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Universal Display Corporation (NASDAQ:OLED) is one of the

9 Most Profitable Tech Stocks to Buy Right Now.

On May 4, Citi lowered its price target on Universal Display Corporation (NASDAQ:OLED) to $100 from $105. It retained a “Neutral” rating on the shares.

On April 30, Universal Display Corporation (NASDAQ:OLED) reported revenue of $142.2 million for the Q1 of 2026, dropping from $166.3 million the last year, the firm claimed. Material sales produced $83.7 million, while royalty and license fees provided $54.2 million. Both declined because of changes in client mix and reduced unit volume, based on the report.

The company had an operating income of $42.8 million, dipping from $69.7 million, and a gross margin of 75%, down from 77%. Net income was $35.9 million, or $0.76 per diluted share, down from $64.4 million, or $1.35 per share, according to the firm.

Image Credit: Pixabay

Chief Financial Officer Brian Millard said, “near-term market conditions have become more measured.” The company expected Gen 8.6 capacity additions in Korea and China.

Universal Display Corporation (NASDAQ:OLED) is particularly skilled in the research, development, and sale of organic light-emitting diode technologies and materials for use in displays and solid-state lighting systems.

While we acknowledge the potential of OLED as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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