Universal Display upgraded by BofA Securities with a new price target
$OLED
Electrical Products
Technology
BofA Securities upgraded Universal Display from Neutral to Buy and set a new price target of $250.00 from $160.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $250.00 → $225.00 | Buy | TD Cowen |
| 8/2/2024 | $210.00 → $250.00 | Buy | TD Cowen |
| 7/2/2024 | $198.00 → $242.00 | Buy | Needham |
| 2/23/2024 | $165.00 → $210.00 | Outperform | TD Cowen |
| 1/19/2024 | $161.00 → $180.00 | Buy → Neutral | Citigroup |
| 12/18/2023 | $160.00 → $250.00 | Neutral → Buy | BofA Securities |
| 1/19/2023 | $82.00 → $135.00 | Negative → Neutral | Susquehanna |
| 6/29/2022 | $190.00 → $135.00 | Buy → Neutral | BofA Securities |
10-Q - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Filer)
8-K - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Filer)
10-Q - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Filer)
TD Cowen reiterated coverage of Universal Display with a rating of Buy and set a new price target of $225.00 from $250.00 previously
TD Cowen reiterated coverage of Universal Display with a rating of Buy and set a new price target of $250.00 from $210.00 previously
Needham reiterated coverage of Universal Display with a rating of Buy and set a new price target of $242.00 from $198.00 previously
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
4 - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Issuer)
SC 13G - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Subject)
SC 13G/A - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Subject)
SC 13G/A - UNIVERSAL DISPLAY CORP \PA\ (0001005284) (Subject)
4 analysts have shared their evaluations of Universal Display (NASDAQ:OLED) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have recently evaluated Universal Display and provided 12-month price targets. The average target is $233.25, accompanied by a high estimate of $250.00 and a low estimate of $198.
Goldman Sachs analyst Brian Lee maintains Universal Display (NASDAQ:OLED) with a Buy and raises the price target from $208 to $243.
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its participation in the following investor and industry conferences. Investor Conferences: J.P. Morgan Global TMT Conference Date: November 18, 2024 Location: Hong Kong Presenter: Darice Liu, Senior Director of Investor Relations and Corporate Communications Nasdaq 51st Investor Conference Date: December 10, 2024 Presentation Time: 5:30 AM EST / 10:30 AM GMT * Location: London, U.K. Presenter: Brian Millard, Vice President and Chief Financial Officer * A live and archived audio webcast of the investor presentations will b
Universal Display Corporation (NASDAQ:OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved a fourth quarter cash dividend of $0.40 per share on the Company's common stock. The dividend is payable on December 31, 2024, to shareholders of record on December 17, 2024. The dividend reflects our expected continued cash flow generation, and commitment to return capital to our shareholders. Future dividends will be subject to Board approval. About Universal Display Corporation Universal Display Corporation (NASDAQ:OLED) is a leader in the research, development and commercialization of organi
Universal Display Corporation (NASDAQ:OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the third quarter ended September 30, 2024. "With strong year-to-date results, we are on track to achieve record revenues, earnings, and operating cash flow in 2024 as we continue our growth trajectory. The rate of growth this year, though, is expected to be more modest than previously projected. With recent updates to customer order expectations for the fourth quarter, we are lowering our 2024 revenue forecast range to $625 million to $645 million," said Brian Millard, Vice President and Chief Financial Office
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today held its Virtual 2024 Annual Meeting of Shareholders. "2023 was a significant year for our Company, as we continued to bolster our leadership position at the forefront of energy-efficient phosphorescent material solutions and best-in-class enabling OLED technologies," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. "In 2023, we achieved numerous milestones, such as signing new long-term customer agreements. We also purchased and celebrated the grand opening of our new manufacturing site
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company's Board of Directors, effective March 4, 2024. The addition of these new directors expands UDC's Board to ten members. "I am pleased to welcome Nigel and Joan to the Board," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation and a member of the Board. "Nigel adds a wealth of business innovation, technical knowledge and corporate strategic planning expertise to our Board. Joan brings over two decades of extensive scienti
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today held its Virtual 2023 Annual Meeting of Shareholders. "2022 was another year of growth and record financial results for our Company. We continued to build upon our global leadership position and strong customer partnerships with the achievement of important R&D milestones as well as investments in our technology and manufacturing infrastructure," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. "With PPG, our foundry partner for more than 20 years, we brought online an initial phase of o
Universal Display Corporation (NASDAQ:OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved a fourth quarter cash dividend of $0.40 per share on the Company's common stock. The dividend is payable on December 31, 2024, to shareholders of record on December 17, 2024. The dividend reflects our expected continued cash flow generation, and commitment to return capital to our shareholders. Future dividends will be subject to Board approval. About Universal Display Corporation Universal Display Corporation (NASDAQ:OLED) is a leader in the research, development and commercialization of organi
Universal Display Corporation (NASDAQ:OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the third quarter ended September 30, 2024. "With strong year-to-date results, we are on track to achieve record revenues, earnings, and operating cash flow in 2024 as we continue our growth trajectory. The rate of growth this year, though, is expected to be more modest than previously projected. With recent updates to customer order expectations for the fourth quarter, we are lowering our 2024 revenue forecast range to $625 million to $645 million," said Brian Millard, Vice President and Chief Financial Office
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the third quarter ended September 30, 2024, will be released on Wednesday, October 30, 2024, after market close. At that time, a copy of the financial results release will be available on the Company's website at https://oled.com/. In conjunction with this release, UDC will host a conference call on Wednesday, October 30, 2024, at 5:00 p.m. Eastern Time. The live webcast of the conference call can be accessed under the events page of the Company's Investor Relations website at ir.oled.com. Those wishing to par