Zacks Research Cuts Earnings Estimates for Universal Display

Universal Display Corporation (NASDAQ:OLED) – Stock analysts at Zacks Research lowered their FY2026 earnings estimates for Universal Display in a report issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings per share of $4.13 for the year, down from their prior forecast of $4.15. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Universal Display’s current full-year earnings is $4.18 per share. Zacks Research also issued estimates for Universal Display’s Q4 2026 earnings at $1.19 EPS, Q1 2027 earnings at $0.96 EPS, Q2 2027 earnings at $1.12 EPS, Q4 2027 earnings at $1.36 EPS, FY2027 earnings at $4.81 EPS and Q1 2028 earnings at $1.14 EPS.

A number of other equities research analysts also recently issued reports on OLED. Weiss Ratings downgraded shares of Universal Display from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Needham & Company LLC decreased their target price on Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Susquehanna lowered their target price on Universal Display from $110.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Roth Capital set a $168.00 price target on shares of Universal Display in a report on Friday, May 1st. Finally, Oppenheimer restated an “outperform” rating and set a $120.00 price target (down from $130.00) on shares of Universal Display in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $116.33.

Universal Display Trading Down 0.0%

Shares of Universal Display stock opened at $86.50 on Friday. Universal Display has a 12-month low of $76.42 and a 12-month high of $153.38. The company has a market capitalization of $3.98 billion, a P/E ratio of 20.94 and a beta of 1.54. The stock has a fifty day simple moving average of $84.51 and a 200 day simple moving average of $93.95.

Universal Display (NASDAQ:OLED) last posted its earnings results on Thursday, July 30th. The semiconductor company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $152.16 million for the quarter, compared to analyst estimates of $157.54 million. Universal Display had a net margin of 32.24% and a return on equity of 11.35%. The firm’s revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.41 EPS.

Universal Display Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. Universal Display’s payout ratio is presently 48.43%.

Institutional Trading of Universal Display

Hedge funds and other institutional investors have recently made changes to their positions in the stock. XXEC Inc. bought a new position in Universal Display in the 2nd quarter valued at $2,508,286,000. BlackRock Inc. bought a new position in shares of Universal Display in the second quarter worth $373,931,000. Primecap Management Co. CA bought a new position in shares of Universal Display in the second quarter worth $190,136,000. State Street Corp raised its position in shares of Universal Display by 4.3% in the fourth quarter. State Street Corp now owns 1,694,779 shares of the semiconductor company’s stock worth $197,916,000 after buying an additional 69,163 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Universal Display by 25.0% in the fourth quarter. Geode Capital Management LLC now owns 1,109,077 shares of the semiconductor company’s stock worth $129,537,000 after buying an additional 222,108 shares in the last quarter. 78.19% of the stock is currently owned by institutional investors.

About Universal Display

Universal Display Corporation (NASDAQ: OLED) is a technology company specializing in organic light-emitting diode (OLED) solutions. The company develops and commercializes materials, technologies and software used in the creation of OLED displays and lighting. Its offerings include proprietary phosphorescent OLED (PHOLED) materials, display driver integrated circuits and process technologies that enable higher efficiency, longer lifetimes and improved color performance for a range of display and lighting applications.

Universal Display’s core business is licensing its extensive OLED patent portfolio to display manufacturers and providing them with the key organic materials needed for device fabrication.