Roth Capital analyst Scott Searle lowered the firm’s price target on Universal Display (OLED) to $180 from $194 and keeps a Buy rating on the shares after its Q4 earnings beat. After a stagnating period of demand from somewhat saturated smartphones and stagnating OLED TVs, Universal Display and the materials market appear poised to return to growth with ramping IT demand, blue emitters and additional 8.6 gen capacity, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLED:
- Universal Display increases quarterly dividend to 50c per share
- Universal Display reports Q4 EPS $1.39, consensus $1.27
- Universal Display sees FY26 revenue $650M-$700M, consensus $720.33M
- OLED Upcoming Earnings Report: What to Expect?
- The VanEck Semiconductor ETF (SMH) News: Weekly Fund Flow Statistics – 1/27/26