NASDAQ:OLED - Nasdaq - US91347P1057 - Common Stock
UNIVERSAL DISPLAY CORP (NASDAQ:OLED)—A High-Growth Stock Gearing Up for Its Next Upward Move.
Shareholders of Universal Display would probably like to forget the past six months even happened. The stock dropped 31.2% and now trades at $150. This was partly due to its softer quarterly results and might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at analog semiconductors stocks, starting with Universal Display (NASDAQ:OLED).
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Universal Display (OLED) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nishant Pant breaks down a trade on Universal Display Corp.
Despite declining material sales, OLED reports y/y top-line growth in the third quarter on higher royalty and license fees.
Universal Display (OLED) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The headline numbers for Universal Display (OLED) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Universal Display (OLED) delivered earnings and revenue surprises of 16.67% and 3.48%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?