Universal Display (NASDAQ:OLED) Price Target Cut to $130.00 by Analysts at Oppenheimer

Key Points

• Oppenheimer cut its price target to $130 (from $160) but kept an "outperform" rating, implying roughly a 35% upside; the Street consensus is a Hold with an average target near $131.60 (3 Buys, 2 Holds, 1 Sell).
• Universal Display missed Q1 estimates, reporting $0.76 EPS vs. $1.13 expected and $142.2M revenue vs. $161.2M, down ~14.5% year-over-year, and it narrowed 2026 revenue guidance to $630–$670M.
• The board authorized a $400 million share repurchase and declared a $0.50 quarterly dividend (~2.1% yield), actions that reduce float and signal management confidence despite near-term headwinds.

Universal Display (NASDAQ:OLED - Get Free Report) had its price objective decreased by Oppenheimer from $160.00 to $130.00 in a research note issued on Friday,MarketScreener reports. The firm presently has an "outperform" rating on the semiconductor company's stock. Oppenheimer's target price would suggest a potential upside of 34.87% from the stock's previous close.

A number of other brokerages also recently weighed in on OLED. Zacks Research downgraded shares of Universal Display from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 21st. Wall Street Zen raised shares of Universal Display from a "sell" rating to a "hold" rating in a research report on Sunday, February 22nd. The Goldman Sachs Group set a $135.00 price target on shares of Universal Display in a report on Tuesday, April 21st. Citigroup lowered their price objective on shares of Universal Display from $130.00 to $105.00 and set a "neutral" rating for the company in a research report on Tuesday, April 14th. Finally, Needham & Company LLC dropped their price objective on Universal Display from $145.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Universal Display currently has a consensus rating of "Hold" and a consensus target price of $131.60.

Universal Display Stock Up 10.7%

Shares of Universal Display stock opened at $96.39 on Friday. The business has a fifty day simple moving average of $96.82 and a 200 day simple moving average of $115.15. The stock has a market cap of $4.51 billion, a PE ratio of 19.01, a price-to-earnings-growth ratio of 7.06 and a beta of 1.65. Universal Display has a 12 month low of $83.64 and a 12 month high of $163.21.

Universal Display (NASDAQ:OLED - Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.37). Universal Display had a net margin of 34.08% and a return on equity of 12.27%. The company had revenue of $142.21 million during the quarter, compared to analyst estimates of $161.23 million. During the same period in the previous year, the company posted $1.35 EPS. The company's quarterly revenue was down 14.5% compared to the same quarter last year. Analysts expect that Universal Display will post 4.82 EPS for the current fiscal year.

Hedge Funds Weigh In On Universal Display

A number of large investors have recently bought and sold shares of OLED. Farther Finance Advisors LLC raised its holdings in shares of Universal Display by 27.2% in the third quarter. Farther Finance Advisors LLC now owns 351 shares of the semiconductor company's stock valued at $50,000 after purchasing an additional 75 shares during the last quarter. Lido Advisors LLC boosted its holdings in Universal Display by 1.7% during the third quarter. Lido Advisors LLC now owns 5,783 shares of the semiconductor company's stock worth $831,000 after purchasing an additional 95 shares during the last quarter. Sigma Planning Corp boosted its holdings in Universal Display by 1.0% during the fourth quarter. Sigma Planning Corp now owns 10,390 shares of the semiconductor company's stock worth $1,210,000 after purchasing an additional 103 shares during the last quarter. Certuity LLC grew its position in Universal Display by 4.3% in the third quarter. Certuity LLC now owns 2,556 shares of the semiconductor company's stock valued at $367,000 after purchasing an additional 105 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its position in Universal Display by 2.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,869 shares of the semiconductor company's stock valued at $452,000 after purchasing an additional 107 shares in the last quarter. Institutional investors and hedge funds own 78.19% of the company's stock.

More Universal Display News

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

• Positive Sentiment: Board authorized a $400 million share repurchase program, which reduces float and signals management confidence — a key bullish catalyst for the stock. Business Wire: Buyback & Dividend
• Positive Sentiment: Company declared a $0.50 quarterly dividend (annualized yield ~2.1%), giving income-focused investors an additional reason to buy shares. Business Wire: Buyback & Dividend
• Neutral Sentiment: Needham cut its price target from $145 to $120 but maintained a "buy" rating — still constructive, though the lower target trims upside. Benzinga: Analyst Update
• Negative Sentiment: Q1 results missed expectations: EPS $0.76 vs. $1.13 consensus and revenue $142.21M vs. $161.23M; revenue fell ~14.5% year-over-year — a clear near-term headwind. Zacks: Q1 Miss
• Negative Sentiment: Company narrowed 2026 revenue guidance to $630M–$670M (below some Street forecasts) citing softer demand and mix shifts, increasing near-term uncertainty. Seeking Alpha: Guidance Revision

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.

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