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
Universal Display Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Universal Display stock have an average target of 196.29, with a low estimate of 176 and a high estimate of 250. The average target predicts an increase of 31.03% from the current stock price of 149.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for OLED stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $198 | Strong Buy | Reiterates | $198 | +32.17% | Mar 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $210 → $200 | Buy | Reiterates | $210 → $200 | +33.50% | Feb 23, 2024 |
| Needham | Needham | Strong Buy Maintains $175 → $198 | Strong Buy | Maintains | $175 → $198 | +32.17% | Jan 22, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $161 → $180 | Strong Buy → Hold | Downgrades | $161 → $180 | +20.15% | Jan 19, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $180 → $210 | Buy | Maintains | $180 → $210 | +40.18% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
665.83M
from 576.43M
Increased by 15.51%
Revenue Next Year
766.30M
from 665.83M
Increased by 15.09%
EPS This Year
4.88
from 4.24
Increased by 15.21%
EPS Next Year
5.82
from 4.88
Increased by 19.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 693.5M | 821.4M | 939.4M |
| Avg | 665.8M | 766.3M | 912.6M |
| Low | 635.0M | 702.3M | 876.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.3% | 23.4% | 22.6% |
| Avg | 15.5% | 15.1% | 19.1% |
| Low | 10.2% | 5.5% | 14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.67 | 6.80 | 8.49 |
| Avg | 4.88 | 5.82 | 8.25 |
| Low | 4.32 | 4.90 | 7.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.7% | 39.3% | 45.9% |
| Avg | 15.2% | 19.2% | 41.8% |
| Low | 2.0% | 0.3% | 36.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.