Roth Capital Issues Pessimistic Outlook for OLED Earnings

Universal Display Co. (NASDAQ:OLED) – Equities researchers at Roth Capital cut their Q3 2025 earnings per share (EPS) estimates for shares of Universal Display in a report released on Friday, February 21st. Roth Capital analyst S. Searle now anticipates that the semiconductor company will post earnings of $1.15 per share for the quarter, down from their previous forecast of $1.16. The consensus estimate for Universal Display’s current full-year earnings is $4.71 per share. Roth Capital also issued estimates for Universal Display’s Q1 2026 earnings at $1.15 EPS, Q2 2026 earnings at $1.26 EPS, Q3 2026 earnings at $1.53 EPS and FY2026 earnings at $5.72 EPS.

A number of other equities analysts have also weighed in on the stock. TD Cowen decreased their price target on shares of Universal Display from $250.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. The Goldman Sachs Group reduced their target price on Universal Display from $234.00 to $203.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Susquehanna dropped their price target on Universal Display from $165.00 to $160.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Citigroup reduced their price objective on Universal Display from $200.00 to $162.00 and set a “neutral” rating on the stock in a research note on Monday, February 10th. Finally, Oppenheimer dropped their target price on shares of Universal Display from $220.00 to $200.00 and set an “outperform” rating for the company in a research report on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Universal Display currently has an average rating of “Moderate Buy” and a consensus target price of $190.43.

Universal Display Stock Down 0.4 %

Shares of NASDAQ:OLED opened at $157.32 on Monday. The company has a market cap of $7.47 billion, a P/E ratio of 33.83, a P/E/G ratio of 1.61 and a beta of 1.39. The business has a fifty day simple moving average of $148.42 and a 200-day simple moving average of $173.76. Universal Display has a 52 week low of $140.17 and a 52 week high of $237.00.

Universal Display (NASDAQ:OLED) last released its quarterly earnings results on Thursday, February 20th. The semiconductor company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.14. Universal Display had a return on equity of 15.51% and a net margin of 34.29%. The company had revenue of $162.29 million during the quarter, compared to analysts’ expectations of $152.75 million.

Institutional Trading of Universal Display

A number of hedge funds have recently made changes to their positions in the stock. Polar Asset Management Partners Inc. boosted its holdings in Universal Display by 90.2% in the fourth quarter. Polar Asset Management Partners Inc. now owns 120,000 shares of the semiconductor company’s stock worth $17,544,000 after purchasing an additional 56,900 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Universal Display by 2.8% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,536,513 shares of the semiconductor company’s stock valued at $370,838,000 after buying an additional 69,043 shares during the period. Mackenzie Financial Corp bought a new stake in shares of Universal Display during the 4th quarter valued at about $3,779,000. Orion Capital Management LLC acquired a new stake in Universal Display during the fourth quarter worth about $29,000. Finally, Voloridge Investment Management LLC bought a new position in Universal Display in the fourth quarter worth about $1,193,000. Institutional investors and hedge funds own 78.19% of the company’s stock.

Universal Display Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, March 17th. This is an increase from Universal Display’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 1.14%. Universal Display’s payout ratio is currently 38.71%.

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.