Based on ratings from 11 stock analysts, the Universal Display Corp stock price is expected to increase by 36.4% in 12 months. This is calculated by using the average 12-month stock price forecast for Universal Display Corp. The lowest target is $165 and the highest is $260. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned OLED 9 buy ratings, 2 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 |
---|---|---|---|---|
James Ricchiuti Needham | Buy | $215 | Maintains | Oct 31, 2024 |
Martin Yang Oppenheimer | Outperform | $220 | Maintains | Oct 31, 2024 |
Krish Sankar TD Cowen | Buy | $225 | Maintains | Oct 31, 2024 |
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 |
When did it IPO
1996
Staff Count
456
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Steven V. Abramson
Market Cap
$7.50B
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 - Levi & Korsinsky is investigating Universal Display Corporation (NASDAQ:OLED) for potential federal securities law violations following its strong Q2 2024 results and revised revenue outlook.
Why It Matters - The investigation into Universal Display Corporation for potential securities law violations could impact investor confidence and stock performance, despite recent positive earnings.
Summary - Levi & Korsinsky is investigating Universal Display Corporation (NASDAQ:OLED) for potential federal securities law violations, following its strong Q2 2024 results and raised revenue outlook.
Why It Matters - The investigation into Universal Display Corporation may signal potential legal risks, affecting stock value and investor confidence, despite recent strong financial performance.
Summary - Levi & Korsinsky is investigating Universal Display Corporation (NASDAQ: OLED) for potential federal securities law violations following its strong Q2 2024 results and revised revenue outlook.
Why It Matters - The investigation into Universal Display Corporation for potential federal securities law violations could signal regulatory risks, impacting investor confidence and stock performance.
Summary - Levi & Korsinsky is investigating Universal Display Corporation (NASDAQ:OLED) for potential federal securities law violations, following the company's positive 2Q 2024 results and raised revenue outlook.
Why It Matters - The investigation into Universal Display may indicate potential legal risks, affecting stock performance and investor confidence despite recent positive financial results.
Summary - Levi & Korsinsky is investigating Universal Display Corporation (NASDAQ:OLED) for potential federal securities law violations following its positive Q2 2024 report and raised revenue outlook.
Why It Matters - The investigation into Universal Display Corporation may indicate potential legal risks, impacting stock performance and investor confidence despite recent positive earnings outlook.
Summary - UDC appointed Chandran Nair as CEO of its new subsidiary responsible for OVJP operations, signaling a strategic focus on this area.
Why It Matters - Chandran Nair's appointment as CEO of UDC's new subsidiary signals a strategic focus on OVJP operations, potentially enhancing innovation and growth in the OLED sector, impacting market performance.