Universal Display (OLED)

• Market cap: $7.08B
• 1 day: 1.44%
• 5 days: 2.18%
• 1 month: -4.24%
• 3 months: -27.20%
• 6 months: -33.64%
• Year to date: -0.26%
• 1 year: -14.28%
• 5 years: -29.88%
• 10 years: 464.45%
• 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)

45% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 51

13% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 149

4% more funds holding

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

3.24% more ownership

Funds ownership: 81.52% [Q2] → 84.76% (+3.24%) [Q3]

7% more call options, than puts

Call options by funds: $143M | Put options by funds: $134M

4% more capital invested

Capital invested by funds: $8.09B [Q2] → $8.43B (+$340M) [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: $200 34% upside
• Avg. target: $213 43% upside
• High target: $225 51% upside

3 analyst ratings

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

Needham James Ricchiuti 59% 1-year accuracy 68 / 115 met price target	44% upside $215	Buy Reiterated	16 Jan 2025
Oppenheimer Martin Yang 75% 1-year accuracy 24 / 32 met price target	34% upside $200	Outperform Maintained	2 Jan 2025
TD Cowen Krish Sankar 38% 1-year accuracy 10 / 26 met price target	51% upside $225	Buy Maintained	31 Oct 2024