Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Universal Display Corp Market Cap
Based on ratings from 10 stock analysts, the Universal Display Corp stock price is expected to increase by 9.43% 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 |
| Brian Lee Goldman Sachs | Buy | $185 | Maintains | Aug 4, 2023 |
| James Ricchiuti Needham | Buy | $175 | Maintains | Aug 4, 2023 |
| Simon Woo B of A Securities | Neutral | $165 | 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
$8.92B
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
Thu, 29 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Universal Display Corporation, a leader in PHOLED technology, is developing blue PHOLEDs to boost OLED efficiency and device battery life. Projected revenue growth may increase market cap by 27% in 12-18 months.
Why It Matters - UDC's advancements in blue PHOLEDs could boost OLED efficiency and device battery life, driving revenue growth and a potential 27% market cap increase in the next 12-18 months.
Wed, 28 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - UDC delivered a keynote address and announced the 2024 Innovative Research and Pioneering Technology Awards 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, which can drive future growth and influence stock performance.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - UDC will participate in the Citi Global TMT investor conference and other industry conferences, including IMID and OLEDs World Summit, signaling engagement in key industry discussions.
Why It Matters - UDC's participation in major industry conferences signals its commitment to innovation and networking, potentially attracting investor interest and influencing stock performance.
Mon, 05 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Universal Display's (OLED) international revenue trends are influencing Wall Street forecasts, potentially affecting future stock performance. Investors should monitor these developments closely.
Why It Matters - Universal Display's international revenue trends can influence Wall Street's forecasts, affecting investor sentiment and stock performance. Strong trends may signal growth potential.
Fri, 02 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Universal Display (OLED) reports year-over-year revenue growth, fueled by increased OLED adoption in IT products and a strong focus on innovation.
Why It Matters - Universal Display's revenue growth and strong OLED adoption signal demand in tech sectors, indicating potential for continued profitability and market expansion, which can boost investor confidence.
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 discussing financial results.
Why It Matters - The earnings call provides insight into Universal Display's financial performance and strategic direction, influencing stock valuation and investor sentiment.
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