Zacks Research Issues Pessimistic Forecast for OLED Earnings

by · The Cerbat Gem

Universal Display Corporation (NASDAQ:OLED – Free Report) – Zacks Research reduced their Q4 2026 earnings per share estimates for Universal Display in a research note issued on Wednesday, December 17th. Zacks Research analyst Team now expects that the semiconductor company will post earnings of $1.46 per share for the quarter, down from their prior forecast of $1.48. Zacks Research currently has a “Hold” rating on the stock. 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 Q1 2027 earnings at $1.44 EPS, Q2 2027 earnings at $1.65 EPS and Q3 2027 earnings at $1.57 EPS.

Universal Display (NASDAQ:OLED – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.27). Universal Display had a return on equity of 14.10% and a net margin of 34.65%.The business had revenue of $139.61 million during the quarter, compared to analyst estimates of $165.56 million. During the same quarter last year, the company posted $1.40 EPS. Universal Display’s quarterly revenue was down 13.6% compared to the same quarter last year.

Other research analysts also recently issued reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Universal Display in a research report on Wednesday, October 8th. Needham & Company LLC reiterated a “buy” rating and set a $150.00 price objective on shares of Universal Display in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $181.33.

Read Our Latest Stock Analysis on Universal Display

Universal Display Price Performance

OLED stock opened at $118.48 on Monday. The company has a market capitalization of $5.63 billion, a P/E ratio of 25.53, a price-to-earnings-growth ratio of 3.65 and a beta of 1.62. Universal Display has a 12 month low of $103.70 and a 12 month high of $164.29. The firm’s fifty day simple moving average is $127.82 and its 200-day simple moving average is $140.23.

Universal Display Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 1.5%. Universal Display’s payout ratio is presently 38.79%.

Institutional Investors Weigh In On Universal Display

Several hedge funds have recently modified their holdings of OLED. Rise Advisors LLC increased its stake in shares of Universal Display by 87.9% in the 1st quarter. Rise Advisors LLC now owns 186 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 87 shares in the last quarter. Whittier Trust Co. acquired a new stake in Universal Display in the second quarter valued at approximately $30,000. Smartleaf Asset Management LLC increased its position in shares of Universal Display by 309.8% in the third quarter. Smartleaf Asset Management LLC now owns 209 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 158 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Universal Display by 236.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 202 shares of the semiconductor company’s stock worth $31,000 after buying an additional 142 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Universal Display during the 3rd quarter worth approximately $33,000. 78.19% of the stock is owned by hedge funds and other institutional investors.

Universal Display Company Profile

(Get Free Report)

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.

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