Zacks Research Issues Positive Outlook for OLED Earnings

Universal Display Co. (NASDAQ:OLED - Free Report) - Equities research analysts at Zacks Research upped their Q2 2026 earnings estimates for shares of Universal Display in a research note issued to investors on Friday, May 30th. Zacks Research analyst R. Department now forecasts that the semiconductor company will earn $1.34 per share for the quarter, up from their previous forecast of $1.33. The consensus estimate for Universal Display's current full-year earnings is $4.71 per share. Zacks Research also issued estimates for Universal Display's Q3 2026 earnings at $1.38 EPS and FY2027 earnings at $6.17 EPS.

Universal Display (NASDAQ:OLED - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The semiconductor company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.07 by $0.28. Universal Display had a net margin of 34.29% and a return on equity of 15.51%. The firm had revenue of $166.28 million during the quarter, compared to the consensus estimate of $154.76 million. During the same period last year, the firm earned $1.19 EPS. The business's quarterly revenue was up .6% compared to the same quarter last year.

OLED has been the topic of several other research reports. Roth Mkm raised their price objective on shares of Universal Display from $207.00 to $213.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Susquehanna lowered their price objective on shares of Universal Display from $165.00 to $160.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. Needham & Company LLC restated a "buy" rating and set a $170.00 price objective on shares of Universal Display in a research report on Friday, May 2nd. Wall Street Zen upgraded shares of Universal Display from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, The Goldman Sachs Group decreased their target price on shares of Universal Display from $234.00 to $203.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Universal Display currently has an average rating of "Moderate Buy" and a consensus target price of $190.43.

Universal Display Price Performance

NASDAQ:OLED traded down $0.77 during trading hours on Monday, hitting $149.46. The stock had a trading volume of 479,988 shares, compared to its average volume of 599,472. The company has a 50 day simple moving average of $133.66 and a two-hundred day simple moving average of $145.80. Universal Display has a one year low of $103.70 and a one year high of $237.00. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 1.61 and a beta of 1.46.

Hedge Funds Weigh In On Universal Display

Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. grew its holdings in Universal Display by 401.9% in the 4th quarter. Blue Trust Inc. now owns 261 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 209 shares during the last quarter. KBC Group NV grew its holdings in Universal Display by 79.4% in the 4th quarter. KBC Group NV now owns 1,903 shares of the semiconductor company's stock worth $278,000 after acquiring an additional 842 shares during the last quarter. Perigon Wealth Management LLC grew its holdings in Universal Display by 18.2% in the 4th quarter. Perigon Wealth Management LLC now owns 2,582 shares of the semiconductor company's stock worth $380,000 after acquiring an additional 398 shares during the last quarter. OLD National Bancorp IN grew its holdings in Universal Display by 4.3% in the 4th quarter. OLD National Bancorp IN now owns 2,527 shares of the semiconductor company's stock worth $369,000 after acquiring an additional 104 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in Universal Display by 8.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 2,769 shares of the semiconductor company's stock worth $405,000 after acquiring an additional 221 shares during the last quarter. Hedge funds and other institutional investors own 78.19% of the company's stock.

Universal Display Announces Dividend

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 1.20%. The ex-dividend date of this dividend is Monday, June 16th. Universal Display's payout ratio is presently 37.42%.

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.