Zacks Research Issues Optimistic Estimate for OLED Earnings

Universal Display Co. (NASDAQ:OLED) – Stock analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Universal Display in a report issued on Monday, March 24th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $1.25 per share for the quarter, up from their previous forecast of $1.23. The consensus estimate for Universal Display’s current full-year earnings is $4.71 per share. Zacks Research also issued estimates for Universal Display’s Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.35 EPS and FY2026 earnings at $5.47 EPS.

Universal Display (NASDAQ:OLED) last announced its quarterly earnings data on Thursday, February 20th. The semiconductor company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.14. Universal Display had a return on equity of 15.51% and a net margin of 34.29%. The firm had revenue of $162.29 million during the quarter, compared to analysts’ expectations of $152.75 million.

Other analysts also recently issued research reports about the stock. StockNews.com upgraded shares of Universal Display from a “sell” rating to a “hold” rating in a report on Friday, March 21st. Needham & Company LLC decreased their price objective on shares of Universal Display from $215.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Citigroup dropped their target price on shares of Universal Display from $200.00 to $162.00 and set a “neutral” rating on the stock in a research report on Monday, February 10th. Roth Mkm upped their target price on Universal Display from $207.00 to $213.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Susquehanna dropped their price target on Universal Display from $165.00 to $160.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.43.

Universal Display Stock Performance

Shares of OLED opened at $145.17 on Thursday. The firm has a market capitalization of $6.89 billion, a P/E ratio of 31.22, a P/E/G ratio of 1.61 and a beta of 1.40. Universal Display has a 52 week low of $140.17 and a 52 week high of $237.00. The stock has a 50 day moving average price of $149.47 and a two-hundred day moving average price of $168.25.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in OLED. Vanguard Group Inc. boosted its position in shares of Universal Display by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 4,784,099 shares of the semiconductor company’s stock valued at $699,435,000 after acquiring an additional 67,590 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Universal Display by 2.8% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,536,513 shares of the semiconductor company’s stock worth $370,838,000 after purchasing an additional 69,043 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Universal Display by 12.8% in the 4th quarter. Geode Capital Management LLC now owns 901,315 shares of the semiconductor company’s stock valued at $131,806,000 after purchasing an additional 101,963 shares during the period. Jennison Associates LLC grew its position in shares of Universal Display by 58.2% during the 4th quarter. Jennison Associates LLC now owns 683,822 shares of the semiconductor company’s stock valued at $99,975,000 after purchasing an additional 251,557 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Universal Display in the fourth quarter worth $95,924,000. Hedge funds and other institutional investors own 78.19% of the company’s stock.

Universal Display Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.45 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.80 annualized dividend and a yield of 1.24%. This is an increase from Universal Display’s previous quarterly dividend of $0.40. Universal Display’s dividend payout ratio (DPR) is currently 38.71%.

About Universal Display

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.