OLED Should I Buy
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Universal Display Corp (OLED) is not a strong buy at the moment for a beginner investor with a long-term strategy. The company's financial performance shows declining revenue, net income, and EPS, which raises concerns about its growth trajectory. Additionally, hedge funds are selling, and analysts have lowered price targets due to weaker market conditions. While options data and technical indicators show some neutral to slightly positive sentiment, there are no strong signals or catalysts to justify an immediate buy.
The MACD is positive and contracting, indicating a neutral to slightly bullish trend. RSI is neutral at 59.138, and moving averages are converging, suggesting no clear trend. Key resistance levels are at 131.364 and 136.528, while support levels are at 123.006 and 114.648. The stock is trading slightly above its pivot point of 123.006.
Analysts highlight potential benefits from technological advancements and increasing market demand in the OLED industry. The stock has a 60% chance to increase by 0.97% in the next day.
Hedge funds are selling heavily, with a 693.80% increase in selling over the last quarter. Analysts have lowered the price target from $150 to $130, citing weaker smartphone and PC market units. Financial performance has significantly declined YoY in revenue, net income, and EPS.
In Q3 2025, revenue dropped by -13.62% YoY to $139.6M, net income fell by -34.07% YoY to $44M, and EPS decreased by -34.29% YoY to 0.92. Gross margin also declined by -4.98% YoY to 71.2%.
Citi has lowered the price target to $130 from $150 and maintains a Neutral rating. This reflects cautious sentiment due to weaker market conditions in the smartphone and PC sectors.
