Zacks Research Has Positive Outlook for OLED FY2026 Earnings

Universal Display Corporation (NASDAQ:OLED) – Zacks Research increased their FY2026 earnings per share estimates for shares of Universal Display in a report issued on Friday, October 17th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings of $5.37 per share for the year, up from their previous forecast of $5.32. Zacks Research 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 $1.41 EPS and Q3 2027 earnings at $1.57 EPS.

Universal Display (NASDAQ:OLED) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.23. The firm had revenue of $171.79 million for the quarter, compared to analysts’ expectations of $161.58 million. Universal Display had a return on equity of 15.82% and a net margin of 36.95%.The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 EPS. Universal Display has set its FY 2025 guidance at EPS.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Universal Display in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Universal Display currently has a consensus rating of “Moderate Buy” and an average target price of $190.43.

Universal Display Trading Down 1.1%

Shares of OLED opened at $149.76 on Monday. Universal Display has a twelve month low of $103.70 and a twelve month high of $214.57. The stock’s 50 day moving average is $142.71 and its two-hundred day moving average is $142.99. The firm has a market capitalization of $7.12 billion, a PE ratio of 29.25, a P/E/G ratio of 4.44 and a beta of 1.55.

Universal Display Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 16th. Universal Display’s payout ratio is currently 35.16%.

Institutional Investors Weigh In On Universal Display

Institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Universal Display by 5.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 139,646 shares of the semiconductor company’s stock worth $19,478,000 after acquiring an additional 6,604 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Universal Display by 44.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 286,320 shares of the semiconductor company’s stock worth $39,936,000 after acquiring an additional 87,801 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Universal Display during the 1st quarter worth approximately $242,000. DAVENPORT & Co LLC purchased a new stake in shares of Universal Display during the 1st quarter worth approximately $377,000. Finally, GAMMA Investing LLC boosted its stake in shares of Universal Display by 134.1% during the 1st quarter. GAMMA Investing LLC now owns 962 shares of the semiconductor company’s stock worth $134,000 after acquiring an additional 551 shares in the last quarter. Hedge funds and other institutional investors own 78.19% of the company’s stock.

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.