OLED
Universal Display Corporation
OLED has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over OLED overall, supported by stronger fundamentals and stronger modeled upside.
OLED Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
OLED's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
OLED PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $89.89 | — |
| Forward | 20x | $89.89 | — |
| Cheap | 26x | $130 | +45% |
| Fair | 36x | $177 | +96% |
| Expensive | 64x | $316 | +251% |
Historical ranges are pointers, not guarantees.
OLED has the edge over SNDK in the historical PE scenario, which offers more potential upside but is not a forecast.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
OLED Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect OLED's earnings, revenue and profitability to hold roughly steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over OLED on the outlook, with more favorable valuation and earnings expectations.
OLED Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.50 | -8.8% |
| Q3 2026 | $4.94 | +6.5% |
| Q2 2026 | $4.14 | -19% |
| Q1 2026 | $4.49 | -6.7% |
| Q4 2025 | $5.08 | +9.2% |
| Q3 2025 | $4.64 | -6.8% |
| Q2 2025 | $5.12 | +9.9% |
| Q1 2025 | $4.81 | +4.6% |
| Q4 2024 | $4.65 | +9.7% |
OLED earned $4.94 per share over the past year, up 6.5% from the year before.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over OLED in the latest year-over-year earnings comparison.
OLED Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $160.4M | +15% |
| Q2 2026 | $152.2M | -11% |
| Q1 2026 | $142.2M | -14% |
| Q4 2025 | $172.9M | +6.6% |
| Q3 2025 | $139.6M | -14% |
| Q2 2025 | $171.8M | +8.4% |
| Q1 2025 | $166.3M | +0.6% |
| Q4 2024 | $162.3M | +2.5% |
OLED's revenue grew through 2024 and has held roughly level since: $160M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 33% | +2.6 points |
| Q2 2026 | 35% | -4.6 points |
| Q1 2026 | 30% | -12 points |
| Q4 2025 | 39% | +6.5 points |
| Q3 2025 | 31% | -11 points |
| Q2 2025 | 40% | +4.3 points |
| Q1 2025 | 42% | +3.9 points |
| Q4 2024 | 32% | -8.6 points |
OLED's operating margin was 33% last quarter, up 2.6 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over OLED on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over OLED on profitability, with a higher operating margin.
OLED Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $95.9M | +14% |
| Q2 2026 | $20.3M | -46% |
| Q1 2026 | $100.3M | +473% |
| Q4 2025 | $15.1M | -32% |
| Q3 2025 | $84.3M | +27% |
| Q2 2025 | $37.5M | -35% |
| Q1 2025 | $17.5M | -73% |
| Q4 2024 | $22M | -25% |
OLED generated $232M in free cash flow over the past year, up 44% from the year before.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over OLED on cash flow, with more consistent year-over-year improvement.
OLED Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.9% | -895K shares |
| 1 year | -4% | -1.9M shares |
| 3 years | -3.9% | -1.8M shares |
| 5 years | -3.3% | -1.6M shares |
| Available history | -2.6% | -1.2M shares |
OLED has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $77.7M |
| Q2 2026 | $48.1M |
| Q1 2026 | $67.1M |
| Q4 2019 | — |
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
OLED Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
OLED has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
OLED Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 66.4 | Neutral |
OLED's weekly RSI is 53 (neutral) and its Stochastic is 66 (neutral).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
OLED PE vs Technology Sector
| Metric | OLED | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 28x | 35% below |
| PE % | 3 | 35 | 32 pts below |
OLED is trading at 18x earnings, a 35% discount to the Technology sector's median of 28x.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over OLED on valuation relative to its sector.
OLED Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.5 | 9% above |
| 20 week MA | $82.6 | 8.8% above |
| 50 week MA | $95.4 | 5.7% below |
| 100 week MA | $119.2 | 25% below |
| 200 week MA | $143.2 | 37% below |
OLED has stronger trend alignment. OLED is above 2 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
OLED Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $212.7 | $233.2 | +9.6% |
| 2021 | $233.2 | $159.4 | -32% |
| 2022 | $159.4 | $106.7 | -33% |
| 2023 | $106.7 | $191.3 | +79% |
| 2024 | $191.3 | $149.7 | -22% |
| 2025 | $149.7 | $119.6 | -20% |
| 2026 YTD | $119.6 | $89.9 | -25% |
OLED has finished lower in four of the last six years. It's down 25% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over OLED on returns for 2026, with the stronger performance.