Zacks Research Has Bullish Outlook for OLED FY2026 Earnings

Key Points

• Zacks Research has raised its earnings per share (EPS) estimate for Universal Display Corporation (OLED) for FY2026 to $5.38, reflecting a slight increase from the previous $5.37, while maintaining a "Strong-Buy" rating on the stock.
• The company's stock has experienced a 2.5% decline recently and is currently priced at $145.97, with a 12-month market cap of $6.94 billion and a price-to-earnings ratio of 28.51.
• Universal Display announced a quarterly dividend of $0.45 per share, translating to an annual yield of 1.2% with a payout ratio of 35.16%.

Universal Display Corporation (NASDAQ:OLED - Free Report) - Zacks Research lifted their FY2026 earnings per share (EPS) estimates for Universal Display in a research report issued on Wednesday, October 22nd. Zacks Research analyst Team now expects that the semiconductor company will post earnings per share of $5.38 for the year, up from their prior forecast of $5.37. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Universal Display's current full-year earnings is $4.71 per share.

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Universal Display in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $190.43.

Universal Display Stock Down 2.5%

OLED opened at $145.97 on Thursday. Universal Display has a 12-month low of $103.70 and a 12-month high of $214.57. The stock has a market cap of $6.94 billion, a price-to-earnings ratio of 28.51, a PEG ratio of 4.39 and a beta of 1.55. The business has a 50 day moving average of $142.73 and a 200-day moving average of $143.01.

Universal Display (NASDAQ:OLED - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.23. Universal Display had a return on equity of 15.82% and a net margin of 36.95%.The company had revenue of $171.79 million during the quarter, compared to analysts' expectations of $161.58 million. During the same period last year, the firm posted $1.10 earnings per share. The business's revenue was up 8.4% on a year-over-year basis. Universal Display has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Universal Display

A number of hedge funds and other institutional investors have recently bought and sold shares of OLED. Rise Advisors LLC grew its position in Universal Display by 87.9% during the 1st quarter. Rise Advisors LLC now owns 186 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 87 shares during the last quarter. Whittier Trust Co. bought a new stake in shares of Universal Display in the 2nd quarter valued at about $30,000. Parkside Financial Bank & Trust grew its position in shares of Universal Display by 236.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 202 shares of the semiconductor company's stock valued at $31,000 after buying an additional 142 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of Universal Display by 4,700.0% in the 1st quarter. Golden State Wealth Management LLC now owns 240 shares of the semiconductor company's stock valued at $33,000 after buying an additional 235 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in shares of Universal Display by 98.5% in the 1st quarter. Brooklyn Investment Group now owns 270 shares of the semiconductor company's stock valued at $38,000 after buying an additional 134 shares during the last quarter. Institutional investors own 78.19% of the company's stock.

Universal Display Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, September 16th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. Universal Display's payout ratio is currently 35.16%.

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.

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