
InterDigital (IDCC) Stock Forecast & Price Target
InterDigital (IDCC) Analyst Ratings
Bulls say
InterDigital Inc is positioned for significant growth due to its focus on developing technologies that enable connected experiences in communications and entertainment, which aligns well with current market trends. The anticipated acceleration in streaming contributions, as highlighted in recent rulings, suggests that financial forecasts may not fully capture the company's revenue potential from this segment. Additionally, the implementation of IoT-optimized LTE standards, recognized under 5G guidelines, is expected to enhance connected device growth, further driving revenue opportunities for the company.
Bears say
InterDigital Inc faces substantial near-term revenue uncertainty, primarily stemming from ongoing arbitration with Samsung, which raises concerns about the stability of revenue recognition. The global smartphone market is projected to experience continued decline, with an estimated downturn of 8% in 2021 and another anticipated 8% in 2022, posing significant challenges for a company heavily reliant on smartphone-related technologies and licensing. Additionally, the company's growth prospects may be further hindered by a potential decrease in revenue mix as it seeks additional Chinese licensees and navigates the evolving landscape of technology integration amid the rise of Internet of Things (IoT) solutions.
This aggregate rating is based on analysts' research of InterDigital and is not a guaranteed prediction by Public.com or investment advice.
InterDigital (IDCC) Analyst Forecast & Price Prediction
Start investing in InterDigital (IDCC)
Order type
Buy in
Order amount
Est. shares
0 shares