Universal Display (NASDAQ:OLED) Given New $145.00 Price Target at Needham & Company LLC

Universal Display (NASDAQ:OLED) had its price target decreased by Needham & Company LLC from $150.00 to $145.00 in a research report sent to investors on Friday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

Several other research firms have also recently weighed in on OLED. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Universal Display in a research report on Wednesday, December 24th. Wall Street Zen cut shares of Universal Display from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Zacks Research lowered shares of Universal Display from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, Citigroup lowered their price objective on shares of Universal Display from $150.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $151.67.

Universal Display Price Performance

Shares of NASDAQ:OLED opened at $104.07 on Friday. The company has a market capitalization of $4.95 billion, a P/E ratio of 20.53, a P/E/G ratio of 3.29 and a beta of 1.63. Universal Display has a 1 year low of $103.35 and a 1 year high of $164.29. The business’s 50 day simple moving average is $119.79 and its 200 day simple moving average is $130.44.

Universal Display (NASDAQ:OLED) last announced its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.11. The firm had revenue of $172.93 million during the quarter, compared to analysts’ expectations of $173.35 million. Universal Display had a return on equity of 14.19% and a net margin of 37.21%.The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.22 EPS. On average, sell-side analysts anticipate that Universal Display will post 4.71 EPS for the current fiscal year.

Universal Display Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.50 per share. This is a boost from Universal Display’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. Universal Display’s payout ratio is presently 35.50%.

Institutional Trading of Universal Display

A number of hedge funds have recently added to or reduced their stakes in OLED. Focus Partners Wealth lifted its stake in shares of Universal Display by 6.4% in the 1st quarter. Focus Partners Wealth now owns 3,680 shares of the semiconductor company’s stock valued at $513,000 after acquiring an additional 221 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Universal Display during the 2nd quarter worth $205,000. Whittier Trust Co. acquired a new position in Universal Display in the 2nd quarter worth about $30,000. Ethic Inc. raised its position in Universal Display by 8.7% in the second quarter. Ethic Inc. now owns 4,942 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 395 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of Universal Display by 219.0% during the second quarter. First Citizens Bank & Trust Co. now owns 5,656 shares of the semiconductor company’s stock valued at $874,000 after purchasing an additional 3,883 shares in the last quarter. Institutional investors and hedge funds own 78.19% of the company’s stock.

Key Universal Display News

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

• Positive Sentiment: Q4 EPS beat and revenue growth — OLED reported $1.39 EPS vs. $1.28 expected and revenue of ~$173M, up 6.5% year-over-year, driven by strong material sales and royalties. OLED’s Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Dividend increase — UDC raised its quarterly cash dividend to $0.50/share (11.1% increase), which supports yield and shareholder return expectations. Universal Display Corporation Increases Quarterly Cash Dividend to $0.50 per Share
• Neutral Sentiment: Earnings call details available — Management provided color in the Q4/2025 earnings call and transcript; useful for judging cadence of material sales, royalty trajectory and margin outlook. Universal Display Corporation (OLED) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst target adjusted — Needham cut its price target from $150 to $145 but kept a “buy” rating, signaling continued confidence despite near-term headwinds. Analyst price target update
• Negative Sentiment: 2026 revenue guide below consensus — UDC guided revenue of $650M–$700M for FY2026, under the consensus (~$718.5M), which likely drove today’s selloff despite the beat. Investors are focused on the slower near-term demand outlook implied by the guide. Universal Display Corporation Announces Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Large holder exit — Peregrine sold ~50,560 shares (~$7.3M), reducing an institutional position; while not decisive alone, it can add selling pressure in thin windows. Peregrine Closes 50,000-Share OLED Position Worth USD7.3 Million

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.