InterDigital (IDCC) Announces Outlook for FY 2026

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 between $5.77 – $8.51.

Elsewhere, on January 20, the company highlighted that a new agreement with LG Electronics licenses LG’s computer display monitors and digital TVs under InterDigital, Inc. (NASDAQ:IDCC)’s joint licensing program with Sony. Notably, it also includes licenses to technologies such as ATSC 3.0, Wi-Fi, and video codecs.

On January 20, Roth Capital reiterated a “Buy” rating on the company’s stock with a price objective of $425. The firm noted the company’s agreement with LG.

InterDigital, Inc. (NASDAQ:IDCC) operates as a global R&D company that focuses on wireless, visual, AI, and related technologies.

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Disclosure: None. This article is originally published at Insider Monkey.