Zacks Research Forecasts Lower Earnings for InterDigital

Posted by Brenda Bartman on Sep 16th, 2026

InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of InterDigital in a research note issued on Friday, September 11th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings of $1.68 per share for the quarter, down from their previous estimate of $1.78. 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 Q1 2027 earnings at $1.99 EPS.

Separately, Weiss Ratings cut 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $450.00.

Check Out Our Latest Stock Report on IDCC

InterDigital Price Performance

IDCC opened at $326.08 on Monday. InterDigital has a twelve month low of $249.14 and a twelve month high of $412.60. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 37.61 and a beta of 1.43. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $312.44 and a 200 day simple moving average of $310.13.

InterDigital (NASDAQ:IDCC – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $3.72. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The company had revenue of $260.17 million during the quarter, compared to the consensus estimate of $143.10 million. During the same quarter last year, the company earned $6.52 earnings per share. InterDigital’s revenue for the quarter 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.

InterDigital Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Wednesday, October 14th. This is an increase from InterDigital’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.9%. InterDigital’s dividend payout ratio is 32.30%.

Insider Transactions at InterDigital

In other InterDigital news, Director Joan H. Gillman sold 300 shares of the firm’s stock in a transaction on 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 transaction, the director directly owned 22,736 shares of the company’s stock, valued at $7,526,980.16. This trade represents a 1.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $338.00, for a total transaction of $507,000.00. Following the completion of the sale, the chief technology officer directly owned 65,016 shares of the company’s stock, valued at $21,975,408. The trade was a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,200 shares of company stock valued at $1,642,638. 3.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On InterDigital

A number of hedge funds have recently bought and sold shares of IDCC. Tidal Investments LLC increased its holdings in 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 buying an additional 12,501 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of InterDigital by 5.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,447 shares of the Wireless communications provider’s stock worth $410,000 after acquiring an additional 69 shares in the last quarter. IFP Advisors Inc grew its position in shares of InterDigital by 3.7% in the 2nd quarter. IFP Advisors Inc now owns 1,292 shares of the Wireless communications provider’s stock worth $366,000 after acquiring an additional 46 shares in the last quarter. Nykredit A S bought a new stake in shares of InterDigital in the 2nd quarter valued at approximately $259,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of InterDigital in the 2nd quarter valued at approximately $2,534,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

More InterDigital News

Here are the key news stories impacting InterDigital this week:

Positive Sentiment: InterDigital’s record recurring revenue, an Amazon licensing agreement and a raised 2026 outlook support the investment case. These factors suggest continued strength in the company’s patent-licensing business despite the relatively limited share-price appreciation over the past year. IDCC Gains Just 5% in a Year: Should It Still Be in Your Portfolio?
Neutral Sentiment: Zacks Research maintained its Strong Buy rating. Its current full-year EPS estimate of $9.64 remains close to the broader consensus of $9.76, while its FY2028 forecast stands at $10.65, indicating continued expected earnings growth despite near-term revisions. InterDigital analyst estimates
Negative Sentiment: Zacks lowered its FY2026 EPS estimate to $9.64 from $10.13 and cut its Q4 2026 forecast sharply to $1.73 from $2.13. It also reduced estimates for Q3 2027, Q4 2027, Q1 2028, Q2 2028 and FY2028, suggesting analysts see somewhat weaker earnings momentum than previously expected.
Negative Sentiment: The only upward revision was to Q2 2027 EPS, increased to $1.97 from $1.91. However, this was outweighed by smaller cuts to several other quarterly forecasts, including Q1 2028 EPS to $2.37 from $2.39 and Q2 2028 EPS to $2.63 from $2.68. Q3 EPS Estimates for InterDigital Cut by Zacks Research

InterDigital Company Profile

(Get Free Report)

InterDigital, Inc is a wireless technology research and development company that designs and develops advanced technologies used in mobile and other connected devices. Its work spans cellular communications, including 2G, 3G, 4G LTE and 5G, as well as wireless connectivity, video technologies and the Internet of Things.

The company primarily generates revenue by licensing its intellectual property to manufacturers of wireless products and other technology companies. Its portfolio includes patents and technical contributions related to wireless standards, network performance, spectrum efficiency, device connectivity and multimedia communications.