Universal Display (NASDAQ:OLED) Releases Quarterly Earnings Results

Universal Display (NASDAQ:OLED) announced its earnings results on Thursday. The semiconductor company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.14, Zacks reports. Universal Display had a return on equity of 15.75% and a net margin of 36.98%. Universal Display updated its FY 2025 guidance to EPS.

Universal Display Trading Up 0.5 %

NASDAQ:OLED traded up $0.72 on Thursday, hitting $147.34. 1,097,913 shares of the stock were exchanged, compared to its average volume of 685,095. The stock has a market cap of $6.99 billion, a PE ratio of 29.59, a PEG ratio of 1.58 and a beta of 1.39. The stock has a fifty day moving average of $148.80 and a 200-day moving average of $174.01. Universal Display has a fifty-two week low of $140.17 and a fifty-two week high of $237.00.

Analyst Upgrades and Downgrades

OLED has been the topic of a number of recent analyst reports. Citigroup dropped their price objective on Universal Display from $200.00 to $162.00 and set a “neutral” rating on the stock in a report on Monday, February 10th. Oppenheimer lowered their target price on Universal Display from $220.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday, January 2nd. The Goldman Sachs Group reduced their price objective on Universal Display from $234.00 to $203.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $215.00 price objective on shares of Universal Display in a research report on Thursday, January 16th. Finally, TD Cowen reduced their target price on Universal Display from $250.00 to $225.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $199.57.

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.