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IDCC - InterDigital, Inc.

Analyst Downgrade Signal for 04-01-2024
Analyst Downgrade Signal: IDCC from Buy to Underperform by BofA Securities
Price Target: $140>>100



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 04-01-2024
Symbol: IDCC - InterDigital, Inc.
Sector: Communication Services
Industry: Telecom Services
Analyst Downgrade Signal: IDCC from Buy to Underperform by BofA Securities
Price Target: $140>>100

  IDCC Technical Chart

Company Contact

InterDigital, Inc. (IDCC)
200 Bellevue Parkway, Suite 300
Wilmington, DELAWARE 19809-3727
Phone: 13022813600
Website: http://www.interdigital.com
CEO: Mr. William Merritt


Company Profile

InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G NR, LTE-Advanced, and cellular Internet of Things (IoT) areas, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. It also provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. The company's patented technologies are used in various products that include cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment, which comprise base stations; components, dongles, and modules for wireless devices; and IoT devices and software platforms. As of December 31, 2019, it had a portfolio of approximately 32,000 patents and patent applications related to wireless communications, video encoding, display technology, and other areas. The company was founded in 1972 and is headquartered in Wilmington, Delaware.