01:25 PM EDT, 05/04/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our price target by $18 to $106, 19x our 2027 EPS view, below OLED's three-year average (~27x) as tariffs and memory supply issues make for limited near-term device visibility. We lower our 2026 EPS estimate by $0.90 to $4.36 and cut our 2027 view by $0.28 to $5.58. Q1 results were disappointing (sales down 14%), with consumer device volumes clearly facing challenges and reflecting more tariff-related pull-ins in the comparable quarter last year. We expect memory supply constraints will continue to weigh on overall device volumes through 2027, and with OLED devices now seeing ~65% smartphone penetration, we note unfavorable exposure outside of the relatively safe premium tier. Nonetheless, management only brought its 2026 guidance down by 4% (to sales of ~$650M) despite the uncertain supply environment and Q1's weakness, which we think reflects its confidence in growth alongside upcoming OLED fab openings/ramps from major customers, which all appear to be progressing smoothly.