OLED Stock Analysis: Universal Display | NASDAQ
Electronic Components | NASDAQ, USA | Market Cap: 3.679m USD | 12M Return: -48.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 64.2M
EPS Trend: 60.2%
Qual. Beats: -1
Rev. Trend: 73.6%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Universal Display Corporation (NASDAQ: OLED) researches, develops, and commercializes organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Classified within the GICS Semiconductors sub-industry, the company operates through a model that combines the sale of proprietary emitter materials with licensing of its patented OLED technology to display manufacturers.
Its main offerings include phosphorescent OLED (PHOLED) technologies sold under the UniversalPHOLED brand, flexible OLED (FOLED) solutions, and OVJP (organic vapor jet printing) technology. Beyond materials, the company provides technology development and support services, contract chemical synthesis research for non-OLED applications, and intellectual property and technology licensing arrangements.
Universal Display was incorporated in 1985 and is headquartered in Ewing, New Jersey. It operates as a mid-cap U.S. company with activities in the United States, South Korea, China, Japan, and other international markets. OLED technology is widely used across the consumer electronics sector, including smartphones, televisions, and wearable devices.
- Apple OLED adoption in iPad and MacBook expands addressable market
- Samsung Display and BOE panel shipments drive material revenue
- Chinese and Korean materials suppliers intensify pricing competition
| Net Income: 213.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.74 > 1.0 |
| NWC/Revenue: 133.2% < 20% (prev 139.6%; Δ -6.36% < -1%) |
| CFO/TA 0.15 > 3% & CFO 289.1m > Net Income 213.5m |
| Net Debt (-476.7m) to EBITDA (308.6m): -1.54 < 3 |
| Current Ratio: 9.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (47.2m) vs 12m ago -1.01% < -2% |
| Gross Margin: 72.57% > 18% (prev 76.22%; Δ -3.64% > 0.5%) |
| Asset Turnover: 33.33% > 50% (prev 34.79%; Δ -1.46% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.44 (Total Current Assets 932.3m - Total Current Liabilities 97.8m) / Total Assets 1.89b |
| B: 0.58 (Retained Earnings 1.10b / Total Assets 1.89b) |
| C: 0.14 (EBIT TTM 260.0m / Avg Total Assets 1.88b) |
| D: 8.93 (Book Value of Equity 1.70b / Total Liabilities 190.7m) |
| Altman-Z'' = 15.10 = AAA |
| DSRI: 0.69 (Receivables 93.6m/139.6m, Revenue 626.5m/648.7m) |
| GMI: 1.05 (GM 76.22% / 72.57%) |
| AQI: 1.17 (AQ_t 0.40 / AQ_t-1 0.34) |
| SGI: 0.97 (Revenue 626.5m / 648.7m) |
| TATA: -0.04 (NI 213.5m - CFO 289.1m) / TA 1.89b) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of July 10, 2026, the stock is trading at USD 80.15 with a total of 626,488 shares traded. Over the past week, the price has changed by -3.49%, over one month by -9.78%, over three months by -13.78% and over the past year by -48.10%.
Current recommended Stop Loss: 74.90 (which is 6.6% or 1.3 ATR below the current price).
Universal Display has received a consensus analysts rating of 4.10. Therefore, it is recommended to buy OLED.
- StrongBuy: 4
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 127.6 | 59.2% |
P/E Trailing = 17.5278
P/E Forward = 15.7729
P/S = 5.8724
P/B = 2.1592
P/EG = 0.9976
Revenue TTM = 626.5m USD
EBIT TTM = 260.0m USD
EBITDA TTM = 308.6m USD
Long Term Debt = 17.6m USD (estimated: total debt 22.1m - short term 4.55m)
Short Term Debt = 4.55m USD (from shortTermDebt, last quarter)
Debt = 39.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 17.6m
Net Debt = -476.7m USD (calculated: Debt 39.7m - CCE 516.4m)
Enterprise Value = 3.20b USD (3.68b + Debt 39.7m - CCE 516.4m)
Interest Coverage Ratio = unknown (Ebit TTM 260.0m / Interest Expense TTM 0.0)
EV/FCF = 13.51x (Enterprise Value 3.20b / FCF TTM 237.1m)
FCF Yield = 7.40% (FCF TTM 237.1m / Enterprise Value 3.20b)
FCF Margin = 37.85% (FCF TTM 237.1m / Revenue TTM 626.5m)
Net Margin = 34.08% (Net Income TTM 213.5m / Revenue TTM 626.5m)
Gross Margin = 72.57% ((Revenue TTM 626.5m - Cost of Revenue TTM 171.8m) / Revenue TTM)
Gross Margin QoQ = 70.60% (prev 73.43%)
Tobins Q-Ratio = 1.69 (Enterprise Value 3.20b / Total Assets 1.89b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 39.7m)
Taxrate = 17.87% (46.4m / 260.0m)
NOPAT = 213.5m (EBIT 260.0m * (1 - 17.87%))
Current Ratio = 9.54 (Total Current Assets 932.3m / Total Current Liabilities 97.8m)
Debt / Equity = 0.02 (Debt 39.7m / totalStockholderEquity, last quarter 1.70b)
Debt / EBITDA = -1.54 (Net Debt -476.7m / EBITDA 308.6m)
Debt / FCF = -2.01 (Net Debt -476.7m / FCF TTM 237.1m)
Total Stockholder Equity = 1.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.36% (Net Income 213.5m / Total Assets 1.89b)
RoE = 12.33% (Net Income TTM 213.5m / Total Stockholder Equity 1.73b)
RoCE = 14.87% (EBIT 260.0m / Capital Employed (Equity 1.73b + L.T.Debt 17.6m))
RoIC = 12.06% (NOPAT 213.5m / Invested Capital 1.77b)
WACC = 11.97% (E(3.68b)/V(3.72b) * Re(12.10%) + D(39.7m)/V(3.72b) * Rd(0.0%) * (1-Tc(0.18)))
Discount Rate = 12.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 42.22 | Cagr: -0.39%
[DCF] Terminal Value 67.18% ; FCFF base≈207.7m ; Y1≈238.1m ; Y5≈350.5m
[DCF] Fair Price = 78.81 (EV 3.21b - Net Debt -476.7m = Equity 3.68b / Shares 46.8m; r=11.97% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 60.17 | EPS CAGR: 4.25% | SUE: -1.84 | # QB: -1
Revenue Correlation: 73.56 | Revenue CAGR: 3.61% | SUE: -1.05 | # QB: -1
EPS current Quarter (2026-06-30): EPS=1.03 | Chg30d=-10.20% | Revisions=-62% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.14 | Chg30d=-8.43% | Revisions=-62% | Analysts=5
EPS current Year (2026-12-31): EPS=4.31 | Chg30d=+1.20% | Revisions=-62% | GrowthEPS=-15.2% | GrowthRev=-0.5%
EPS next Year (2027-12-31): EPS=4.96 | Chg30d=-0.51% | Revisions=-62% | GrowthEPS=+15.2% | GrowthRev=+8.0%
[Analyst] Revisions Ratio: -87% (up=0, down=20)