Universal Display (OLED)
Market Price (2/11/2026): $129.55 | Market Cap: $6.2 BilSector: Information Technology | Industry: Semiconductors
Universal Display (OLED)
Market Price (2/11/2026): $129.55Market Cap: $6.2 BilSector: Information TechnologyIndustry: Semiconductors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 37% | Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -70% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -14% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 25% | Key risksOLED key risks include [1] high customer concentration, Show more. | |
| Low stock price volatilityVol 12M is 47% | ||
| Megatrend and thematic driversMegatrends include Advanced Materials, Electric Vehicles & Autonomous Driving, and Digital Lifestyles & Connectivity. Themes include Specialty Chemicals for Performance, Show more. |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 37% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 25% |
| Low stock price volatilityVol 12M is 47% |
| Megatrend and thematic driversMegatrends include Advanced Materials, Electric Vehicles & Autonomous Driving, and Digital Lifestyles & Connectivity. Themes include Specialty Chemicals for Performance, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -70% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -14% |
| Key risksOLED key risks include [1] high customer concentration, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Disappointing Third Quarter 2025 Financial Results.Universal Display reported third-quarter 2025 revenues of $139.6 million, marking a 13.6% year-over-year decrease and significantly missing analysts' expectations by 15.9%. This performance also included a notable miss on adjusted operating income estimates. The company's stock was down 13% following this earnings report, which occurred around January 22, 2026.
2. Broader OLED Industry Headwinds and Weakness.The display industry faced challenges during the period, contributing to investor caution. For instance, in early February 2026, Morgan Stanley downgraded Himax Technologies, an OLED-related company, citing "demand softness and margin pressure across key end markets." Similarly, LG Display reported a net loss for its fourth quarter of 2025, despite growth in its OLED segment, due to ongoing restructuring efforts and general market challenges. This broader weakness in the display sector likely impacted sentiment for Universal Display.
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Stock Movement Drivers
Fundamental Drivers
The -11.7% change in OLED stock from 10/31/2025 to 2/10/2026 was primarily driven by a -6.2% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 146.72 | 129.53 | -11.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 662 | 640 | -3.3% |
| Net Income Margin (%) | 36.9% | 34.6% | -6.2% |
| P/E Multiple | 28.5 | 27.8 | -2.7% |
| Shares Outstanding (Mil) | 48 | 48 | 0.1% |
| Cumulative Contribution | -11.7% |
Market Drivers
10/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| OLED | -11.7% | |
| Market (SPY) | 1.5% | 53.1% |
| Sector (XLK) | -5.2% | 49.9% |
Fundamental Drivers
The -9.7% change in OLED stock from 7/31/2025 to 2/10/2026 was primarily driven by a -6.2% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 143.37 | 129.53 | -9.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 662 | 640 | -3.3% |
| Net Income Margin (%) | 36.9% | 34.6% | -6.2% |
| P/E Multiple | 27.9 | 27.8 | -0.4% |
| Shares Outstanding (Mil) | 48 | 48 | 0.1% |
| Cumulative Contribution | -9.7% |
Market Drivers
7/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| OLED | -9.7% | |
| Market (SPY) | 9.8% | 47.5% |
| Sector (XLK) | 8.6% | 47.6% |
Fundamental Drivers
The -12.5% change in OLED stock from 1/31/2025 to 2/10/2026 was primarily driven by a -6.3% change in the company's Net Income Margin (%).| (LTM values as of) | 1312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 147.97 | 129.53 | -12.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 644 | 640 | -0.6% |
| Net Income Margin (%) | 37.0% | 34.6% | -6.3% |
| P/E Multiple | 29.6 | 27.8 | -6.0% |
| Shares Outstanding (Mil) | 48 | 48 | 0.0% |
| Cumulative Contribution | -12.5% |
Market Drivers
1/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| OLED | -12.5% | |
| Market (SPY) | 16.0% | 67.1% |
| Sector (XLK) | 24.1% | 67.0% |
Fundamental Drivers
The 0.8% change in OLED stock from 1/31/2023 to 2/10/2026 was primarily driven by a 7.8% change in the company's Net Income Margin (%).| (LTM values as of) | 1312023 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 128.48 | 129.53 | 0.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 594 | 640 | 7.8% |
| Net Income Margin (%) | 32.1% | 34.6% | 7.8% |
| P/E Multiple | 31.9 | 27.8 | -13.0% |
| Shares Outstanding (Mil) | 47 | 48 | -0.3% |
| Cumulative Contribution | 0.8% |
Market Drivers
1/31/2023 to 2/10/2026| Return | Correlation | |
|---|---|---|
| OLED | 0.8% | |
| Market (SPY) | 76.6% | 60.5% |
| Sector (XLK) | 114.0% | 60.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OLED Return | -28% | -34% | 79% | -23% | -19% | 8% | -43% |
| Peers Return | 5% | -22% | 10% | 40% | 41% | 28% | 128% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 2% | 85% |
Monthly Win Rates [3] | |||||||
| OLED Win Rate | 50% | 42% | 67% | 42% | 50% | 50% | |
| Peers Win Rate | 52% | 45% | 40% | 67% | 58% | 90% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| OLED Max Drawdown | -38% | -45% | -1% | -23% | -27% | -3% | |
| Peers Max Drawdown | -9% | -34% | -14% | -14% | -28% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GLW, DOW, DD, MMM, COHR. See OLED Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/10/2026 (YTD)
How Low Can It Go
| Event | OLED | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -65.4% | -25.4% |
| % Gain to Breakeven | 189.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -50.8% | -33.9% |
| % Gain to Breakeven | 103.4% | 51.3% |
| Time to Breakeven | 246 days | 148 days |
| 2018 Correction | ||
| % Loss | -61.4% | -19.8% |
| % Gain to Breakeven | 159.2% | 24.7% |
| Time to Breakeven | 196 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.0% | -56.8% |
| % Gain to Breakeven | 334.1% | 131.3% |
| Time to Breakeven | 519 days | 1,480 days |
Compare to GLW, DOW, DD, MMM, COHR
In The Past
Universal Display's stock fell -65.4% during the 2022 Inflation Shock from a high on 1/19/2021. A -65.4% loss requires a 189.3% gain to breakeven.
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About Universal Display (OLED)
AI Analysis | Feedback
Here are 1-3 brief analogies for Universal Display (OLED):
- The Qualcomm of OLED display technology.
- The Corning for OLED materials.
AI Analysis | Feedback
- UniversalPHOLED® Materials: These are proprietary phosphorescent organic light emitting diode materials that enable highly energy-efficient and bright displays for various electronic devices.
- OLED Technology Licensing: The company licenses its extensive intellectual property portfolio, including patents and trade secrets related to PHOLED technology, to manufacturers for the production of OLED displays.
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Major Customers of Universal Display (OLED)
Universal Display (OLED) primarily sells its proprietary OLED technologies and UniversalPHOLED materials to other companies, specifically to display and lighting manufacturers that produce OLED panels. These manufacturers then incorporate the OLED panels into a wide range of end products such as smartphones, televisions, wearables, and other devices, which are ultimately sold to individual consumers or businesses.
Based on recent financial disclosures (e.g., annual 10-K filings), the major customers of Universal Display, each accounting for 10% or more of total revenue, include:
- Samsung Display Co., Ltd. (a key subsidiary of Samsung Electronics Co., Ltd. KRX: 005930, LSE: BC94, OTC: SSNLF)
- LG Display Co., Ltd. (NYSE: LPL, KRX: 034220)
- BOE Technology Group Co., Ltd. (SHE: 000725)
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Steven V. Abramson, President, Chief Executive Officer and Director
Steven V. Abramson has served as President and Chief Executive Officer of Universal Display Corporation and a member of its Board of Directors since 1996. He was instrumental in transforming UDC from an R&D startup into a global leader in the OLED ecosystem. Prior to leading UDC, Mr. Abramson supported the creation and growth of new technologies, including digital cellular radio in the 1980s and sustainable environmental technologies in the early 1990s.
Brian Millard, Vice President, Chief Financial Officer and Treasurer
Brian Millard joined Universal Display Corporation in September 2022 as Vice President, Chief Financial Officer and Treasurer, bringing over 15 years of financial, operational, and strategic experience across various industries. Before joining UDC, he was Senior Vice President, Finance and Corporate Controller at Emergent BioSolutions. Mr. Millard also served as Vice President, Corporate Controller, and Assistant Corporate Controller at Hertz Global Holdings, Inc., and held financial reporting leadership roles at Hilton Worldwide Holdings, Inc.
Sherwin I. Seligsohn, Founder and Chairman of the Board of Directors
Sherwin I. Seligsohn is the Founder and Chairman of the Board of Directors of Universal Display Corporation.
Julia J. Brown, Ph.D., Executive Vice President and Chief Technical Officer
Dr. Julia J. Brown joined UDC in 1998 and leads the company's R&D vision, contributing significantly to its technical excellence and innovation strategy from its early years to its current commercial success.
Mauro Premutico, Senior Vice President, Planning, Chief Legal Officer and Secretary
Mauro Premutico joined Universal Display Corporation in April 2012 as Vice President of Legal and is currently the Senior Vice President, Planning, Chief Legal Officer, and Secretary. He previously served as Managing Vice President and Chief Patent Counsel for The Walt Disney Company and as Vice President of Intellectual Property and Associate General Counsel for Lenovo Group Ltd.
AI Analysis | Feedback
The key risks to Universal Display's business include customer concentration, the threat of technological obsolescence from alternative display technologies and in-house development, and the expiration of core patents.
- Customer Concentration: A significant portion of Universal Display's revenue is derived from a limited number of major customers, primarily Samsung Display and LG Display. In 2023, the top three customers accounted for 76% of the company's sales, with the largest customer contributing 36% of sales. This high level of customer concentration creates a dependency that could significantly impact Universal Display's financial performance if one of these key customers reduces its reliance on UDC's technology or materials.
- Technological Obsolescence and Competition: Universal Display operates in a rapidly evolving display technology market, facing the risk of its OLED technology being superseded by alternative display technologies or increased competition from customers developing their own materials. Competitors such as Samsung and LG are actively developing in-house OLED materials, which could reduce their reliance on UDC. Furthermore, emerging display technologies like MicroLED and MiniLED are being explored by major players such as Sony, Samsung Electronics, and Apple, and could potentially challenge OLED's market dominance in the future.
- Patent Expirations: Universal Display's business model heavily relies on its extensive patent portfolio for licensing revenue and market exclusivity. Core OLED patents are slated to begin expiring in 2028, which could lead to increased competition from "cheaper generics" entering the market. While Universal Display is actively mitigating this risk through continuous research and development, securing fresh patents for newer innovations (e.g., Plasmonic PHOLEDs), and acquiring additional patent assets (such as those from Merck KGaA), the expiration of foundational patents remains a significant long-term risk.
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- The emergence and potential widespread adoption of alternative high-efficiency emissive materials, particularly Thermally Activated Delayed Fluorescence (TADF) emitters. Universal Display's revenue is heavily reliant on its proprietary phosphorescent OLED (PHOLED) materials and licensing. TADF technology promises similar or superior efficiencies to PHOLED using metal-free organic compounds, potentially at lower costs and with improved performance, especially for blue emitters where PHOLED faces lifetime challenges. Companies such as Kyulux are actively developing and demonstrating TADF technology, with ongoing efforts towards commercialization, which could reduce demand for Universal Display's core PHOLED materials and associated patent licensing.
- Significant advancements and commercialization efforts in competing display technologies, most notably MicroLED. MicroLED displays offer compelling advantages over OLED, including higher brightness, superior power efficiency, and greater longevity without burn-in risks. Major technology companies like Apple, Samsung, and Meta are investing heavily in MicroLED research, development, and manufacturing. While currently expensive and challenging to produce for smaller screens, MicroLED products are already available in large formats (e.g., Samsung's "The Wall"), and there are clear indications of its potential expansion into consumer electronics, such as smartwatches and eventually smartphones and televisions, directly competing with and potentially displacing OLED technology in premium markets, thereby impacting the market for Universal Display's materials and intellectual property.
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Universal Display Corporation (OLED) is a leading company in the research, development, and commercialization of organic light-emitting diode (OLED) technologies and materials. Their main products and services include proprietary phosphorescent OLED (PHOLED) materials and technology licensing for various display and lighting applications, as well as technology transfer services.
The addressable markets for Universal Display's main products and services are significant and globally expansive:
-
Global OLED Display Market: The global OLED display market size was estimated at approximately USD 44.39 billion in 2024 and is projected to reach around USD 191.86 billion by 2033, growing at a compound annual growth rate (CAGR) of 18.0% from 2025 to 2033. Other estimates for the global OLED market in 2024 range from USD 44.1 billion to USD 56.37 billion. This market includes applications in smartphones, televisions, wearables, tablets, notebooks, and automotive displays.
-
Global Flexible OLED Market: This segment, where Universal Display holds patents for flexible OLEDs, is experiencing rapid growth. The global flexible OLED market is projected to reach USD 40 billion by 2025 and is expected to surpass USD 100 billion by 2030. Another projection indicates growth from approximately USD 11.57 billion in the current year to USD 466.1 billion by 2035, at a CAGR of 39.9%.
-
Global OLED Materials Market: Universal Display develops and sells high-performance proprietary PHOLED emissive materials. The global OLED evaporation materials market is expected to grow around 7% in 2025 and reach USD 28 billion by 2029. The broader global OLED materials market was projected to reach USD 2.3 billion in 2024.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Universal Display (OLED) over the next 2-3 years:- Expansion into the IT Market: Universal Display anticipates significant growth from the information technology (IT) market, including tablets, laptops, and monitors, where OLED penetration is currently low, around 5%. Major display manufacturers like Samsung Display, BOE Technology, and Visionox are making substantial investments in new Gen 8.6 OLED fabrication plants to meet the increasing demand for OLED in IT products, with these new fabs expected to drive material demand starting in 2026. The use of tandem structures in IT products is also projected to increase material sales by 1.5 to 2 times.
- Commercialization of Phosphorescent Blue Emitter Technology: The impending commercialization of Universal Display's phosphorescent blue emitter technology is a key growth driver. This advanced material is expected to significantly improve OLED energy efficiency by up to 25% and command premium pricing, leading to increased material sales and high-margin royalty streams. The company expects this technology to become commercially available in months, not years.
- Increased Adoption in Automotive and Foldable OLED Markets: The automotive sector, particularly in electric vehicles (EVs), presents a substantial opportunity for OLED adoption. Additionally, the foldable OLED market is projected to nearly triple by 2028, further contributing to revenue growth.
- New OLED Manufacturing Capacity Coming Online: Significant investments in new Gen 8.6 OLED manufacturing plants in Korea and China are expected to drive increased material demand starting in 2026, marking the beginning of a multi-year OLED capital expenditure growth cycle. These new fabs will boost OLED demand across various applications.
- Advanced Material Discovery and Development via AI and Machine Learning: Universal Display is leveraging advanced computational chemistry and machine learning platforms to accelerate the discovery of new OLED materials. This enables faster identification of breakthrough compositions, reduces development cycles, and broadens the portfolio of next-generation OLED materials, including reds, greens, yellows, and blues, which supports sustained technological leadership and market expansion.
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Share Repurchases
- Universal Display authorized a new $100 million share repurchase program on May 1, 2025, with no expiration date.
- This program is designed to repurchase common stock through various methods and will be funded from existing cash, investments, or future cash flow.
Share Issuance
- Proceeds from the issuance of common stock were $2.22 million in 2024 and $2.012 million in 2023.
- In the first nine months of 2025, proceeds from common stock issuance were $1.617 million, compared to $1.776 million in the first nine months of 2024.
Outbound Investments
- Universal Display made strategic investments including the acquisition of patents from Merck KGaA.
- The company purchased a new manufacturing site in Shannon, Ireland.
- A subsidiary opened a global headquarters and R&D center in Singapore, with plans to invest SGD 50 million (approximately $37 million USD) to advance its proprietary printing technology.
Capital Expenditures
- Operating cash flow of $179.7 million for the first nine months of 2025 supports ongoing capital expenditures.
- The company is investing in new fabrication facilities to meet increasing demand and aims to double its production capacity with the new facility in Ireland.
- Capital expenditures as a percentage of current assets were 6.58% in 2024 and 10.37% in 2023.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 128.81 |
| Mkt Cap | 31.2 |
| Rev LTM | 14,216 |
| Op Inc LTM | 1,331 |
| FCF LTM | 662 |
| FCF 3Y Avg | 516 |
| CFO LTM | 1,548 |
| CFO 3Y Avg | 2,027 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.7% |
| Rev Chg 3Y Avg | 1.5% |
| Rev Chg Q | 4.7% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Mgn LTM | 14.6% |
| Op Mgn 3Y Avg | 7.5% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 12.2% |
| CFO/Rev 3Y Avg | 14.6% |
| FCF/Rev LTM | 6.7% |
| FCF/Rev 3Y Avg | 5.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 31.2 |
| P/S | 4.9 |
| P/EBIT | 27.9 |
| P/E | 28.1 |
| P/CFO | 34.5 |
| Total Yield | 1.5% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 1.9% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 20.2% |
| 3M Rtn | 33.8% |
| 6M Rtn | 66.5% |
| 12M Rtn | 41.8% |
| 3Y Rtn | 88.3% |
| 1M Excs Rtn | 20.6% |
| 3M Excs Rtn | 33.2% |
| 6M Excs Rtn | 63.3% |
| 12M Excs Rtn | 27.1% |
| 3Y Excs Rtn | 20.7% |
FDA Approved Drugs Data
Expand for More| Post-Approval Fwd Returns | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FDA App # | Brand Name | Generic Name | Dosage Form | FDA Approval | 3M Rtn | 6M Rtn | 1Y Rtn | 2Y Rtn | Total Rtn |
| NDA212314 | OXYGEN, USP | oxygen | gas | 8242018 | -27.8% | 19.6% | 67.6% | 48.2% | 8.6% |
| NDA212315 | NITROGEN, NF | nitrogen, nf | gas | 8242018 | -27.8% | 19.6% | 67.6% | 48.2% | 8.6% |
Price Behavior
| Market Price | $129.53 | |
| Market Cap ($ Bil) | 6.2 | |
| First Trading Date | 04/12/1996 | |
| Distance from 52W High | -19.2% | |
| 50 Days | 200 Days | |
| DMA Price | $119.85 | $136.91 |
| DMA Trend | down | down |
| Distance from DMA | 8.1% | -5.4% |
| 3M | 1YR | |
| Volatility | 33.0% | 47.1% |
| Downside Capture | 185.08 | 172.52 |
| Upside Capture | 220.96 | 139.34 |
| Correlation (SPY) | 68.6% | 67.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.11 | 1.33 | 1.45 | 1.41 | 1.61 | 1.61 |
| Up Beta | -0.04 | 0.58 | 0.42 | 1.42 | 1.69 | 1.57 |
| Down Beta | -0.24 | 0.57 | 1.41 | 1.13 | 1.57 | 1.66 |
| Up Capture | 200% | 168% | 86% | 95% | 149% | 318% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 20 | 27 | 57 | 116 | 380 |
| Down Capture | 307% | 219% | 225% | 187% | 138% | 111% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 9 | 21 | 34 | 68 | 135 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OLED | |
|---|---|---|---|---|
| OLED | -8.1% | 47.0% | -0.04 | - |
| Sector ETF (XLK) | 23.1% | 27.5% | 0.74 | 66.9% |
| Equity (SPY) | 16.3% | 19.3% | 0.65 | 67.1% |
| Gold (GLD) | 76.7% | 25.0% | 2.25 | 5.1% |
| Commodities (DBC) | 9.4% | 16.6% | 0.37 | 24.9% |
| Real Estate (VNQ) | 6.5% | 16.6% | 0.21 | 44.7% |
| Bitcoin (BTCUSD) | -27.3% | 44.7% | -0.58 | 29.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OLED | |
|---|---|---|---|---|
| OLED | -10.2% | 43.9% | -0.10 | - |
| Sector ETF (XLK) | 17.3% | 24.7% | 0.63 | 65.1% |
| Equity (SPY) | 14.1% | 17.0% | 0.66 | 63.1% |
| Gold (GLD) | 22.1% | 16.9% | 1.06 | 10.2% |
| Commodities (DBC) | 11.3% | 18.9% | 0.48 | 16.2% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 41.4% |
| Bitcoin (BTCUSD) | 13.4% | 57.9% | 0.45 | 26.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OLED | |
|---|---|---|---|---|
| OLED | 11.0% | 47.7% | 0.40 | - |
| Sector ETF (XLK) | 22.9% | 24.2% | 0.86 | 59.5% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 56.9% |
| Gold (GLD) | 15.7% | 15.5% | 0.84 | 5.3% |
| Commodities (DBC) | 8.4% | 17.6% | 0.39 | 20.1% |
| Real Estate (VNQ) | 6.2% | 20.7% | 0.27 | 38.0% |
| Bitcoin (BTCUSD) | 68.8% | 66.7% | 1.08 | 14.2% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -7.7% | -13.5% | -10.2% |
| 7/31/2025 | 0.4% | -4.1% | -4.0% |
| 5/1/2025 | 2.0% | 0.6% | 3.7% |
| 2/20/2025 | 6.8% | 2.5% | 1.1% |
| 10/30/2024 | -11.2% | -8.5% | -19.0% |
| 8/1/2024 | -19.0% | -21.0% | -8.9% |
| 5/2/2024 | 9.3% | 11.2% | 13.6% |
| 2/22/2024 | -8.1% | -6.8% | -11.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 11 | 10 |
| # Negative | 10 | 12 | 13 |
| Median Positive | 5.3% | 7.2% | 14.7% |
| Median Negative | -6.6% | -10.5% | -10.2% |
| Max Positive | 22.7% | 19.6% | 32.4% |
| Max Negative | -19.0% | -21.0% | -36.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/23/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Millard, Brian | VP/CFO | Direct | Sell | 8212025 | 140.75 | 2,651 | 373,122 | 1,829,720 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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