Universal Display Corporation (OLED)

NASDAQ: OLED · Real-Time Price · USD
164.44
-1.17 (-0.71%)
Dec 3, 2024, 12:37 PM EST - Market open
-0.71%
Market Cap 7.80B
Revenue (ttm) 643.71M
Net Income (ttm) 237.30M
Shares Out 47.46M
EPS (ttm) 4.98
PE Ratio 33.02
Forward PE 32.80
Dividend $1.60 (0.97%)
Ex-Dividend Date Dec 17, 2024
Volume 119,842
Open 163.85
Previous Close 165.61
Day's Range 163.45 - 165.89
52-Week Range 148.75 - 237.00
Beta 1.39
Analysts Strong Buy
Price Target 215.63 (+31.13%)
Earnings Date Oct 30, 2024

About OLED

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. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the f... [Read more]

Sector Technology
IPO Date May 14, 1992
Employees 456
Stock Exchange NASDAQ
Ticker Symbol OLED
Full Company Profile

Financial Performance

In 2023, Universal Display's revenue was $576.43 million, a decrease of -6.52% compared to the previous year's $616.62 million. Earnings were $202.02 million, a decrease of -3.27%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for OLED stock is "Strong Buy." The 12-month stock price forecast is $215.63, which is an increase of 31.13% from the latest price.

Price Target
$215.63
(31.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Universal Display Corporation Announces Participation at Upcoming Conferences

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced participation in the J.P. Morgan and Nasdaq investor conferences and SID Mid-Atlantic and OLEDs World Summit industry conferences.

26 days ago - Business Wire

Universal Display: Strong Growth Ahead

Universal Display's revenue growth is expected to recover in 2024, with analysts forecasting a 15% increase following a 2023 decline. The OLED market growth, key licensing agreements, and increased de...

4 weeks ago - Seeking Alpha

Universal Display Corporation (OLED) Q3 2024 Earnings Call Transcript

Universal Display Corporation (NASDAQ:OLED) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Darice Liu - Director, Investor Relations Steve Abramson - President & Ch...

4 weeks ago - Seeking Alpha

Universal Display Corporation Announces Quarterly Cash Dividend of $0.40 per Share

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced a 4Q24 cash dividend of $0.40 per share and that it is payable on December 31, 2024, to shareholders of record on December 17, 2024.

4 weeks ago - Business Wire

Universal Display Corporation Announces Third Quarter 2024 Financial Results

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) today reported financial results for the third quarter ended September 30, 2024.

4 weeks ago - Business Wire

Universal Display Corporation Announces Third Quarter 2024 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 3Q24 results on October 30, 2024, and host a 5:00 p.m. ET earnings conference call.

7 weeks ago - Business Wire

Our Top 10 Dividend Growth Stocks - September 2024

This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...

Other symbols: ALLAVGOAXPBACCICSLCTAS
2 months ago - Seeking Alpha

Universal Display Corporation Establishes the Sherwin I. Seligsohn Innovation Award in Organic Electronics

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation announced the establishment of the Sherwin I. Seligsohn Innovation Award in honor of UDC's late founder.

2 months ago - Business Wire

Universal Display Corporation's Blue PHOLED Makes It A Buy

Universal Display Corporation specializes in PHOLED technology, supplying major manufacturers like Samsung and LG, while also competing with them and other emerging display technologies. UDC's develop...

3 months ago - Seeking Alpha

Universal Display Corporation Delivers Keynote Address and Announces Recipients of the 2024 UDC Innovative Research and Pioneering Technology Awards at IMID Korea

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC presents keynote address and announces recipients of the 2024 UDC Innovative Research and Pioneering Technology Awards at IMID Korea 2024.

3 months ago - Business Wire

Universal Display Corporation (OLED) Q2 2024 Earnings Call Transcript

Universal Display Corporation (NASDAQ:OLED) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Darice Liu - Senior Director, IR Steven Abramson - President and CEO Brian ...

4 months ago - Seeking Alpha

Universal Display Corporation Announces Second Quarter 2024 Financial Results

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) today reported financial results for the second quarter ended June 30, 2024.

4 months ago - Business Wire

Universal Display Corporation Announces Second Quarter 2024 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 2Q24 results on August 1, 2024, and host a 5:00 p.m. ET earnings conference call.

5 months ago - Business Wire

Universal Display Corporation Holds Virtual 2024 Annual Meeting of Shareholders

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today held its Virtual 2024 Annual Meeting of Shareholders.

5 months ago - Business Wire

Universal Display Corporation to Commemorate 30th Anniversary by Ringing Nasdaq Closing Bell

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will celebrate its 30th anniversary by ringing the Closing Bell at Nasdaq MarketSite on June 17, 2024.

6 months ago - Business Wire

Universal Display Corporation to Hold Virtual 2024 Annual Meeting of Shareholders

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation to hold virtual 2024 Annual Meeting of Shareholders on June 20, 2024 at 10:00 AM ET.

6 months ago - Business Wire

Universal Display Corporation to Exhibit and Present at SID Display Week 2024

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will exhibit and present at SID Display Week 2024.

7 months ago - Business Wire

Universal Display Corporation (OLED) Q1 2024 Earnings Call Transcript

Universal Display Corporation (NASDAQ:OLED) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Darice Liu - Senior Director of Investor Relations Steven Abramson - President...

7 months ago - Seeking Alpha

Universal Display Corporation Announces First Quarter 2024 Financial Results

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) today reported financial results for the first quarter ended March 31, 2024.

7 months ago - Business Wire

Universal Display Corporation Announces First Quarter 2024 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 1Q24 results on May 2, 2024, and host a 5:00 p.m. ET earnings conference call.

8 months ago - Business Wire

Universal Display Corporation's Dr. Julie Brown to Receive Prestigious USC Viterbi Engineering Award

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that its EVP and CTO, Dr. Julie Brown, will be receiving the prestigious USC Viterbi Daniel J. Epstein Engineering Management Award.

8 months ago - Business Wire

Universal Display Corporation to Deliver Keynote Address and Sponsor ICDT 2024

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that it will deliver a keynote address & sponsor the International Conference on Display Technology (ICDT) (2024国际显示技术大会).

8 months ago - Business Wire

Universal Display Corporation Announces University Lecture Series and Participation and Sponsorship of OLED Korea Conference

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced its participation in University and conference lectures to support Korea's academic and scientific display communities.

8 months ago - Business Wire

39 Upcoming Dividend Increases Including 2 Dividend Kings

Thirty-nine companies, including Coca-Cola and Telephone and Data Systems, are raising their dividends.

9 months ago - Seeking Alpha

Universal Display Corporation Announces the Appointment of New Board Members

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company's Board of Directors.

9 months ago - Business Wire