Q3 EPS Estimate for Universal Display Reduced by Analyst

Universal Display Corporation (NASDAQ:OLED) – Investment analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for Universal Display in a research report issued to clients and investors on Wednesday, December 17th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $1.35 for the quarter, down from their prior forecast of $1.38. 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 FY2026 earnings at $5.28 EPS and FY2027 earnings at $6.37 EPS.

Universal Display (NASDAQ:OLED) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.27). The business had revenue of $139.61 million during the quarter, compared to analysts’ expectations of $165.56 million. Universal Display had a net margin of 34.65% and a return on equity of 14.10%. The company’s revenue was down 13.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 EPS.

Several other brokerages have also recently issued reports on OLED. Needham & Company LLC lowered their target price on shares of Universal Display from $170.00 to $150.00 and set a “buy” rating for the company in a report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Universal Display in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.33.

Universal Display Stock Up 1.5%

Shares of Universal Display stock opened at $116.95 on Friday. Universal Display has a 52 week low of $103.70 and a 52 week high of $164.29. The firm’s 50 day moving average is $128.79 and its two-hundred day moving average is $140.81. The firm has a market capitalization of $5.56 billion, a P/E ratio of 25.20, a P/E/G ratio of 3.54 and a beta of 1.62.

Universal Display Announces Dividend

The firm also recently disclosed 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 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 currently 38.79%.

Institutional Investors Weigh In On Universal Display

Hedge funds have recently made changes to their positions in the business. Strs Ohio purchased a new stake in shares of Universal Display in the 1st quarter worth about $819,000. Baker Avenue Asset Management LP purchased a new stake in shares of Universal Display in the second quarter valued at about $1,398,000. Intech Investment Management LLC grew its position in shares of Universal Display by 174.3% in the first quarter. Intech Investment Management LLC now owns 94,803 shares of the semiconductor company’s stock valued at $13,223,000 after purchasing an additional 60,238 shares during the last quarter. Creative Planning grew its position in shares of Universal Display by 12.7% in the second quarter. Creative Planning now owns 19,847 shares of the semiconductor company’s stock valued at $3,066,000 after purchasing an additional 2,239 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its stake in shares of Universal Display by 14.5% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 243,864 shares of the semiconductor company’s stock worth $37,667,000 after purchasing an additional 30,860 shares in the last quarter. Institutional investors and hedge funds own 78.19% of the company’s stock.

Universal Display Company Profile

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.