Universal Display Corporation logo

Universal Display Corporation

OLED

NASDAQTechnologyHardware, Equipment & Parts

Previous close

$85.84

−$0.66 · -0.76%

Aug 21, 4:00 PM ET

OLED company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

23

Weakening

Sentiment

84

Very Bullish

Risk resilience

38

High Risk

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Company profile

Company website

Universal Display Corporation is dedicated to the investigation, advancement, and market deployment of organic light-emitting diode (OLED) innovations and their constituent materials, primarily for use in display and solid-state illumination applications. The company safeguards its intellectual property with a vast global portfolio of roughly 5,500 patents, encompassing both granted and pending applications, which it either owns outright, licenses exclusively, or holds sole sublicensing authority over. Manufacturers of displays, lighting, and other goods procure its specialized UniversalPHOLED materials. Beyond these core offerings, Universal Display actively cultivates and commercializes a diverse array of other OLED device and production methodologies. Notable among these are FOLED (flexible OLEDs for crafting devices on pliable substrates), OVJP (an organic vapor jet printing technique), thin-film encapsulation (critical for packaging flexible OLEDs and other thin-film components, as well as serving as a protective barrier for plastic bases), and UniversalP2OLED (phosphorescent OLEDs designed for printing). The corporation also extends technology development and support services, collaborating with and assisting external entities in launching their OLED products. Furthermore, it undertakes contract research initiatives, delving into the synthesis, development, and commercialization of chemical materials for uses outside the OLED domain. Established in 1985, Universal Display Corporation maintains its primary corporate offices in Ewing, New Jersey.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Steven V. Abramson
Listed since
Apr 11, 1996
Employees
469

Market position

Day range

Current $85.84

52-week range

Current $85.84

Open
$86.03
Previous close
$86.50
Volume
653.95K
0.79× average
Average volume
830.54K
Average daily volume
Market cap
3.95B USD
Beta
1.56
Market reference 1
50-day average
$84.6712
+1.38% above average
200-day average
$101.74
-15.62% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.43B USD
P/E (TTM)
20.68×
P/B (TTM)
2.38×
P/S (TTM)
6.5×
EV / EBITDA
18.41×
Earnings yield
4.36%
Free cash flow yield
2.60%
Dividend yield
2.21%

Profitability & efficiency

Gross margin
75.33%
Operating margin
34.07%
Net margin
32.24%
Return on equity
13.75%
Return on assets
12.33%
Return on invested capital
11.00%

Financial health

Debt / equity
0.01×
Current ratio
10.06×
Altman Z-score
13.67
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends84%65%47%29%Gross margin, FY2021: 79.23%Gross margin, FY2022: 79.26%Gross margin, FY2023: 76.51%Gross margin, FY2024: 77.08%Gross margin, FY2025: 76.31%Operating margin, FY2021: 41.13%Operating margin, FY2022: 43.32%Operating margin, FY2023: 37.68%Operating margin, FY2024: 36.87%Operating margin, FY2025: 38.21%Net margin, FY2021: 33.28%Net margin, FY2022: 34.07%Net margin, FY2023: 35.22%Net margin, FY2024: 34.29%Net margin, FY2025: 37.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 79.23%. Gross margin FY2022 79.26%. Gross margin FY2023 76.51%. Gross margin FY2024 77.08%. Gross margin FY2025 76.31%. Operating margin FY2021 41.13%. Operating margin FY2022 43.32%. Operating margin FY2023 37.68%. Operating margin FY2024 36.87%. Operating margin FY2025 38.21%. Net margin FY2021 33.28%. Net margin FY2022 34.07%. Net margin FY2023 35.22%. Net margin FY2024 34.29%. Net margin FY2025 37.21%.

Income trends

Revenue

650.61M USD+0.45%

Operating income

248.58M USD+4.09%

Net income

242.08M USD+9.00%
Income trends across reported periods697.25M USD510.69M USD324.13M USD137.57M USDRevenue, FY2021: 553.53M USDRevenue, FY2022: 616.62M USDRevenue, FY2023: 576.43M USDRevenue, FY2024: 647.68M USDRevenue, FY2025: 650.61M USDOperating income, FY2021: 227.64M USDOperating income, FY2022: 267.11M USDOperating income, FY2023: 217.19M USDOperating income, FY2024: 238.8M USDOperating income, FY2025: 248.58M USDNet income, FY2021: 184.21M USDNet income, FY2022: 210.06M USDNet income, FY2023: 203.01M USDNet income, FY2024: 222.08M USDNet income, FY2025: 242.08M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 553.53M USD. Revenue FY2022 616.62M USD. Revenue FY2023 576.43M USD. Revenue FY2024 647.68M USD. Revenue FY2025 650.61M USD. Operating income FY2021 227.64M USD. Operating income FY2022 267.11M USD. Operating income FY2023 217.19M USD. Operating income FY2024 238.8M USD. Operating income FY2025 248.58M USD. Net income FY2021 184.21M USD. Net income FY2022 210.06M USD. Net income FY2023 203.01M USD. Net income FY2024 222.08M USD. Net income FY2025 242.08M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue650.61M USD647.68M USD576.43M USD616.62M USD553.53M USD
Cost of goods sold154.13M USD148.46M USD135.38M USD127.9M USD114.99M USD
Gross profit496.49M USD499.22M USD441.05M USD488.72M USD438.53M USD
Research and development146.1M USD157.19M USD130.48M USD117.06M USD99.67M USD
Selling, general, and administrative74.32M USD74.29M USD67.39M USD77.89M USD80.37M USD
Operating expenses247.91M USD260.42M USD223.86M USD221.61M USD210.89M USD
Interest income39.71M USD40.68M USD28.17M USD7.81M USD505K USD
Depreciation and amortization46.59M USD44.14M USD43.4M USD42.27M USD41.96M USD
Operating income248.58M USD238.8M USD217.19M USD267.11M USD227.64M USD
Net income242.08M USD222.08M USD203.01M USD210.06M USD184.21M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+4.60%
11 comparable reports
Latest EPS result
1.06
Estimate 1.03 · Beat by 2.91%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.471.210.960.7Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 1.22, estimate 1.08, surprise +12.96%, Beat. Q2 2025, reported May 1, 2025: actual 1.35, estimate 1.09, surprise +23.85%, Beat. Q3 2025, reported Jul 31, 2025: actual 1.41, estimate 1.16, surprise +21.55%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.92, estimate 1.18, surprise -22.03%, Miss. Q1 2026, reported Feb 19, 2026: actual 1.39, estimate 1.28, surprise +8.59%, Beat. Q2 2026, reported Apr 30, 2026: actual 0.76, estimate 1.13, surprise -32.74%, Miss. Q3 2026, reported Jul 30, 2026: actual 1.06, estimate 1.03, surprise +2.91%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 1.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates180.16M164.33M148.51M132.68MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 162.29M USD, estimate 152.75M USD, surprise +6.25%, Beat. Q2 2025, reported May 1, 2025: actual 166.28M USD, estimate 156.08M USD, surprise +6.53%, Beat. Q3 2025, reported Jul 31, 2025: actual 171.79M USD, estimate 166.94M USD, surprise +2.90%, Beat. Q4 2025, reported Nov 6, 2025: actual 139.61M USD, estimate 165.56M USD, surprise -15.67%, Miss. Q1 2026, reported Feb 19, 2026: actual 172.93M USD, estimate 173.23M USD, surprise -0.17%, Miss. Q2 2026, reported Apr 30, 2026: actual 142.21M USD, estimate 161.23M USD, surprise -11.80%, Miss. Q3 2026, reported Jul 30, 2026: actual 152.16M USD, estimate 157.55M USD, surprise -3.42%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 162.72M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$122.6

42.82% upside
Past 12 months12-month forecastHigh $168Average $122.6Low $90.00

Rating distribution

19 ratings
Strong buy00%
Buy1263%
Hold737%
Sell00%
Strong sell00%

OLED news

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