Zacks Research Has Pessimistic Outlook of OLED Q4 Earnings

Universal Display Corporation (NASDAQ:OLED) – Analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for shares of Universal Display in a research report issued on Wednesday, April 22nd. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings per share of $1.36 for the quarter, down from their prior estimate of $1.38. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Universal Display’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Universal Display’s Q1 2027 earnings at $1.30 EPS, Q2 2027 earnings at $1.34 EPS, Q4 2027 earnings at $1.38 EPS and Q1 2028 earnings at $1.29 EPS.

OLED has been the subject of a number of other research reports. The Goldman Sachs Group set a $135.00 target price on Universal Display in a research note on Tuesday. Roth Mkm restated a “buy” rating and issued a $180.00 target price on shares of Universal Display in a research note on Friday, February 20th. Wall Street Zen upgraded Universal Display from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Citigroup lowered their target price on Universal Display from $130.00 to $105.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Universal Display in a research note on Monday, March 23rd. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Universal Display has an average rating of “Hold” and an average target price of $141.25.

Universal Display Stock Up 0.2%

OLED opened at $99.19 on Thursday. The stock has a market cap of $4.67 billion, a PE ratio of 19.56, a PEG ratio of 8.01 and a beta of 1.65. The business has a 50 day moving average of $100.28 and a 200-day moving average of $117.02. Universal Display has a 52 week low of $86.43 and a 52 week high of $163.21.

Universal Display (NASDAQ:OLED) last released its earnings results on Thursday, February 19th. The semiconductor company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.11. The company had revenue of $172.93 million during the quarter, compared to analysts’ expectations of $173.35 million. Universal Display had a return on equity of 14.07% and a net margin of 37.21%.The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 EPS.

Universal Display Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 17th. This is a positive change from Universal Display’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. Universal Display’s dividend payout ratio (DPR) is presently 39.45%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of Universal Display by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 472,363 shares of the semiconductor company’s stock worth $67,846,000 after purchasing an additional 14,356 shares during the last quarter. Peregrine Investment Management Inc. raised its stake in shares of Universal Display by 24.7% in the third quarter. Peregrine Investment Management Inc. now owns 50,560 shares of the semiconductor company’s stock worth $7,262,000 after purchasing an additional 10,000 shares during the last quarter. Truist Financial Corp raised its stake in shares of Universal Display by 54.7% in the third quarter. Truist Financial Corp now owns 63,262 shares of the semiconductor company’s stock worth $9,086,000 after purchasing an additional 22,380 shares during the last quarter. AI Squared Management Ltd purchased a new position in shares of Universal Display in the third quarter worth $5,515,000. Finally, Aquatic Capital Management LLC raised its stake in shares of Universal Display by 891.6% in the third quarter. Aquatic Capital Management LLC now owns 28,588 shares of the semiconductor company’s stock worth $4,106,000 after purchasing an additional 25,705 shares during the last quarter. Hedge funds and other institutional investors 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.