
Universal Display (OLED) Stock Forecast & Price Target
Universal Display (OLED) Analyst Ratings
Bulls say
Universal Display Corp is projected to achieve Q4 revenues of approximately $172 million, representing a 6% year-over-year growth, with an upward revision in revenue estimates indicating a positive trend. Notably, revenues from South Korean customers increased by 8% year-over-year, significantly driven by a 14% year-over-year growth from Samsung, which constitutes a substantial portion of the company’s revenue. Additionally, the OLED IT market is expected to grow from 15.96 million units in 2023 to 31 million units by 2027, alongside a rising demand for OLED-TVs, reinforcing a favorable outlook for Universal Display's financial performance.
Bears say
Universal Display Corp reported a significant decline in revenue, falling 14% year-over-year to $139.6 million, which was substantially below the consensus estimate of $164.2 million. The company's gross margins also decreased, coming in at 74.6%, down from 77.2% in the previous quarter and below expectations for 76.9%. Additionally, royalty and license fees, which accounted for 38% of total revenue, saw a sharp decline of 29% year-over-year to $53.3 million, contributing to the overall negative financial outlook for the company.
This aggregate rating is based on analysts' research of Universal Display and is not a guaranteed prediction by Public.com or investment advice.
Universal Display (OLED) Analyst Forecast & Price Prediction
Start investing in Universal Display (OLED)
Order type
Buy in
Order amount
Est. shares
0 shares