Universal Display (OLED) Stock Forecast, Price Target & Predictions
OLED Stock Forecast
Universal Display stock forecast is as follows: an average price target of $201.00 (represents a -3.90% downside from OLED’s last price of $209.15) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
OLED Price Target
The average price target for Universal Display (OLED) is $201.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $150.00. This represents a potential -3.90% downside from OLED's last price of $209.15.
OLED Analyst Ratings
According to 9 Wall Street analysts, Universal Display's rating consensus is 'Buy'. The analyst rating breakdown for OLED stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Universal Display Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Atif Malik | Citigroup | $200.00 | $194.12 | 3.03% | -4.37% |
| Jul 03, 2024 | Martin Yang | Oppenheimer | $250.00 | $213.44 | 17.13% | 19.53% |
| Jul 02, 2024 | James Ricchiuti | Needham | $242.00 | $208.61 | 16.01% | 15.71% |
| May 03, 2024 | Brooks Idlet | CFRA | $172.00 | $171.33 | 0.39% | -17.76% |
| Feb 24, 2023 | Martin Yang | Oppenheimer | $400.00 | $129.56 | 208.74% | 91.25% |
| Aug 01, 2022 | - | Deutsche Bank | $150.00 | $113.31 | 32.38% | -28.28% |
| Jul 28, 2022 | - | Goldman Sachs | $192.00 | $112.98 | 69.94% | -8.20% |
| Jul 26, 2022 | - | Needham | $140.00 | $112.86 | 24.05% | -33.06% |
| May 06, 2022 | - | Needham | $165.00 | $129.62 | 27.30% | -21.11% |
| Jul 28, 2021 | Brian K. Lee | Goldman Sachs | $285.00 | $219.50 | 29.84% | 36.27% |
The latest Universal Display stock forecast, released on Aug 23, 2024 by Atif Malik from Citigroup, set a price target of $200.00, which represents a 3.03% increase from the stock price at the time of the forecast ($194.12), and a -4.37% decrease from OLED last price ($209.15).
Universal Display Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $200.00 | $230.67 | $216.00 |
| Last Closing Price | $209.15 | $209.15 | $209.15 |
| Upside/Downside | -4.37% | 10.29% | 3.28% |
In the current month, the average price target of Universal Display stock is $200.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.37% decrease as opposed to Universal Display's last price of $209.15. This month's average price target is down -13.30% compared to last quarter, and down -7.41% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 02, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 18, 2024 | Raymond James | Buy | Buy | Hold |
| Jul 18, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Jul 03, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jul 02, 2024 | Needham | Buy | Buy | Hold |
| May 03, 2024 | CFRA | Hold | Hold | Hold |
| Dec 18, 2023 | Bank of America Securities | Neutral | Buy | Upgrade |
| Feb 24, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 01, 2022 | Deutsche Bank | Buy | Buy | Hold |
Universal Display's last stock rating was published by Citigroup on Aug 23, 2024. The company gave OLED a "Neutral" rating, the same as its previous rate.
Universal Display Financial Forecast
Universal Display Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $141.08M | $146.56M | $130.47M | $169.03M | $160.56M | - | $150.47M | $146.25M | $143.62M | $129.66M | $134.00M | $141.54M | $117.08M | $57.97M | $112.28M | $101.73M | $97.52M | $118.17M | $87.77M | $70.14M | $77.55M |
| Avg Forecast | $210.40M | $195.39M | $178.93M | $173.28M | $174.79M | $165.07M | $159.46M | $150.75M | $161.08M | $148.88M | $128.60M | $135.90M | $148.97M | $147.97M | $148.52M | $144.54M | $144.60M | $145.26M | $128.09M | $119.95M | $109.30M | $90.05M | $74.20M | $93.94M | $100.97M | $85.88M | $79.26M | $64.44M | $50.85M | $106.63M |
| High Forecast | $217.68M | $202.15M | $185.12M | $179.27M | $180.83M | $168.08M | $164.98M | $155.96M | $169.08M | $160.15M | $133.05M | $140.60M | $154.12M | $153.09M | $148.52M | $149.21M | $149.27M | $149.96M | $132.23M | $123.83M | $112.84M | $92.96M | $76.60M | $96.98M | $104.24M | $88.66M | $81.83M | $66.52M | $61.02M | $127.96M |
| Low Forecast | $202.37M | $187.93M | $172.10M | $166.66M | $168.12M | $161.86M | $153.37M | $144.99M | $156.98M | $141.19M | $123.69M | $130.71M | $143.28M | $142.33M | $148.52M | $139.11M | $139.16M | $139.80M | $123.28M | $115.44M | $105.19M | $86.67M | $71.41M | $90.41M | $97.17M | $82.65M | $76.28M | $62.02M | $40.68M | $85.31M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.95% | 1.14% | 0.96% | 1.13% | 1.09% | - | 1.04% | 1.01% | 0.99% | 1.01% | 1.12% | 1.29% | 1.30% | 0.78% | 1.20% | 1.01% | 1.14% | 1.49% | 1.36% | 1.38% | 0.73% |
Universal Display's average Quarter revenue forecast for Dec 23 based on 3 analysts is $161.08M, with a low forecast of $156.98M, and a high forecast of $169.08M. OLED's average Quarter revenue forecast represents a 14.18% increase compared to the company's last Quarter revenue of $141.08M (Sep 23).
Universal Display EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | $48.44M | $58.64M | $54.76M | $85.98M | $78.48M | - | $73.38M | $67.70M | $68.51M | $60.66M | $73.50M | $76.27M | $59.08M | $9.41M | $55.96M | $45.97M | $52.28M | $60.36M | $45.72M | $25.76M | $35.31M |
| Avg Forecast | $99.76M | $92.64M | $84.83M | $82.16M | $82.87M | $78.26M | $75.61M | $83.06M | $76.37M | $70.59M | $60.97M | $75.51M | $70.63M | $83.66M | $70.42M | $68.64M | $71.05M | $76.05M | $50.68M | $46.52M | $64.88M | $54.50M | $16.38M | $41.97M | $57.15M | $34.25M | $66.39M | $24.47M | $15.99M | $44.94M |
| High Forecast | $103.21M | $95.84M | $87.77M | $85.00M | $85.74M | $79.69M | $78.22M | $99.67M | $80.16M | $75.93M | $63.08M | $90.61M | $73.07M | $100.39M | $70.42M | $82.37M | $85.27M | $91.26M | $60.82M | $55.82M | $77.86M | $65.40M | $19.65M | $50.36M | $68.58M | $41.11M | $79.67M | $29.37M | $19.19M | $53.92M |
| Low Forecast | $95.95M | $89.10M | $81.60M | $79.02M | $79.71M | $76.74M | $72.72M | $66.45M | $74.43M | $66.94M | $58.65M | $60.41M | $67.94M | $66.93M | $70.42M | $54.91M | $56.84M | $60.84M | $40.55M | $37.22M | $51.91M | $43.60M | $13.10M | $33.58M | $45.72M | $27.40M | $53.11M | $19.58M | $12.79M | $35.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.69% | 0.96% | 0.73% | 1.22% | 0.94% | - | 1.07% | 0.95% | 0.90% | 1.20% | 1.58% | 1.18% | 1.08% | 0.57% | 1.33% | 0.80% | 1.53% | 0.91% | 1.87% | 1.61% | 0.79% |
3 analysts predict OLED's average Quarter EBITDA for Dec 23 to be $76.37M, with a high of $80.16M and a low of $74.43M. This is 57.68% upper than Universal Display's previous annual EBITDA (Sep 23) of $48.44M.
Universal Display Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | $51.52M | $49.68M | $39.84M | $65.13M | $53.45M | - | $49.97M | $45.88M | $46.11M | $40.54M | $51.69M | $53.90M | $40.50M | $815.00K | $38.16M | $26.43M | $36.96M | $43.44M | $31.47M | $19.25M | $22.82M |
| Avg Forecast | $75.37M | $67.54M | $59.26M | $60.06M | $63.21M | $56.40M | $54.08M | $56.14M | $55.00M | $47.98M | $35.54M | $51.04M | $44.87M | $56.30M | $47.90M | $46.40M | $48.15M | $51.19M | $33.88M | $32.71M | $45.86M | $37.36M | $1.42M | $28.62M | $32.86M | $24.22M | $47.78M | $16.85M | $11.95M | $29.04M |
| High Forecast | $78.75M | $70.58M | $61.92M | $62.76M | $66.05M | $59.22M | $56.51M | $67.37M | $61.06M | $54.70M | $37.13M | $61.25M | $46.89M | $67.56M | $47.90M | $55.68M | $57.78M | $61.42M | $40.65M | $39.26M | $55.03M | $44.84M | $1.70M | $34.34M | $39.43M | $29.06M | $57.34M | $20.22M | $14.34M | $34.85M |
| Low Forecast | $71.63M | $64.19M | $56.32M | $57.08M | $60.07M | $54.05M | $51.40M | $44.92M | $50.34M | $44.15M | $33.77M | $40.83M | $42.65M | $45.04M | $47.90M | $37.12M | $38.52M | $40.95M | $27.10M | $26.17M | $36.68M | $29.89M | $1.13M | $22.89M | $26.29M | $19.37M | $38.23M | $13.48M | $9.56M | $23.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.07% | 1.40% | 0.78% | 1.45% | 0.95% | - | 1.08% | 0.95% | 0.90% | 1.20% | 1.58% | 1.18% | 1.08% | 0.57% | 1.33% | 0.80% | 1.53% | 0.91% | 1.87% | 1.61% | 0.79% |
Universal Display's average Quarter net income forecast for Dec 23 is $55.00M, with a range of $50.34M to $61.06M. OLED's average Quarter net income forecast represents a 6.77% increase compared to the company's last Quarter net income of $51.52M (Sep 23).
Universal Display SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | $18.08M | $17.08M | $15.40M | $18.51M | $18.44M | - | $21.06M | $22.77M | $20.96M | $20.24M | $16.40M | $16.22M | $13.58M | $16.15M | $15.40M | $19.08M | $12.62M | $15.94M | $11.97M | $12.53M | $12.12M |
| Avg Forecast | $28.56M | $26.52M | $24.28M | $23.52M | $23.72M | $22.40M | $21.64M | $23.66M | $21.86M | $20.21M | $17.45M | $21.51M | $20.22M | $25.59M | $20.16M | $19.56M | $23.90M | $23.27M | $16.91M | $10.38M | $13.80M | $12.53M | $28.10M | $11.55M | $23.72M | $8.27M | $17.53M | $6.41M | $7.77M | $15.43M |
| High Forecast | $29.54M | $27.44M | $25.12M | $24.33M | $24.54M | $22.81M | $22.39M | $28.40M | $22.95M | $21.74M | $18.06M | $25.82M | $20.92M | $30.71M | $20.16M | $23.47M | $28.68M | $27.92M | $20.29M | $12.46M | $16.56M | $15.03M | $33.71M | $13.86M | $28.47M | $9.92M | $21.04M | $7.69M | $9.33M | $18.51M |
| Low Forecast | $27.47M | $25.51M | $23.36M | $22.62M | $22.82M | $21.97M | $20.82M | $18.93M | $21.31M | $19.16M | $16.79M | $17.21M | $19.45M | $20.48M | $20.16M | $15.65M | $19.12M | $18.61M | $13.53M | $8.31M | $11.04M | $10.02M | $22.48M | $9.24M | $18.98M | $6.62M | $14.03M | $5.13M | $6.22M | $12.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.90% | 0.98% | 0.72% | 0.92% | 0.72% | - | 1.08% | 0.95% | 0.90% | 1.20% | 1.58% | 1.18% | 1.08% | 0.57% | 1.33% | 0.80% | 1.53% | 0.91% | 1.87% | 1.61% | 0.79% |
Universal Display's average Quarter SG&A projection for Dec 23 is $21.86M, based on 3 Wall Street analysts, with a range of $21.31M to $22.95M. The forecast indicates a 20.89% rise compared to OLED last annual SG&A of $18.08M (Sep 23).
Universal Display EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | $1.08 | $1.04 | $0.83 | $1.37 | $1.12 | - | $1.05 | $0.97 | $0.97 | $0.85 | $1.09 | $1.13 | $0.85 | $0.02 | $0.80 | $0.56 | $0.78 | $0.92 | $0.66 | $0.40 | $0.48 |
| Avg Forecast | $1.58 | $1.42 | $1.24 | $1.26 | $1.33 | $1.18 | $1.14 | $1.07 | $1.15 | $1.01 | $0.75 | $0.82 | $0.94 | $0.98 | $1.01 | $0.98 | $1.01 | $1.07 | $0.88 | $0.79 | $0.64 | $0.45 | $0.30 | $0.62 | $0.74 | $0.58 | $0.46 | $0.29 | $0.18 | $0.84 |
| High Forecast | $1.65 | $1.48 | $1.30 | $1.32 | $1.39 | $1.24 | $1.19 | $1.12 | $1.28 | $1.15 | $0.78 | $0.86 | $0.98 | $1.03 | $1.01 | $1.03 | $1.05 | $1.12 | $0.92 | $0.83 | $0.67 | $0.47 | $0.31 | $0.64 | $0.77 | $0.60 | $0.48 | $0.31 | $0.22 | $1.01 |
| Low Forecast | $1.50 | $1.35 | $1.18 | $1.20 | $1.26 | $1.13 | $1.08 | $1.02 | $1.06 | $0.93 | $0.71 | $0.78 | $0.90 | $0.94 | $1.01 | $0.94 | $0.96 | $1.02 | $0.84 | $0.75 | $0.61 | $0.42 | $0.28 | $0.59 | $0.70 | $0.55 | $0.43 | $0.28 | $0.14 | $0.67 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.07% | 1.39% | 1.01% | 1.45% | 1.14% | - | 1.07% | 0.96% | 0.90% | 0.96% | 1.37% | 1.77% | 1.90% | 0.07% | 1.30% | 0.76% | 1.35% | 2.01% | 2.24% | 2.22% | 0.57% |
According to 3 Wall Street analysts, Universal Display's projected average Quarter EPS for Dec 23 is $1.15, with a low estimate of $1.06 and a high estimate of $1.28. This represents a 6.93% increase compared to OLED previous annual EPS of $1.08 (Sep 23).
Universal Display Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VICR | Vicor | $36.76 | $65.00 | 76.82% | Hold |
| APH | Amphenol | $63.58 | $98.58 | 55.05% | Buy |
| JBL | Jabil | $105.90 | $126.80 | 19.74% | Buy |
| MEI | Methode Electronics | $10.57 | $12.50 | 18.26% | Hold |
| TEL | TE Connectivity | $145.84 | $159.86 | 9.61% | Buy |
| OLED | Universal Display | $209.15 | $201.00 | -3.90% | Buy |
| FLEX | Flex | $29.80 | $28.00 | -6.04% | Buy |
| SANM | Sanmina | $67.08 | $62.00 | -7.57% | Buy |
| PLXS | Plexus | $126.21 | $109.00 | -13.64% | Buy |
| BHE | Benchmark Electronics | $42.32 | $34.00 | -19.66% | Buy |
| FN | Fabrinet | $230.04 | $173.57 | -24.55% | Hold |
OLED Forecast FAQ
Is Universal Display a good buy?
Yes, according to 9 Wall Street analysts, Universal Display (OLED) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of OLED's total ratings.
What is OLED's price target?
Universal Display (OLED) average price target is $201 with a range of $150 to $250, implying a -3.90% from its last price of $209.15. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Universal Display stock go up soon?
According to Wall Street analysts' prediction for OLED stock, the company can go down by -3.90% (from the last price of $209.15 to the average price target of $201), up by 19.53% based on the highest stock price target, and down by -28.28% based on the lowest stock price target.
Can Universal Display stock reach $300?
OLED's average twelve months analyst stock price target of $201 does not support the claim that Universal Display can reach $300 in the near future.
What is Universal Display's current price target trend?
1 Wall Street analyst forecast a $200 price target for Universal Display (OLED) this month, down -4.37% from its last price of $209.15. Compared to the last 3 and 12 months, the average price target increased by 10.29% and increased by 3.28%, respectively.
What are Universal Display's analysts' financial forecasts?
Universal Display's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $650.06M (high $669.85M, low $628.35M), average EBITDA is $319.8M (high $343.32M, low $295.62M), average net income is $229.84M (high $249.16M, low $210.44M), average SG&A $91.43M (high $98.14M, low $84.53M), and average EPS is $4.72 (high $4.93, low $4.49). OLED's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $758M (high $784.22M, low $729.07M), average EBITDA is $359.39M (high $371.82M, low $345.67M), average net income is $262.23M (high $274.02M, low $249.22M), average SG&A $102.87M (high $106.43M, low $98.95M), and average EPS is $5.51 (high $5.75, low $5.23).
Did the OLED's actual financial results beat the analysts' financial forecasts?
Based on Universal Display's last annual report (Dec 2022), the company's revenue was $616.62M, beating the average analysts forecast of $590.01M by 4.51%. Apple's EBITDA was $309.38M, beating the average prediction of $293.35M by 5.47%. The company's net income was $210.06M, beating the average estimation of $195.48M by 7.46%. Apple's SG&A was $77.89M, missing the average forecast of $85.53M by -8.93%. Lastly, the company's EPS was $4.41, beating the average prediction of $3.92 by 12.60%. In terms of the last quarterly report (Sep 2023), Universal Display's revenue was $141.08M, missing the average analysts' forecast of $148.88M by -5.24%. The company's EBITDA was $48.44M, missing the average prediction of $70.59M by -31.38%. Universal Display's net income was $51.52M, beating the average estimation of $47.98M by 7.36%. The company's SG&A was $18.08M, missing the average forecast of $20.21M by -10.50%. Lastly, the company's EPS was $1.08, beating the average prediction of $1.01 by 7.20%