InterDigital Inc (IDCC) Quote

Gamco they took our oreeno's today.

They stole our Oreeno

Oreeno $199. EOM 

Oreeno $198. EOM 

I am looking forward to a nice increase in quarterly earnings and past sales payments due to the Oppo settlement.

I agree. I also think that our inventors and engineers are venturing into AI space and this could be partially responsible for the recent respect the market has given us. Hats off to our management team!

IMO, compared to previous management teams, the current one can execute and meet their earning guidance. I expect more licensing agreements in the near future..AMHO..

Oreeno $197. EOM 

Shares short-3.21 Miilion-11/15/24

InterDigital: Shares Rally on Huge Earnings Upgrades

InterDigital is a leader in mobile and video technology innovation, providing critical wireless and visual solutions to support global connectivity. The stock has soared over 80% year-to-date, showcasing strong investor interest and powerful momentum. Despite this impressive rally, IDCC remains attractively valued.

The company trades at a forward earnings multiple of just 12.7x, making it a bargain compared to its robust growth forecasts. Analysts project annualized EPS growth of 17.4% over the next three to five years, resulting in a PEG ratio of just 0.7—indicating significant value relative to its growth potential.

Adding to the bullish case, IDCC has experienced massive upward revisions in earnings estimates across all time frames. As shown in the table, consensus estimates for the current quarter have jumped by 262% in the past 60 days, while full-year forecasts are up over 46%. This level of earnings momentum gives InterDigital the coveted Zacks Rank #1 (Strong Buy) rating.

With strong fundamentals, bullish revisions, and a favorable valuation, InterDigital is a standout candidate in this year-end rally.

As I recall Mickey (God rest his soul) left a lot of shares for his wife. I sure hope she held onto the shares as hos his $200 share price may soon be realized..

Kind of surreal after being invested in IDCC for over two decades. A lot of great names on the boards over the years… but Mickeybritt was the classic hyperbolic forecaster of the share price…not hyperbole anymore.

Oreeno $196. EOM 

Paulee,

No split = high price = a physiological negative for the shorts!

Imagine being short from the $50s!

Tomcat

Oreeno $195. EOM 

ah, about the same is they had twice as many short at 150 or 200

Paullee,

IMHO, we don't need a split!

Imagine how freaked out shorts will be with a $300 or $400 share price!

Tomcat

Oreeno $194. EOM 

Oreeno $193. EOM 

Oreeno $192. EOM 

Paullee I think I would rather IDCC get to the billion dollars a year in revenue prior to any share split. Of course this thought also includes rises in the share price. 

could be a time for a split, and then another run to 150

Lumpy3,

I agree with you!

A key patent can transform this company! With that said, it is already doing pretty good now!

IDCC is small, but the importance of IDCC's IP to AI, AR, Video, and Wireless is HUGE!

Long and strong! I have been married to this stock since 1995!

Tomcat

my3 they will continue to shake the tree until they cant..the longterm holders for the most part have a mickey britt hold on their shares....if the streaming portion with the technicolor acquisition bares fruit we could be in the early innings of a prolonged growth period...you are starting to see some signs of this with some outlandish price targets in the mid 200s-mid 300s..if idcc has something special to offer the AI field this could be a big player, our returns so far pale in comparison to some of the other companies that have exploded

Liren Chen said in his 2024 Q3 remarks that Samsung arbitration results are not going available until after the first of the year due to some additional questions raised by the arbitrators.

The players are dragging us up and then down by $3 daily high and low lately.

It is time now to give us the Samsung arbitration result news.

Max, if we have not been flying for the last year or so, I can't wait to see your version of flying!

I believe Zack’s stated in their article that IDCC had a forward P/E of 12.1. We need some news to make this thing fly. Give us a holiday signing, please. JMHO

Forward PE of 14.88

What did the Schwab image say?

From Schwab

From the Yahoo IDCC key statistics page, as of our current price per share ~ $183.00:

Trailing P/E ~ 19.77
Forward P/E ~ 26.81

IMHO, these valuations are finally in line with our industry.

Short interest as of 10/31 was 3.65 M, down from the 8/15 high of 5.00 M.

currently, rbc conference with idcc is going on..worth listening..IMO...

Special Dividend Taxes
Unlike most regular dividends, which are taxed as qualified dividends (and thus as long-term capital gains), special dividends can be made up of a mixture of capital gains, ordinary income, and returns of capital.

The exact breakdown of the special dividend is spelled out in the 1099-DIV form sent to you by the company at tax time, but in general most special dividends are treated as returns of capital.

Rather than paying taxes on dividends classified as a return of capital, you lower the cost basis of your shares and only get taxed when you sell them.

However, this aspect of special dividend taxes also means that special dividends held in tax-deferred accounts, such as IRAs or 401(k)s, will miss out on the tax benefit.

That’s because any money withdrawn from these accounts after the age of 59.5 will be taxed as ordinary income.

orientbull, special dividends are taxed as ordinary income. I would rather see a jump in the qualified dividend that is taxed at 15%

Current short interest?

IMO, a special dividend for the holiday season would be nice!!

Agree, any new court filing in a different court or even back in California gives u-Blox the appearance of now just venue shopping. IMO

Monterey, UBLOX 's license was extended in 2017. And a new license was signed in 2019 and they decided to sue in 2023 rather than renew the license: They withdrew the California case and file the Delaware Chancery court case which did not go well for them.

Therefore,if I was IDCC I would not arbitrate with them, as it could be more holdout BS, imo.

From the third quarter webcast:

Richard Brezski

Yes. Hey, Scott, good morning. So, let me follow up on the Samsung arbitration question. So, you are correct that I did say in my prepared remark that based on the latest hearing we had with arbitrator, we believe the result of the arbitration will be completed soon after end of the year. The primary reason is, there are some additional questions arbitrator was asking and plus as we approach to the holiday season. So, we fact this will take a bit longer. Regarding the revenue recognition, as you are aware, we have been recognizing Samsung revenue under the conservative estimation, the same as the prior agreement. We believe it's conservative and that's the case we continue to do for Q4, and when the arbitration is complete, if the number turn out to be higher than we will drop the number at the time of the award.

When will Samsung arbitration conclude?

My3sons87, U-blox may stop litigation and agree to arbitration to determine its 'FRAND' rate in which case a decision will not be known until sometime next year just like Lenovo.

Thank you Task1 and best of luck to you also.
I learned alot here as well and I saw that Loophole recently passed. He was a great source of reasoning and knowledge.
Is Jimlur still in IDCC and posting? I recall that way back when he moved the board here from (I think) Raging Bull.

Folks it is my opinion that UBLOX licenses with IDCC and stops the litigation. Jmho.

I’m similar to you Rob. Longtime IDCC shareholder and presently heavily invested in LWLG. Also, learned about OLED on this board. It has been quite the ride with IDCC but happily our patience has been rewarded. I learned a lot about investing on this board from many savvy and intelligent posters. Best of luck with your investments.

Hello IDCC'ers. I am a loooong time IDCC long - back to when it was just IDC, right after it changed from IMMC.
I read pretty much every post on this board for 20+ yrs but stopped a few years ago until recently again.
Sold most of my holdings over the years on the various runups and did quite well but I always held onto a few hundred shares because it was sort of a part of me.
Glad to see many of the same names still here, and I've seen several of the same folks on another board (LWLG) that I started lurking on and bought into a few months ago.
Hope you are all well, and I am glad to see IDCC continuing to grow.

IDCC is a legitimate substitute for the Magnificent 7.

A better value & involved in many of the same areas.

IMHO - Tomcat

InterDigital To Present At 2024 RBC Capital Markets Technology, Internet, Media & Telecommunications Conference
November 12 2024 - 8:00AM

InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be presenting at the 2024 RBC Capital Markets Technology, Internet, Media & Telecommunications Conference on Tuesday, November 19th, 2024, at 2:40 PM ET.
The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event.

About InterDigital®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
investor.relations@interdigital.com
+1 (302) 300-1857

Oreeno $191. EOM