Zacks Research Issues Negative Forecast for OLED Earnings

by · The Markets Daily

Universal Display Corporation (NASDAQ:OLED – Free Report) – Equities researchers at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for shares of Universal Display in a note issued to investors on Wednesday, December 17th. Zacks Research analyst Team now anticipates that the semiconductor company will earn $1.46 per share for the quarter, down from their previous estimate 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.

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

View Our Latest Stock Analysis on Universal Display

Universal Display Stock Performance

Shares of NASDAQ OLED opened at $118.95 on Monday. Universal Display has a 52-week low of $103.70 and a 52-week high of $164.29. The business has a fifty day moving average of $128.28 and a two-hundred day moving average of $140.46. The stock has a market cap of $5.65 billion, a PE ratio of 25.64, a PEG ratio of 3.59 and a beta of 1.62.

Universal Display (NASDAQ:OLED – Get Free Report) last posted its earnings results on Thursday, November 6th. The semiconductor company reported $0.92 EPS 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 company had revenue of $139.61 million for the quarter, compared to the consensus estimate of $165.56 million. During the same quarter last year, the business earned $1.40 EPS. Universal Display’s quarterly revenue was down 13.6% compared to the same quarter last year.

Institutional Trading of Universal Display

Several hedge funds have recently modified their holdings of OLED. Vanguard Group Inc. increased its holdings in shares of Universal Display by 10.0% in the third quarter. Vanguard Group Inc. now owns 5,069,107 shares of the semiconductor company’s stock valued at $728,076,000 after purchasing an additional 460,792 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in Universal Display by 73.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,407,846 shares of the semiconductor company’s stock valued at $614,806,000 after buying an additional 1,871,333 shares during the last quarter. Primecap Management Co. CA increased its stake in shares of Universal Display by 1.9% in the 3rd quarter. Primecap Management Co. CA now owns 2,258,378 shares of the semiconductor company’s stock valued at $324,371,000 after buying an additional 43,070 shares during the period. Norges Bank bought a new stake in shares of Universal Display during the second quarter worth $124,480,000. Finally, Greenhouse Funds LLLP lifted its stake in shares of Universal Display by 12.6% during the third quarter. Greenhouse Funds LLLP now owns 725,278 shares of the semiconductor company’s stock valued at $104,172,000 after acquiring an additional 81,132 shares during the period. 78.19% of the stock is owned by institutional investors.

Universal Display Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be paid 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 dividend yield of 1.5%. Universal Display’s payout ratio is currently 38.79%.

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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