coding and transmission codecs, and is expanding AI/ML capabilities for edge-computing applications.
Key financial metrics (FY 2023) show roughly $1.0 billion in total revenue, with licensing fees contributing about 60 % and a 12 % year-over-year increase in R&D spend to $210 million, underscoring its commitment to stay ahead of the 5G-to-6G transition. The balance sheet remains strong, with cash and short-term investments exceeding $1.2 billion, providing runway for continued patent acquisition and partnership development.
Sector-level drivers that directly impact InterDigital’s outlook include the accelerating global rollout of 5G infrastructure (expected to reach > 70 % of mobile connections by 2025), the surge in AI-enhanced video streaming demand, and the growing adoption of connected-vehicle technologies, all of which increase the value of its licensed IP portfolio.
For a deeper, data-rich analysis of IDCC’s valuation dynamics, you may find the ValueRay platform’s research tools useful.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 496.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.29 > 0.02 and ΔFCF/TA 28.37 > 1.0 |
| NWC/Revenue: 74.91% < 20% (prev 61.28%; Δ 13.63% < -1%) |
| CFO/TA 0.31 > 3% & CFO 673.1m > Net Income 496.8m |
| Net Debt (-352.5m) to EBITDA (688.3m): -0.51 < 3 |
| Current Ratio: 1.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.9m) vs 12m ago 16.28% < -2% |
| Gross Margin: 90.18% > 18% (prev 0.77%; Δ 8941 % > 0.5%) |
| Asset Turnover: 48.05% > 50% (prev 41.80%; Δ 6.25% > 0%) |
| Interest Coverage Ratio: 15.04 > 6 (EBITDA TTM 688.3m / Interest Expense TTM 40.8m) |
Altman Z'' 9.56
| A: 0.33 (Total Current Assets 1.48b - Total Current Liabilities 785.1m) / Total Assets 2.14b |
| B: 0.98 (Retained Earnings 2.09b / Total Assets 2.14b) |
| C: 0.32 (EBIT TTM 613.0m / Avg Total Assets 1.93b) |
| D: 2.01 (Book Value of Equity 2.09b / Total Liabilities 1.04b) |
| Altman-Z'' Score: 9.56 = AAA |
Beneish M -3.43
| DSRI: 0.61 (Receivables 185.6m/237.7m, Revenue 928.6m/721.2m) |
| GMI: 0.85 (GM 90.18% / 76.56%) |
| AQI: 0.89 (AQ_t 0.29 / AQ_t-1 0.33) |
| SGI: 1.29 (Revenue 928.6m / 721.2m) |
| TATA: -0.08 (NI 496.8m - CFO 673.1m) / TA 2.14b) |
| Beneish M-Score: -3.43 (Cap -4..+1) = AA |
What is the price of IDCC shares?
Over the past week, the price has changed by +13.67%, over one month by +20.36%, over three months by -2.33% and over the past year by +76.99%.
Is IDCC a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the IDCC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 462.7 | 24.7% |
| Analysts Target Price | 462.7 | 24.7% |
| ValueRay Target Price | 611.9 | 64.9% |
IDCC Fundamental Data Overview February 04, 2026
P/E Forward = 34.7222
P/S = 9.1524
P/B = 7.6402
P/EG = 1.3155
Revenue TTM = 928.6m USD
EBIT TTM = 613.0m USD
EBITDA TTM = 688.3m USD
Long Term Debt = 17.1m USD (from longTermDebt, last quarter)
Short Term Debt = 456.3m USD (from shortTermDebt, last quarter)
Debt = 487.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -352.5m USD (from netDebt column, last quarter)
Enterprise Value = 7.72b USD (8.50b + Debt 487.7m - CCE 1.26b)
Interest Coverage Ratio = 15.04 (Ebit TTM 613.0m / Interest Expense TTM 40.8m)
EV/FCF = 12.25x (Enterprise Value 7.72b / FCF TTM 630.5m)
FCF Yield = 8.16% (FCF TTM 630.5m / Enterprise Value 7.72b)
FCF Margin = 67.89% (FCF TTM 630.5m / Revenue TTM 928.6m)
Net Margin = 53.50% (Net Income TTM 496.8m / Revenue TTM 928.6m)
Gross Margin = 90.18% ((Revenue TTM 928.6m - Cost of Revenue TTM 91.2m) / Revenue TTM)
Gross Margin QoQ = 82.02% (prev 92.05%)
Tobins Q-Ratio = 3.61 (Enterprise Value 7.72b / Total Assets 2.14b)
Interest Expense / Debt = 2.05% (Interest Expense 10.0m / Debt 487.7m)
Taxrate = 11.15% (8.47m / 76.0m)
NOPAT = 544.7m (EBIT 613.0m * (1 - 11.15%))
Current Ratio = 1.89 (Total Current Assets 1.48b / Total Current Liabilities 785.1m)
Debt / Equity = 0.44 (Debt 487.7m / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = -0.51 (Net Debt -352.5m / EBITDA 688.3m)
Debt / FCF = -0.56 (Net Debt -352.5m / FCF TTM 630.5m)
Total Stockholder Equity = 995.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 25.71% (Net Income 496.8m / Total Assets 2.14b)
RoE = 49.92% (Net Income TTM 496.8m / Total Stockholder Equity 995.2m)
RoCE = 60.55% (EBIT 613.0m / Capital Employed (Equity 995.2m + L.T.Debt 17.1m))
RoIC = 37.12% (NOPAT 544.7m / Invested Capital 1.47b)
WACC = 8.78% (E(8.50b)/V(8.99b) * Re(9.18%) + D(487.7m)/V(8.99b) * Rd(2.05%) * (1-Tc(0.11)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.41%
[DCF Debug] Terminal Value 78.02% ; FCFF base≈385.8m ; Y1≈453.5m ; Y5≈691.0m
Fair Price DCF = 408.9 (EV 10.17b - Net Debt -352.5m = Equity 10.53b / Shares 25.7m; r=8.78% [WACC]; 5y FCF grow 18.69% → 2.90% )
EPS Correlation: 77.05 | EPS CAGR: 41.16% | SUE: 1.01 | # QB: 2
Revenue Correlation: 68.08 | Revenue CAGR: 10.88% | SUE: 0.24 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.33 | Chg30d=-0.027 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=10.14 | Chg30d=+0.023 | Revisions Net=+0 | Growth EPS=-32.7% | Growth Revenue=-16.1%