Feed / OLED

Universal Display Corporation

OLED

Technology · 83.56 +2.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Universal Display Corporation's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Company+2.9% todayVolume comparison unavailable
Market group0 of 1 activeOLED Display Technology · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
  • OLED's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if OLED's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Electronic Components

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • OLED's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements123
Verified relationships7
Evidence supporting the case
  • Operating margin changed +1.3 percentage points in the latest annual period.
  • Net margin changed +2.9 percentage points in the latest annual period.
Evidence challenging the case
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Foreign exchange has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 78% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 25% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

83.56
6m-11.8%12m-39.1%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$553.5M+29.1%$3.87+0.3%
2022-12-31$616.6M+11.4%$4.40+0.2%
2023-12-31$576.4M-6.5%$4.24+0.3%
2024-12-31$647.7M+12.4%$4.65+0.1%
2025-12-31$650.6M+0.5%$5.08+0.0%

What management says matters

Persistent and emerging business drivers

Demand and volumenegative · 4 filings
“For the three months ended March 31, 2025, the adjustment resulted from an increase in the average price per gram that was primarily due to the decrease in anticipated demand by several of our customers over the remaining lives of their contracts.”
10-Q · Apr 30, 2026 ↗
Foreign exchangenegative · 4 filings
“The decrease in other (loss) income, net was primarily due to a $3.0 million foreign exchange loss, a $2.7 million investment loss on our marketable equity securities portfolio and a $415,000 impairment loss on our minority equity investment portfolio during…”
10-Q · Apr 30, 2026 ↗
Product pipeline and R&Dmixed · 4 filings
“The increase in the effective tax rate during the three months ended March 31, 2026 was primarily due to a decrease in research and development tax credits.”
10-Q · Apr 30, 2026 ↗
Restructuring and cost reductionsmixed · 4 filings
“The decrease in other (loss) income, net was primarily due to a $3.0 million foreign exchange loss, a $2.7 million investment loss on our marketable equity securities portfolio and a $415,000 impairment loss on our minority equity investment portfolio during…”
10-Q · Apr 30, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 6.1× · EV/sales 5.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

83.56+2.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for OLED. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for OLED. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind OLED

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

LPLLG Display Co., Ltd.partnerApr 30, 2026 ▾

“In 2015, we entered into an OLED patent license agreement and an OLED commercial supply agreement with LG Display Co., Ltd.”

MRKMerck & Co., Inc.supplierNov 6, 2025 ▾

“Under this agreement, Merck KGaA will sell to UDC Ireland all of its rights, title and interest to certain of its OLED-related patents and patent applications in exchange for a cash payment of $ 50.0 million.”

MRKMerck & Co., Inc.investeeApr 30, 2026 ▾

“Merck KGaA Patent Acquisition In April 2023, UDC Ireland entered into a Patent Sale and License Agreement with Merck KGaA.”

Filing peers

SWBITTMIBJRI

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 11 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

OLED is currently a Leader in the organic co-movement group OLED Display Technology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for OLED; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.