Latest news with #UniversalDisplay
Yahoo
16-06-2025
- Business
- Yahoo
Unpacking Q1 Earnings: Universal Display (NASDAQ:OLED) In The Context Of Other Analog Semiconductors Stocks
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Universal Display (NASDAQ:OLED) and the best and worst performers in the analog semiconductors industry. Demand for analog chips is generally linked to the overall level of economic growth, as analog chips serve as the building blocks of most electronic goods and equipment. Unlike digital chip designers, analog chip makers tend to produce the majority of their own chips, as analog chip production does not require expensive leading edge nodes. Less dependent on major secular growth drivers, analog product cycles are much longer, often 5-7 years. The 15 analog semiconductors stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 2.2% while next quarter's revenue guidance was 0.9% above. Luckily, analog semiconductors stocks have performed well with share prices up 15.5% on average since the latest earnings results. Serving major consumer electronics manufacturers, Universal Display (NASDAQ:OLED) is a provider of organic light emitting diode (OLED) technologies used in display and lighting applications. Universal Display reported revenues of $166.3 million, flat year on year. This print exceeded analysts' expectations by 6.8%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates. 'We began 2025 on a solid financial note and continue to remain confident in the long-term growth trajectory of the OLED market. At the same time, we recognize the increasing complexity and uncertainty of the global landscape. In this environment, we are committed to our long-term strategy of advancing our leadership through the continuous invention, development and delivery of state-of-the-art OLED technologies and materials. With a powerful innovation engine, strong balance sheet, resilient supply chain, and operational agility, we are well-positioned to adapt to change, respond swiftly and continue supporting our customers and partners,' said Brian Millard, Vice President and Chief Financial Officer of Universal Display Corporation. Universal Display achieved the biggest analyst estimates beat of the whole group. The stock is up 9.6% since reporting and currently trades at $154.50. Is now the time to buy Universal Display? Access our full analysis of the earnings results here, it's free. Taiwan-based Himax Technologies (NASDAQ:HIMX) is a leading manufacturer of display driver chips and timing controllers used in TVs, laptops, and mobile phones. Himax reported revenues of $215.1 million, up 3.7% year on year, outperforming analysts' expectations by 2.4%. The business had an exceptional quarter with a solid beat of analysts' EPS estimates and revenue guidance for next quarter exceeding analysts' expectations. The market seems happy with the results as the stock is up 21.3% since reporting. It currently trades at $9.05. Is now the time to buy Himax? Access our full analysis of the earnings results here, it's free. Named after the founder's ancestral village in present-day Lithuania, Vishay Intertechnology (NYSE:VSH) manufactures simple chips and electronic components that are building blocks of virtually all types of electronic devices. Vishay Intertechnology reported revenues of $715.2 million, down 4.2% year on year, falling short of analysts' expectations by 0.6%. It was a slower quarter as it posted a significant miss of analysts' EPS estimates. Vishay Intertechnology delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 13% since the results and currently trades at $15.17. Read our full analysis of Vishay Intertechnology's results here. Founded by two MIT graduates, Ray Stata and Matthew Lorber in 1965, Analog Devices (NASDAQ:ADI) is one of the largest providers of high performance analog integrated circuits used mainly in industrial end markets, along with communications, autos, and consumer devices. Analog Devices reported revenues of $2.64 billion, up 22.3% year on year. This print surpassed analysts' expectations by 5.2%. It was a very strong quarter as it also produced a solid beat of analysts' EPS estimates and an impressive beat of analysts' adjusted operating income estimates. The stock is up 1.5% since reporting and currently trades at $225.21. Read our full, actionable report on Analog Devices here, it's free. With its technology found in common consumer electronics such as TVs and smartphones, Magnachip Semiconductor (NYSE:MX) is a provider of analog and mixed-signal semiconductors. Magnachip reported revenues of $44.72 million, up 3% year on year. This result was in line with analysts' expectations. Overall, it was a strong quarter as it also recorded a solid beat of analysts' EPS estimates and an impressive beat of analysts' adjusted operating income estimates. The stock is up 15% since reporting and currently trades at $3.84. Read our full, actionable report on Magnachip here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Yahoo
04-06-2025
- Business
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Universal Display Corporation to Hold Virtual 2025 Annual Meeting of Shareholders
EWING, N.J., June 04, 2025--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2025 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Wednesday, June 18, 2025. To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 4, 2025, will need to visit and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability. Guests may attend the 2025 Annual Meeting in a listen-only mode. Online access and check-in will begin at 9:45 A.M. Eastern Time on June 18th. Participants should allow plenty of time to log in prior to the start of the Annual Meeting. An archive of the meeting will be available for replay within 24 hours after its conclusion on the events page of the Company's Investor Relations website at About Universal Display Corporation Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency 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 high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks. All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results and future declaration of dividends, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled "Risk Factors" in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2024. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document. Follow Universal Display Corporation X Facebook YouTube (OLED-C) View source version on Contacts Universal Display Contact: Darice Liuinvestor@ media@ +1 609-964-5123 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
04-06-2025
- Business
- Business Wire
Universal Display Corporation to Hold Virtual 2025 Annual Meeting of Shareholders
BUSINESS WIRE)-- Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, will hold its 2025 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Wednesday, June 18, 2025. To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 4, 2025, will need to visit and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability. Guests may attend the 2025 Annual Meeting in a listen-only mode. Online access and check-in will begin at 9:45 A.M. Eastern Time on June 18 th. Participants should allow plenty of time to log in prior to the start of the Annual Meeting. An archive of the meeting will be available for replay within 24 hours after its conclusion on the events page of the Company's Investor Relations website at About Universal Display Corporation Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency 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 high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks. All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results and future declaration of dividends, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled 'Risk Factors' in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2024. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document. Follow Universal Display Corporation X Facebook YouTube (OLED-C)
Yahoo
17-05-2025
- Business
- Yahoo
Universal Display Corporation (NASDAQ:OLED) institutional owners may be pleased with recent gains after 9.3% loss over the past year
Significantly high institutional ownership implies Universal Display's stock price is sensitive to their trading actions A total of 16 investors have a majority stake in the company with 50% ownership Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock We check all companies for important risks. See what we found for Universal Display in our free report. A look at the shareholders of Universal Display Corporation (NASDAQ:OLED) can tell us which group is most powerful. The group holding the most number of shares in the company, around 82% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). After a year of 9.3% losses, last week's 8.1% gain would be welcomed by institutional investors as a possible sign that returns might start trending higher. Let's delve deeper into each type of owner of Universal Display, beginning with the chart below. Check out our latest analysis for Universal Display Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Universal Display does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Universal Display's historic earnings and revenue below, but keep in mind there's always more to the story. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Universal Display is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 11% of shares outstanding. For context, the second largest shareholder holds about 9.7% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder. Additionally, the company's CEO Steven Abramson directly holds 0.5% of the total shares outstanding. A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Universal Display Corporation. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around US$142m worth of shares (at current prices). Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a 13% stake in Universal Display. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It's always worth thinking about the different groups who own shares in a company. But to understand Universal Display better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
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OLED Q1 Earnings Call: Blue Milestone, Tariff Impacts, and Revenue Outlook Discussed
OLED provider Universal Display (NASDAQ:OLED) reported Q1 CY2025 results topping the market's revenue expectations , but sales were flat year on year at $166.3 million. The company expects the full year's revenue to be around $670 million, close to analysts' estimates. Its non-GAAP profit of $1.35 per share was 20.2% above analysts' consensus estimates. Is now the time to buy OLED? Find out in our full research report (it's free). Revenue: $166.3 million vs analyst estimates of $155.6 million (flat year on year, 6.8% beat) Adjusted EPS: $1.35 vs analyst estimates of $1.12 (20.2% beat) Adjusted EBITDA: $80.76 million vs analyst estimates of $71.93 million (48.6% margin, 12.3% beat) The company reconfirmed its revenue guidance for the full year of $670 million at the midpoint Operating Margin: 41.9%, up from 38% in the same quarter last year Free Cash Flow Margin: 10.5%, down from 39.3% in the same quarter last year Inventory Days Outstanding: 447, up from 422 in the previous quarter Market Capitalization: $7.28 billion Universal Display's first quarter results were driven by steady licensing revenue and ongoing demand for its OLED (organic light-emitting diode) materials, particularly in IT and smartphone applications. Management cited a recent uptick in orders, which they believe was influenced by customers responding to new tariff developments. CEO Steve Abramson described recent progress with blue phosphorescent OLED technology—highlighted by LG Display's announcement of successful commercialization—as a notable step for the company and its customers. Looking forward, Universal Display maintained its revenue guidance for the year, noting that market dynamics remain unpredictable due to global trade tensions and the timing of new technology adoption. CFO Brian Millard stated, 'We continue to believe our revenues will be in the range of $640 million to $700 million,' and emphasized the company's focus on innovation and supply chain resilience as key to navigating volatility in the near term. Universal Display's management attributed the flat year-on-year revenue in Q1 to balancing steady licensing income with shifts in material sales. The company's commentary focused on several pivotal developments in OLED technology, supply chain, and customer trends that shaped the quarter and set the stage for future growth. Blue OLED Commercialization Milestone: LG Display's public announcement of successful commercial-level performance using Universal Display's blue phosphorescent material was described as a significant development. Management stressed that blue OLED is critical for improving energy efficiency and enabling broader adoption across smartphones and IT devices. Material Sales Mix: The quarter saw reduced green emitter sales offset by stable red emitter sales, reflecting variable customer purchasing patterns. Management noted that adoption timing and customer inventory management continued to impact quarterly material sales. Tariff-Driven Order Timing: An uptick in orders was observed in April, which management linked to customers anticipating new or increased tariffs. This trend was viewed as likely pulling forward some demand that may have otherwise occurred later in the year. Tandem Architecture Trends: The company highlighted the growing use of tandem OLED structures—where two emissive layers are stacked—to improve device lifetime, especially in IT products like tablets and monitors. However, the adoption in smartphones remains limited. Supply Chain and Manufacturing Diversification: Universal Display pointed to its expanded manufacturing footprint, including a new facility in Ireland, as a strategic move to ensure flexibility and resilience amid global supply chain uncertainties. Management's outlook for the remainder of the year centers on technology milestones, customer adoption of new OLED architectures, and the unpredictability surrounding global trade and tariffs. Blue OLED Adoption: The pace at which customers, especially large panel makers, integrate blue phosphorescent OLED into commercial products will be a key determinant of revenue growth and margin expansion. Tariff and Trade Environment: Ongoing changes in tariff policy could accelerate or delay customer orders, impacting revenue timing and possibly creating volatility in quarterly results. Product Roadmap Expansion: The company's push into new applications—including automotive and advanced IT devices—may broaden its addressable market, but actual uptake will depend on customer product launches and consumer demand. Tyler Bisset (Goldman Sachs): Asked how LG Display's blue OLED milestone affects adoption timelines and pricing. Management said product launch timing is up to customers and that pricing discussions are ongoing. James Ricchiuti (Needham & Company): Sought clarification on the commercial viability of pure phosphorescent blue solutions. Management explained that customer approaches vary and emphasized the efficiency benefits of phosphorescent materials. Mehdi Hosseini (SIG): Questioned whether the current blue implementation is a bridge to wider adoption. Management noted the tandem structure is mainly for high-end devices, with broader rollout dependent on further advancements. Scott Searle (ROTH Capital Partners): Asked about the impact of tariffs on order timing. Management confirmed increased orders in April were likely due to tariff concerns, but full-year guidance remains unchanged. Nam Kim (Arete Research): Inquired about the use of Universal Display's blue host materials and the relevance of tandem versus single-layer structures. Management declined to discuss specific customer recipes but confirmed ongoing development in both areas. Looking ahead, the StockStory team will be monitoring (1) the pace and breadth of blue phosphorescent OLED adoption across major customer product lines, (2) any further shifts in customer order patterns tied to evolving tariff and trade policies, and (3) developments in tandem and single-layer OLED architectures, particularly in IT and smartphone markets. Progress in these areas will be central to Universal Display's growth trajectory. Universal Display currently trades at a forward EV-to-EBITDA ratio of 33.1×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
