Roth Capital notes InterDigital (IDCC) announced a new license agreement with LG and provided initial 2026 guidance above Street consensus. The upside is related to a recent win with LG and a smartphone renewal with a major Chinese vendor. This also places Q1 to be ahead of the $156M consensus, Roth adds. With the recent selloff and continued streaming momentum, the firm maintains a Buy rating on the shares.
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Read More on IDCC:
- InterDigital sees FY26 EPS $8.74-$11.84, consensus $10.11
- InterDigital signs new patent license agreement with LG Electronics
- InterDigital Renews Major Chinese Vendor Licensing Agreement
- InterDigital participates in a conference call with Roth Capital
- InterDigital’s Legal Triumphs and Growth Potential Drive Buy Recommendation