Roth Capital raised the firm’s price target on Universal Display (OLED) 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLED:
- Universal Display Corp. Reports Record Q2 2025 Earnings
- Universal Display raises FY25 revenue view to $650M-$700M from $640M-$700M
- Universal Display reports Q2 EPS $1.41, consensus $1.16
- Universal Display Holds 2025 Annual Meeting on June 18
- Universal Display added to US Conviction List at Goldman Sachs