Universal Display (NASDAQ:OLED) Price Target Lowered to $90.00 at Susquehanna

Universal Display (NASDAQ:OLED) had its target price dropped by equities researchers at Susquehanna from $110.00 to $90.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. Susquehanna’s price target points to a potential upside of 12.00% from the stock’s current price.

Other equities analysts have also issued research reports about the company. BTIG Research lowered Universal Display to a “neutral” rating in a research note on Friday. Needham & Company LLC dropped their price objective on Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Friday. The Goldman Sachs Group set a $135.00 price objective on Universal Display in a research note on Tuesday, April 21st. Oppenheimer reiterated an “outperform” rating on shares of Universal Display in a research report on Friday. Finally, Weiss Ratings downgraded Universal Display from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Universal Display presently has a consensus rating of “Hold” and a consensus target price of $120.50.

Universal Display Stock Up 0.2%

Shares of Universal Display stock opened at $80.36 on Friday. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 17.94 and a beta of 1.54. Universal Display has a 12-month low of $77.15 and a 12-month high of $153.38. The firm’s 50-day moving average price is $85.73 and its two-hundred day moving average price is $97.26.

Universal Display (NASDAQ:OLED) last released its earnings results on Thursday, July 30th. The semiconductor company reported $1.06 EPS for the quarter, beating the consensus estimate of $1.04 by $0.02. The firm had revenue of $152.16 million for the quarter, compared to analyst estimates of $157.54 million. Universal Display had a net margin of 34.08% and a return on equity of 12.34%. The business’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same period last year, the firm earned $1.41 EPS. On average, sell-side analysts expect that Universal Display will post 4.23 earnings per share for the current year.

Institutional Investors Weigh In On Universal Display

A number of hedge funds and other institutional investors have recently bought and sold shares of OLED. Assenagon Asset Management S.A. raised its position in Universal Display by 2.3% in the second quarter. Assenagon Asset Management S.A. now owns 34,952 shares of the semiconductor company’s stock valued at $3,026,000 after purchasing an additional 784 shares during the last quarter. Red Spruce Capital LLC boosted its stake in shares of Universal Display by 119.8% during the second quarter. Red Spruce Capital LLC now owns 24,968 shares of the semiconductor company’s stock valued at $2,162,000 after purchasing an additional 13,610 shares in the last quarter. Byrne Asset Management LLC bought a new stake in shares of Universal Display during the second quarter worth about $329,000. Vestor Capital LLC increased its stake in shares of Universal Display by 968.4% in the first quarter. Vestor Capital LLC now owns 3,045 shares of the semiconductor company’s stock valued at $279,000 after buying an additional 2,760 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Universal Display by 3.2% in the first quarter. Bank of America Corp DE now owns 124,570 shares of the semiconductor company’s stock valued at $11,418,000 after buying an additional 3,872 shares during the period. Institutional investors own 78.19% of the company’s stock.

Trending Headlines about Universal Display

Here are the key news stories impacting Universal Display this week:

• Positive Sentiment: Universal Display reported second-quarter earnings of $1.06 per share, exceeding analysts’ estimate of $1.04. However, EPS declined from $1.41 in the year-earlier quarter. Universal Display Corp. Surpasses Q2 Earnings Estimates
• Positive Sentiment: The company declared a quarterly cash dividend of $0.50 per share, payable September 30 to shareholders of record September 16. The annualized payout is $2.00 per share, representing an indicated yield of approximately 2.5%. Universal Display Announces Quarterly Cash Dividend
• Neutral Sentiment: Universal Display maintained strong profitability, with a second-quarter net margin of 34.08% and return on equity of 12.34%, although these figures did not offset concerns about declining revenue.
• Negative Sentiment: Second-quarter revenue was $152.16 million, below the roughly $157.5 million consensus estimate and down 11.4% year over year. The sales shortfall suggests softer demand or timing pressure in the company’s OLED materials and licensing business. Universal Display Misses Q2 Sales Targets
• Negative Sentiment: Management’s fiscal 2026 revenue outlook of approximately $630 million is below analysts’ $646.4 million expectation, reinforcing concerns about slower growth. The stock is also trading below its 50-day and 200-day moving averages and near its 52-week low, indicating weak recent momentum.

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.