The Latest Breaking News from Universal Display

A Relative Strength Rating upgrade for Universal Display shows improving technical performance.

OLED's future just got a little brighter, but don't expect to see the results in the shops any time soon – certainly on TVs.

OLED display specialist Universal Display crushed estimates for the fourth quarter but forecast declining sales in the year ahead.

Upgrades

According to Benzinga Pro, during Q1, Universal Display (NASDAQ:OLED) earned $49.97 million, a 8.92% increase from the preceding quarter. Universal Display also posted a total of $150.47 million in sales, a 2.89% increase since Q4.

Universal Display (NASDAQ:OLED) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:08 PM. Here's what investors need to know about the announcement. Earnings Universal Display beat estimated earnings by 7.14%, reporting an EPS of $1.05 versus an estimate of $0.98.

Analysts slashed their price targets on Universal Display Corp (NASDAQ:OLED) following Q4 results. Deutsche Bank analyst Sidney Ho lowered the price target to $180 from $240 (20% upside) and kept a Buy. Although the company's 2022 outlook was below expectations, the announcement of phosphorescent Blue being ready for commercialization by…

Universal Display (NASDAQ:OLED) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:08 PM. Here's what investors need to know about the announcement.