Added to YB: 2024-07-16
Pitch date: 2024-07-15
IDCC [bullish]
InterDigital, Inc.
+159.11%
current return
Author Info
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Company Info
InterDigital, Inc. operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies.
Market Cap
$7.8B
Pitch Price
$121.30
Price Target
N/A
Dividend
0.93%
EV/EBITDA
12.86
P/E
25.59
EV/Sales
8.40
Sector
Software
Category
growth
Interdigital ($IDCC): Connecting the world
IDCC: Leading wireless/video tech R&D co. 40-50% net margin. $2.5B contracts, 99% renewal. 85% smartphone, 15% CE/IoT. TAM: $255-675M mobile, $40-200M CE/IoT. Strong patent portfolio (30k+), top 3-4 in SEPs. Low-hanging fruit: China OEMs, connected cars. Risks: patent regime changes, customer concentration. Trading at ~10x P/E on potential $320M net profit.
Read full article (16 min)