Universal Display Corporation (OLED)

NASDAQ: OLED · IEX Real-Time Price · USD
152.42
+3.99 (2.69%)
Mar 30, 2023, 11:15 AM EDT - Market open
2.69%
Market Cap 7.20B
Revenue (ttm) 616.62M
Net Income (ttm) 210.06M
Shares Out 47.25M
EPS (ttm) 4.40
PE Ratio 33.73
Forward PE 28.90
Dividend $1.25 (0.82%)
Ex-Dividend Date Mar 16, 2023
Volume 149,609
Open 150.00
Previous Close 148.43
Day's Range 149.27 - 152.88
52-Week Range 89.41 - 173.31
Beta 1.44
Analysts Buy
Price Target 156.44 (+2.64%)
Earnings Date May 4, 2023

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. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and man... [Read more]

Sector Technology
IPO Date May 14, 1992
Employees 409
Stock Exchange NASDAQ
Ticker Symbol OLED
Full Company Profile

Financial Performance

In 2022, OLED's revenue was $616.62 million, an increase of 11.40% compared to the previous year's $553.53 million. Earnings were $210.06 million, an increase of 14.03%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for OLED stock is "Buy." The 12-month stock price forecast is $156.44, which is an increase of 2.64% from the latest price.

Price Target
$156.44
(2.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Universal Display Corporation Sponsors and Presents at ICDT 2023

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation announced its sponsorship & presentation at the International Conference on Display Technology (ICDT) (2023国际显示技术大会).

1 day ago - Business Wire

OSIS vs. OLED: Which Stock Is the Better Value Option?

OSIS vs. OLED: Which Stock Is the Better Value Option?

Other symbols: OSIS
1 day ago - Zacks Investment Research

Universal Display Corporation Announces Participation at Upcoming Conferences

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC will participate at these investor & industry conferences: BofA APAC TMT, ICDT 2023, Princeton Materials Symposium, 2023 MRS and 2023 OLED Korea.

3 weeks ago - Business Wire

Universal Display (OLED) Hikes Quarterly Dividend Payout

A steady dividend payout with periodic increases is part of Universal Display's (OLED) long-term strategy to provide attractive risk-adjusted returns to its stockholders.

1 month ago - Zacks Investment Research

Universal Display's stock advances as Wall Street overlooks outlook miss

Shares of Universal Display Corp. were popping nearly 6% in Friday afternoon trading after the maker of display technologies easily topped earnings and revenue expectations for its latest quarter.

1 month ago - Market Watch

Universal Display (OLED) Beats Q4 Revenue & Earnings Estimates

Universal Display (OLED) witnessed a top-line expansion year over year, backed by a robust patent portfolio, strong end market demand, and the company's continued investment in infrastructure and capa...

1 month ago - Zacks Investment Research

Universal Display Corp. (OLED) Tops Q4 Earnings and Revenue Estimates

Universal Display (OLED) delivered earnings and revenue surprises of 46.24% and 13.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Universal Display Corporation Announces Fourth Quarter and Full Year 2022 Financial Results

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation reported recorded 2022 results of $617M in revenue and $4.40 per share of earnings. Conf call is at 5:00pm EST today.

1 month ago - Business Wire

Universal Display Corporation Increases Quarterly Cash Dividend to $0.35 per Share

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC increases its first quarter 2023 cash dividend to $0.35 per common share, up from the prior quarter's $0.30. per share.

1 month ago - Business Wire

PPG achieves ISO 14001 certification of environmental management system

SHANNON, Ireland--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has achieved International Organization for Standardization (ISO) 14001 certification for an environmental management syste...

Other symbols: PPG
2 months ago - Business Wire

LFUS vs. OLED: Which Stock Is the Better Value Option?

LFUS vs. OLED: Which Stock Is the Better Value Option?

Other symbols: LFUS
2 months ago - Zacks Investment Research

Universal Display Corporation Announces Fourth Quarter and Fiscal Year 2022 Conference Call

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its re...

2 months ago - Business Wire

Seiko Epson and Universal Display Announce OLED Evaluation Agreement

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced an OLE...

2 months ago - Business Wire

Strength Seen in Universal Display (OLED): Can Its 8.0% Jump Turn into More Strength?

Universal Display (OLED) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price in...

2 months ago - Zacks Investment Research

Universal Display Corporation to Present at Needham Growth Conference

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced that Steve A...

2 months ago - Business Wire

TTDKY or OLED: Which Is the Better Value Stock Right Now?

TTDKY vs. OLED: Which Stock Is the Better Value Option?

Other symbols: TTDKY
3 months ago - Zacks Investment Research

International Conference on Display Technology (ICDT) Awards Universal Display Corporation with Excellent Paper Honor

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that t...

3 months ago - Business Wire

Universal Display Corporation Named to Newsweek's America's Most Responsible Companies for Third Consecutive Year

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that t...

3 months ago - Business Wire

Universal Display Corporation Announces Passing of Founder and Visionary Entrepreneur Sherwin I. Seligsohn

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED) today announced that Founder Sherwin I. Seligsohn passed away on December 3, 2022. The entire UDC community mourns the loss...

4 months ago - Business Wire

TTDKY vs. OLED: Which Stock Is the Better Value Option?

TTDKY vs. OLED: Which Stock Is the Better Value Option?

Other symbols: TTDKY
4 months ago - Zacks Investment Research

Universal Display Corp. (OLED) Q3 Earnings and Revenues Beat Estimates

Universal Display (OLED) delivered earnings and revenue surprises of 24.44% and 10.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Earnings Preview: Universal Display Corp. (OLED) Q3 Earnings Expected to Decline

Universal Display (OLED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

LG Display Honors Universal Display Corporation with Technology Innovation Award

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Longstanding partner, LG Display, honors Universal Display Corporation with Technology Innovation Award at Tech Forum event.

6 months ago - Business Wire