# Universal Display Corporation – Consensus ‘buy’ rating and -4.3% Downside Potential

- Link: https://www.directorstalkinterviews.com/universal-display-corporation-consensus-buy-rating-and-4.3-downside-potential/4121136769
- Published: 2023-12-20T15:24:03+00:00
- Author: Charlotte Edwards

**Universal Display Corporation** with ticker code (OLED) now have 11 confirmed 
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $250.00 and $150.00 calculating the mean target
price we have $185.00. Given that the stocks previous close was at $193.28 this 
now indicates there is a potential downside of -4.3%. The 50 day MA is $162.85 and
the 200 day MA is $151.36. The market capitalization for the company is 9.02B. The
stock price is currently at: $190.40 USD

 The potential market cap would be $8,630,699,391 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 44.18, revenue per share of $12.36
and a 9.34% return on assets.

Universal Display Corporation is engaged in the research, development and commercialization
of organic light emitting diode (OLED) technologies and materials for use in display
and solid-state lighting applications. OLED is a emit light device, which can be
manufactured on both flexible and rigid substrates, helps making them suitable for
use in full-color displays and as lighting products. OLED displays can be used in
the mobile phone, television, wearable, tablet, notebook and personal computer, 
augmented reality (AR), virtual reality (VR), portable media device and automotive
products. Its PHOLED technologies allows OLEDs to emit light through a process, 
phosphorescence. It has an intellectual property portfolio surrounding its existing
PHOLED technologies and materials for both displays and lighting products, which
the Company market under the UniversalPHOLED brand. The Company’s additional OLED
technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing.

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