
InterDigital (IDCC) Stock Forecast & Price Target
InterDigital (IDCC) Analyst Ratings
Bulls say
InterDigital Inc.'s positive outlook is supported by expectations of increased contributions from streaming, which are anticipated to accelerate following a favorable ruling not yet integrated into current financial models. Furthermore, the company is well-positioned to benefit from the growth of connected devices, driven by IoT-optimized LTE standards recognized under 5G, including Cat M1 and NB IoT. The company's revenue model, predominantly based on fixed-fee patent license agreements, provides a stable income stream while allowing for growth opportunities in the evolving communications and entertainment landscape.
Bears say
InterDigital Inc faces significant challenges stemming from uncertainty around revenue recognition with Samsung, particularly as it awaits the outcome of a pending arbitration. The broader smartphone market exhibits low to no growth potential, having reported a decline of approximately 8% in both 2021 and projected in 2022, which poses risks to InterDigital's revenue streams primarily driven by patent licenses. Additionally, while there are expectations surrounding future growth from IoT and potential mergers, the reliance on a contracting smartphone market and uncertainties in customer renewals may hinder overall financial performance.
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