Zacks Research Issues Positive Forecast for OLED Earnings

Universal Display Corporation (NASDAQ:OLED) – Analysts at Zacks Research boosted their Q3 2026 EPS estimates for shares of Universal Display in a research note issued to investors on Thursday, August 20th. Zacks Research analyst Team now expects that the semiconductor company will post earnings of $1.13 per share for the quarter, up from their prior forecast of $1.10. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Universal Display’s current full-year earnings is $4.17 per share. Zacks Research also issued estimates for Universal Display’s Q3 2027 earnings at $1.36 EPS, Q2 2028 earnings at $1.11 EPS and FY2028 earnings at $5.19 EPS.

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

Several other equities research analysts have also recently weighed in on the company. BTIG Research cut Universal Display to a “neutral” rating in a research report on Friday, July 31st. Weiss Ratings cut shares of Universal Display from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Oppenheimer reissued an “outperform” rating and issued a $120.00 price target (down from $130.00) on shares of Universal Display in a report on Friday, July 31st. Roth Capital set a $168.00 target price on shares of Universal Display in a research note on Friday, May 1st. Finally, Citigroup decreased their target price on Universal Display from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $116.33.

Universal Display Stock Down 1.3%

OLED opened at $84.71 on Monday. The stock’s 50 day moving average price is $84.23 and its two-hundred day moving average price is $93.50. The firm has a market capitalization of $3.89 billion, a P/E ratio of 20.51 and a beta of 1.54. Universal Display has a 12-month low of $76.42 and a 12-month high of $153.38.

Universal Display Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.50 per share. The ex-dividend date is Wednesday, September 16th. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. Universal Display’s dividend payout ratio (DPR) is currently 48.43%.

Institutional Investors Weigh In On Universal Display

A number of institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC lifted its position in shares of Universal Display by 1.7% during the 3rd quarter. Lido Advisors LLC now owns 5,783 shares of the semiconductor company’s stock worth $831,000 after buying an additional 95 shares during the period. Sigma Planning Corp grew its position in Universal Display by 1.0% in the fourth quarter. Sigma Planning Corp now owns 10,390 shares of the semiconductor company’s stock valued at $1,210,000 after acquiring an additional 103 shares during the period. Certuity LLC raised its stake in Universal Display by 4.3% during the third quarter. Certuity LLC now owns 2,556 shares of the semiconductor company’s stock worth $367,000 after acquiring an additional 105 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Universal Display by 5.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,999 shares of the semiconductor company’s stock worth $287,000 after acquiring an additional 108 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of Universal Display by 0.8% during the third quarter. Public Employees Retirement System of Ohio now owns 13,979 shares of the semiconductor company’s stock valued at $2,008,000 after acquiring an additional 113 shares during the period. 78.19% of the stock is owned by institutional investors and hedge funds.

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.