Zacks Research Issues Negative Estimate for OLED Earnings

Universal Display Co. (NASDAQ:OLED - Free Report) - Analysts at Zacks Research cut their Q2 2026 EPS estimates for Universal Display in a research report issued on Tuesday, February 11th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $1.35 per share for the quarter, down from their prior estimate of $1.37. The consensus estimate for Universal Display's current full-year earnings is $4.77 per share.

Several other analysts also recently issued reports on the company. Citigroup dropped their price target on Universal Display from $200.00 to $162.00 and set a "neutral" rating on the stock in a research note on Monday, February 10th. The Goldman Sachs Group dropped their target price on Universal Display from $234.00 to $203.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $215.00 price target on shares of Universal Display in a research report on Thursday, January 16th. Oppenheimer lowered their price objective on shares of Universal Display from $220.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, January 2nd. Finally, TD Cowen cut their price objective on shares of Universal Display from $250.00 to $225.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $199.57.

Universal Display Trading Down 0.8 %

Shares of OLED stock traded down $1.21 during trading hours on Thursday, hitting $142.50. 762,542 shares of the company were exchanged, compared to its average volume of 730,779. Universal Display has a 52 week low of $140.17 and a 52 week high of $237.00. The business has a 50 day moving average of $149.60 and a two-hundred day moving average of $174.89. The company has a market capitalization of $6.76 billion, a PE ratio of 28.61, a PEG ratio of 1.57 and a beta of 1.39.

Hedge Funds Weigh In On Universal Display

Several hedge funds and other institutional investors have recently made changes to their positions in OLED. Glenmede Trust Co. NA lifted its stake in Universal Display by 1.6% in the third quarter. Glenmede Trust Co. NA now owns 6,046 shares of the semiconductor company's stock valued at $1,269,000 after acquiring an additional 97 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Universal Display by 8.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 52,713 shares of the semiconductor company's stock valued at $11,064,000 after purchasing an additional 4,269 shares during the last quarter. Montanaro Asset Management Ltd grew its holdings in Universal Display by 217.4% during the third quarter. Montanaro Asset Management Ltd now owns 63,260 shares of the semiconductor company's stock worth $13,278,000 after purchasing an additional 43,330 shares during the period. Cerity Partners LLC increased its position in Universal Display by 385.2% during the third quarter. Cerity Partners LLC now owns 8,588 shares of the semiconductor company's stock worth $1,803,000 after buying an additional 6,818 shares during the last quarter. Finally, Pacer Advisors Inc. raised its stake in Universal Display by 37.2% in the fourth quarter. Pacer Advisors Inc. now owns 27,246 shares of the semiconductor company's stock valued at $3,983,000 after buying an additional 7,390 shares during the period. 78.19% of the stock is owned by institutional investors.

Universal Display Company Profile

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.