InterDigital, Inc.

Company Details:

Company Symbol: IDCC
Sector: Media & Entertainment
Company Rating:
URL: http://www.interdigital.com/

Related Research

  • 09/15/17 Morning Note B. Riley AM Note: AMC, GUID (discontinuation), HCHC, IDCC, RELY, RTEC, SANW, VRS
  • 08/23/17 Morning Note B. Riley AM Note: BLKB, DSW (upgrade), FARM, GDDY, IDCC, KIRK, TIVO; Optical Components (ACIA, FNSR, INFN, LITE, NPTN, OCLR)
  • 08/23/17 Update IDCC ($69.70, Buy; $100.00 PT): Increasing Q3 Estimates on Upside Total Revenue Guidance; Visibility Remains Solid Ahead of Additional License Deals; PT Remains $100 En Route to Potentially $145
  • 07/28/17 Morning Note B. Riley AM Note: BC, COHU, CSGP, CSOD, DHX, EGHT, GPX, IDCC, INTC, KLAC, KTOS, LRCX, MCS, NAME (discontinuation), NTCT, NTRI (transition), SHOO, TST, TYL; Internet (XOXO, RUBI)
  • 07/28/17 Update IDCC ($76.05, Buy; $100.00 PT): Upside Q2 Results; License Revenue Visibility Further Strengthened by Samsung; Reduced Overhead Sets Stage for Greater EBITDA Boost on New License Deals; PT Remains $100
  • 07/19/17 Morning Note B. Riley AM Note: AMC, CDZI, EGHT, GDDY, IDCC, MCS, SKX
  • 07/19/17 Update IDCC ($77.35, Buy; $100.00 PT): Q2 Earnings Preview; Comfortable with Estimates Given Improved Visibility; Expect Positive Tone on Handset License Discussions to Bolster Outlooks into 2018
  • 06/08/17 Update IDCC ($82.75, Buy; $100.00 PT): Increasing Q2 Estimates; Increasingly Positive Tone and Power Shift in License Discussions Puts Upward Bias on Estimates/Valuation; View $100 PT as First Stop to Reaching $145
  • 06/08/17 Morning Note B. Riley AM Note: CAMP, CAMT, FNSR, IDCC
  • 05/12/17 Morning Note B. Riley AM Note: AOSL, CHKE, CYTX, DCO, DKS, FL, HIBB, IDCC, INPX (downgrade), INTC, MCFT, MRVL, ON, RELY, UFAB, VIVE, WYY
  • 05/04/17 Morning Note B. Riley AM Note: AOSL, CNK, CVU, DHX, FN, FORM, GRPN, HDSN, IDCC, KLIC, LOV, NPTN, NSIT, PCOM, RNWK, RUBI, SRI, STMP, TACT, TIVO, WEYS, ZUMZ
  • 05/01/17 Morning Note B. Riley AM Note: AMC, DHX, DRAD, IDCC, NLS, PCOM, RNWK, SIMO, TYPE (downgrade), VFC, VIAV, VNCE; Internet (ABTL, AKAM, BCOV, GDDY, GRPN, LFGR, RUBI, WEB), Semiconductors (AOSL, ON, SQNS), Semi. Cap. Equipment (ACLS, FORM, KLIC)
  • 04/28/17 Update IDCC ($91.40, Buy; $100.00 PT): Mixed Q1 Results on Hillcrest-Driven Expense Growth; Increased License Visibility and Upcoming Deal Catalysts Provides Attractive Set-Up for Estimate Upside
  • 04/28/17 Morning Note B. Riley AM Note: BC, BRKS, COHU, COLM, CSGP (transition), DSW, GOOGL, GPX, HSKA, HZO, IDCC, INTC, KLAC, MCS, MPX, PCMI, PRMW, ROG, SIMO, SWKS, TNAV, TNDM, TYL, UAA, VRS (initiation); Optical Components (IIVI, IPHI, OCLR)
  • 04/24/17 Morning Note B. Riley AM Note: GSM, IDCC (upgrade), OSIS, PRGX, ROG, SHOO, SIX; Exhibitors (AMC, CNK, IMAX, MCS, RDI, RGC), Semiconductors (INTC, SLAB, SWKS, TXN), Semi. Cap. Equipment (BRKS, COHU, IVAC, KLAC, RTEC)
  • 04/24/17 Update IDCC ($85.40, Buy; $100.00 PT): Upgrading from Neutral to Buy as Recent Decline in Shares De-Risks the Entry Point with Meaningfully Improved Visibility and Upside Bias to Estimates; Raising PT to $100
  • 02/24/17 Morning Note B. Riley AM Note: AMAT, AMSWA, CNK, IDCC, IMAX, JAKK, KEM, KLAC, KTOS, LFGR, LRCX, MCS, NCMI, SENS, STMP, WMAR
  • 02/24/17 Update IDCC ($87.80, Neutral; $86.00 PT): Upside Q4 Results; Marked Shift to Fixed Fee Agreements and Near-Term Hillcrest Labs Margin Pressure Could Hold Back Shares Until Growth Visibility Improves; PT to $86.00
  • 02/21/17 Morning Note B. Riley AM Note: AMSWA, DCO, DORM, DRAD, FL, IDCC, JAKK, MAT, PBH, STMP, TYPE, VFC, WMAR
  • 02/21/17 Update IDCC ($99.60, Neutral; $85.50 PT): Q4 Earnings Preview; Recent Guidance Update Shifts Focus on Opportunities for IDCC to Drive Growth Beyond the Current Run-Rate; Optimistic, but Still Waiting for Entry Point
  • 01/18/17 Research Review B. Riley AM Note: IDCC, JCP, LLTC, MAT, PBH, PRGO, TUES; Boardsports (DECK, NKE, VFC), The Weiser Consumer (FTD, GOOGL, MAT, PBH, WDFC)
  • 01/06/17 Morning Note B. Riley AM Note: AEO, COHU, CTS, FC, IDCC, NVDA, SMTC, SQNS, TIVO, TREC; MedTech (ADMP, CFMS, CVRS, DXCM, EKSO, MZOR, NVRO, NVTR, PODD, SENS, TNDM, TRXC, VIVE, VLRX)
  • 12/23/16 Morning Note B. Riley AM Note: FC, IDCC, PBH, SLAB, SMTC, SQNS; The Weiser Consumer (JAKK, MAT, NTRI, NWL)
  • 12/23/16 Update IDCC ($91.35, Neutral; $85.50 PT): Signs Direct Royalty Agreement with Apple to De-Risk Outlook Even with an Adverse Impact to Recurring Revenues; Slightly Lowering Estimates with PT to $85.50
  • 12/16/16 Morning Note B. Riley AM Note: CAMP, CYTX (initiation), EXAR, FINL, IDCC, JBL, NKE, PCOM
  • 11/29/16 Morning Note B. Riley AM Note: AMSWA, CHKE, IDCC, IMAX, TIVO
  • 10/28/16 Morning Note B. Riley AM Note: AMAT, AVGO, BC, CL, COLM, COHU, CSGP, DECK, DHX, FLEX, FORM, GOOGL, HSKA, IDCC, KTOS, LITE, MCS, NLS, NTCT, OCLR, OSIS, PCTI, PFSW, PLXS, PRGX, PRMW, RGC, SIMO, SPCB, SRI, SQNS, TNAV, TST, TUES, TYL, VVI; The Weiser Consumer
  • 10/28/16 Update IDCC ($69.55, Neutral; $80.00 PT): Q3 Results Miss on Huawei Timing Shift; Lowering Estimates on Conservative Stance for New Royalty Deal and IoT Timing; Thursday Sell-Off Seems an Overreaction
  • 10/24/16 Morning Note B. Riley AM Note: CTG, EL, IDCC, MCS, MEI, NTRI, OSIS, PCTI, PII, RGC, SIMO, SIX, TRUE (upgrade), TYL, WDFC, WMAR; Internet (AKAM, GOOGL, GRPN, LLNW, P), Semiconductors (SLAB, SQNS, TXN), Semi. Cap. Equipment (COHU, FORM)
  • 09/26/16 Morning Note B. Riley AM Note: CAMP, FINL, IDCC (downgrade), NKE, NLS (downgrade), OUTR
  • 09/26/16 Update IDCC ($78.20, Neutral; $80.00 PT): Risk/Reward Balanced After 60% YTD Move as Estimates Reflects Huawei and Other Potential China Handset Royalty Wins; Downgrading to Neutral with PT Remaining $80
  • 09/12/16 Morning Note B. Riley AM Note: IDCC
  • 09/12/16 Update IDCC ($70.35, Buy; $80.00 PT): Increasing Q3/2016 Estimates for Finalized Huawei Agreement; See Positive Implications for Additional China OEM Royalty Agreements and Capital Returns to Shareholders
  • 09/07/16 Morning Note B. Riley AM Note: CHKE, IDCC, MCHP, MRVL, NSSC, NTRI, NWL, P, SPA, VNCE, ZUMZ
  • 09/06/16 Morning Note B. Riley AM Note: ACW, DRAD, FNSR, IDCC, ROVI
  • 09/06/16 Update IDCC ($71.96, Buy; $80.00 PT): Upcoming Investor Day to Represent Positive Catalyst in Framing the Meaningful IoT Royalty Opportunity for IDCC; Initiating 2018 Estimates and Raising PT from $73 to $80
  • 08/03/16 Morning Note B. Riley AM Note: ACLS, ARC, AVP, BLKB, CALD, CARB, FORM, GUID, HDSN, IDCC, IIVI, IMAX, KTOS, LOV, MEI, OCLR, PCTI, PRMW, RLH, RUBI, SHOO, SRI, SUP, TACT, TNAV, TREC
  • 08/03/16 Update IDCC ($59.58, Buy; $73.00 PT): Reports Q2 Results; $200MM Advance from Huawei Boosts Visibility into 2017+ Royalty Trends and Likelihood of Favorable Outcomes from Other Discussions; PT to $73.00
  • 07/27/16 Morning Note B. Riley AM Note: ACLS, ACW, ADI, AKAM, AMAT, AVGO, BOOT, CL, COLM, CTG, DECK, DMRC, DORM, FORM, HZO, IDCC, KTCC, LLTC, LRCX, NTRI, NWL, PRGX, RCKY, RGC, RLH, RNWK, SWKS, UA, VVI, WWW
  • 06/22/16 Morning Note B. Riley AM Note: FINL, IDCC, IMMR, INTC, LLNW, NIKE, NVDA, OSIS, UTEK
  • 06/22/16 Update IDCC ($57.77, Buy; $69.00 PT): Initial Q2 Guide Below Expectations on Huawei Revenue Recognition Delay; Increasingly Positive on Larger Huawei Relationship Opportunity; See Upside to $69.00
  • 06/14/16 Morning Note B. Riley AM Note: APPS, IDCC, INTC; Boardsport (DECK, NKE, VFC)
  • 05/24/16 Morning Note B. Riley AM Note: CKEC, FNJN, GES, IDCC, MESG, SANM, TLYS, WDFC; Footwear (COLM, CROX, DECK, VFC, WEYS, WWW)
  • 05/23/16 Update Industry Update - Media Sector Acquisition Activity is Heating Up...Who Else Could Be Targeted? (AMC, CKEC, CNK, DLB, DWA, DTSI, HEAR, IMAX, IDCC, LGF, MCS, NCMI, OUTR, RNWK, RGC, ROVI, TIVO)
  • 04/29/16 Update IDCC ($57.11, Buy; $69.00 PT): Upside Q1 Results; iPhone Timing/Weakness to Pressure Q2 Results; Remain Optimistic on 2H16/2017 Momentum with Expected Huawei and Other Signings; PT to $69
  • 04/29/16 Morning Note B. Riley AM Note: BC, BCOV, BHE, BLKB, BRKS, CL, CLX, COHU, COLM, COTY, CSGP, EL, ELNK, FLEX, GPX, GRPN, HSKA, IDCC, IPHI, LGF, MCS, NPTN, OUTR, P, PCMI, PRGX, RGC, ROG, SIMO, SQNS, SWKS, TNAV, TYL, VVI, WMAR, WWW; Internet (ABTL, GDDY, PCOM, RUBI, TRUE, WEB, XOXO, YELP)
  • 04/25/16 Update Industry Update: Media Technology Group Earnings Previews – Week of April 25 (DLB, IDCC, ROVI)
  • 04/25/16 Morning Note B. Riley AM Note: COTY, DHX, DMRC, KMB, OUTR, SHOO, SONS, VVI; Internet (AKAM, BCOV, GRPN, LLNW, P), MediaTech (DLB, IDCC, ROVI), Semiconductors (ISIL, SNDK, SLAB, SQNS, SWKS, TXN), SemiCap (BRKS, CSCD, COHU, FORM, KLAC), Software (BLKB, CTG, TYL, TYPE)
  • 04/13/16 Morning Note B. Riley AM Note: APPS, ASML, BOOT, DMD, IDCC, INTC, LLTC, LRCX, MCFT, MXIM, OUTR; Exhibitors (AMC, CKEC, CNK, DWA, IMAX, LGF, MCS, NCMI, RGC), Optical Components (FNSR, IPHI, LITE), The Weiser Consumer (CL, JAKK, MAT, NWL, PG, PRGO, WDFC)
  • 03/21/16 Morning Note B. Riley & Co. AM Note: IDCC, LGF, NKE, NTRI; Exhibitors (AMC, CKEC, CNK, MCS, RGC), Semi. Cap. Equipment (AMAT, ASML, ACLS, BRKS, CAMT, CSCD, COHU, FORM, IVAC, KLAC, KLIC, LRCX, MTSN, RTEC, UTEK, XCRA)
  • 03/14/16 Update IDCC ($52.74, Buy; $65.00 PT): Highlights from B. Riley Hosted Call with InterDigital Management
  • 03/14/16 Morning Note B. Riley AM Note: ACLS, ARTX, CAMT, GCO, HIBB, IDCC, INTC, JBL, KIRK, VVI, WYY, XCRA
  • 03/07/16 Update IDCC ($53.51, Buy; $65.00 PT): Expected Near-Term Resolution of Huawei Royalty Agreement to Boost IDCC’s Balance Sheet, Recurring Revenue Trends and Stance with Remaining Unsigned Handset OEMs
  • 03/07/16 Morning Note B. Riley AM Note: AKAM, HSKA, IDCC, KTOS, PRMW, PSUN, SWKS, TST
  • 02/23/16 Morning Note B. Riley AM Note: ABTL, AMC, AMSWA, AXTI, CHKE, CKEC, CSGP, GPX, HZO, IDCC, MWW, NEWP, NLS, RUBI, SHOO, VSAT
  • 02/23/16 Initiation of Coverage IDCC ($49.47, Buy; $65.00 PT): Leading Developer of Technologies Around Wireless and IoT Standards on Cusp of Accelerating Earnings Growth; Initiating Coverage with a Buy and $65.00 PT