Date | Price Target | Rating | Analyst |
---|---|---|---|
5/13/2024 | $106.00 → $100.00 | Buy → Hold | Jefferies |
4/1/2024 | $140.00 → $100.00 | Buy → Underperform | BofA Securities |
8/22/2023 | Outperform | William Blair | |
5/10/2023 | $55.00 → $105.00 | Neutral → Buy | BofA Securities |
1/27/2023 | Outperform | William Blair | |
12/9/2022 | $80.00 | Buy | Jefferies |
7/25/2022 | $60.00 | Underperform | BofA Securities |
Tesla Inc's (NASDAQ:TSLA) lawsuit in London against a U.S. technology firm, InterDigital Inc (NASDAQ:IDCC), and a patent licensing platform, Avanci, was overturned by the court today. Tesla was seeking a patent license ahead of the automaker's introduction of 5G vehicles in the U.K. Elon Musk's company had sued InterDigital and Avanci, which licenses patents for automotive uses, in London's High Court in 2023, reported Reuters. Tesla sought the court's determination on the fair, reasonable, and non-discriminatory (FRAND) terms for using patents owned by holders, including InterDigital, which Avanci licenses. Tesla's lawyers indicated that the company plans to launch 5G vehicles i
4 - InterDigital, Inc. (0001405495) (Issuer)
4 - InterDigital, Inc. (0001405495) (Issuer)
4 - InterDigital, Inc. (0001405495) (Issuer)
WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.40 to $0.45 per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2024. The Board of Directors also declared a regular quarterly cash dividend of $0.45 per share on its common stock, payable on October 23, 2024, to shareholders of record at the close of business on October 9, 2024. About InterDigital® InterDigital is a global research and developme
WILMINGTON, Del., Sept. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, announced its return to the 6GSymposium alongside partners Northeastern University Institute for the Wireless Internet of Things, Next G Alliance, and host 6GWorld. InterDigital is a founding partner of the 6GSymposium, which is now in its fifth year. The 2024 Fall Symposium focuses on "Crucial Conversations" and invites leaders in technology, policy, and business to discuss the fundamental issues facing 6G development, including the value it can create and where it is best applied. The 6GSymposium will take place in Washington, D.C. on
WILMINGTON, Del., Aug. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, will showcase state-of-the-art video innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 13 – 16. InterDigital will demonstrate at IBC alongside partners at the Ultra HD Forum, IABM lounge, and 5G-MAG Insights Tech Conference to amplify the impact of immersive video codecs and implementations of Advanced HDR by Technicolor solutions that empower consistent, high-quality HDR content delivery across devices and markets. Jointly developed by InterDigital and Philips, Advanced HDR by Tech
Jefferies downgraded InterDigital from Buy to Hold and set a new price target of $100.00 from $106.00 previously
BofA Securities downgraded InterDigital from Buy to Underperform and set a new price target of $100.00 from $140.00 previously
William Blair resumed coverage of InterDigital with a rating of Outperform
10-Q - InterDigital, Inc. (0001405495) (Filer)
8-K - InterDigital, Inc. (0001405495) (Filer)
8-K - InterDigital, Inc. (0001405495) (Filer)
SC 13G/A - InterDigital, Inc. (0001405495) (Subject)
SC 13G/A - InterDigital, Inc. (0001405495) (Subject)
SC 13G/A - InterDigital, Inc. (0001405495) (Subject)
WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.40 to $0.45 per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2024. The Board of Directors also declared a regular quarterly cash dividend of $0.45 per share on its common stock, payable on October 23, 2024, to shareholders of record at the close of business on October 9, 2024. About InterDigital® InterDigital is a global research and developme
WILMINGTON, Del., Aug. 01, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended June 30, 2024. "Our performance in the second quarter far exceeded the outlook and highlights how we continue to execute on our strategy and strengthen our innovation pipeline to support long-term growth," commented Liren Chen, CEO and President, InterDigital. "Given our all-time record revenue for the first half of the year and our increasing momentum across the business, we are raising our full-year revenue guidance by $70 million to between $690 million and $740 million." 2024 Fi
WILMINGTON, Del., July 18, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its second quarter 2024 financial results before the market open on Thursday, August 1, 2024. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.inter
WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, applauded the appointment of Xiaofei Wang to serve as Chair of the IEEE 802.11 Standing Committee on Artificial Intelligence and Machine Learning (AIML). Xiaofei previously served as Chair of the IEEE 802.11 Topic Interest Group on AIML. IEEE 802.11 is the working group dedicated to standards for wireless local area networks (WLAN). The Working Group recently approved the creation of an AIML Standing Committee dedicated to reviewing and describing use cases for AIML in IEEE 802.11 based Wi-Fi systems, investigating and analyzing applica
WILMINGTON, Del., Feb. 12, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that Ken Kaskoun has been appointed as the company's Chief Growth Officer, reporting to Liren Chen, President and Chief Executive Officer of InterDigital. An engineer and lawyer by background and an experienced inventor, Ken joins from SomaLogic, a life sciences company, where he was Senior Vice President of Strategy and Business Development. "Ken's experience in the development of long-term growth strategies for technology research and licensing companies makes him an excellent fit as InterDigital's Chief Growth Officer
WILMINGTON, Del., Dec. 04, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, announced the election of Dr. Alain Mourad, Head of Wireless Lab Europe, to serve on the ETSI Board for the 2024-2026 mandate. ETSI is a European Standards Organization and the regional standards body responsible for telecommunications, broadcasting and other electronic communications networks and services. As a global organization, ETSI provides its more than 900 members with an open, inclusive, and collaborative environment to support the timely development, ratification, and testing of globally applicable standards for wireless systems, a