Roth Capital Predicts Lower Earnings for Universal Display

Universal Display Co. (NASDAQ:OLED - Free Report) - Analysts at Roth Capital lowered their Q3 2026 earnings per share estimates for shares of Universal Display in a note issued to investors on Thursday, May 1st. Roth Capital analyst S. Searle now forecasts that the semiconductor company will post earnings of $1.44 per share for the quarter, down from their prior forecast of $1.53. The consensus estimate for Universal Display's current full-year earnings is $4.71 per share. Roth Capital also issued estimates for Universal Display's Q4 2026 earnings at $1.76 EPS and FY2026 earnings at $5.62 EPS.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group decreased their target price on Universal Display from $234.00 to $203.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Roth Mkm raised their target price on shares of Universal Display from $207.00 to $213.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Citigroup cut their price target on shares of Universal Display from $200.00 to $162.00 and set a "neutral" rating for the company in a research note on Monday, February 10th. StockNews.com upgraded shares of Universal Display from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $170.00 target price on shares of Universal Display in a research report on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $190.43.

Universal Display Stock Up 1.1 %

Shares of OLED stock traded up $1.55 on Monday, reaching $143.65. The company's stock had a trading volume of 80,334 shares, compared to its average volume of 577,288. The company has a market capitalization of $6.83 billion, a P/E ratio of 30.89, a PEG ratio of 1.61 and a beta of 1.46. Universal Display has a 12-month low of $103.70 and a 12-month high of $237.00. The stock's 50 day simple moving average is $134.69 and its 200-day simple moving average is $150.90.

Universal Display (NASDAQ:OLED - Get Free Report) last posted its earnings results on Thursday, May 1st. The semiconductor company reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.07 by $0.28. Universal Display had a net margin of 34.29% and a return on equity of 15.51%. The business had revenue of $166.28 million for the quarter, compared to analyst estimates of $154.76 million. During the same quarter in the prior year, the firm posted $1.19 EPS. Universal Display's revenue was up .6% on a year-over-year basis.

Universal Display Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, June 16th. Universal Display's payout ratio is presently 37.42%.

Institutional Trading of Universal Display

Several institutional investors have recently added to or reduced their stakes in the business. CIBC Asset Management Inc boosted its holdings in Universal Display by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 1,473 shares of the semiconductor company's stock valued at $215,000 after acquiring an additional 73 shares during the period. CIBC Private Wealth Group LLC lifted its position in Universal Display by 5.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,615 shares of the semiconductor company's stock valued at $245,000 after purchasing an additional 85 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Universal Display by 0.7% during the fourth quarter. Arizona State Retirement System now owns 13,065 shares of the semiconductor company's stock valued at $1,910,000 after purchasing an additional 88 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of Universal Display by 0.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,091 shares of the semiconductor company's stock worth $1,475,000 after purchasing an additional 90 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Universal Display by 3.8% in the first quarter. Bessemer Group Inc. now owns 2,603 shares of the semiconductor company's stock worth $363,000 after buying an additional 95 shares during the period. 78.19% of the stock is currently owned by hedge funds and other institutional investors.

About Universal Display

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand.