Universal Display Co. (NASDAQ:OLED – Free Report) – Analysts at Zacks Research lowered their Q2 2026 EPS estimates for Universal Display in a note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings per share of $1.35 for the quarter, down from their prior estimate of $1.37. The consensus estimate for Universal Display’s current full-year earnings is $4.77 per share.
A number of other analysts also recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $215.00 price target on shares of Universal Display in a research report on Thursday, January 16th. Citigroup decreased their price target on shares of Universal Display from $200.00 to $162.00 and set a “neutral” rating for the company in a research report on Monday. Oppenheimer decreased their price objective on shares of Universal Display from $220.00 to $200.00 and set an “outperform” rating for the company in a report on Thursday, January 2nd. The Goldman Sachs Group decreased their price objective on shares of Universal Display from $234.00 to $203.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, TD Cowen decreased their price objective on shares of Universal Display from $250.00 to $225.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.57.
Universal Display Trading Up 0.9 %
OLED stock opened at $143.71 on Thursday. Universal Display has a twelve month low of $140.17 and a twelve month high of $237.00. The company has a market capitalization of $6.82 billion, a P/E ratio of 28.86, a PEG ratio of 1.57 and a beta of 1.39. The firm has a 50 day simple moving average of $149.91 and a 200-day simple moving average of $176.10.
Hedge Funds Weigh In On Universal Display
Several hedge funds and other institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its holdings in shares of Universal Display by 60.2% during the third quarter. Nisa Investment Advisors LLC now owns 173 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 65 shares during the period. CIBC Asset Management Inc boosted its holdings in shares of Universal Display by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 1,473 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 73 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in shares of Universal Display by 5.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,615 shares of the semiconductor company’s stock valued at $245,000 after acquiring an additional 85 shares during the period. Arizona State Retirement System raised its stake in shares of Universal Display by 0.7% during the fourth quarter. Arizona State Retirement System now owns 13,065 shares of the semiconductor company’s stock valued at $1,910,000 after purchasing 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 fourth quarter. Commonwealth Equity Services LLC now owns 10,091 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds 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.
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