First Time Loading...

InterDigital Inc
NASDAQ:IDCC

Watchlist Manager
InterDigital Inc Logo
InterDigital Inc
NASDAQ:IDCC
Watchlist
Price: 107.82 USD 1.1% Market Closed
Updated: Mar 1, 2024

Intrinsic Value

InterDigital, Inc. engages in the design and development of technologies that enable and enhance wireless communications, and capabilities. [ Read More ]

The intrinsic value of one IDCC stock under the Base Case scenario is 87.93 USD. Compared to the current market price of 107.82 USD, InterDigital Inc is Overvalued by 18%.

Key Points:
IDCC Intrinsic Value
Base Case
87.93 USD
Overvaluation 18%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
InterDigital Inc

Backtest IDCC Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling IDCC stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

InterDigital Posts Strong Growth and Momentum
2023-Q4 Earnings Call

InterDigital Posts Strong Growth and Momentum

InterDigital's 2023 was marked by robust growth, with a 20% increase in annual revenue to $550 million and a 32% rise in its smartphone licensing program. Recurring revenue surged to over $408 million, contributing to an over 80% jump in non-GAAP EPS. The company's innovation was recognized as it filed a record number of new patents, growing its portfolio to over 30,000. The firm continued rewarding shareholders, returning almost $380 million through dividends and buybacks. InterDigital signed eight new license agreements, including with tech giants like Lenovo and Panasonic, while successfully defending its patents in litigation. For 2024, revenue projections are bold, anticipating between $620 million and $670 million, supported by over 30 recent agreements with a collective value exceeding $2.5 billion. True to its innovative edge, InterDigital prepares to showcase its cutting-edge wireless, video, and AI technologies at the forthcoming Mobile World Congress.

Financials

Balance Sheet Decomposition
InterDigital Inc

Current Assets 1.2B
Cash & Short-Term Investments 1B
Receivables 117.3m
Other Current Assets 44m
Non-Current Assets 603.2m
PP&E 324.6m
Other Non-Current Assets 278.6m
Current Liabilities 881.1m
Accounts Payable 148.8m
Other Current Liabilities 732.3m
Non-Current Liabilities 308.1m
Long-Term Debt 84.3m
Other Non-Current Liabilities 223.9m
Efficiency
Fundamental Scores

IDCC Profitability Score
Profitability Due Diligence

InterDigital Inc's profitability score is 69/100. The higher the profitability score, the more profitable the company is.

69/100
Profitability
Score

InterDigital Inc's profitability score is 69/100. The higher the profitability score, the more profitable the company is.

IDCC Solvency Score
Solvency Due Diligence

InterDigital Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Negative Net Debt
Low D/E
Long-Term Solvency
Short-Term Solvency
61/100
Solvency
Score

InterDigital Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

IDCC Price Targets Summary
InterDigital Inc

Wall Street analysts forecast IDCC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IDCC is 129.8 USD with a low forecast of 107.06 USD and a high forecast of 147 USD.

Lowest
Price Target
107.06 USD
1% Downside
Average
Price Target
129.8 USD
20% Upside
Highest
Price Target
147 USD
36% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

IDCC Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

IDCC Price
InterDigital Inc

1M 1M
+3%
6M 6M
+25%
1Y 1Y
+48%
3Y 3Y
+72%
5Y 5Y
+75%
10Y 10Y
+327%
Annual Price Range
107.82
52w Low
67.03
52w High
117.19
Price Metrics
Average Annual Return -0.81%
Standard Deviation of Annual Returns 21.53%
Max Drawdown -53%
Shares Statistics
Market Capitalization 2.8B USD
Shares Outstanding 25 487 400
Percentage of Shares Shorted 25.79%

IDCC Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

InterDigital Inc Logo
InterDigital Inc

Country

United States of America

Industry

Technology

Market Cap

2.8B USD

Dividend Yield

1.48%

Description

InterDigital, Inc. engages in the design and development of technologies that enable and enhance wireless communications, and capabilities. The company is headquartered in Wilmington, Delaware and currently employs 510 full-time employees. The firm designs and develops technologies that enable connected, experiences in a range of communications and entertainment products and services. Through its subsidiaries, it owns a portfolio of patents and patent applications related to wireless communications, video coding, display technology, and other areas relevant to the wireless and consumer electronics industries. The company operates InterDigital Research & Innovation (InterDigital R&I), a research and development operation. The firm operates approximately seven research and development facilities in five countries: Berlin, Germany; Conshohocken, Pennsylvania, United States of America; London, United Kingdom; Montreal, Canada; New York, New York, United States of America; Palo Alto, California, United States of America, and Rennes, France.

Contact

DELAWARE
Wilmington
200 Bellevue Parkway, Suite 300
+13022813600.0
https://www.interdigital.com/

IPO

1981-11-12

Employees

510

Officers

President, CEO & Director
Mr. Lawrence Chen
Executive VP, CFO & Treasurer
Mr. Richard J. Brezski
Executive VP & CTO
Dr. Rajesh Pankaj
Executive VP & Chief Licensing Officer
Ms. Eeva K. Hakoranta
Executive VP & Chief Information Officer
Mr. Michael G. Cortino
Head of Investor Relations
Mr. Raiford Garrabrant C.F.A.
Show More
Executive VP, Chief Legal Officer & Corporate Secretary
Mr. Joshua D. Schmidt
Executive VP & Chief Communications and Public Policy Officer
Mr. Robert Stien
Executive VP & Chief People Officer
Mr. Skip Maloney
Chair of the Topic Interest Group for AIML & Secretary for IEEE 802.11bc Task Group
Mr. Xiaofei Wang
Show Less

See Also

Discover More
What is the Intrinsic Value of one IDCC stock?

The intrinsic value of one IDCC stock under the Base Case scenario is 87.93 USD.

Is IDCC stock undervalued or overvalued?

Compared to the current market price of 107.82 USD, InterDigital Inc is Overvalued by 18%.