
InterDigital (IDCC) Stock Forecast & Price Target
InterDigital (IDCC) Analyst Ratings
Bulls say
InterDigital Inc is positioned for growth due to an increasing contribution from streaming services, which is expected to exceed prior expectations and is not yet factored into current financial models. The company's strategic focus on IoT-optimized LTE standards, recognized as 5G by 3GPP, is anticipated to stimulate additional growth in connected devices, broadening its market reach. Furthermore, the company's predominant revenue stream from fixed-fee patent license agreements provides a stable financial foundation while complementing its variable royalty income from other technology agreements.
Bears say
InterDigital's negative outlook is influenced by the uncertainty surrounding revenue recognition with Samsung, which is contingent on the outcome of an ongoing arbitration. Additionally, the global smartphone market is expected to experience low to no growth, with projections indicating an approximate decline of 8% in both 2021 and 2022 due to prevailing recessionary pressures. This stagnation in the smartphone segment, combined with potential decreases in revenue diversity and reliance on a limited customer base, raises concerns about InterDigital's future 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