Brief: Universal Display Q2 Revenue USD 171.8 Million Vs. IBES Estimate USD 160.8 Million

Universal Display

31/07/2025 21:05

Overview

Universal Display Q2 revenue rises 8.4% yr/yr, beating analyst expectations

Net income for Q2 was $67.3 mln, up from $52.3 mln last year

Company raises lower end of 2025 revenue guidance to $650 mln-$700 mln

Outlook

Universal Display sees 2025 revenue of $650 mln-$700 mln

Universal Display expects growth in OLED IT market demand

Result Drivers

ROYALTY AND LICENSE FEES - Increase driven by changes in customer mix, despite lower unit material volume

MATERIAL SALES DECLINE - Decrease attributed to changes in customer mix and lower unit material volume for emitter materials

OLED MARKET EXPANSION - Co sees growth opportunities in OLED IT market, including tablets, laptops, and monitors

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$171.80 mln
$160.80 mln (7 Analysts)
Q2 Net Income
$67.30 mln
Q2 Gross Margin
77.0%
Q2 Operating Income
$68.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Universal Display Corp is $176.50, about 17% above its July 30 closing price of $146.45

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nBwbsR9nra

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)