Q2 EPS Estimates for Universal Display Cut by Zacks Research

Universal Display Corporation (NASDAQ:OLED) – Equities researchers at Zacks Research cut their Q2 2026 earnings estimates for Universal Display in a research note issued to investors on Wednesday, June 17th. Zacks Research analyst Team now expects that the semiconductor company will earn $1.03 per share for the quarter, down from their previous estimate of $1.04. 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 Q3 2026 earnings at $1.10 EPS, FY2026 earnings at $4.15 EPS, Q1 2027 earnings at $1.06 EPS, Q2 2027 earnings at $1.23 EPS and FY2027 earnings at $4.92 EPS.

Universal Display (NASDAQ:OLED) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share (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 the consensus estimate of $161.23 million. Universal Display had a net margin of 34.08% and a return on equity of 12.34%. The company’s revenue for the quarter was down 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.35 earnings per share.

Several other research analysts have also issued reports on the stock. Wall Street Zen upgraded shares of Universal Display from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Citigroup cut their price objective on Universal Display from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Roth Mkm set a $168.00 price objective on Universal Display in a report on Friday, May 1st. The Goldman Sachs Group set a $135.00 target price on Universal Display in a research report on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Universal Display in a research report on Monday, March 23rd. 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 company. According to MarketBeat, Universal Display presently has an average rating of “Hold” and an average target price of $130.60.

Universal Display Price Performance

Shares of NASDAQ:OLED opened at $84.52 on Thursday. The company’s fifty day moving average price is $93.07 and its 200-day moving average price is $105.49. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 18.87 and a beta of 1.54. Universal Display has a one year low of $83.64 and a one year high of $162.36.

Universal Display Dividend Announcement

The business 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 annualized dividend and a dividend yield of 2.4%. Universal Display’s payout ratio is currently 44.64%.

Institutional Investors Weigh In On Universal Display

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vestor Capital LLC grew its position in Universal Display by 968.4% during the 1st quarter. Vestor Capital LLC now owns 3,045 shares of the semiconductor company’s stock worth $279,000 after acquiring an additional 2,760 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Universal Display by 3.2% during 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 purchasing an additional 3,872 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of Universal Display during the first quarter valued at approximately $969,000. Amundi grew its holdings in shares of Universal Display by 54.0% in the first quarter. Amundi now owns 459,316 shares of the semiconductor company’s stock worth $42,079,000 after purchasing an additional 161,069 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Universal Display by 22.6% in the first quarter. California State Teachers Retirement System now owns 52,430 shares of the semiconductor company’s stock worth $4,806,000 after buying an additional 9,665 shares during the period. Institutional investors own 78.19% of the company’s stock.

About Universal Display

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.