IDCC
InterDigital, Inc.
IDCC has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over IDCC overall, supported by stronger fundamentals and stronger valuation.
IDCC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
IDCC's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
IDCC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $137 | -54% |
| Fair | 25x | $221 | -25% |
| Current | 33x | $295 | — |
| Forward | 45x | $295 | — |
| Expensive | 65x | $579 | +96% |
Historical ranges are pointers, not guarantees.
IDCC's PE is in its fair range at 33x. On analysts' estimates for next year's earnings, today's price would be 45x, in its expensive range.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over IDCC in the historical PE scenario, which offers more potential upside but is not a forecast.
IDCC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect IDCC's earnings to grow and its profitability to improve, with its revenue holding steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over IDCC on the outlook, with more favorable valuation and revenue expectations.
IDCC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.58 | -26% |
| Q3 2026 | $8.95 | -40% |
| Q2 2026 | $8.54 | -39% |
| Q1 2026 | $10.49 | -17% |
| Q4 2025 | $11.80 | -2.2% |
| Q3 2025 | $14.85 | +57% |
| Q2 2025 | $14.06 | +40% |
| Q1 2025 | $12.64 | +83% |
| Q4 2024 | $12.07 | +58% |
IDCC's earnings per share have fallen from their peak: $8.95 over the past year, against $14.85 in late 2025.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over IDCC in the latest year-over-year earnings comparison.
IDCC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $193.4M | +17% |
| Q2 2026 | $260.2M | -13% |
| Q1 2026 | $205.4M | -2.4% |
| Q4 2025 | $158.2M | -37% |
| Q3 2025 | $164.7M | +28% |
| Q2 2025 | $300.6M | +34% |
| Q1 2025 | $210.5M | -20% |
| Q4 2024 | $252.8M | +140% |
IDCC's revenue is recovering but still below its 2025 peak: $193M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 51% | +5.3 points |
| Q2 2026 | 54% | -15 points |
| Q1 2026 | 40% | -23 points |
| Q4 2025 | 30% | -34 points |
| Q3 2025 | 46% | +16 points |
| Q2 2025 | 68% | +8.4 points |
| Q1 2025 | 63% | +23 points |
| Q4 2024 | 64% | +40 points |
IDCC's operating margin was 51% last quarter, up 5.3 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over IDCC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over IDCC on profitability, with a higher operating margin.
IDCC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $149.4M | -62% |
| Q2 2026 | $80.9M | -23% |
| Q1 2026 | $15.2M | +$49.7M |
| Q4 2025 | $63.2M | -66% |
| Q3 2025 | $395.3M | +415% |
| Q2 2025 | $104.5M | +$154M |
| Q1 2025 | -$34.5M | -169% |
| Q4 2024 | $188.1M | +$212.8M |
IDCC still generates free cash flow, though less than at its 2025 peak: $309M over the past year.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over IDCC on cash flow, with more consistent year-over-year improvement.
IDCC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -46K shares |
| 1 year | +1.4% | +489K shares |
| 3 years | +24% | +6.6M shares |
| 5 years | +9.7% | +3M shares |
| Available history | +7.6% | +2.4M shares |
IDCC has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18.7M |
| Q2 2026 | $23M |
| Q1 2026 | $8.2M |
| Q4 2025 | $35.7M |
| Q3 2025 | $35.3M |
| Q2 2025 | $26.2M |
| Q1 2025 | $5.2M |
| Q4 2024 | — |
IDCC spent $86M buying back its own shares over the past year, up 28% from the year before.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
IDCC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.7x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
IDCC has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
IDCC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.8 | Neutral |
| Stochastic | 27.0 | Neutral |
IDCC's weekly RSI is 45 (neutral) and its Stochastic is 27 (neutral).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
IDCC PE vs Technology Sector
| Metric | IDCC | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 28x | 18% above |
| PE % | 64 | 35 | 29 pts above |
IDCC is trading at 33x earnings, a 18% premium to the Technology sector's median of 28x.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over IDCC on valuation relative to its sector.
IDCC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $317.4 | 6.9% below |
| 20 week MA | $314.3 | 6% below |
| 50 week MA | $318.9 | 7.4% below |
| 100 week MA | $284.1 | 4% above |
| 200 week MA | $195.1 | 51% above |
IDCC has stronger trend alignment. IDCC is above 2 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
IDCC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $55.0 | $61.2 | +11% |
| 2021 | $61.2 | $72.6 | +19% |
| 2022 | $72.6 | $49.7 | -32% |
| 2023 | $49.7 | $108.5 | +118% |
| 2024 | $108.5 | $194.9 | +80% |
| 2025 | $194.9 | $330.7 | +70% |
| 2026 YTD | $330.7 | $295.4 | -11% |
IDCC has finished higher in five of the last six years, three of them by more than 50%. It's down 11% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over IDCC on returns for 2026, with the stronger performance.