ETF Outflow Warning: SPSM, BWA, IDCC, CTRE
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 05 2025
0mins
Should l Buy IDCC?
Source: NASDAQ.COM
SPSM Share Price Analysis: SPSM's share price is currently at $47.62, with a 52-week low of $34.79 and a high of $48.99, indicating a relatively stable position within its trading range.
Understanding ETFs: Exchange-traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Monitoring ETF Flows: Weekly analysis of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), which can affect the individual components held within those ETFs.
Disclaimer on Views: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
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Analyst Views on IDCC
Wall Street analysts forecast IDCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IDCC is 386.67 USD with a low forecast of 260.00 USD and a high forecast of 475.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 363.900
Low
260.00
Averages
386.67
High
475.00
Current: 363.900
Low
260.00
Averages
386.67
High
475.00
About IDCC
InterDigital, Inc. is a global research and development company focused primarily on wireless, video, artificial intelligence (AI), and related technologies. It designs and develops foundational technologies that enable connected, immersive experiences in a range of communications and entertainment products and services. The Company licenses its innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, Internet of Things (IoT) devices, cars and other motor vehicles and providers of cloud-based services such as video streaming. It focuses on wireless technology, which is used in wireless products and networks, from the earliest digital cellular systems to fifth generation (5G) and advanced Wi-Fi technologies. The Company also focuses on video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
InterDigital Re-elects Atle Monrad as Chair of 3GPP SA6
- Leadership Confirmation: Atle Monrad's re-election as Chair of the 3GPP SA6 working group underscores his deep technical expertise and leadership in advancing 5G and 6G service architecture standardization, which is expected to enhance industry recognition of next-generation network value.
- Service Architecture Development: During Monrad's second term, SA6 will focus on defining service frameworks and requirements to support the development of 6G systems, ensuring that network capabilities can be effectively leveraged by vertical industries and public safety organizations.
- Industry Influence: Monrad has significantly contributed to 3GPP since 2001, holding multiple senior leadership roles and driving the development of standards across GSM, UMTS, LTE, and 5G, further solidifying InterDigital's leadership position in wireless technology.
- Innovation Drive: InterDigital focuses on R&D in wireless, video, and AI technologies, aiming to design foundational technologies for connected and immersive experiences, and is expected to drive advancements in global communication and entertainment products through its innovation licensing.
See More
InterDigital Sues Hisense and TCL for IP Infringement
- IP Litigation Initiated: InterDigital has filed lawsuits against Hisense and TCL, alleging infringement of its intellectual property related to its joint TV licensing program with Sony, specifically concerning HEVC, VP9, and AV1 video compression technologies, demonstrating the company's commitment to protecting its innovations.
- Global Legal Action: The lawsuits have been initiated in the Munich Local Division of the Unified Patent Court, the Rio de Janeiro State Court, and the Delhi High Court, indicating InterDigital's proactive stance in enforcing its IP rights on a global scale to prevent Hisense and TCL from exploiting its technologies without compensation.
- Industry Impact: As top-five global TV manufacturers, Hisense and TCL's reliance on InterDigital's research means that a successful lawsuit could significantly disrupt their business models, potentially encouraging other competitors to adhere to licensing agreements as well.
- Legal Officer's Statement: InterDigital's Chief Legal Officer, Josh Schmidt, emphasized that Hisense and TCL must not be allowed to continue infringing on its IP, particularly as many of their competitors have already taken licenses, highlighting the company's leadership position and commitment to innovation in the industry.
See More
InterDigital and Razer Establish Haptic Excellence Center for Enhanced Media Experiences
- Haptic Technology Innovation: The establishment of the Haptic Excellence Center by InterDigital and Razer aims to foster innovation and education in haptic technology, with projections indicating that 53% of consumer devices will be haptic-enabled by 2028, thereby enhancing user media experiences.
- Significant Market Potential: As of the end of 2024, there were approximately 4.1 billion haptic-enabled consumer devices globally, indicating a growing prevalence of haptic technology in digital devices, which is set to become a crucial component of immersive experiences.
- Education and Collaboration: The center will collaborate with universities to advance experimentation and education in haptic content, addressing the technological barriers that currently limit the large-scale deployment of immersive haptic experiences, while promoting industry standardization and innovation.
- Strategic Partnership Significance: Through collaboration with Razer, InterDigital is not only establishing an open framework in the haptic technology space but also advancing applied research for large-scale deployment, aiming to redefine how users engage with digital content and enhance overall user experiences.
See More
InterDigital Reports Strong Q4 2025 Earnings with Strategic Licensing Growth
- Revenue Beat: InterDigital reported total revenue of $158 million for Q4 2025, exceeding the outlook range of $144 million to $148 million, primarily driven by a new CE device licensing agreement with a significant social media company, showcasing strong market performance.
- Patent Portfolio Expansion: The company achieved a 14% year-over-year growth in its patent portfolio, surpassing 38,000 granted patents and applications, further solidifying its leadership in AI and 6G standards, which is expected to drive future revenue growth and market competitiveness.
- Strengthened Strategic Partnerships: The licensing agreement with Samsung has been extended to 2030, alongside new deals with Vivo, Honor, and LG Electronics, resulting in InterDigital now licensing 8 of the top 10 smartphone manufacturers, covering approximately 85% of the market share, enhancing its market position.
- Optimistic Outlook: Management guided for total revenue in 2026 to be between $675 million and $775 million, with adjusted EBITDA ranging from $381 million to $477 million, indicating growth potential driven by ongoing contract renewals and new agreements, with a target of reaching $1 billion in annual recurring revenue by 2030.
See More
InterDigital Q4 Earnings Exceed Expectations
- Earnings Beat: InterDigital reported a Q4 non-GAAP EPS of $2.12, surpassing expectations by $0.34, indicating strong profitability despite a 37.4% year-over-year revenue decline to $158.2 million, which still exceeded forecasts by $7.6 million, showcasing resilience in the market.
- Outlook Guidance: The company projects Q1 2026 revenue between $194 million and $200 million, exceeding the consensus of $167.28 million, reflecting confidence in future revenue growth, although this outlook excludes results from new agreements or enforcement actions.
- Long-Term Growth Potential: For the full year 2026, revenue is expected to range from $675 million to $775 million, above the consensus of $693 million, indicating that the company anticipates stable growth through contributions from existing licenses and new agreements, further solidifying its market position.
- Profitability Improvement: The projected non-GAAP EPS for Q1 2026 is between $2.39 and $2.68, exceeding the consensus of $2.33, demonstrating ongoing improvements in profitability and enhancing investor confidence in the company's future performance.
See More
InterDigital to Announce Q4 Earnings on February 5th
- Earnings Announcement: InterDigital (IDCC) is set to release its Q4 earnings on February 5th before market open, with a consensus EPS estimate of $1.78, reflecting a significant year-over-year decline of 65.4%, indicating substantial profitability challenges ahead.
- Revenue Decline: The consensus revenue estimate stands at $150.6 million, down 40.4% year-over-year, which suggests a cautious market outlook on InterDigital's growth potential, potentially affecting investor confidence.
- Historical Performance: Over the past two years, InterDigital has beaten EPS estimates 88% of the time and revenue estimates 100% of the time, although recent downward revisions in both EPS and revenue forecasts indicate a shift in market sentiment regarding the company's stability.
- Revision Trends: In the last three months, there have been no upward revisions for EPS estimates, with two downward adjustments, while revenue estimates also saw no upward revisions and three downward adjustments, reflecting a weakening confidence among analysts regarding the company's future performance.
See More
InterDigital Re-elects Atle Monrad as Chair of 3GPP SA6
- Leadership Confirmation: Atle Monrad's re-election as Chair of the 3GPP SA6 working group underscores his deep technical expertise and leadership in advancing 5G and 6G service architecture standardization, which is expected to enhance industry recognition of next-generation network value.
- Service Architecture Development: During Monrad's second term, SA6 will focus on defining service frameworks and requirements to support the development of 6G systems, ensuring that network capabilities can be effectively leveraged by vertical industries and public safety organizations.
- Industry Influence: Monrad has significantly contributed to 3GPP since 2001, holding multiple senior leadership roles and driving the development of standards across GSM, UMTS, LTE, and 5G, further solidifying InterDigital's leadership position in wireless technology.
- Innovation Drive: InterDigital focuses on R&D in wireless, video, and AI technologies, aiming to design foundational technologies for connected and immersive experiences, and is expected to drive advancements in global communication and entertainment products through its innovation licensing.
See More
InterDigital Sues Hisense and TCL for IP Infringement
- IP Litigation Initiated: InterDigital has filed lawsuits against Hisense and TCL, alleging infringement of its intellectual property related to its joint TV licensing program with Sony, specifically concerning HEVC, VP9, and AV1 video compression technologies, demonstrating the company's commitment to protecting its innovations.
- Global Legal Action: The lawsuits have been initiated in the Munich Local Division of the Unified Patent Court, the Rio de Janeiro State Court, and the Delhi High Court, indicating InterDigital's proactive stance in enforcing its IP rights on a global scale to prevent Hisense and TCL from exploiting its technologies without compensation.
- Industry Impact: As top-five global TV manufacturers, Hisense and TCL's reliance on InterDigital's research means that a successful lawsuit could significantly disrupt their business models, potentially encouraging other competitors to adhere to licensing agreements as well.
- Legal Officer's Statement: InterDigital's Chief Legal Officer, Josh Schmidt, emphasized that Hisense and TCL must not be allowed to continue infringing on its IP, particularly as many of their competitors have already taken licenses, highlighting the company's leadership position and commitment to innovation in the industry.
See More
InterDigital and Razer Establish Haptic Excellence Center for Enhanced Media Experiences
- Haptic Technology Innovation: The establishment of the Haptic Excellence Center by InterDigital and Razer aims to foster innovation and education in haptic technology, with projections indicating that 53% of consumer devices will be haptic-enabled by 2028, thereby enhancing user media experiences.
- Significant Market Potential: As of the end of 2024, there were approximately 4.1 billion haptic-enabled consumer devices globally, indicating a growing prevalence of haptic technology in digital devices, which is set to become a crucial component of immersive experiences.
- Education and Collaboration: The center will collaborate with universities to advance experimentation and education in haptic content, addressing the technological barriers that currently limit the large-scale deployment of immersive haptic experiences, while promoting industry standardization and innovation.
- Strategic Partnership Significance: Through collaboration with Razer, InterDigital is not only establishing an open framework in the haptic technology space but also advancing applied research for large-scale deployment, aiming to redefine how users engage with digital content and enhance overall user experiences.
See More
InterDigital Reports Strong Q4 2025 Earnings with Strategic Licensing Growth
- Revenue Beat: InterDigital reported total revenue of $158 million for Q4 2025, exceeding the outlook range of $144 million to $148 million, primarily driven by a new CE device licensing agreement with a significant social media company, showcasing strong market performance.
- Patent Portfolio Expansion: The company achieved a 14% year-over-year growth in its patent portfolio, surpassing 38,000 granted patents and applications, further solidifying its leadership in AI and 6G standards, which is expected to drive future revenue growth and market competitiveness.
- Strengthened Strategic Partnerships: The licensing agreement with Samsung has been extended to 2030, alongside new deals with Vivo, Honor, and LG Electronics, resulting in InterDigital now licensing 8 of the top 10 smartphone manufacturers, covering approximately 85% of the market share, enhancing its market position.
- Optimistic Outlook: Management guided for total revenue in 2026 to be between $675 million and $775 million, with adjusted EBITDA ranging from $381 million to $477 million, indicating growth potential driven by ongoing contract renewals and new agreements, with a target of reaching $1 billion in annual recurring revenue by 2030.
See More
InterDigital Q4 Earnings Exceed Expectations
- Earnings Beat: InterDigital reported a Q4 non-GAAP EPS of $2.12, surpassing expectations by $0.34, indicating strong profitability despite a 37.4% year-over-year revenue decline to $158.2 million, which still exceeded forecasts by $7.6 million, showcasing resilience in the market.
- Outlook Guidance: The company projects Q1 2026 revenue between $194 million and $200 million, exceeding the consensus of $167.28 million, reflecting confidence in future revenue growth, although this outlook excludes results from new agreements or enforcement actions.
- Long-Term Growth Potential: For the full year 2026, revenue is expected to range from $675 million to $775 million, above the consensus of $693 million, indicating that the company anticipates stable growth through contributions from existing licenses and new agreements, further solidifying its market position.
- Profitability Improvement: The projected non-GAAP EPS for Q1 2026 is between $2.39 and $2.68, exceeding the consensus of $2.33, demonstrating ongoing improvements in profitability and enhancing investor confidence in the company's future performance.
See More
InterDigital to Announce Q4 Earnings on February 5th
- Earnings Announcement: InterDigital (IDCC) is set to release its Q4 earnings on February 5th before market open, with a consensus EPS estimate of $1.78, reflecting a significant year-over-year decline of 65.4%, indicating substantial profitability challenges ahead.
- Revenue Decline: The consensus revenue estimate stands at $150.6 million, down 40.4% year-over-year, which suggests a cautious market outlook on InterDigital's growth potential, potentially affecting investor confidence.
- Historical Performance: Over the past two years, InterDigital has beaten EPS estimates 88% of the time and revenue estimates 100% of the time, although recent downward revisions in both EPS and revenue forecasts indicate a shift in market sentiment regarding the company's stability.
- Revision Trends: In the last three months, there have been no upward revisions for EPS estimates, with two downward adjustments, while revenue estimates also saw no upward revisions and three downward adjustments, reflecting a weakening confidence among analysts regarding the company's future performance.
See More
