Zacks Research Issues Pessimistic Estimate for OLED Earnings

Universal Display Co. (NASDAQ:OLED) – Stock analysts at Zacks Research cut their Q2 2026 EPS estimates for Universal Display in a research note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the semiconductor company will earn $1.35 per share for the quarter, down from their previous forecast of $1.37. The consensus estimate for Universal Display’s current full-year earnings is $4.77 per share.

A number of other equities analysts have also recently weighed in on the company. Citigroup dropped their price target on Universal Display from $200.00 to $162.00 and set a “neutral” rating on the stock in a research note on Monday. The Goldman Sachs Group decreased their price target on Universal Display from $234.00 to $203.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. TD Cowen decreased their target price on Universal Display from $250.00 to $225.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Needham & Company LLC restated a “buy” rating and set a $215.00 price target on shares of Universal Display in a research note on Thursday, January 16th. Finally, Oppenheimer lowered their price objective on Universal Display from $220.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Universal Display presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.57.

Universal Display Stock Up 0.3 %

Shares of NASDAQ:OLED opened at $142.45 on Thursday. The company’s 50-day moving average price is $150.17 and its 200 day moving average price is $176.32. The company has a market cap of $6.76 billion, a PE ratio of 28.60, a P/E/G ratio of 1.57 and a beta of 1.39. Universal Display has a fifty-two week low of $140.17 and a fifty-two week high of $237.00.

Hedge Funds Weigh In On Universal Display

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC lifted its stake in shares of Universal Display by 60.2% in the third quarter. Nisa Investment Advisors LLC now owns 173 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 65 shares during the period. CIBC Asset Management Inc boosted its holdings in Universal Display by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 1,473 shares of the semiconductor company’s stock worth $215,000 after acquiring an additional 73 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in Universal Display by 5.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,615 shares of the semiconductor company’s stock worth $245,000 after purchasing an additional 85 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Universal Display by 0.7% in the fourth quarter. Arizona State Retirement System now owns 13,065 shares of the semiconductor company’s stock valued at $1,910,000 after acquiring an additional 88 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Universal Display by 0.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,091 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 90 shares during the period. Institutional investors own 78.19% of the company’s stock.

Universal Display Company Profile

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand.