United Microelectronics Corporation (NEW) (UMC) Analyst Ratings & Price Targets

United Microelectronics Corporation (NEW)

UMC · NYSE

Analyst Consensus

Underperform

6 analysts

$22

Current

—

Low

$13

Average

—

High

Average target implies -42.85% versus the current price.

Analyst Ratings Synthesis

Consensus is Underperform across all six analysts. The supplied data disclose only a mean price target of $10.05; low and high targets are unavailable, so there is no support for identifying a target cluster or measuring the spread. No named analyst or firm is provided, preventing identification of the most or least bullish view. The evidence also contains no rating or target revisions during the week. The substantive disagreement is between improving operating indicators—an earnings beat, 8.4% revenue growth, expanding margins, record 22-nanometer sales and AI-related investment—and the prevailing valuation view, which leaves every tracked analyst at Underperform and places the disclosed mean target far below the stock's reported close.

Rating Actions

No individual rating actions have been captured for UMCyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

CITIGROUP

DAIWA AMERICA

GOLDMAN SACHS

HSBC GLOBAL RES

WEDBUSH SECURIT

Symbol: UMC
Type: Stock
Sector: Technology
Industry: Semiconductors & Related Devices
Exchange: NYSE

UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high-quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC's comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI, BCD etc. Most of UMC's 12-in and 8-in fabs with its core R&D are located in Taiwan, with additional ones throughout Asia. UMC has a total of 12 fabs in production with combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standard. UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea & Singapore, with a worldwide total of 20,000 employees.

Key Issues

Bullish view

AI expansion plans, rising utilization and silicon-photonics growth indicate that additional capital spending could support demand and improve operating leverage.

Bearish view

Higher capital spending raises execution and capacity-utilization risk if AI-related demand does not develop quickly enough to absorb the investment.

Analyst Consensus

See all

Underperform

6 analysts

$22

Current

—

Low

$13

Average

—

High

Average target implies -42.85% versus the current price.

Earnings History

BeatMissNo estimate

United Microelectronics Corporation (NEW)

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers