Screened 2026-09-16 · the tape above runs as of 15:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
InterDigital, Inc. holds its Markdown at $328.72. The statistical read favours the buyers, held for 19 days.
As held on the ledger · 2026-09-16
Phase
Markdown · caution
Quantitative state
The statistical read favours the buyers, held for 19 days
Price at the screen
$328.72
Valuation
38.63 trailing · 28.37 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.42
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
23.65%
Below 33%
Interest-bearing debt is just 23.7% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
24.42%
Below 33%
Cash held in interest-bearing accounts and securities is 24.4% of assets, under the one-third limit.
Pass
Receivables
39.18%
Below 49%
Money owed to the company is 39.2% of assets, under the 49% limit.
Pass
Revenue purity
4.80%
Below 5%
Only 4.8% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. A 18.1% margin of safety to the base estimate.
Third-party analyst targets: 3 covering, consensus Strong Buy. The average target sits +44% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Wireless tech licensing shows high margins but no growth
Every smartphone call or video stream quietly depends on layers of patented wireless and AI tech that companies license rather than build themselves. InterDigital sits in that middle layer, turning research spend into royalty streams across communications networks.
The business clears a 44% profit margin and 36% return on equity, yet revenue fell 2% and forward earnings sit at 23.2 times. Our fair value sits 19% above the current price, but the opportunity rating remains none because the numbers do not show durable expansion or a clear edge.
Licensing deals can vanish when contracts end or courts shift, and an unknown moat leaves little protection if larger players design around the patents. Three analysts see much higher targets, yet the flat top line keeps us on the sidelines.
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
IDCC trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 10.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (3 analysts) rates it none, with a mean price target of $463.
2026-08-02Markdown · changed$303.33+6.9%Entry 4
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 6.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (3 analysts) rates it none, with a mean price target of $463.
2026-07-18Distribution$283.73+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (3 analysts) rates it none, with a mean price target of $463.
2026-07-03Distribution$283.73+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$283.73Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
