# Universal Display Corporation  Share Price Target ‘$219.90’, now -.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/universal-display-corporation-share-price-target-219.90-now.8-downside-potential/4121164667
- Published: 2024-07-12T14:02:40+01:00
- Author: Charlotte Edwards

**Universal Display Corporation** with ticker code (OLED) now have 10 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $260.00 and $170.00 suggesting an average analyst 
share price target price of $219.90. (at the time of writing). Given that the stocks
previous close was at $221.65 this indicates there is a potential downside of -.
8%. The 50 day moving average now sits at $189.51 and the 200 day moving average
is $173.15. The company has a market capitalization of 10.54B. The stock price is
currently at: $222.10 USD

 The potential market cap would be $10,453,125,160 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 48.28, revenue per share of $12.85
and a 9.11% 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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