IDCC
InterDigital Inc
NASDAQ: IDCC · TECHNOLOGY · SOFTWARE - APPLICATION
$269.58
-0.16% today
Updated 2026-06-05
Market cap
$7.33B
P/E ratio
27.02
P/S ratio
8.85x
EPS (TTM)
$10.50
Dividend yield
0.98%
52W range
$212 – $411
Volume
0.4M
InterDigital Inc (IDCC) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed IDCC price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$269.58
Today
Analyst consensus
$416.67
+54.57% · 12M
2030 Base
$323.20
+19.89% future
NPV today
$186.25
@ 13% WACC
5 analysts:
4 Buy1 Hold0 Sell
Management guidance
CFO Rich Brezski outlined a path to over $1,000 million in annualized recurring revenue (ARR) by 2030, with specific targets: $500M from smartphones, $200M from consumer electronics/IoT, and $300M+ from streaming and cloud services. FY2026 revenue guidance: $675–775 million (midpoint $725M). This represents a strategic shift toward recurring licensing revenue and positions the company for sustained growth through patent monetization across wireless, video, and AI technologies.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
IDCC · InterDigital Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$172.17
NPV today: $99.22
Base case (2030)
$323.20
NPV today: $186.25
Bull case (2030)
$574.92
NPV today: $331.31
WallStSmart.com
IDCC financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.8B | $0.7B | $0.9B | $1.1B | $1.2B | $1.3B |
| Revenue growth | -4.0% | -13.1% | 20.7% | 20.0% | 14.3% | 10.8% |
| Net margin | — | 25.1% | 28.3% | 30.6% | 30.7% | 31.3% |
| EPS | $15.40 | $7.00 | $9.50 | $12.25 | $14.00 | $15.75 |
| Diluted shares | — | 26M | 26M | 26M | 26M | 26M |
| Net debt | — | $328.96M | $154.63M | $-54.56M | $-293.64M | $-558.62M |
| P/S multiple | — | 6.0x | 6.0x | 6.0x | 6.0x | 6.0x |
| Implied price (base) | — | $154.81 | $195.19 | $242.46 | $284.78 | $323.20 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B |
| P/S multiple | 3.0x | 6.0x | 11.0x |
| Diluted shares | 26M | 26M | 26M |
| Net debt | $-558.62M | $-558.62M | $-558.62M |
| Implied P/E † | 11x | 21x | 37x |
| 2030 Price | $172.17 | $323.20 | $574.92 |
| NPV @ 13% | $99.22 | $186.25 | $331.31 |
† Implied P/E: Multiples remain elevated across all three scenarios because IDCC is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $323.20 base case
IDCC catalysts and risks
Growth catalysts
+ Achievement of $1B+ ARR target by 2030 through smartphone, consumer electronics, IoT, and streaming licensing
+ New multi-year licensing agreements with major OEMs (Xiaomi, LG, Sony renewals and expansions covering ~80% of global smartphone market)
+ Streaming and cloud services revenue ramp as video compression technology gains adoption in competitive streaming markets
+ 6G patent portfolio monetization as industry transitions from 5G (2027–2030 timeframe)
+ Strategic patent litigation wins driving licensing compliance and new agreement signings
+ AI and edge computing licensing opportunities in emerging IoT and automotive segments
Key risks
- Licensing revenue concentration and timing volatility – ARR of $567M (Q1 2026) shows uneven quarterly results; 2026 guidance of $675–775M implies significant H2 execution risk
- Regulatory and legal headwinds – ongoing patent disputes with Apple, Disney, Hisense, TCL, and Transsion create uncertainty; antitrust scrutiny on licensing practices could cap monetization
- Customer concentration risk – major smartphone OEMs (Apple, Samsung, Qualcomm ecosystem) represent majority of revenue; loss of renewal or renegotiation at lower rates poses downside
- Macro smartphone market slowdown – if global handset volumes stall or decline, smartphone licensing (core $500M by 2030 target) faces headwind
- Streaming market saturation and commoditization – video compression technology licensing may not command premium rates if competing technologies emerge or become open-source
- Working capital and contract timing – Q1 2026 showed -2.4% revenue decline YoY despite ARR growth, indicating lumpiness; large deals may not close as expected
Methodology · InterDigital Inc 2030 stock forecast model
InterDigital Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for IDCC by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-558.62M by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.491) |
| 4. Multiple framework | P/S compresses with scale: bear 3.0x / base 6.0x / bull 11.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
IDCC price target FAQ
What is the IDCC price target for 2030?
WallStSmart's InterDigital Inc 2030 base case is $323.20 per share, with a bull case of $574.92 and bear case of $172.17. The NPV of the base case discounted to today at 13% WACC is $186.25.
How is the InterDigital Inc 2030 stock forecast calculated?
The IDCC 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the IDCC price target account for dilution?
InterDigital Inc is projected to grow diluted share count from 26M to 26M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on IDCC stock?
5 analysts cover IDCC with an average 12-month price target of $416.67. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.