Universal Display Corporation (OLED)

NASDAQ: OLED · IEX Real-Time Price · USD
149.81
-3.15 (-2.06%)
At close: Apr 19, 2024, 4:00 PM
148.98
-0.83 (-0.55%)
After-hours: Apr 19, 2024, 6:24 PM EDT
-2.06%
Market Cap 7.10B
Revenue (ttm) 576.43M
Net Income (ttm) 203.01M
Shares Out 47.37M
EPS (ttm) 4.24
PE Ratio 35.33
Forward PE 30.67
Dividend $1.60 (1.07%)
Ex-Dividend Date Mar 14, 2024
Volume 269,232
Open 151.60
Previous Close 152.96
Day's Range 148.75 - 152.99
52-Week Range 125.98 - 194.84
Beta 1.45
Analysts Strong Buy
Price Target 196.29 (+31.03%)
Earnings Date May 2, 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, OLED's revenue was $576.43 million, a decrease of -6.52% compared to the previous year's $616.62 million. Earnings were $203.01 million, a decrease of -3.36%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for OLED stock is "Strong Buy." The 12-month stock price forecast is $196.29, which is an increase of 31.03% from the latest price.

Price Target
$196.29
(31.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

4 days 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 days 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).

22 days 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.

23 days ago - Business Wire

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.

6 weeks ago - Business Wire

Universal Display Corporation Announces Participation at Upcoming Conferences

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today announced its participation in the LOPEC, OLED Korea and ICDT industry conferences.

7 weeks ago - Business Wire

Universal Display Corporation Increases Quarterly Cash Dividend to $0.40 per Share

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC increases its first quarter 2024 cash dividend to $0.40 per common share, up from the prior quarter's $0.35. per share.

2 months ago - Business Wire

Universal Display Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

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

2 months ago - Business Wire

Universal Display Corporation Announces Fourth Quarter and Fiscal Year 2023 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 4Q23/FY23 results on Feb. 22, 2024 and host a 5:00 p.m. ET earnings conference call.

2 months ago - Business Wire

Universal Display Corporation Announces Participation at Upcoming Conference

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today announced its participation in the upcoming Needham investor conference.

3 months ago - Business Wire

Universal Display Corporation Named to The Wall Street Journal's List of Best-Managed Companies of 2023

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) has been named to The Wall Street Journal's (WSJ) Top 250 ranking of The Best-Managed Companies of 2023.

4 months ago - Business Wire

Universal Display Corporation Announces Quarterly Cash Dividend of $0.35 per Share

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced a 4Q23 cash dividend of $0.35 per share and that it is payable on December 29, 2023, to shareholders of record on December 15, 2023.

6 months ago - Business Wire

Universal Display Corporation Announces Third Quarter 2023 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, 2023.

6 months ago - Business Wire

Universal Display Corporation Announces Third Quarter 2023 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation is scheduled to announce 3Q23 results on Thursday, November 2, 2023, with a conference call at 5:00 p.m. EDT.

6 months ago - Business Wire

Universal Display Corporation Named to Newsweek's List of America's Greenest Companies 2024

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC was named to Newsweek's list of America's Greenest Companies 2024.

7 months ago - Business Wire

Universal Display Corporation Announces Recipients of the 2023 UDC Innovative Research and Pioneering Technology Awards at IMID Korea

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation Announces Recipients of the 2023 UDC Innovative Research and Pioneering Technology Awards at IMID Korea 2023.

8 months ago - Business Wire

Universal Display Corporation Announces Second Quarter 2023 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, 2023.

9 months ago - Business Wire

Universal Display Corporation Announces Second Quarter 2023 Conference Call

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation is scheduled to announce 2Q23 results on Thursday, August 3, 2023, with a conference call at 5:00 p.m. EDT.

10 months ago - Business Wire

Universal Display Corporation Receives TCL CSOT's Hand in Hand Strategic Partner Award

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation received the 2022 Hand in Hand Strategic Partner Award (聚力同行奖) from TCL China Star Optoelectronics Technology (TCL CSOT).

10 months ago - Business Wire

Universal Display Corporation Holds Virtual 2023 Annual Meeting of Shareholders

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today held its Virtual 2023 Annual Meeting of Shareholders.

11 months ago - Business Wire

How will AI affect stocks of semiconductor companies? Here are the 18 expected to grow their sales most quickly.

Now that investors and analysts have had a few weeks to digest Nvidia Corp.'s artificial-intelligence bombshell on May 24, it is time to screen semiconductor stocks to see which players in this dynami...

11 months ago - Market Watch

Universal Display Corporation to Hold Virtual 2023 Annual Meeting of Shareholders

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation to hold virtual 2023 Annual Meeting of Shareholders on June 15, 2023 at 10:00 AM ET.

11 months ago - Business Wire

Universal Display Corporation to Showcase Phosphorescent OLED Advances and Organic Vapor Jet Printing Milestone Achievements at SID Display Week 2023

EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC to showcase RGB PHOLED narrow emission lineshape and first-ever 7-layer printed PHOLED device with comparable performance to VTE at Display Week.

11 months ago - Business Wire

Universal Display Corporation and PPG Celebrate Opening of State-of-the-Art OLED Manufacturing Site in Shannon, Ireland

SHANNON, Ireland--(BUSINESS WIRE)---- $OLED #OLED--UDC and PPG celebrate the official opening of its new state-of-the-art OLED manufacturing site in Shannon, Ireland.

1 year ago - Business Wire

Universal Display Corporation Announces First Quarter 2023 Financial Results

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

1 year ago - Business Wire