Scotiabank Has Pessimistic Outlook of eMagin FY2026 Earnings

eMagin Corporation (NYSE:EMA) – Equities research analysts at Scotiabank decreased their FY2026 EPS estimates for shares of eMagin in a research note issued on Thursday, July 23rd. Scotiabank analyst A. Weisel now anticipates that the company will earn $2.68 per share for the year, down from their previous forecast of $2.77.

Several other equities research analysts also recently weighed in on the company. Wall Street Zen upgraded eMagin from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. Barclays decreased their price objective on eMagin from $53.00 to $52.00 and set an “equal weight” rating for the company in a research note on Monday, May 11th. Finally, Weiss Ratings downgraded eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, eMagin currently has a consensus rating of “Hold” and a consensus price target of $60.00.

eMagin Trading Up 0.2%

eMagin stock opened at $54.46 on Monday. eMagin has a 52-week low of $45.77 and a 52-week high of $55.49. The company’s 50 day moving average is $52.96 and its two-hundred day moving average is $51.92.

eMagin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued a $0.7325 dividend. This represents a $2.93 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Monday, August 3rd.

Institutional Trading of eMagin

Hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC lifted its holdings in eMagin by 130.9% during the 1st quarter. Parallel Advisors LLC now owns 508 shares of the company’s stock worth $26,000 after buying an additional 288 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of eMagin by 1,375.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 708 shares of the company’s stock valued at $35,000 after acquiring an additional 660 shares during the last quarter. DGS Capital Management LLC acquired a new stake in shares of eMagin during the 1st quarter worth about $349,000. Venturi Wealth Management LLC acquired a new stake in shares of eMagin during the 4th quarter worth about $356,000. Finally, Versant Capital Management Inc lifted its stake in eMagin by 15.0% during the second quarter. Versant Capital Management Inc now owns 7,396 shares of the company’s stock worth $392,000 after purchasing an additional 963 shares during the last quarter.

eMagin Company Profile

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards.