Universal Display Corporation (OLED)
NASDAQ: OLED · IEX Real-Time Price · USD
175.70
-0.09 (-0.05%)
May 31, 2024, 4:00 PM EDT - Market closed
Universal Display Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Universal Display stock have an average target of 196.29, with a low estimate of 176 and a high estimate of 250. The average target predicts an increase of 11.72% from the current stock price of 175.70.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for OLED stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $198 | Strong Buy | Reiterates | $198 | +12.69% | May 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $198 | Strong Buy | Reiterates | $198 | +12.69% | Mar 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $210 → $200 | Buy | Reiterates | $210 → $200 | +13.83% | Feb 23, 2024 |
| Needham | Needham | Strong Buy Maintains $175 → $198 | Strong Buy | Maintains | $175 → $198 | +12.69% | Jan 22, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $161 → $180 | Strong Buy → Hold | Downgrades | $161 → $180 | +2.45% | Jan 19, 2024 |
Financial Forecast
Revenue This Year
674.60M
from 576.43M
Increased by 17.03%
Revenue Next Year
764.42M
from 674.60M
Increased by 13.31%
EPS This Year
4.89
from 4.24
Increased by 15.27%
EPS Next Year
5.65
from 4.89
Increased by 15.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 705.0M | 814.3M | 936.6M |
| Avg | 674.6M | 764.4M | 909.8M |
| Low | 642.6M | 700.2M | 874.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.3% | 20.7% | 22.5% |
| Avg | 17.0% | 13.3% | 19.0% |
| Low | 11.5% | 3.8% | 14.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.16 | 6.74 | 8.37 |
| Avg | 4.89 | 5.65 | 8.13 |
| Low | 4.51 | 4.90 | 7.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.6% | 37.9% | 48.0% |
| Avg | 15.3% | 15.7% | 43.8% |
| Low | 6.3% | 0.3% | 38.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.