Overview Dividends

(IDCC) InterDigital - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US45867G1013

Wireless Patents, Video Coding, AI Technologies

Communications Equipment
Market Cap in USD: 8,665m

IPO / Inception: 1990-03-26
Return 12m vs S&P 500: 36.9%

EPS (Earnings per Share)

EPS CAGR: 41.16%
EPS Trend: 77.0%

Last SUE: 1.01
Qual. Beats: 2

Revenue

Rev. CAGR: 10.88%
Rev. Trend: 68.1%

Last SUE: 0.24
Qual. Beats: 0

Dividends

Dividend Yield	0.85%
Yield on Cost 5y	4.36%
Yield CAGR 5y	13.82%
Payout Consistency	93.5%
Payout Ratio	16.8%

Risk via 5d forecast
Volatility	39.9%
Value at Risk 5%th	57.1%
Relative Tail Risk	-13.06%

Reward TTM
Sharpe Ratio	1.32
Alpha	37.19
CAGR/Max DD	3.26

Character TTM
Hurst Exponent	0.497
Beta	0.938
Beta Downside	0.892

Drawdowns 3y
Max DD	23.36%
Mean DD	5.62%
Median DD	3.25%

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 (6% = 55.7m TTM)

FCFTA 0.29 (>2.0%) and ΔFCFTA 28.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 74.91% (prev 61.28%; Δ 13.63pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.31 (>3.0%) and CFO 673.1m > Net Income 496.8m (YES >=105%, WARN >=100%)

Net Debt (-352.5m) to EBITDA (688.3m) ratio: -0.51 <= 3.0 (WARN <= 3.5)

Current Ratio 1.89 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (34.9m) change vs 12m ago 16.28% (target <= -2.0% for YES)

Gross Margin 90.18% (prev 76.56%; Δ 13.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 48.05% (prev 41.80%; Δ 6.25pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 15.04 (EBITDA TTM 688.3m / Interest Expense TTM 40.8m) >= 6 (WARN >= 3)

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 (Balance) 2.09b / Total Assets 2.14b

warn (B) unusual magnitude: 0.98 — check mapping/units

(D) 2.01 = Book Value of Equity 2.09b / Total Liabilities 1.04b

Total Rating: 9.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 92.86

1. Piotroski 7.50pt

2. FCF Yield 7.99%

3. FCF Margin 67.89%

4. Debt/Equity 0.44

5. Debt/Ebitda -0.51

6. ROIC - WACC (= 28.05)%

7. RoE 49.92%

8. Rev. Trend 68.08%

9. EPS Trend 77.05%

What is the price of IDCC shares?

As of January 09, 2026, the stock is trading at USD 306.69 with a total of 253,212 shares traded.
Over the past week, the price has changed by -6.00%, over one month by -14.49%, over three months by -12.48% and over the past year by +62.03%.

Is IDCC a buy, sell or hold?

InterDigital has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy IDCC.

Strong Buy: 2
Buy: 1
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the IDCC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	412	34.3%
Analysts Target Price	412	34.3%
ValueRay Target Price	485.2	58.2%

IDCC Fundamental Data Overview January 07, 2026

Market Cap USD = 8.67b (8.67b USD * 1.0 USD.USD)
P/E Trailing = 22.5245
P/E Forward = 34.7222
P/S = 9.3319
P/B = 7.636
P/EG = 1.3155
Beta = 1.564
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 = 7.89b USD (8.67b + Debt 487.7m - CCE 1.26b)
Interest Coverage Ratio = 15.04 (Ebit TTM 613.0m / Interest Expense TTM 40.8m)
FCF Yield = 7.99% (FCF TTM 630.5m / Enterprise Value 7.89b)
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 = 3.69 (Enterprise Value 7.89b / 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 = 23.22% (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 = 9.06% (E(8.67b)/V(9.15b) * Re(9.47%) + D(487.7m)/V(9.15b) * Rd(2.05%) * (1-Tc(0.11)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.41%
[DCF Debug] Terminal Value 76.16% ; FCFE base≈385.8m ; Y1≈453.6m ; Y5≈692.3m
Fair Price DCF = 357.6 (DCF Value 9.21b / Shares Outstanding 25.7m; 5y FCF grow 18.69% → 3.0% )
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=2.35 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=10.11 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=-32.9% | Growth Revenue=-19.8%

Additional Sources for IDCC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle