eMagin (EMAN) Stock Price

eMagin Price

Delisted

Revenue has compounded at 13.9% per year over the past 19 years to 30.53 M USD. eMagin's net margin stands at -3.6%, up from -36.4% several years earlier. The payout ratio is around 167% of earnings.

eMagin stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of eMagin over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how eMagin stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing eMagin's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

eMagin Stock Price History
DateeMagin Price
Access this data via the Eulerpool API

eMagin Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
22.03 M USD
-8.73 M USD
-7.78 M USD
Jan 1, 2018
26.24 M USD
-8.98 M USD
-9.54 M USD
Jan 1, 2019
26.73 M USD
-5.57 M USD
-4.30 M USD
Jan 1, 2020
29.42 M USD
-6.92 M USD
-11.45 M USD
Jan 1, 2021
26.05 M USD
-9.96 M USD
-5.21 M USD
Jan 1, 2022
30.53 M USD
-2.94 M USD
-1.10 M USD
Jan 1, 2023 (e)
22.75 M USD
-7.60 M USD
-19.29 M USD
Jan 1, 2024 (e)
32.33 M USD
-6.10 M USD
-8.49 M USD

eMagin Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 23, 2026, 11:34 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
200920102011201220132014201520162017201820192020202120222023e2024e
23.0030.0029.0030.0027.0025.0025.0021.0022.0026.0026.0029.0026.0030.0022.0032.00
27.7830.43-3.333.45-10.00-7.41-16.004.7618.1811.54-10.3415.38-26.6745.45
56.5260.0051.7246.6729.6328.0024.0028.5722.7323.0823.0820.6915.3833.3333.3333.33
13.0018.0015.0014.008.007.006.006.005.006.006.006.004.0010.007.3310.67
4.006.003.001.00-5.00-5.00-4.00-8.00-8.00-8.00-5.00-6.00-9.00-2.00-7.00-6.00
17.3920.0010.343.33-18.52-20.00-16.00-38.10-36.36-30.77-19.23-20.69-34.62-6.67-31.82-18.75
-2.00-1.003.001.00-14.00-5.00-4.00-8.00-7.00-9.00-4.00-11.00-5.00-1.00-19.00-8.00
100.00-50.00-400.00-66.67-1,500.00-64.29-20.00100.00-12.5028.57-55.56175.00-54.55-80.001,800.00-57.89
16.3419.2425.5723.4923.6424.3825.3030.1733.6644.4348.1360.4671.9075.6475.6475.64
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales eMagin generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue eMagin retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare eMagin's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares eMagin has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against eMagin's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

eMagin stock margins

The eMagin margin analysis displays the gross margin, EBIT margin, as well as the profit margin of eMagin. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for eMagin.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
23.26 %
-39.64 %
-35.33 %
Jan 1, 2018
25.48 %
-34.22 %
-36.37 %
Jan 1, 2019
25.17 %
-20.84 %
-16.08 %
Jan 1, 2020
21.63 %
-23.51 %
-38.91 %
Jan 1, 2021
17.63 %
-38.25 %
-19.99 %
Jan 1, 2022
33.81 %
-9.61 %
-3.61 %
Jan 1, 2023 (e)
33.81 %
-33.41 %
-84.80 %
Jan 1, 2024 (e)
33.81 %
-18.85 %
-26.25 %

eMagin Stock Revenue, EBIT, Earnings per Share

The eMagin earnings per share therefore indicates how much revenue eMagin has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
0.65 USD
-0.26 USD
-0.23 USD
Jan 1, 2018
0.59 USD
-0.20 USD
-0.21 USD
Jan 1, 2019
0.56 USD
-0.12 USD
-0.09 USD
Jan 1, 2020
0.49 USD
-0.11 USD
-0.19 USD
Jan 1, 2021
0.36 USD
-0.14 USD
-0.07 USD
Jan 1, 2022
0.40 USD
-0.04 USD
-0.01 USD
Jan 1, 2023 (e)
0.30 USD
-0.10 USD
-0.26 USD
Jan 1, 2024 (e)
0.43 USD
-0.08 USD
-0.11 USD

eMagin business model & stock analysis

eMagin Corp is a company that specializes in the development of OLED microdisplays. The company was founded in 1993 and has since developed a wide range of products, ranging from screens and projections to virtual reality and augmented reality applications. The business model of eMagin Corp is focused on providing customized OLED microdisplays and subsystems for both military and civilian applications. The company's headquarters is located in Hopewell Junction, New York, while its production facilities are located in the United States and South Korea. The company is listed on the NASDAQ stock index. In the early years of the company, eMagin mainly focused on the development of OLED microdisplays for military applications. However, it later expanded into other areas such as virtual and augmented reality displays and content, with a focus on the combination of OLED technology and precise image processing. The company has received numerous patents and awards, including the prestigious Innovation Award from the US Department of Defense. eMagin Corp also has strategic partnerships with other high-tech companies to develop synergistic products and services. The product divisions of eMagin include: - Military applications: The company offers OLED microdisplays for use in night vision devices, weapon systems, and aircraft. - Security: eMagin Corp provides advanced OLED microdisplays to the police and other authorities for better surveillance and control of surveillance cameras and other devices. - Medical imaging: In collaboration with leading medical technology companies, eMagin develops displays for medical imaging devices that offer higher resolution and precision than conventional technologies. - Entertainment: The company offers OLED microdisplays for VR headsets and AR glasses to enable high-quality gaming and entertainment experiences. eMagin Corp has a future-oriented strategy to continue developing innovative products and services and improving existing technologies. This includes the use of OLED technology, processing and transmission of 3D images, and the integration of eye-tracking technologies in VR and AR applications. In conclusion, eMagin Corp plays an important role in the development of OLED microdisplays used in various products and services. With its innovative strategy and numerous patents and awards, the company is expected to continue to maintain a leading position in the industry.

eMagin SWOT Analysis

Strengths

eMagin Corp holds several strengths that position it favorably within its industry. Firstly, the company possesses advanced technological capabilities, allowing it to develop cutting-edge products and stay ahead of competitors. Its strong research and development team, coupled with strategic partnerships, enables eMagin to continuously innovate and deliver high-quality solutions.

Secondly, eMagin has a diverse product portfolio, catering to multiple sectors such as defense, aerospace, medical, and consumer electronics. This diversification minimizes the company's reliance on a single market and provides stability even amidst market fluctuations. Furthermore, eMagin's strong brand reputation and longstanding relationships with key clients add to its competitive advantage.

Weaknesses

Despite its strengths, eMagin Corp also faces certain weaknesses that may hinder its growth. One significant weakness lies in its limited market reach. While the company operates globally, its market share remains modest compared to larger competitors. This may restrict eMagin's ability to fully capitalize on emerging market opportunities.

Additionally, eMagin's dependence on a few key suppliers puts the company at risk in terms of supply chain disruptions. Any issues or delays in the supply of crucial components could negatively impact production schedules and customer satisfaction, potentially leading to lost opportunities.

Opportunities

eMagin Corp has several promising opportunities to leverage in the market. Firstly, the growing demand for augmented reality and virtual reality technologies presents a significant growth opportunity. The company's expertise in microdisplay technology positions it well to capture a substantial share of this expanding market.

Furthermore, eMagin can capitalize on the increasing adoption of OLED displays in various industries. The superior visual performance and energy efficiency of OLEDs align with eMagin's core competencies, bolstering its potential for partnerships and new business ventures.

Threats

eMagin Corp faces certain threats that could impact its operations and profitability. Intense competition within the industry from both established companies and new entrants poses a significant threat. To maintain its market position, the company must continuously differentiate its products and adapt to rapidly changing market dynamics.

Additionally, economic fluctuations and market uncertainties can impact customer spending and demand for eMagin's products. Adverse economic conditions, such as recessions or downturns, may lead to reduced sales and revenue, potentially affecting the company's financial stability.

eMagin Segments

eMagin Revenue by Segment

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  • Max

Product
Contract
Details
Date
Product
Contract
Jan 1, 2018
23.32 M USD
2.91 M USD
Jan 1, 2019
24.59 M USD
2.14 M USD
Jan 1, 2020
25.04 M USD
4.38 M USD
Jan 1, 2021
24.18 M USD
1.87 M USD
Jan 1, 2022
28.84 M USD
1.69 M USD

eMagin Revenue by Region

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Americas
North And South America
E M E A
Europe, Middle East, And Africa
Asia Pacific
Details
Date
Americas
North And South America
E M E A
Europe, Middle East, And Africa
Asia Pacific
Jan 1, 2014
0.00 USD
13.56 M USD
0.00 USD
9.25 M USD
2.91 M USD
Jan 1, 2018
13.97 M USD
0.00 USD
9.16 M USD
0.00 USD
3.11 M USD
Jan 1, 2019
14.57 M USD
0.00 USD
11.11 M USD
0.00 USD
1.05 M USD
Jan 1, 2020
16.43 M USD
0.00 USD
9.83 M USD
0.00 USD
3.16 M USD
Jan 1, 2021
16.15 M USD
0.00 USD
8.18 M USD
0.00 USD
1.72 M USD
Jan 1, 2022
19.07 M USD
0.00 USD
10.01 M USD
0.00 USD
1.45 M USD

eMagin Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

eMagin historical P/E ratio, EBIT multiple, and P/S ratio

eMagin annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

eMagin shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
33.66 M Stocks
Jan 1, 2018
44.43 M Stocks
Jan 1, 2019
48.13 M Stocks
Jan 1, 2020
60.46 M Stocks
Jan 1, 2021
71.90 M Stocks
Jan 1, 2022
75.64 M Stocks
Jan 1, 2023 (e)
75.64 M Stocks
Jan 1, 2024 (e)
75.64 M Stocks

eMagin stock splits

In eMagin's history, there have been no stock splits.

eMagin Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20120.10USD

eMagin dividend payout ratio

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
166.67 %
Jan 1, 2018
166.67 %
Jan 1, 2019
166.67 %
Jan 1, 2020
166.67 %
Jan 1, 2021
166.67 %
Jan 1, 2022
166.67 %
Jan 1, 2023 (e)
166.67 %
Jan 1, 2024 (e)
166.67 %
Price targets and forecasts for eMagin are not yet available.

eMagin Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/9/2024-0.02USD7.27 MUSD2024 Q1
3/7/2024-0.04USD5.71 MUSD2023 Q4
3/10/2022-0.03USD8.12 MUSD2021 Q4
11/12/2021-0.02USD7.31 MUSD2021 Q3
8/12/2021-0.03USD7.82 MUSD2021 Q2
5/13/2021-0.05USD6.60 MUSD2021 Q1
3/18/2021-0.03USD7.61 MUSD2020 Q4
11/12/2020-0.02USD8.02 MUSD2020 Q3
8/13/2020-0.01USD7.61 MUSD2020 Q2
5/26/2020-USD6.80 MUSD2020 Q1

eMagin shareholder structure

% Name
5.24263%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.97761%
Samsung Display Co., Ltd.
Samsung Display Co., Ltd.
1.90263%
UBS Financial Services, Inc.
UBS Financial Services, Inc.
1.61942%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.53517%
State Street Global Advisors (US)
State Street Global Advisors (US)
1.22751%
Ergoteles Capital
Ergoteles Capital
...

eMagin Executives and Management Board

AG

Dr. Amalkumar Ghosh

(68)

Chief Operating Officer

Compensation1.17 M USD
MK

Mr. Mark Koch

(64)

Chief Financial Officer · since 2021

Compensation504,015.00 USD
AS

Mr. Andrew Sculley

(72)

Chief Executive Officer, Director · since 2008

Compensation361,037.00 USD
OP

Mr. Olivier Prache

(63)

Senior Vice President - Product Development

Compensation295,000.00 USD
JW

Dr. Jill Wittels

(73)

Independent Chairman of the Board

Compensation114,458.00 USD

eMagin Supply Chain

eMagin Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
4 companies
#Name1M3M6M1Y2YTrend
1
0.78
0
-0.04
0.76
0.61
2
0.61
0.49
0.10
0.54
0.39
#Name1M3M6M1Y2YTrend
1
-0.14
0.30
0.45
-0.23
0.14
2
0.85
0.69
0.15
0.12
0.27

Frequently asked questions about eMagin

The business model of eMagin Corp focuses on designing and manufacturing OLED microdisplays for a wide range of applications, such as virtual reality (VR), augmented reality (AR), and heads-up displays (HUDs). These microdisplays offer high resolution, high brightness, and low power consumption, making them suitable for various industries, including defense, medical, industrial, and consumer electronics. By providing cutting-edge display technologies, eMagin Corp aims to deliver superior visual performance and immersive experiences to customers worldwide.

All fundamentals and in-depth analysis of eMagin

Our stock analysis for eMagin stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of eMagin. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.