Based on ratings from 10 stock analysts, the Universal Display Corp stock price is expected to increase by 11.01% in 12 months. This is calculated by using the average 12-month stock price forecast for Universal Display Corp. The lowest target is $175 and the highest is $260. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assigned OLED 6 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Universal Display Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on OLED. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of OLED.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mehdi Hosseini Susquehanna | Neutral | $175 | Maintains | Aug 2, 2024 |
Scott Searle Roth MKM | Buy | $217 | Maintains | Aug 2, 2024 |
Brian Lee Goldman Sachs | Buy | $243 | Maintains | Jul 18, 2024 |
Martin Yang Oppenheimer | Outperform | $250 | Maintains | Jul 3, 2024 |
James Ricchiuti Needham | Buy | $242 | Maintains | Jul 2, 2024 |
James Ricchiuti Needham | Buy | $198 | Reiterates | May 3, 2024 |
James Ricchiuti Needham | Buy | $198 | Reiterates | Mar 26, 2024 |
Martin Yang Oppenheimer | Outperform | $200 | Reiterates | Feb 23, 2024 |
James Ricchiuti Needham | Buy | $198 | Maintains | Jan 22, 2024 |
Atif Malik Citigroup | Neutral | $180 | Downgrade | Jan 19, 2024 |
Martin Yang Oppenheimer | Outperform | $210 | Maintains | Jan 5, 2024 |
Simon Woo B of A Securities | Buy | $250 | Upgrade | Dec 18, 2023 |
Scott Searle Roth MKM | Buy | $176 | Maintains | Nov 3, 2023 |
James Ricchiuti Needham | Buy | $175 | Reiterates | Sep 13, 2023 |
Atif Malik Citigroup | Buy | $182 | Maintains | Aug 8, 2023 |
Krish Sankar TD Cowen | Outperform | $185 | Maintains | Aug 7, 2023 |
Simon Woo B of A Securities | Neutral | $165 | Maintains | Aug 4, 2023 |
Brian Lee Goldman Sachs | Buy | $185 | Maintains | Aug 4, 2023 |
James Ricchiuti Needham | Buy | $175 | Maintains | Aug 4, 2023 |
Martin Yang Oppenheimer | Outperform | $180 | Reiterates | May 26, 2023 |
When did it IPO
N/A
Staff Count
456
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Steven V. Abramson
Market Cap
$9.71B
In 2023, OLED generated $576.4M in revenue, which was a decrease of -6.52% from the previous year. This can be seen as a signal that OLED's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Nidec Corp. (NJDCY) and Universal Display Corp. (OLED) are key stocks in the Electronics - Miscellaneous Components sector, attracting interest from value investors.
Why It Matters - Comparing Nidec Corp. and Universal Display Corp. helps value investors identify better investment opportunities based on financial metrics, growth potential, and market positioning.
Summary - UDC announced the 2024 Innovative Research and Pioneering Technology Award recipients during a keynote at IMID Korea 2024, highlighting advancements in OLED technology.
Why It Matters - UDC's keynote and awards at IMID Korea 2024 highlight its innovation and leadership in OLED technology, signaling potential growth and investment opportunities in the sector.
Summary - Universal Display Corporation (UDC) focuses on PHOLED technology, partnering with Samsung and LG. Growth from blue PHOLEDs may boost revenue by 27% in 12-18 months, enhancing device efficiency and battery life.
Why It Matters - UDC's advancements in blue PHOLED technology could boost OLED efficiency and battery life, driving revenue growth and potentially increasing market cap by 27% within 12-18 months.
Summary - UDC will participate in the Citi Global TMT investor conference and the IMID, ACS, and OLEDs World Summit, highlighting its engagement in key industry events.
Why It Matters - UDC's participation in major conferences signals strategic engagement and potential growth opportunities, which can influence investor sentiment and stock performance in the OLED sector.
Summary - Universal Display's international revenue trends may influence Wall Street's forecasts, potentially impacting future stock performance and investor expectations.
Why It Matters - Universal Display's international revenue trends can influence earnings projections, affecting stock valuations and investor sentiment on Wall Street.
Summary - Universal Display Corporation will hold its Q2 2024 earnings conference call on August 1, 2024, at 5:00 PM ET, featuring key executives and analysts from various firms.
Why It Matters - Earnings calls provide insights into a company's financial health and future outlook, influencing stock performance and investor confidence in Universal Display Corporation.