Goldman Sachs has revised its price target for Universal Display Corporation (OLED, Financial), decreasing it from $196 to $172. Despite this adjustment, the investment bank maintains a Buy rating on the company's stock as it anticipates the first quarter earnings. The decision reflects expectations of relatively stable near-term results for Universal Display, although potential demand fluctuations due to tariff uncertainties could impact performance.
The firm notes that while the initial half of the year appears steady, there are concerns about the company's visibility in the latter half. These concerns stem from a less favorable outlook in critical sectors such as smartphones, which could affect Universal Display's performance as the year progresses.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Universal Display Corp (OLED, Financial) is $183.26 with a high estimate of $220.00 and a low estimate of $152.86. The average target implies an upside of 60.78% from the current price of $113.98. More detailed estimate data can be found on the Universal Display Corp (OLED) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Universal Display Corp's (OLED, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Universal Display Corp (OLED, Financial) in one year is $175.80, suggesting a upside of 54.24% from the current price of $113.98. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Universal Display Corp (OLED) Summary page.
