At the time of writing, Interdigital Inc [IDCC] stock is trading at $202.15, up 0.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IDCC shares have gain 5.47% over the last week, with a monthly amount drifted -1.36%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Interdigital Inc [NASDAQ: IDCC] stock has seen the most recent analyst activity on May 13, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $100 from $106. Previously, BofA Securities downgraded its rating to Underperform on April 01, 2024, and dropped its price target to $100. BofA Securities upgraded its rating to a Buy and increased its price target to $105 on May 10, 2023. William Blair initiated its recommendation with a Outperform. Jefferies started tracking with a Buy rating for this stock on December 09, 2022, and assigned it a price target of $80. In a note dated July 25, 2022, BofA Securities initiated an Underperform rating and provided a target price of $60 on this stock.
For the past year, the stock price of Interdigital Inc fluctuated between $97.51 and $231.96. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. Interdigital Inc [NASDAQ: IDCC] shares were valued at $202.15 at the most recent close of the market. An investor can expect a potential drop of -60.43% based on the average IDCC price forecast.
Analyzing the IDCC fundamentals
According to Interdigital Inc [NASDAQ:IDCC], the company’s sales were 868.52M for trailing twelve months, which represents an 139.58% jump. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.56%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.49 and Total Capital is 0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 196.23 points at the first support level, and at 190.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 207.83, and for the 2nd resistance point, it is at 213.52.
Ratios To Look Out For
It is important to note that Interdigital Inc [NASDAQ:IDCC] has a current ratio of 1.70. Further, the Quick Ratio stands at 1.70, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 6.04, the price to book ratio is 6.06 and price to earnings (TTM) ratio is 16.79.
Transactions by insiders
Recent insider trading involved Pankaj Rajesh, Chief Technology Officer, that happened on Apr 07 ’25 when 700.0 shares were sold. Officer, RAJESH K PANKAJ completed a deal on Apr 07 ’25 to buy 700.0 shares. Meanwhile, Chief Technology Officer Pankaj Rajesh sold 700.0 shares on Mar 20 ’25.
