
Universal Display (OLED) Stock Forecast & Price Target
Universal Display (OLED) Analyst Ratings
Bulls say
Universal Display Corp is poised for growth, with a projected Q4 revenue of approximately $172 million, representing a 6% year-over-year increase. Strong performance in South Korea, particularly a 14% year-over-year revenue growth at Samsung, which constitutes about 54% of Q3 revenues, underscores the company's robust market position. Additionally, the OLED IT market is projected to expand significantly, from 15.96 million units in 2023 to 31 million units by 2027, indicating a positive long-term outlook for Universal Display's technology offerings.
Bears say
Universal Display Corp experienced a significant revenue decline of 14% year-over-year, bringing in $139.6 million, which fell short of consensus estimates by a substantial margin. The company's materials gross margin decreased slightly to 60.3%, and the overall operating margin dropped to 30.9%, down from 39.9% in the previous quarter. Furthermore, royalty and license fees—which constitute 38% of Q3 revenues—fell 29% year-over-year to $53.3 million, reflecting a continued weakening in key revenue streams.
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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