What is Zacks Research’s Forecast for OLED Q3 Earnings?

Universal Display Corporation (NASDAQ:OLED) – Equities research analysts at Zacks Research lifted their Q3 2027 earnings per share estimates for shares of Universal Display in a report issued on Wednesday, June 17th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings of $1.35 per share for the quarter, up from their previous estimate of $1.30. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Universal Display’s current full-year earnings is $4.23 per share. Zacks Research also issued estimates for Universal Display’s Q4 2027 earnings at $1.29 EPS and FY2028 earnings at $5.61 EPS.

Universal Display (NASDAQ:OLED) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.37). The company had revenue of $142.21 million for the quarter, compared to analyst estimates of $161.23 million. Universal Display had a return on equity of 12.34% and a net margin of 34.08%.The business’s quarterly revenue was down 14.5% on a year-over-year basis. During the same quarter last year, the business posted $1.35 earnings per share.

Other equities research analysts also recently issued research reports about the stock. Oppenheimer lowered their price objective on shares of Universal Display from $160.00 to $130.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Citigroup reduced their target price on shares of Universal Display from $105.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Roth Mkm set a $168.00 target price on Universal Display in a report on Friday, May 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Display in a research note on Monday, March 23rd. Finally, Needham & Company LLC dropped their price target on Universal Display from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $130.60.

Universal Display Stock Performance

Shares of OLED opened at $88.94 on Friday. The firm has a market cap of $4.16 billion, a P/E ratio of 19.85 and a beta of 1.54. Universal Display has a twelve month low of $83.64 and a twelve month high of $162.36. The firm’s 50 day moving average price is $93.03 and its two-hundred day moving average price is $105.28.

Institutional Trading of Universal Display

A number of institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC grew its position in Universal Display by 309.8% in the third quarter. Smartleaf Asset Management LLC now owns 209 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 158 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Universal Display during the 3rd quarter worth about $33,000. Jones Financial Companies Lllp boosted its stake in shares of Universal Display by 104.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 388 shares of the semiconductor company’s stock worth $58,000 after buying an additional 198 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Universal Display during the 2nd quarter worth about $62,000. Finally, RHL Group LLC acquired a new position in shares of Universal Display during the 4th quarter worth about $60,000. Institutional investors own 78.19% of the company’s stock.

Universal Display Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. Universal Display’s dividend payout ratio (DPR) is 44.64%.

More Universal Display News

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

• Positive Sentiment: Zacks Research lifted longer-term earnings estimates, including Q3 2027 EPS to $1.35, Q4 2027 EPS to $1.29, and FY2028 EPS to $5.61, which can support sentiment around Universal Display’s future profitability.
• Neutral Sentiment: The analyst maintained a “Strong Sell” rating despite the higher estimates, suggesting the market still sees caution around valuation and near-term fundamentals.
• Negative Sentiment: Zacks also cut several nearer-term estimates, including FY2026 EPS to $4.15, Q2 2026 EPS to $1.03, Q3 2026 EPS to $1.10, Q1 2027 EPS to $1.06, and FY2027 EPS to $4.92, which may temper enthusiasm about the company’s short-term growth outlook.

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.