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. 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.’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. operates as a global R&D company that focuses on wireless, visual, AI, and related technologies.
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This article is originally published at Insider Monkey.
