Universal Display (OLED)

• Market cap: $7.1B
• 1 day: -0.70%
• 5 days: -7.84%
• 1 month: -9.87%
• 3 months: -29.28%
• 6 months: -27.81%
• Year to date: -19.86%
• 1 year: -19.67%
• 5 years: -25.50%
• 10 years: 441.19%
• Sector: Information Technology
• Industry: Electronic Components & Accessories

About: Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.

Employees: 456

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

37% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 54

13% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 149

12% more call options, than puts

Call options by funds: $141M | Put options by funds: $126M

4% more funds holding

Funds holding: 456 [Q2] → 476 (+20) [Q3]

2.55% more ownership

Funds ownership: 79.02% [Q2] → 81.57% (+2.55%) [Q3]

3% more capital invested

Capital invested by funds: $7.84B [Q2] → $8.11B (+$272M) [Q3]

38% less funds holding in top 10

Funds holding in top 10: 13 [Q2] → 8 (-5) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $215 44% upside
• Avg. target: $220 47% upside
• High target: $225 50% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

TD Cowen Krish Sankar 42% 1-year accuracy 11 / 26 met price target	50% upside $225	Buy Maintained	31 Oct 2024
Oppenheimer Martin Yang 72% 1-year accuracy 23 / 32 met price target	47% upside $220	Outperform Maintained	31 Oct 2024
Needham James Ricchiuti 59% 1-year accuracy 64 / 109 met price target	44% upside $215	Buy Maintained	31 Oct 2024