IDCC Is Down 32% in 130 Days. What History Says Now.

InterDigital Is Down 32% in 131 Days. What History Says.

The last time InterDigital, Inc. (IDCC) reached a drawdown severity level this extreme, it marked a significant shift in the stock's long-term risk profile. As of May 11, 2026, the company has officially crossed from the yellow zone into the red zone, signaling that the current sell-off has surpassed standard market noise and entered a period of heightened volatility. Our data shows that this transition represents a move into the most severe tier of price erosion for the asset.

Analyzing the Current Move to the Red Zone

As of May 11, 2026, InterDigital, Inc. (IDCC) is trading at $269.58. This price reflects a -32.0% decline from its all-time high of $396.54. The sell-off has persisted for 131 days, a duration that is beginning to approach the company's historical average drawdown length.

The Drawdown Severity Score™ currently stands at 5.4. This score is categorized as "Strong" and places the stock firmly in the red zone. This indicates that the current price action is significantly more intense than the average historical pullback for this asset. Our data shows that the average max drawdown for InterDigital, Inc. (IDCC) is typically -8.3%. At -32.0%, the current decline is nearly four times the historical norm.

Historical Context and Comparable Events

To understand the current risk, we must look at how the stock has behaved over its entire trading history. We have tracked a total of 82 historical drawdown events for this asset. While minor pullbacks are frequent, drops of this magnitude are relatively rare.

Historically, the average drawdown duration for InterDigital, Inc. (IDCC) is 176 days. The current event has lasted 131 days, suggesting we are still within the window of a typical recovery cycle, though the depth of the drop is atypical. When the Drawdown Severity Score™ reaches these levels, the recovery path often becomes more complex.

Our data reveals that InterDigital, Inc. (IDCC) has dropped by 70% or more exactly 3 times in its history. These extreme events are rare, representing a small sample size of the total 82 events tracked. However, they provide a sobering look at the asset's potential floor during periods of maximum distress.

For those 3 extreme instances, the average duration of the drawdown was 3,634 days. It is important to note that the current -32.0% drawdown is not yet in that 70% category. However, the Drawdown Severity Score™ of 5.4 serves as a quantitative marker that the stock has left the "normal" correction phase and is testing deeper historical support levels.

Understanding the Drawdown Severity Score™

The move from the yellow zone to the red zone is a critical transition in our monitoring framework. The yellow zone represents a period of caution where a stock is underperforming but remains within a range that could be considered a standard correction. Once the Drawdown Severity Score™ triggers a red zone alert, our data indicates that the asset is experiencing a high-velocity sell-off that often requires a significant catalyst to reverse.

In the case of InterDigital, Inc. (IDCC), the current -32.0% drawdown is particularly notable because of how quickly it has diverged from the average max drawdown of -8.3%. When a stock exceeds its average drawdown by such a wide margin, the Drawdown Severity Score™ increases to reflect the increased probability of a prolonged recovery period.

Statistical Perspective Across Assets

When comparing InterDigital, Inc. (IDCC) to other stocks in the same asset class, a Drawdown Severity Score™ of 5.4 ranks in the upper percentiles of risk. Most equities spend the majority of their time in the green or yellow zones. A transition into the red zone usually coincides with a shift in fundamental sentiment or a broader sector rotation that disproportionately affects high-growth or intellectual property-heavy firms.

We have observed that stocks in the red zone often exhibit higher intraday volatility. The price of $269.58 is the specific level the market has found as of May 11, 2026, but the Drawdown Severity Score™ suggests that the "gravity" of the all-time high at $396.54 is weakening. Investors often use these zones to gauge whether a stock is experiencing a routine dip or a fundamental repricing.

Looking Ahead Based on Historical Patterns

History suggests that InterDigital, Inc. (IDCC) is currently in a period of price discovery. While the 131-day duration is shorter than the historical average of 176 days, the depth of the -32.0% drop is the primary concern. In past cycles where the severity reached these levels, the stock required a period of stabilization before the drawdown duration concluded.

Our data shows that the road back to the all-time high of $396.54 typically involves a decrease in the Drawdown Severity Score™ back toward the yellow and green zones before price recovery accelerates. Monitoring the movement of the severity score can provide context on whether the selling pressure is exhausting or if the red zone status will persist.

The proprietary data we track allows us to see that while 82 drawdown events have occurred, very few reach the current level of 5.4. This puts the current price action in a specific historical bucket that investors can use to contextualize their own risk tolerance.