InterDigital, Inc. (NASDAQ:IDCC) is one of the High-Flying Stocks to Buy Right Now. On January 20, the company announced its outlook for FY 2026, with revenue of between $675 million – $775 million, and adjusted EBITDA of $381 million – $477 million. InterDigital, Inc. (NASDAQ:IDCC) highlighted the addition of a new license agreement with LG Electronics. It also announced a smartphone renewal with a well-established Chinese vendor. For FY 2026, InterDigital, Inc. (NASDAQ:IDCC) expects diluted EPS of betwee ...

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 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 Viewpoint - The Broadcast Positioning System (BPS) is introduced as an alternative to GPS, utilizing ATSC 3.0 digital television signals for timing and positioning, primarily as a backup solution for national security [1][6]. Technology Overview - BPS operates by embedding timing data in a preamble and location data in a Physical Layer Pipe (PLP), allowing for accurate time and position estimation with a single TV tower providing time and four towers providing both time and position [3][9]. - The expected time accuracy is 100 nanoseconds (95% of the time), with an average positioning accuracy of approximately 100 meters [3][9]. Development Phases - The development of BPS is structured in six phases, with public deployment of ATSC 3.0-based timing expected between 2025 and 2027, followed by positioning tests and full deployment by 2029 [6][16]. Current Testing and Infrastructure - NAB Technology is currently testing BPS using a limited number of ATSC 3.0 base stations, employing advanced equipment to measure and compare GPS and BPS signals [4][5]. - The existing infrastructure for ATSC 3.0 is already in place, allowing for low incremental costs for BPS deployment [15]. Advantages of BPS - BPS offers several advantages, including independence from GPS, the ability to operate during emergencies, frequency diversity, and in-building coverage [15][14]. - It is designed to function when GPS signals are spoofed or unavailable, making it a reliable alternative [15]. Use Cases - Potential applications of BPS include delivering GPS-independent time and position, detecting GPS spoofing, and providing hybrid location services [16][15]. Market Coverage - The BPS system is expected to cover a significant portion of the continental United States, with various station counts indicating increasing cumulative coverage [22]. Government Support - There is a push for public-private partnerships to fund research and development for BPS, indicating government support for this free-to-use service [18].