Universal Display (NASDAQ:OLED) Stock Gets Price Target Reduction from Oppenheimer

Universal Display (NASDAQ:OLED) had its target price trimmed by Oppenheimer from $120.00 to $115.00 in a research note issued to investors on Thursday morning, MarketBeat.com reports. The brokerage currently has an outperform rating on the semiconductor company’s stock.

A number of other research firms have also weighed in on OLED. Needham & Company LLC cut their target price on shares of Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Citigroup downgraded Universal Display from a “neutral” rating to a “sell” rating and lowered their price target for the company from $85.00 to $71.00 in a research report on Thursday, October 8th. BTIG Research lowered Universal Display to a “neutral” rating in a research note on Friday, July 31st. Zacks Research upgraded Universal Display from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 13th. Finally, Susquehanna boosted their price objective on Universal Display from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Universal Display has an average rating of “Hold” and a consensus price target of $114.00.

Universal Display Stock Down 1.2%

NASDAQ:OLED opened at $83.92 on Thursday. Universal Display has a 12 month low of $70.77 and a 12 month high of $150.04. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 17.02 and a beta of 1.53. The company’s 50 day moving average is $80.75 and its 200-day moving average is $92.20.

Universal Display (NASDAQ:OLED) last issued its quarterly earnings data on Wednesday, October 28th. The semiconductor company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.10. The business had revenue of $160.43 million during the quarter, compared to analysts’ expectations of $162.72 million. Universal Display had a net margin of 36.74% and a return on equity of 12.20%. Universal Display’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. Research analysts predict that Universal Display will post 4.40 EPS for the current fiscal year.

Universal Display Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, December 17th. Universal Display’s dividend payout ratio (DPR) is currently 40.57%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC acquired a new position in Universal Display in the third quarter worth about $733,000. Covestor Ltd lifted its stake in Universal Display by 55.0% during the third quarter. Covestor Ltd now owns 1,694 shares of the semiconductor company’s stock worth $131,000 after purchasing an additional 601 shares during the period. American Assets Inc. bought a new position in Universal Display during the third quarter worth about $616,000. ARGA Investment Management LP boosted its holdings in Universal Display by 576.6% during the third quarter. ARGA Investment Management LP now owns 22,362 shares of the semiconductor company’s stock valued at $1,723,000 after purchasing an additional 19,057 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Universal Display by 16.8% during the third quarter. ProShare Advisors LLC now owns 90,421 shares of the semiconductor company’s stock valued at $6,966,000 after purchasing an additional 13,015 shares in the last quarter. Institutional investors and hedge funds own 78.19% of the company’s stock.

Universal Display News Summary

Here are the key news stories impacting Universal Display this week:

• Positive Sentiment: Universal Display reported third-quarter adjusted earnings of $1.23 per share, exceeding consensus estimates of approximately $1.13–$1.14 and rising from $0.92 a year earlier. Revenue increased 14.9% year over year to $160.4 million. Universal Display Q3 earnings article
• Positive Sentiment: Management said demand for foldable phones continues to grow, supporting the long-term outlook for OLED materials and technology. The company is also launching OLEDX and NovaJet, which could provide future growth opportunities. Foldable phone demand article
• Positive Sentiment: The board declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a yield of roughly 2.4%. The payment is scheduled for December 31, 2026, for shareholders of record on December 17. Universal Display dividend announcement
• Neutral Sentiment: Oppenheimer reduced its price target from $120 to $115 but maintained an “outperform” rating, implying substantial potential upside from recent trading levels. Oppenheimer rating information
• Negative Sentiment: Third-quarter revenue of $160.4 million fell short of the approximately $162.7 million consensus estimate, offsetting the earnings beat and likely reinforcing concerns about near-term demand.
• Negative Sentiment: Universal Display maintained 2026 revenue guidance of $630 million–$670 million, but management expects results toward the low end of the range. The midpoint is above consensus, yet the low-end expectation signals limited near-term momentum as new products launch. Universal Display 2026 guidance article

About Universal Display

Universal Display Corporation (NASDAQ: OLED) develops and commercializes technologies and materials used in organic light-emitting diode (OLED) displays and lighting. The company’s portfolio includes phosphorescent OLED (PHOLED) materials, which are designed to improve display efficiency, along with OLED research, development and manufacturing technologies.

Universal Display supplies OLED emitter materials and related products to display manufacturers and licenses its intellectual property and technology.