Zacks Research Has Bearish Estimate for OLED FY2026 Earnings

Universal Display Corporation (NASDAQ:OLED) – Zacks Research reduced their FY2026 earnings per share estimates for Universal Display in a research note issued on Thursday, May 21st. Zacks Research analyst Team now expects that the semiconductor company will post earnings of $4.16 per share for the year, down from their prior forecast of $4.83. 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.

A number of other research analysts also recently issued reports on the company. Wall Street Zen raised Universal Display from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Citigroup reduced their target price on 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 research note on Friday, May 1st. The Goldman Sachs Group set a $135.00 target price on Universal Display in a research note on Tuesday, April 21st. Finally, Needham & Company LLC reduced their target price on Universal Display from $145.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $130.60.

Universal Display Stock Performance

Shares of NASDAQ:OLED opened at $94.31 on Monday. Universal Display has a 12-month low of $83.64 and a 12-month high of $163.21. The company has a market capitalization of $4.41 billion, a PE ratio of 21.05 and a beta of 1.54. The business has a 50 day moving average of $93.89 and a two-hundred day moving average of $109.24.

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

Institutional Trading of Universal Display

Several large investors have recently added to or reduced their stakes in OLED. JPMorgan Chase & Co. lifted its holdings in shares of Universal Display by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 472,363 shares of the semiconductor company’s stock valued at $67,846,000 after buying an additional 14,356 shares during the period. Peregrine Investment Management Inc. raised its holdings in shares of Universal Display by 24.7% in the third quarter. Peregrine Investment Management Inc. now owns 50,560 shares of the semiconductor company’s stock worth $7,262,000 after acquiring an additional 10,000 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Universal Display by 54.7% in the third quarter. Truist Financial Corp now owns 63,262 shares of the semiconductor company’s stock worth $9,086,000 after acquiring an additional 22,380 shares during the last quarter. Aquatic Capital Management LLC grew its position in shares of Universal Display by 891.6% in the third quarter. Aquatic Capital Management LLC now owns 28,588 shares of the semiconductor company’s stock valued at $4,106,000 after purchasing an additional 25,705 shares during the period. Finally, AI Squared Management Ltd purchased a new stake in shares of Universal Display in the third quarter valued at $5,515,000. 78.19% of the stock is currently owned by hedge funds and other institutional investors.

Universal Display Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, June 16th. Universal Display’s dividend payout ratio is presently 44.64%.

Key Stories Impacting Universal Display

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

• Positive Sentiment: A valuation update highlighted that Universal Display shares trade well below estimated intrinsic value, suggesting potential upside if fundamentals stabilize. A Look at Universal Display Corp (OLED) After 3.5% Gain — GF Value $152.58 vs Price $90.69
• Neutral Sentiment: Universal Display’s stock has been recovering from recent weakness, but it remains well below its 200-day moving average, indicating the longer-term trend is still soft.
• Negative Sentiment: Zacks Research reduced its Q2 2026 EPS estimate to $1.04 from $1.13, implying near-term earnings pressure.
• Negative Sentiment: The firm also lowered Q3 2026 EPS to $1.11 from $1.22 and Q4 2026 EPS to $1.25 from $1.36, signaling a weaker forward earnings trajectory.
• Negative Sentiment: Longer-dated estimates were also trimmed, including FY2027 EPS to $4.96 from $5.43 and FY2028 EPS to $5.58 from $5.87, while Zacks maintained a Strong Sell rating.

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.