What is Zacks Research's Estimate for OLED Q3 Earnings?

Key Points

• Zacks Research raised Universal Display’s Q3 2026 EPS estimate to $1.13 from $1.10 and maintained a “Hold” rating. Its full-year 2026 earnings consensus is $4.17 per share.
• Analyst sentiment remains mixed: three analysts rate the stock a Buy, four a Hold and one a Sell, producing an overall “Hold” rating and a consensus price target of $116.33.
• Universal Display recently reported $1.06 EPS, beating estimates of $1.03, though revenue fell 11.4% year over year to $152.16 million. The company also declared a quarterly dividend of $0.50 per share, equal to a 2.3% annualized yield.

Universal Display Corporation (NASDAQ:OLED - Free Report) - Research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Universal Display in a report released on Thursday, August 20th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings of $1.13 per share for the quarter, up from their previous forecast of $1.10. Zacks Research currently 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.

OLED has been the subject of a number of other research reports. Oppenheimer reiterated an "outperform" rating and set a $120.00 price objective (down from $130.00) on shares of Universal Display in a research report on Friday, July 31st. Needham & Company LLC cut their target price on Universal Display from $120.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. Roth Capital set a $168.00 target price on Universal Display in a report on Friday, May 1st. Citigroup decreased their price target on Universal Display from $100.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, August 3rd. Finally, Weiss Ratings cut Universal Display from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Universal Display presently has an average rating of "Hold" and a consensus price target of $116.33.

Universal Display Stock Performance

Universal Display stock opened at $85.84 on Monday. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 20.78 and a beta of 1.54. Universal Display has a 1 year low of $76.42 and a 1 year high of $153.38. The firm's 50 day moving average price is $84.40 and its two-hundred day moving average price is $93.73.

Universal Display (NASDAQ:OLED - Get Free Report) last released its earnings results on Thursday, July 30th. The semiconductor company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The business had revenue of $152.16 million for the quarter, compared to the consensus estimate of $157.54 million. Universal Display had a net margin of 32.24% and a return on equity of 11.35%. The business's revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.41 EPS.

Universal Display Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued 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 dividend yield of 2.3%. Universal Display's payout ratio is currently 48.43%.

Institutional Investors Weigh In On Universal Display

Several hedge funds have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new position in Universal Display during the 3rd quarter valued at about $33,000. RHL Group LLC acquired a new stake in shares of Universal Display during the fourth quarter worth approximately $60,000. Canada Pension Plan Investment Board purchased a new position in Universal Display during the second quarter valued at approximately $62,000. UMB Bank n.a. increased its stake in Universal Display by 28.3% in the 4th quarter. UMB Bank n.a. now owns 549 shares of the semiconductor company's stock valued at $64,000 after buying an additional 121 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in Universal Display in the 4th quarter worth approximately $75,000. 78.19% of the stock is owned by hedge funds and other institutional investors.

Universal Display Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source