Zacks Research reduces earnings estimates for InterDigital. September 15, 2026 Key points. * Zacks Research lowered InterDigital's FY2026 EPS estimate to $9.64 from $10.13, below the current consensus of $9.76, while maintaining a "Strong-Buy" rating. Estimates for several later quarters and FY2028 were also reduced. * InterDigital reported a significant quarterly earnings beat, with EPS of $4.62 versus the $0.90 consensus and revenue of $260.17 million versus $143.10 million expected. However, quarterly revenue declined 13.4% year over year. * The company raised its quarterly dividend to $0.75 per share from $0.70, equating to an annualized dividend of $3.00 and a 0.9% yield; analyst sentiment remains broadly positive with an average "Buy" rating and a $450 price target. * MarketBeat previews the top five stocks to own by October 1st. InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Zacks Research dropped their FY2026 earnings per share (EPS) estimates for shares of InterDigital in a note issued to investors on Friday, September 11th. Zacks Research analyst Team now expects that the Wireless communications provider will post earnings per share of $9.64 for the year, down from their prior forecast of $10.13. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for InterDigital's current full-year earnings is $9.76 per share. Zacks Research also issued estimates for InterDigital's Q4 2026 earnings at $1.73 EPS, Q2 2027 earnings at $1.97 EPS, Q3 2027 earnings at $2.20 EPS, Q4 2027 earnings at $2.32 EPS, Q1 2028 earnings at $2.37 EPS, Q2 2028 earnings at $2.63 EPS and FY2028 earnings at $10.65 EPS. InterDigital (NASDAQ:IDCC - Get Free Report) last announced its earnings results 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 business had revenue of $260.17 million for the quarter, compared to analyst estimates of $143.10 million. During the same quarter last year, the business earned $6.52 earnings per share. The company's revenue for the quarter 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. Separately, Weiss Ratings cut InterDigital from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, InterDigital presently has an average rating of "Buy" and an average price target of $450.00. Discover more Financial News Take Economics Courses Get Business Reports InterDigital stock performance. NASDAQ IDCC opened at $340.38 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. The stock's 50 day simple moving average is $311.44 and its 200-day simple moving average is $310.50. The company has a market cap of $8.78 billion, a PE ratio of 39.26 and a beta of 1.43. InterDigital has a 1-year low of $249.14 and a 1-year high of $412.60. InterDigital increases dividend. The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. This is an increase from InterDigital's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Wednesday, October 14th. InterDigital's dividend payout ratio is presently 34.60%. Insider buying and selling at InterDigital. In other InterDigital news, Director Joan Gillman sold 300 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $331.06, for a total value of $99,318.00. Following the completion of the sale, 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 through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Markley, Jr. sold 400 shares of the business'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 transaction, the director directly owned 11,735 shares in the company, valued at approximately $3,520,500. The trade was a 3.30% 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. Insiders sold a total of 5,200 shares of company stock worth $1,642,638 in the last three months. 3.50% of the stock is owned by corporate insiders. Institutional inflows and outflows. A number of large investors have recently added to or reduced their stakes in the business. Keating Financial Advisory Services Inc. purchased a new stake in InterDigital in the 2nd quarter valued at about $25,000. Anchor Investment Management LLC purchased a new stake in shares of InterDigital in the 1st quarter valued at approximately $30,000. Leonteq Securities AG purchased a new stake in shares of InterDigital in the 4th quarter valued at approximately $35,000. Hantz Financial Services Inc. lifted its holdings in shares of InterDigital by 219.0% in the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider's stock worth $43,000 after acquiring an additional 92 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its position in shares of InterDigital by 52.3% during the 4th quarter. Clearstead Advisors LLC now owns 198 shares of the Wireless communications provider's stock worth $63,000 after purchasing an additional 68 shares during the period. 99.83% of the stock is currently owned by institutional investors and hedge funds. Key InterDigital news. Here are the key news stories impacting InterDigital this week: * Zacks raised its Q2 2027 EPS forecast to $1.97 from $1.91, providing a limited positive offset to the broader revisions. The firm continues to rate InterDigital a "Strong-Buy." * The current full-year analyst consensus remains $9.76 EPS, while Zacks projects fiscal 2026 EPS of $9.64 and fiscal 2028 EPS of $10.65. This indicates continued profitability and growth expectations, although Zacks' projections are below its earlier forecasts. * Zacks cut its fiscal 2026 EPS estimate to $9.64 from $10.13 and reduced Q4 2026 EPS to $1.73 from $2.13. It also lowered forecasts for Q3 2027 ($2.20 from $2.29), Q4 2027 ($2.32 from $2.34), Q1 2028 ($2.37 from $2.39), Q2 2028 ($2.63 from $2.68), and fiscal 2028 ($10.65 from $10.83). The concentration of downward revisions is likely the main reason InterDigital's stock has weakened, particularly given its elevated valuation and strong recent performance. About InterDigital. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider InterDigital, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterDigital wasn't on the list. While InterDigital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you'll find 7 stocks that could play a major role in the next tech-driven market boom. Continue following MarketBeat

At IBC, InterDigital to showcase VVC Multilayer Coding powering high-quality video streaming. InterDigital and NHK, MC-IF to demonstrate streaming excellence with VVC enhancements. WILMINGTON, Del., Sept. 01, 2026 (GLOBE NEWSWIRE) - InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, will showcase state-of-the-art video codec innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 11 - 14, 2026. InterDigital will demonstrate at IBC alongside NHK (Japan Broadcasting Corporation), Japan's sole public service media organization, and Media Coding Industry Forum (MC-IF) partners, spotlighting enhancements to the Versatile Video Coding (VVC) standard to deliver premium, high-quality streaming experiences. VVC Multilayer Coding At IBC 2026, InterDigital and NHK will demonstrate two aspects of the VVC Multilayer Main 10 profile, specifically content overlay and spatial/quality scalability. The demonstration is powered by a VVC multilayer software decoder. The content layering approach demonstrated by NHK shows content personalisation enabled by VVC multilayer and MPEG-H 3D audio coding, highlighting the technology's ability to switch video and audio in a coordinated manner to empower richer user experiences. By reframing the base layer and overlaying additional content, like captions or sign language translations, in an enhancement layer, users can choose between viewing the base or a selected enhanced experience. The contributions to scalability made by InterDigital demonstrate how a VVC enhancement layer can deliver significant improvements in quality in broadcast and streaming applications, offering greater efficiency than independent encoding. This joint demonstration is aligned with the VVC multilayer coding verification test, published in April 2026, as MPEG document AG 5 N208. Read the document here. Experience Streaming Excellence at the MC-IF booth At the MC-IF booth in Hall 2.B13, MC-IF members including InterDigital, in collaboration with NHK, will demonstrate new features and capabilities of VVC. Together, MC-IF members will highlight how the industry is embracing VVC as the foundation for next-generation video delivery at scale, as the codec moves from development and early ecosystem experimentation to commercial deployment at national scale in countries like Brazil. About InterDigital(R) InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence ("AI"), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq. InterDigital is a registered trademark of InterDigital, Inc.