
Universal Display (OLED) Stock Forecast & Price Target
Universal Display (OLED) Analyst Ratings
Bulls say
Universal Display Corporation is projecting fourth-quarter revenues of approximately $172 million, reflecting a 6% year-over-year growth, driven primarily by robust demand from customers in South Korea, where revenues increased 8% year-over-year. Notably, Samsung, which accounts for around 54% of Q3 revenues, experienced a significant 14% year-over-year growth, aligning with the new iPhone model launch, while LG's revenues faced a decline. Furthermore, the OLED IT market is anticipated to expand to 31 million units by 2027, up from 15.96 million units in 2023, alongside the company's benefiting from increasing OLED-TV penetration in the premium market segment.
Bears say
Universal Display Corporation reported a significant 14% year-over-year decline in revenue, totaling $139.6 million, which fell well short of consensus expectations around $164.2 million. The company’s gross margins decreased to 74.6%, down from 77.2% in the previous quarter, reflecting pressure on profitability amid lower-than-expected royalty and license fee revenues, which plummeted by 29% year-over-year. Additionally, the overall operating margin decreased to 30.9%, a notable drop from 39.9% the prior quarter, indicating potential ongoing challenges in maintaining operational efficiency and profitability.
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
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