InterDigital, Inc. (IDCC) Stock Price & How to Invest

InterDigital is a wireless and video technology research and patent licensing company. The company develops fundamental technology used in cellular standards (5G, 6G, prior generations), video coding standards (HEVC, VVC), and other communications and media technologies. The company contributes patents to standard-setting organizations and earns recurring licensing revenue from device manufacturers (smartphone OEMs, consumer electronics manufacturers) that implement those standards.

InterDigital's business model is small in operating headcount (the company is essentially a research lab with a licensing arm) but high in profitability because licensing revenue carries very high incremental margins. Major licensees include Apple, Samsung, Xiaomi, OPPO, Vivo, Huawei, and others. The company has had periodic high-profile licensing disputes (with Huawei and Xiaomi historically; with Lenovo and Disney more recently in video) that have ultimately resulted in renewed licensing agreements. Founded in 1972, headquartered in Wilmington, Delaware. Liren Chen has been CEO since 2021.

Licensing disputes can suspend royalty receipts during periods of litigation. Court decisions on FRAND (fair, reasonable, and non-discriminatory) terms affect royalty rates. Concentration of licensing revenue among a small number of major handset OEMs creates revenue concentration risk.

3 analysts publish price targets on IDCC, averaging $462.67 against a $319.90 price as of September 2026, or +44.6%. The published targets run from $425.00 to $488.00, a narrow spread, and the ratings split 4 buy, 0 hold, 0 sell. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full IDCC forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on InterDigital, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. 5G licensing scale-up. 5G handset adoption has driven InterDigital's licensing revenue meaningfully higher. The most optimistic published target, $488.00, assumes this works close to its best case.

The case against. Licensing disputes can suspend royalty receipts during periods of litigation. The most pessimistic target, $425.00, is roughly what IDCC is worth if this bites instead.

Read the full bull and bear case on IDCC, including what would have to change to break either one. Walnut is not an investment adviser.

No. InterDigital, Inc. (IDCC) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see InterDigital, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$700 million
• Operating margin: ~55% (licensing model)
• Net income (TTM): ~$350 million
• EPS (TTM): ~$13.00
• P/E (TTM): ~15x
• Price to sales: ~9x
• Dividend yield: ~1.5%, with growth
• Free cash flow: ~$400 million annually
• Licensing revenue: Highly recurring, contract-based

InterDigital's valuation reflects the high-margin licensing business model. P/E and earnings can be volatile due to lumpy licensing settlements; multi-year contracted licensing provides smoother underlying economics. Price-to-cash-flow may be more useful than trailing P/E.

These are the investment theses IDCC naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to IDCC: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get IDCC exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so IDCC sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where IDCC fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

InterDigital (IDCC) is a high-margin, asset-light patent-licensing business whose royalties scale with 5G and video adoption but arrive lumpily through FRAND settlements and disputes. In a portfolio it behaves as a niche, cash-generative mid-cap with a growing dividend and buybacks, distinct from typical operating companies and best measured on cash flow rather than trailing earnings.

Whether IDCC is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is IDCC a buy or a sell?, and where the stock could go from here in the IDCC stock forecast.

For income investors, whether IDCC pays a dividend and how the payout looks is covered in does IDCC pay a dividend? And to weigh IDCC against a peer, read the full side-by-side comparisons: IDCC vs PLTR and IDCC vs AXON.