IDCC

InterDigitalD

Nasdaq / Software & Services

At close

2026-06-02

Current thesis

The bullish read is that Q1 showed licensing momentum is intact: six new agreements, Xiaomi renewed long term, LG TV added, smartphone ARR hit a record, and FY26 guidance was reaffirmed despite a softer reported GAAP earnings comparison. If the market reaction overemphasized lower catch-up revenue and missed the growth in recurring licensing base, the reset could reverse on further contract conversion.

Posture

Defensive

Lead driver

Sentiment

What changed

Sentiment remains the lead driver in the composite, 7D delta +4.5.

What can break

Cash and short-term investments remain strong at roughly $1.09B including restricted cash and investments, but that was down from about $1.26B at year-end after capital returns and note-related cash use, so capital allocation remains worth monitoring [#10-Q-2026-04-30].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $300.00 · Bull $360.00 · Bear $240.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-03 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $462.67

Why

Momentum3 · Δ7d +0.2

Value66 · Δ7d +1.1

Sentiment64 · Δ7d +4.5

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Sentiment · See AI snapshot

Momentum

34% active weight

Current posture

7d trendFlat

Δ7d

+0.2

Δ21d

-13.2

Value

32% active weight

Current posture

7d trendImproving

Δ7d

+1.1

Δ21d

+1.9

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+4.5

Δ21d

+13.4

Why this grade

Composite grade D. Momentum 3.2 / Value 65.8 / Sentiment 63.7

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$6.68B

Beta

1.57

Shares Out

25.74M

P/E (TTM)

22.7

P/S (TTM)

9.31

P/FCF (TTM)

16.12

Rev YoY

+28.0%

EPS YoY

+69.8%

Gross Margin

Op Margin

+62.0%

Net Debt

-$486.44M

Current Ratio

1.89

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology