Q3 EPS Estimate for Universal Display Increased by Analyst

Universal Display Corporation (NASDAQ:OLED) – Zacks Research raised their Q3 2026 earnings estimates for Universal Display in a research note issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings per share of $1.13 for the quarter, up from their prior forecast of $1.10. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Universal Display’s current full-year earnings is $4.17 per share. Zacks Research also issued estimates for Universal Display’s Q3 2027 earnings at $1.36 EPS, Q2 2028 earnings at $1.11 EPS and FY2028 earnings at $5.19 EPS.

Several other research analysts have also recently issued reports on the company. Susquehanna cut their price objective on Universal Display from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Roth Capital set a $168.00 target price on shares of Universal Display in a research report on Friday, May 1st. Oppenheimer reaffirmed an “outperform” rating and set a $120.00 price target (down from $130.00) on shares of Universal Display in a research note on Friday, July 31st. Needham & Company LLC cut their price target on shares of Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings cut shares of Universal Display from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Universal Display has an average rating of “Hold” and an average price target of $116.33.

Universal Display Price Performance

Universal Display stock opened at $89.38 on Monday. Universal Display has a 1-year low of $76.42 and a 1-year high of $153.38. The company has a market cap of $4.11 billion, a PE ratio of 21.64 and a beta of 1.54. The stock’s 50 day moving average price is $84.23 and its 200 day moving average price is $93.29.

Universal Display (NASDAQ:OLED) last released its earnings results on Thursday, July 30th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. The company had revenue of $152.16 million for the quarter, compared to analysts’ expectations of $157.54 million. Universal Display had a return on equity of 11.35% and a net margin of 32.24%.The firm’s quarterly revenue was down 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.41 EPS.

Universal Display Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Universal Display’s payout ratio is 48.43%.

Institutional Trading of Universal Display

A number of large investors have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new position in Universal Display in the 3rd quarter valued at about $33,000. RHL Group LLC purchased a new position in shares of Universal Display in the 4th quarter worth about $60,000. Canada Pension Plan Investment Board acquired a new position in Universal Display during the second quarter valued at approximately $62,000. UMB Bank n.a. lifted its holdings in shares of Universal Display by 28.3% during the 4th quarter. UMB Bank n.a. now owns 549 shares of the semiconductor company’s stock valued at $64,000 after acquiring an additional 121 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Universal Display in the fourth quarter worth about $75,000. Institutional investors and hedge funds own 78.19% of the company’s stock.

About Universal Display

Universal Display Corporation (NASDAQ: OLED) is a technology company specializing in organic light-emitting diode (OLED) solutions. The company develops and commercializes materials, technologies and software used in the creation of OLED displays and lighting. Its offerings include proprietary phosphorescent OLED (PHOLED) materials, display driver integrated circuits and process technologies that enable higher efficiency, longer lifetimes and improved color performance for a range of display and lighting applications.

Universal Display’s core business is licensing its extensive OLED patent portfolio to display manufacturers and providing them with the key organic materials needed for device fabrication.