InterDigital, Inc. (IDCC)

InterDigital Stock Rises After New IoT Payments Patent Deal—Why IDCC Is Back in Focus - Bez Kabli

The company achieved an earnings per share (EPS) of $2.57, surpassing the projected $1.64, which represents a 56.71% increase. Additionally, InterDigital’s revenue reached $205 million, exceeding the forecast of $167.35 million by 22.74%. Despite these impressive financial results, the stock ...

Earlier this week, InterDigital announced an IoT patent licensing agreement that allows a leading fintech payments company to use its 3G, 4G, Wi‑Fi 5 and Wi‑Fi 6 technologies in point‑of‑sale devices, deepening the reach of its global patent portfolio into connected payment infrastructure.

IDCC gained 1.34% while several software peers also traded higher (e.g., NICE +4.88%, SRAD +4.96%, OTEX +4.98%, DSGX +5.71%), but no names appeared in the momentum scanner, pointing to a more company-specific move. ... Recent news-driven moves generally aligned with headline tone, including a sharp …

Earnings estimates for 2026 and 2027 have declined over the past 60 days. IDCC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.