UNIVERSAL DISPLAY CORP \PA\ (OLED) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does UNIVERSAL DISPLAY CORP \PA\ Do?
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey. UNIVERSAL DISPLAY CORP \PA\ (OLED) is classified as a mid-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Steven V. Abramson and employs approximately 440 people, headquartered in EWING, New Jersey. With a market capitalization of $4.2B, OLED is one of the notable companies in the Technology sector.
UNIVERSAL DISPLAY CORP \PA\ (OLED) Stock Rating — Reduce (April 2026)
As of April 2026, UNIVERSAL DISPLAY CORP \PA\ receives a Reduce rating with a composite score of 42.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.OLED ranks #2,205 out of 4,446 stocks in our coverage universe. Within the Technology sector, UNIVERSAL DISPLAY CORP \PA\ ranks #243 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
OLED Stock Price and 52-Week Range
UNIVERSAL DISPLAY CORP \PA\ (OLED) currently trades at $97.22. The stock gained $3.76 (4.0%) in the most recent trading session. The 52-week high for OLED is $163.21, which means the stock is currently trading -40.4% from its annual peak. The 52-week low is $93.03, putting the stock 4.5% above its annual trough. Recent trading volume was 626K shares, suggesting relatively thin trading activity.
Is OLED Overvalued or Undervalued? — Valuation Analysis
UNIVERSAL DISPLAY CORP \PA\ (OLED) carries a value factor score of 63/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 17.69x, compared to the Technology sector average of 45.27x — a discount of 61%. The price-to-book ratio stands at 2.44x, versus the sector average of 3.16x. The price-to-sales ratio is 6.71x, compared to 1.06x for the average Technology stock. On an enterprise value basis, OLED trades at 17.28x EV/EBITDA, versus 12.79x for the sector.
Overall, OLED's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
UNIVERSAL DISPLAY CORP \PA\ Profitability — ROE, Margins, and Quality Score
UNIVERSAL DISPLAY CORP \PA\ (OLED) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 13.8%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 12.3% versus the sector average of -1.0%.
On a margin basis, UNIVERSAL DISPLAY CORP \PA\ reports gross margins of 76.7%, compared to 50.9% for the sector. The operating margin is 38.5% (sector: -0.5%). Net profit margin stands at 37.7%, versus -1.5% for the average Technology stock. Revenue growth is running at -11.9% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
OLED Debt, Balance Sheet, and Financial Health
UNIVERSAL DISPLAY CORP \PA\ has a debt-to-equity ratio of 12.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 10.06x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $122M.
OLED has a beta of 1.62, meaning it is more volatile than the broader market — a $10,000 investment in OLED would be expected to move 61.8% more than the S&P 500 on any given day. The stability factor score for UNIVERSAL DISPLAY CORP \PA\ is 50/100, reflecting average volatility within the normal range for its sector.
UNIVERSAL DISPLAY CORP \PA\ Revenue and Earnings History — Quarterly Trend
In TTM 2026, UNIVERSAL DISPLAY CORP \PA\ reported revenue of $639M and earnings per share (EPS) of $5.09. Net income for the quarter was $243M. Gross margin was 76.7%. Operating income came in at $248M.
In FY 2025, UNIVERSAL DISPLAY CORP \PA\ reported revenue of $651M and earnings per share (EPS) of $5.09. Net income for the quarter was $242M. Gross margin was 76.3%. Revenue grew 0.5% year-over-year compared to FY 2024. Operating income came in at $249M.
In Q3 2025, UNIVERSAL DISPLAY CORP \PA\ reported revenue of $140M and earnings per share (EPS) of $0.93. Net income for the quarter was $44M. Gross margin was 74.6%. Revenue grew -13.6% year-over-year compared to Q3 2024. Operating income came in at $43M.
In Q2 2025, UNIVERSAL DISPLAY CORP \PA\ reported revenue of $172M and earnings per share (EPS) of $1.41. Net income for the quarter was $67M. Gross margin was 77.2%. Revenue grew 8.4% year-over-year compared to Q2 2024. Operating income came in at $69M.
Over the past 8 quarters, UNIVERSAL DISPLAY CORP \PA\ has demonstrated a growth trajectory, with revenue expanding from $159M to $639M. Investors analyzing OLED stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
OLED Dividend Yield and Income Analysis
UNIVERSAL DISPLAY CORP \PA\ (OLED) currently pays a dividend yield of 1.2%. At this yield, a $10,000 investment in OLED stock would generate approximately $$122.00 in annual dividend income. With a net margin of 37.7%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
OLED Momentum and Technical Analysis Profile
UNIVERSAL DISPLAY CORP \PA\ (OLED) has a momentum factor score of 20/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 46/100 reflects moderate short selling activity.
OLED vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, UNIVERSAL DISPLAY CORP \PA\ (OLED) ranks #243 out of 584 stocks based on the Blank Capital composite score. This places OLED in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing OLED against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full OLED vs S&P 500 (SPY) comparison to assess how UNIVERSAL DISPLAY CORP \PA\ stacks up against the broader market across all factor dimensions.
OLED Next Earnings Date
No upcoming earnings date has been announced for UNIVERSAL DISPLAY CORP \PA\ (OLED) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy OLED? — Investment Thesis Summary
The quantitative profile for UNIVERSAL DISPLAY CORP \PA\ suggests caution. The value score of 63/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 20/100, a headwind for near-term performance.
In summary, UNIVERSAL DISPLAY CORP \PA\ (OLED) earns a Reduce rating with a composite score of 42.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on OLED stock.
Related Resources for OLED Investors
Explore more research and tools: OLED vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare OLED head-to-head with peers: OLED vs IHS, OLED vs VRSN, OLED vs ESE.