Argus lowers target to USD 366.00 for InterDigital stock
Published on 10/17/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and market frame
- Argus lowered its InterDigital target to USD 366.00 on October 14, 2026.
- MarketBeat expects third-quarter revenue of USD 156.63 million against USD 164.68 million a year earlier.
- InterDigital stock last stood at USD 319.30 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.67 percent versus the prior close of October 15, 2026.
- InterDigital had a market capitalization of USD 8.2 billion and a price-to-earnings ratio of 36.83 as of October 16, 2026.
Argus lowered its target for InterDigital to USD 366.00 on October 14, 2026, according to Yahoo Finance. That target stands 14.63 percent above the last Nasdaq price of USD 319.30. InterDigital stock last stood at USD 319.30 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.67 percent versus the prior close of October 15, 2026.
Revenue expectations point lower
MarketBeat lists a consensus estimate of USD 156.63 million in revenue for the third quarter of 2026, compared with USD 164.68 million in the year-earlier quarter. The same estimate calls for earnings per share of USD 1.34, versus USD 1.93 a year earlier. These figures put the next report under a tougher comparison, even as the target remains above the latest market price.
Range and recent trading
The stock's 52-week range was USD 249.14 to USD 412.60 as of October 16, 2026. The latest price sat USD 93.30 below the high and USD 70.16 above the low, leaving the shares 22.61 percent below the high and 28.15 percent above the low. Trading volume reached 162,351 shares against an average of 210,928 shares.
InterDigital's latest reported second-quarter revenue was USD 260.17 million, according to MarketBeat. The figure gives the market a concrete operating reference while the October price decline places more weight on the coming estimate comparison.
Valuation and reporting date
InterDigital had a market capitalization of USD 8.2 billion and a price-to-earnings ratio of 36.83 as of October 16, 2026. Its trailing dividend yield was 0.01 percent. The company announced on October 13, 2026 that it will publish third-quarter results before the market opens on October 29, 2026, with a conference call at 10:00 a.m. ET, according to InterDigital.
Comparison with peers
IDCC (Nasdaq, USD): minus 2.67 percent, P/E 36.83, market capitalization USD 8.2 billion
QUALCOMM (Nasdaq, USD): minus 3.53 percent, P/E 19.65, market capitalization USD 183.8 billion
Nokia (NYSE, USD): minus 4.49 percent, P/E 67.81, market capitalization USD 49.4 billion
Price position and next catalyst
InterDigital's latest decline was smaller than the moves shown for both comparison companies, but its valuation multiple was higher than QUALCOMM's and below Nokia's. The October 29 results date is the next scheduled company event, while the USD 366.00 Argus target provides the clearest dated valuation reference.
The last reported price was USD 319.30 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.67 percent versus the prior close of October 15, 2026. The price was 22.61 percent below the 52-week high of USD 412.60.
InterDigital market data
- Company: InterDigital, Inc.
- ISIN: US45867G1013
- Ticker: IDCC
- Primary exchange: Nasdaq
- Price on Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 319.30
- Change versus prior close: minus 2.67 percent
- Market capitalization: USD 8.2 billion (as of October 16, 2026)
- 52-week range: USD 249.14-412.60 (as of October 16, 2026)
- Sector / Industry: Technology / wireless technology licensing
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
