Universal Display Corporation (OLED) is a Technology stock trading at $86.51 (as of 2026-08-20), with a market capitalization of $3.98B and a trailing P/E of 20.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Universal Display Corporation develops and commercializes OLED (organic light emitting diode) technologies and materials, supplying its proprietary UniversalPHOLED materials to display and lighting manufacturers and earning revenue from material sales and OLED technology licensing.
The profit engine is tied to licensing and commercialization of proprietary OLED emitter and material technology, where revenue comes from selling UniversalPHOLED materials and from royalty and license fees linked to OLED manufacturing adoption.
| Green | $0.1B |
| Red | $0.0B |
| Catch-Up Adj. | $0.0B |
| ADESAS | $0.0B |
Business quality (Solid): Clear product and monetization path (OLED materials plus IP licensing), with high reported profitability, but reported results may be sensitive to customer adoption timing across specific emitter and catch-up categories, and parts of the product and services revenue stream can be zero in a given quarter.
Valuation: At 19× earnings, OLED trades 62% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.
| Price | $86.51 |
| Market Cap | $3.98B |
| P/E Ratio | 20.3 |
| EV / EBITDA | 16.3 |
| Price / Book | 2.36 |
| Price / Sales | 6.55 |
| FCF Yield | 4.6% |
| DCF Value (model) | $55.75 |
| DCF Upside vs Price | -35.6% |
| Revenue (TTM) | $650.61M |
| Net Margin | 37.2% |
| Revenue Growth (YoY) | -11.4% |
| EPS Growth (YoY) | -24.8% |
| FCF Growth (YoY) | 2.0% |
| Altman Z-Score | 14.18 (safe) |
| Stock P/E | 20.3 |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Electronic Equipment) | 39.4 |
| vs Sector | -40.1% |
| vs Industry | -48.4% |
| Top Institutional Holder | VANGUARD GROUP INC ($589.46M) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Steven V. Abramson |
| Employees | 468 |
| Country | US |
| IPO Date | 1996-04-11 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.