Universal Display (NASDAQ:OLED) Hits New 12-Month Low – Time to Sell?

Universal Display Corporation (NASDAQ:OLED) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $75.89 and last traded at $76.62, with a volume of 1253573 shares trading hands. The stock had previously closed at $83.56.

Universal Display News Roundup

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

• Positive Sentiment: Zacks Research raised its Q3 2027 EPS forecast to $1.39 from $1.36, although the firm maintained a “Hold” rating. MarketBeat report
• Neutral Sentiment: An investor letter from Prosper Stars & Stripes highlighted Universal Display in a discussion of whether the artificial-intelligence infrastructure boom could become a hidden risk for display suppliers. The topic may increase investor focus on competition for capital and changing technology demand, but the article does not identify a specific new company development. Investor letter article
• Negative Sentiment: Zacks Research made a series of modest downward revisions: Q4 2026 EPS to $1.18 from $1.19, Q1 2027 to $0.95 from $0.96, Q2 2027 to $1.08 from $1.12, FY2027 to $4.78 from $4.81, Q1 2028 to $1.12 from $1.14, Q2 2028 to $1.10 from $1.11, and FY2028 to $5.14 from $5.19. The repeated cuts suggest softer near- to medium-term expectations and are a likely reason for the negative investor reaction.
• Negative Sentiment: Universal Display reached a new one-year low, reinforcing concerns about deteriorating market sentiment and technical weakness. Universal Display reaches new one-year low

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on OLED shares. Susquehanna lowered their target price on shares of Universal Display from $110.00 to $90.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. BTIG Research cut Universal Display to a “neutral” rating in a report on Friday, July 31st. Weiss Ratings downgraded Universal Display from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Needham & Company LLC decreased their price objective on Universal Display from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Oppenheimer reiterated an “outperform” rating and set a $120.00 target price (down from $130.00) on shares of Universal Display in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $116.33.

Universal Display Stock Down 2.0%

The company has a 50 day simple moving average of $83.31 and a two-hundred day simple moving average of $89.27. The company has a market capitalization of $3.51 billion, a P/E ratio of 18.48 and a beta of 1.56.

Universal Display (NASDAQ:OLED) last posted its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.03. The business had revenue of $152.16 million during the quarter, compared to analyst estimates of $157.54 million. Universal Display had a return on equity of 11.35% and a net margin of 32.24%.The company’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period last year, the company earned $1.41 EPS. As a group, research analysts expect that Universal Display Corporation will post 4.17 EPS for the current fiscal year.

Universal Display Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, September 16th. Universal Display’s dividend payout ratio is presently 48.43%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. State of Michigan Retirement System boosted its holdings in shares of Universal Display by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 10,605 shares of the semiconductor company’s stock valued at $972,000 after acquiring an additional 200 shares during the last quarter. Smithfield Trust Co increased its stake in shares of Universal Display by 17.3% in the fourth quarter. Smithfield Trust Co now owns 1,693 shares of the semiconductor company’s stock worth $197,000 after acquiring an additional 250 shares during the period. Lido Advisors LLC raised its holdings in shares of Universal Display by 5.1% during the first quarter. Lido Advisors LLC now owns 6,081 shares of the semiconductor company’s stock worth $557,000 after purchasing an additional 296 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Universal Display by 3.4% during the first quarter. Oregon Public Employees Retirement Fund now owns 9,083 shares of the semiconductor company’s stock worth $833,000 after purchasing an additional 300 shares during the last quarter. Finally, Swiss National Bank raised its holdings in shares of Universal Display by 0.3% during the first quarter. Swiss National Bank now owns 89,400 shares of the semiconductor company’s stock worth $8,194,000 after purchasing an additional 300 shares during the last quarter. 78.19% of the stock is owned by hedge funds and other institutional investors.

Universal Display Company Profile

Universal Display Corporation (NASDAQ: OLED) develops and commercializes organic light-emitting diode (OLED) technologies and materials. The company’s business is centered on high-efficiency phosphorescent OLED (PHOLED) technology, which is designed to improve the performance and energy efficiency of OLED displays and lighting products.

Universal Display supplies OLED emitter materials and other related products to manufacturers and provides technology licenses, technical assistance and support under agreements covering its intellectual property.