Core Viewpoint - InterDigital (IDCC) has experienced significant growth over the past few years but has recently seen a decline of approximately 15% in the last three months due to concerns regarding its earnings growth potential [1]. Company Performance - The recent decline in InterDigital's stock price is attributed to worries about its future earnings growth [1]. Analyst Focus - The analysis emphasizes a focus on small-cap to mid-cap companies and foreign equities, particularly in the Nordic market, while also covering U.S. growth companies with strong long-term expansion potential [1].

Core Insights - InterDigital, Inc. has signed a significant patent license agreement with LG Electronics, covering LG's digital TVs and computer display monitors, utilizing technologies such as ATSC 3.0, Wi-Fi, and video codecs [1][5] - Roth Capital has reaffirmed a "Buy" rating for InterDigital following the agreement, leading to a positive outlook for 2026 [2] - InterDigital's stock price has increased to $329.51, reflecting a 6.72% rise, indicating strong investor interest [3][5] Company Overview - InterDigital focuses on research and development in mobile, video, and AI technologies, with a market capitalization of approximately $8.48 billion [4] - The company's innovations in advanced video compression, broadcast, and Wi-Fi are crucial for a wide range of devices and services [4] - The negotiation process with LG was amicable, highlighting the strategic importance of the agreement [4]

Core Viewpoint - InterDigital, Inc. anticipates a strong performance in 2026, bolstered by new licensing agreements and existing contracts, with a detailed financial outlook to be provided during the earnings report on February 5, 2026 [2]. Full Year 2026 Outlook - Projected revenue for 2026 is between $675 million and $775 million [3]. - Adjusted EBITDA is expected to range from $381 million to $477 million [3]. - Diluted EPS is forecasted to be between $5.77 and $8.51 [3]. - Non-GAAP EPS is anticipated to be in the range of $8.74 to $11.84 [3]. Company Overview - InterDigital is a global R&D company focused on wireless, video, AI, and related technologies, providing foundational technologies for various communication and entertainment products [4]. - The company licenses its innovations to manufacturers of wireless devices, consumer electronics, IoT devices, and cloud-based service providers [4]. - Founded in 1972, InterDigital is recognized as a leader in wireless technology, having developed innovations from early digital cellular systems to advanced Wi-Fi technologies [4].

Core Insights - InterDigital, Inc. has signed a new patent license agreement with LG Electronics, covering LG's digital TVs and computer display monitors under a joint licensing program with Sony [1] - The agreement includes licenses for technologies such as ATSC 3.0, Wi-Fi, and video codecs, which are essential for a variety of devices and services in a video-first world [2] Company Overview - InterDigital is a global research and development company focused on wireless, video, artificial intelligence, and related technologies, enabling connected and immersive experiences across communications and entertainment products [2] - The company licenses its innovations to various sectors, including wireless communications, consumer electronics, IoT devices, and cloud-based services like video streaming [2] - Founded in 1972, InterDigital is listed on Nasdaq and is recognized as a leader in wireless technology and video processing [2]

Core Insights - The individual has retired after over 43 years in investment research, now operating independently to provide actionable investment insights [1] - The focus is on rules/factor-based equity investing strategies, emphasizing the use of numbers to inspire human intelligence-driven investment stories rather than serving the numbers themselves [1] - The approach combines factor analysis with classic fundamental analysis to uncover the true story of a company and its stock, highlighting the importance of future potential over past data [1] Investment Experience - The individual has extensive experience covering a wide range of stocks, including large cap, small cap, micro cap, value, growth, and income [1] - Previous roles included managing a high-yield fixed-income fund and conducting research on quantitative asset allocation strategies, which are foundational to modern Robo Advising [1] - The individual has edited and written stock newsletters, notably the Forbes Low Priced Stock Report, and served as an assistant research director at Value Line [1] Educational Contributions - There is a strong passion for investor education, demonstrated through numerous seminars on stock selection and analysis [1] - The individual is the author of two books: "Screening The Market" and "The Value Connection," aimed at enhancing investor knowledge [1]

Core Insights - The article compares two small-cap growth ETFs, the Vanguard Small-Cap Growth ETF (VBK) and the iShares S&P Small-Cap 600 Growth ETF (IJT), focusing on their cost, performance, risk, and portfolio construction to assist investors in making informed decisions [1][2] Cost & Size Comparison - IJT has an expense ratio of 0.18%, while VBK has a lower expense ratio of 0.07% [3] - As of January 17, 2026, IJT's one-year return is 8.63%, compared to VBK's 12.47% [3] - IJT offers a dividend yield of 0.91%, higher than VBK's 0.54% [3] - Assets under management (AUM) for IJT is $6 billion, while VBK has significantly higher AUM at $39 billion [3] Performance & Risk Comparison - Over the past five years, IJT experienced a maximum drawdown of -29.23%, while VBK had a deeper drawdown of -38.39% [4] - An investment of $1,000 in IJT would have grown to $1,227 over five years, while the same investment in VBK would have grown to $1,155 [4] Portfolio Composition - VBK holds 552 positions, with 27% allocated to technology, 21% to industrials, and 18% to healthcare, featuring top holdings like Insmed and SoFi Technologies [5] - IJT contains 348 stocks, with a more balanced sector allocation: 20% in technology, 19% in industrials, and 17% in healthcare, including leading positions like Arrowhead Pharmaceuticals [6] Investment Implications - Both ETFs focus on small-cap stocks with growth potential, which may lead to higher total returns over time [7] - VBK is considered slightly higher risk due to its heavier tilt towards technology, indicated by a higher beta of 1.43 compared to IJT's 1.18 [8] - IJT's higher dividend yield may appeal to income-focused investors, despite its higher expense ratio compared to VBK [9] - Investors must weigh their goals, as VBK has shown larger price swings but has outperformed IJT over the last 12 months [10]

Company Overview - InterDigital, Inc. specializes in developing wireless and video technologies, playing a significant role in the tech industry by providing essential solutions for mobile devices, networks, and services [1] - The company competes with other tech giants in the wireless technology sector, focusing on innovation and strategic leadership to maintain its market position [1] Recent Transactions - On January 14, 2026, Chen Lawrence Liren, the director, President, and CEO of InterDigital, sold 2,975 shares of Common Stock at $312.72 each, as part of a larger sale of 5,950 shares totaling approximately $1.9 million [2] - This sale represented 3.36% of Chen's direct holdings, reducing his stake to 170,935 shares, with approximately 164,985 shares remaining post-transaction [2] Stock Performance - The weighted average purchase price for the recent transaction was $322.27, while the post-transaction value based on the market close was $309.09 [3] - InterDigital's stock is currently priced at $312.63 on the NASDAQ, experiencing a decrease of 0.46%, equivalent to a drop of $1.43 [3] - The stock has seen a low of $307.53 and a high of $325.44 on the day of reporting, with a one-year high of $412.60 and a low of $169.58, and a market capitalization of approximately $8.05 billion [3]

InterDigital Conference Call Summary Company Overview - **Company**: InterDigital - **Industry**: Semiconductor and wireless technology - **Focus**: Research and development in wireless, video, AI, and related technologies, licensing innovations globally to various sectors including wireless communications, consumer electronics, IoT, and cloud-based services [1][2] Core Business Model - **Licensing Model**: Operates on an IP as a service model, where customers pay for a subscription to a portfolio of patents, resulting in recurring revenue [6][7] - **Patent Portfolio**: Emphasizes an evergreen patent portfolio, with an average of six new patents added daily, ensuring long-term value [21][22] - **Revenue Growth**: Revenue is growing rapidly, with a year-over-year increase and profitability growing faster than revenue due to high margins [7][25] Financial Performance - **Contracts**: Over $4 billion worth of contracts signed in the last four years, with a focus on long-term agreements averaging five years [23][24] - **Annualized Recurring Revenue (ARR)**: Target to grow ARR from $400 million to $1 billion by 2030, with current figures showing significant progress [27][39] - **Dividend Increase**: Increased dividend by approximately 50% from $0.45 to $0.70 per quarter [26] Market Position and Strategy - **Customer Base**: Major clients include Apple, Samsung, Lenovo, and Oppo, with long-term relationships [8][24] - **Growth Strategy**: Focus on expanding into consumer electronics, IoT, and online streaming, with a goal of monetizing $200 million in recurring revenue from these segments by 2030 [34][35] - **Standard Development**: Actively involved in standard development organizations, influencing the future direction of technology [16][19] Industry Dynamics - **Video Consumption**: Video accounts for 80% of internet traffic, driving demand for efficient video delivery technologies [11][12] - **Emerging Technologies**: Investing in foundational AI technologies, with a focus on integrating AI into wireless and video standards [10][11] Legal and Competitive Landscape - **Litigation**: Recently won a litigation battle against Disney, with ongoing litigation against Amazon, highlighting the company's commitment to enforcing its IP rights [42][43][46] - **Competitive Advantages**: Positioned as a leader in foundational technology development, with a strong emphasis on standardization and long-term partnerships [47][48] Future Outlook - **Long-Term Goals**: Aim to maintain a 60% adjusted EBITDA margin while achieving double-digit year-over-year growth in ARR [39] - **Investment in R&D**: Committed to long-term investments in research and development to sustain growth and innovation [38] This summary encapsulates the key points discussed during the conference call, highlighting InterDigital's strategic focus, financial performance, and market positioning within the semiconductor and wireless technology industry.

Core Viewpoint - InterDigital, Inc. will release its fourth quarter 2025 financial results on February 5, 2026, before the market opens, followed by a conference call to discuss the company's performance [1]. Group 1: Financial Results Announcement - The financial results for the fourth quarter of 2025 will be announced before the market opens on February 5, 2026 [1]. - A conference call will be held on the same day at 10:00 a.m. Eastern Time to discuss the performance [1]. Group 2: Conference Call Details - Participants can access a live webcast of the conference call via the company's website [2]. - Dial-in details for the conference call include a toll-free number for the USA and an international toll number [2]. - A replay of the conference call will be available on InterDigital's website for one year [2]. Group 3: Company Overview - InterDigital is a global research and development company focused on wireless, video, AI, and related technologies [3]. - The company designs foundational technologies for connected experiences in communications and entertainment products [3]. - InterDigital licenses its innovations to various sectors, including wireless communications, consumer electronics, IoT devices, and cloud-based services [3]. - The company has a history of innovation in wireless technology, from early digital cellular systems to advanced 5G and Wi-Fi technologies [3]. - InterDigital is also a leader in video processing and AI research, which intersects with its wireless and video technologies [3].

Company Overview - InterDigital, Inc. specializes in developing technologies for wireless communications, playing a significant role in the telecommunications industry [1] - The company competes with other tech giants in the wireless technology sector, focusing on innovation and strategic business decisions [1] CEO Transactions - On January 7, 2026, CEO Chen Lawrence Liren sold 2,975 shares at $310.47 per share, managing his personal holdings [2] - Following this sale, Chen holds approximately 170,935 shares, indicating continued significant investment in InterDigital [2] - A similar transaction occurred on December 30, where Chen sold 2,975 shares at a higher average price of $329.50, totaling around $980,000, resulting in a 1.63% decrease in his holdings [3] Stock Performance - InterDigital's stock recently opened at $318.38, reflecting a 2.1% decrease, with a 12-month low of $169.58 and a high of $412.60 [4] - The current stock price is $309.23, showing a slight increase of 0.07%, with fluctuations between $295.06 and $313.88 today [5] - The company's market capitalization stands at approximately $7.96 billion, with a price-to-earnings ratio of 21.48 and a beta of 1.54, indicating moderate volatility compared to the market [5] Financial Health - InterDigital boasts strong financial health, with a current and quick ratio of 1.89 and a low debt-to-equity ratio of 0.02, indicating strong liquidity and minimal debt [4][6] - The trading volume for IDCC today is 468,048 shares, reflecting active investor interest [5]