OLED displays are selling well, institutions are optimistic about leading concepts

With the continuous improvement of display performance requirements from various downstream terminals, the OLED market scale and shipment volume have been continuously growing. TrendForce's latest research shows that the shipment volume of OLED displays is still in a high growth phase. As various brands continue to launch new products, the shipment volume has simultaneously reached new highs, with approximately 507,000 units shipped in the first quarter of 2025, a year-on-year increase of 175%. According to statistics from Securities Times·Data Treasure, there are more than 40 concept stocks related to OLED business in the A-share market. In the first quarter of this year, 25 concept stocks achieved positive net profit growth, accounting for more than half. From the perspective of future growth potential, based on the consensus forecast from more than five institutions, 13 stocks are expected to have a net profit growth rate exceeding 20% in the next two years. Compared to the closing price on May 8 and the consensus target price from institutions, six stocks have an upside potential of over 20%, namely BOE, TSTC, Yake Technology, TCL Technology, Lingyi Technology, and Dongcai Technology