InterDigital (IDCC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors of ...

The Zacks Wireless Equipment industry is poised to capitalize on the healthy demand trends driven by a fast-track 5G deployment and transition to cloud and fiber network infrastructure upgrades. However, large-scale investments for seamless 5G evolution, margin erosion due to price wars, higher customer inventory levels, inflated raw material costs due to macroeconomic challenges, geopolitical conflicts and uncertain business conditions might erode profitability. Despite short-term headwinds, Qualcomm Incor ...

InterDigital, Inc. (IDCC) is scheduled to report fourth-quarter 2024 results on Feb. 6, before the opening bell. IDCC pulled off a trailing four-quarter earnings surprise of 163.7%, on average. In the last reported quarter, it delivered an earnings surprise of 114.47%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company is expected to deliver top-line expansion year over year, backed by solid licensing momentum in the consumer electronics market and product innovation.Factors a ...

WILMINGTON, Del., Feb. 03, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has initiated litigation against The Walt Disney Company, including Disney+, Hulu and ESPN+, over their ongoing infringement of InterDigital’s intellectual property. “Our video technologies enable Disney to efficiently stream content and enhance the user experience,” said Josh Schmidt, Chief Legal Officer, InterDigital. “We always ...

WILMINGTON, Del., Jan. 23, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its fourth quarter 2024 financial results before the market open on Thursday, February 6, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider InterDigital (IDCC) . This company, which is in the Zacks Wireless Equipment industry, shows potential for another earnings beat.This wireless research and development company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarter ...

Analysts' outlook around InterDigital, Inc. (NASDAQ: IDCC ) seems a tad pessimistic, considering the company's stock has risen by 60% over the last year and is currently trading near its all-time high of $203, albeit it's dropped 12% since then and sits at around $171I am a financial analyst and writer with a strong foundation in financial modeling, valuation, and data analysis. I hold FMVA (Financial Modeling & Valuation Analyst) and BIDA (Business Intelligence & Data Analyst) certifications from the Corpo ...

Industry Overview - The video and TV industry is a significant emitter of greenhouse gases, accounting for 4% of global emissions, which is double that of the aviation industry at 2% [5] - Video content constitutes 80% of total internet traffic, significantly impacting CO2 emissions from data centers [7] - The industry's carbon footprint spans production, delivery, and consumption, with Scope 3 emissions from indirect sources like travel, accommodation, and post-production being a major challenge [2][3] Technological Innovations - Pixel Value Reduction (PVR) technology, developed by InterDigital, can achieve significant energy savings without compromising video quality, potentially saving 48 million kWh of energy if applied to events like the Olympics [3][5] - IP-based remote virtual production can reduce the industry's carbon footprint by 6x compared to on-site methods [6] - AI and brightness-adjustment technologies are expected to reduce TV energy consumption by 15% by 2028 [6] Energy Consumption Trends - Overall energy consumption for video entertainment devices (TVs, set-top boxes, media streamers, gaming consoles, smartphones, and tablets) has declined by 17% since 2020, with a further 12% reduction expected by 2028 [6] - Emissions from TVs in 2024 were estimated at 54 MtCO2e, equivalent to the annual greenhouse gas emissions of 11.7 million passenger vehicles [7] - 4K TVs, now installed in 858 million homes, generate 1.7x more emissions per hour compared to 1080 HD TVs [7] Impact of Major Events - The Paris Olympics had an estimated media carbon footprint of 602.8 million tons, with 1.25 TWh of electricity consumed due to streaming across various devices [7] - Each hour of film production since 2023 has equated to an average of 16.6 tCO2e, equivalent to the energy consumption of two homes annually [7] Company Focus - InterDigital is a leader in developing video compression standards and PVR technology, aiming to reduce energy consumption in the video industry [3][9] - The company is also involved in AI research, which intersects with wireless and video technologies, contributing to more sustainable solutions [9]

InterDigital (IDCC) has been on a downward spiral lately with significant selling pressure. After declining 9.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

InterDigital (IDCC) has been beaten down lately with too much selling pressure. While the stock has lost 7.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...