Universal Display Corporation Delivers Keynote Address and Announces Recipients of the 2024 UDC Innovative Research and Pioneering Technology Awards at IMID Korea | Intellectia.AI
Universal Display Corporation Delivers Keynote Address and Announces Recipients of the 2024 UDC Innovative Research and Pioneering Technology Awards at IMID Korea
Written by Emily J. Thompson, Senior Investment Analyst
Keynote Address and Awards at IMID 2024: Universal Display Corporation's Dr. Julie Brown delivered a keynote address at the IMID 2024 conference, where the UDC Innovative Research Award and UDC Pioneering Technology Award were presented to researchers for their contributions in organic electronics and display technologies.
Company Overview: Universal Display Corporation is a leader in OLED technology, holding over 6,000 patents and focusing on energy-efficient displays and lighting solutions, while also supporting research and innovation in the field.
OLED
$118.605+Infinity%1D
Analyst Views on OLED
Wall Street analysts forecast OLED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OLED is 174.75 USD with a low forecast of 150.00 USD and a high forecast of 194.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast OLED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OLED is 174.75 USD with a low forecast of 150.00 USD and a high forecast of 194.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 119.210
Low
150.00
Averages
174.75
High
194.00
Current: 119.210
Low
150.00
Averages
174.75
High
194.00
Roth Capital
Buy
downgrade
$220 -> $194
2025-11-07
Reason
Roth Capital
Price Target
$220 -> $194
2025-11-07
downgrade
Buy
Reason
Roth Capital lowered the firm's price target on Universal Display to $194 from $220 and keeps a Buy rating on the shares. The company reported a Q3 revenue miss but management maintained its 2025 outlook with a bias toward the lower end of the sales range, the analyst tells investors in a research note. Roth reduced estimates and is still waiting for Blue as it resides in the hands of multiple Universal Display customers.
Roth Capital
Buy
maintain
$213 -> $220
2025-08-01
Reason
Roth Capital
Price Target
$213 -> $220
2025-08-01
maintain
Buy
Reason
Roth Capital raised the firm's price target on Universal Display to $220 from $213 and keeps a Buy rating on the shares. The company reported solid Q2 upside and raised the low end of its 2025 guidance, the analyst tells investors in a research note. In the near-term, the market appears to have stabilized with demand from IT, while longer-term, IT and the emerging auto markets, as well as new 8.6 gen capacity, position the company for a sustained growth cycle in 2026 and beyond, the firm added.
Goldman Sachs
NULL -> Buy
initiated
$183
2025-06-02
Reason
Goldman Sachs
Price Target
$183
2025-06-02
initiated
NULL -> Buy
Reason
Goldman Sachs analysts added Universal Display to the firm's US Conviction List as part of its monthly update. Goldman has a Buy rating on the shares with a $183 price target. The company is poised to introduce a new material, blue, that will allow its customers to build displays that use less energy and thus extend battery life for devices like smartphones and tablets, the analyst tells investors in a research note.
BofA
Simon Woo
Buy
downgrade
$220 -> $160
2025-04-24
Reason
BofA
Simon Woo
Price Target
$220 -> $160
2025-04-24
downgrade
Buy
Reason
BofA analyst Simon Woo lowered the firm's price target on Universal Display to $160 from $220 and keeps a Buy rating on the shares. The firm sees U.S. tariffs and slow progress in blue color material commercialization as "the new discount factors," but reiterates a Buy due to the company's high margin profile and strong net-cash position.
About OLED
Universal Display Corporation is engaged in the research, development and commercialization of organic light-emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLED displays can be used in the mobile phone, television, monitor, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR) and automotive markets. It has an intellectual property portfolio surrounding its existing PHOLED technologies and materials for both displays and lighting products, which the Company markets under the UniversalPHOLED brand. It licenses its proprietary technologies, including UniversalPHOLED phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers UniversalPHOLED materials. Its additional OLED technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
