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Upturn AI SWOT - About
OLED 
Universal Display (OLED)
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Upturn Advisory Summary
08/28/2025: OLED (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $181.89
1 Year Target Price $181.89
| 4 | Strong Buy |
| 3 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -21.58% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.71B USD | Price to earnings Ratio 27.53 | 1Y Target Price 181.89 |
Price to earnings Ratio 27.53 | 1Y Target Price 181.89 | ||
Volume (30-day avg) 10 | Beta 1.47 | 52 Weeks Range 103.40 - 214.08 | Updated Date 08/28/2025 |
52 Weeks Range 103.40 - 214.08 | Updated Date 08/28/2025 | ||
Dividends yield (FY) 1.21% | Basic EPS (TTM) 5.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When Before Market | Estimate 1.19 | Actual 1.41 |
Profitability
Profit Margin 36.95% | Operating Margin (TTM) 39.9% |
Management Effectiveness
Return on Assets (TTM) 8.69% | Return on Equity (TTM) 15.09% |
Valuation
Trailing PE 27.53 | Forward PE 27.47 | Enterprise Value 6205358769 | Price to Sales(TTM) 10.14 |
Enterprise Value 6205358769 | Price to Sales(TTM) 10.14 | ||
Enterprise Value to Revenue 9.36 | Enterprise Value to EBITDA 20.51 | Shares Outstanding 47534200 | Shares Floating 43752353 |
Shares Outstanding 47534200 | Shares Floating 43752353 | ||
Percent Insiders 7.85 | Percent Institutions 87.11 |
Upturn AI SWOT
Universal Display
Company Overview
History and Background
Universal Display Corporation (UDC) was founded in 1994. Its early focus was on OLED technology development and licensing. A significant milestone was the commercialization of phosphorescent OLED materials. Over time, UDC has evolved into a key player in OLED materials and technology for displays and lighting.
Core Business Areas
- OLED Materials: Develops and commercializes OLED materials, including phosphorescent emitters and hosts, essential for high-efficiency and vibrant displays. It licenses its materials to display manufacturers.
- Technology Licensing and Services: Licenses its OLED technology to display manufacturers and provides technical assistance and know-how to support their OLED production efforts.
- Contract Research: Performs contract research and development for government and commercial customers to advance OLED technologies.
Leadership and Structure
The leadership team includes Steven V. Abramson (President & CEO) and Brian H. Siegel (EVP & CFO). The organizational structure is based on functional departments covering R&D, manufacturing, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Phosphorescent Emitters: UDC's phosphorescent emitters are used in OLED displays to improve energy efficiency and color performance. While exact market share figures are difficult to pinpoint due to confidentiality agreements with manufacturers, UDC is considered a market leader in phosphorescent OLED emitter materials. Competitors include Merck (MRK) and Idemitsu Kosan.
- Host Materials: UDC also provides host materials that support the emissive layers in OLED displays, contributing to device lifetime and performance. Again, specific market share is not publicly available, but UDC holds a strong position. Competitors include Merck (MRK) and Idemitsu Kosan.
- Display Technology Licensing: Licensing its OLED technology. The revenue for this product is proprietary. The main competitor is LG Display with its OLED technology.
Market Dynamics
Industry Overview
The OLED display market is experiencing significant growth, driven by increasing adoption in smartphones, televisions, wearables, and automotive displays. The industry is characterized by technological innovation, high capital expenditure requirements, and strong competition.
Positioning
Universal Display is a key enabler of the OLED industry, holding a strong position due to its proprietary phosphorescent OLED technology and strong IP portfolio. Its competitive advantage lies in its materials' performance and licensing model.
Total Addressable Market (TAM)
The OLED market is expected to reach hundreds of billions of dollars in the coming years. UDC is positioned to capture a significant share of this market through its materials sales and technology licensing.
Upturn SWOT Analysis
Strengths
- Strong IP portfolio in OLED technology
- Leading position in phosphorescent OLED materials
- Established relationships with major display manufacturers
- Recurring revenue from licensing agreements
- High gross margins
Weaknesses
- Dependence on the OLED display industry's growth
- Concentration of revenue among a few key customers
- Potential for new display technologies to emerge and compete with OLED
- Reliance on key raw materials and suppliers
Opportunities
- Expanding OLED adoption in new applications (e.g., automotive, lighting)
- Developing new OLED materials and technologies (e.g., flexible displays, transparent displays)
- Acquiring complementary technologies or businesses
- Increasing royalty rates with improving display performance.
Threats
- Competition from alternative display technologies (e.g., microLED, QLED)
- Pricing pressure from display manufacturers
- Intellectual property infringement
- Economic downturn impacting consumer electronics demand
Competitors and Market Share
Key Competitors
- MRK
- LPL
- OTCQX:IDKOF
Competitive Landscape
Universal Display has a competitive advantage due to its proprietary technology and strong IP portfolio. However, it faces competition from other material suppliers and display manufacturers.
Major Acquisitions
Adesis
- Year: 2021
- Acquisition Price (USD millions): 35.8
- Strategic Rationale: Expanded UDC's capabilities in chemistry and materials research and development, enhancing its OLED technology.
Growth Trajectory and Initiatives
Historical Growth: Universal Display has experienced significant revenue growth over the past decade, driven by the increasing adoption of OLED displays.
Future Projections: Analysts project continued revenue growth for Universal Display, driven by expanding OLED applications and market share gains. Future Revenue Projections = [800, 850, 900] (USD millions)
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in R&D for new OLED materials, and strengthening relationships with key customers.
Summary
Universal Display is a strong company with a leading position in the OLED display market. Its proprietary technology and strong relationships with display manufacturers drive consistent revenue growth. The company needs to watch out for emerging display technologies and pricing pressures from customers. Its dependence on a few key customers poses a risk, so diversification is important.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Industry Reports, Analyst Estimates, Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share and financial data are estimates and may vary. Future performance is not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Universal Display
Exchange NASDAQ | Headquaters Ewing, NJ, United States | ||
IPO Launch date 1992-05-14 | President, CEO & Director Mr. Steven V. Abramson | ||
Sector Technology | Industry Electronic Components | Full time employees 468 | Website https://oled.com |
Full time employees 468 | Website https://oled.com | ||
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 offers phosphorescent organic light-emitting diode (PHOLED) technologies and materials for displays and lighting products under the UniversalPHOLED brand. The company 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; and OVJP, an organic vapor jet printing technology. In addition, it provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. The company has operations in South Korea, China, Japan, the United States, and internationally. Universal Display Corporation was incorporated in 1985 and is headquartered in Ewing, New Jersey.
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