Universal Display Corp

Universal Display Corp Stock Forecast & Price Prediction

Live Universal Display Corp Stock (OLED) Price
$204.39

10

Ratings

  • Buy 6
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$204.39

P/E Ratio

43.92

Volume Traded Today

$397,584

Dividend

$0.4

52 Week High/low

237.00/133.67

Universal Display Corp Market Cap

$9.71B

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OLED Summary

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.

OLED Analyst Ratings

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.

OLED stock forecast by analyst

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

OLED Company Information

  • Company Name: Universal Display Corporation
  • Founded: 1985
  • Headquarters: Ewing, New Jersey
  • Core Business: Research, development, and commercialization of organic light emitting diode (OLED) technologies and materials
  • Primary Markets: Display and solid-state lighting applications
  • Key Products and Technologies:
    • PHOLED: Technologies and materials for displays and lighting products under the UniversalPHOLED brand
    • FOLED: Flexible OLEDs for the fabrication of OLEDs on flexible substrates
    • OVJP: Organic vapor jet printing technology
  • Additional Services:
    • Technology development and support services
    • Third-party collaboration and support for OLED product commercialization
    • Contract research services in chemical synthesis for non-OLED applications
    • Intellectual property and technology licensing activities
  • Geographic Reach: United States and internationally
OLED
Universal Display Corp (OLED)

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

Universal Display Corp (OLED) Financial Data

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

$428.9M

Revenue From 2021

$553.5M

29.07 %
From Previous Year

Revenue From 2022

$616.6M

11.40 %
From Previous Year

Revenue From 2023

$576.4M

-6.52 %
From Previous Year
  • Revenue TTM $623.2M
  • Operating Margin TTM 35.6%
  • Gross profit TTM $441.1M
  • Return on assets TTM 8.8%
  • Return on equity TTM 15.5%
  • Profit Margin 35.7%
  • Book Value Per Share 32.18%
  • Market capitalisation $9.71B
  • Revenue for 2021 $553.5M
  • Revenue for 2022 $616.6M
  • Revenue for 2023 $576.4M
  • EPS this year (TTM) $4.66

Universal Display Corp (OLED) Latest News

News Image

Tue, 17 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 28 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 29 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Thu, 01 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

...

OLED Frequently asked questions

The highest forecasted price for OLED is $260 from at .

The lowest forecasted price for OLED is $175 from James Ricchiuti from Needham

The OLED analyst ratings consensus are 6 buy ratings, 4 hold ratings, and 0 sell ratings.