United Microelectronics (UMC) Stock Forecast, Price Target & Predictions
UMC Stock Forecast
United Microelectronics stock forecast is as follows: an average price target of $7.40 (represents a 28.92% upside from UMC’s last price of $5.74) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
UMC Price Target
The average price target for United Microelectronics (UMC) is $7.40 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $7.40 to $7.40. This represents a potential 28.92% upside from UMC's last price of $5.74.
UMC Analyst Ratings
According to 3 Wall Street analysts, United Microelectronics's rating consensus is 'Hold'. The analyst rating breakdown for UMC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
United Microelectronics Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Bruce Lu | Goldman Sachs | $7.40 | $8.04 | -7.90% | 28.92% |
| Jan 25, 2024 | Frank Lee | HSBC | $9.93 | $8.27 | 20.07% | 73.00% |
The latest United Microelectronics stock forecast, released on Oct 17, 2024 by Bruce Lu from Goldman Sachs, set a price target of $7.40, which represents a -7.90% decrease from the stock price at the time of the forecast ($8.04), and a 28.92% increase from UMC last price ($5.74).
United Microelectronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.40 |
| Last Closing Price | $5.74 | $5.74 | $5.74 |
| Upside/Downside | -100.00% | -100.00% | 28.92% |
In the current month, the average price target of United Microelectronics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to United Microelectronics's last price of $5.74. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Goldman Sachs | Buy | Neutral | Downgrade |
| Jul 31, 2024 | Goldman Sachs | Buy | Upgrade | |
| Jan 25, 2024 | HSBC | Hold | Upgrade | |
| Jul 12, 2022 | Citigroup | Buy | Downgrade |
United Microelectronics's last stock rating was published by Goldman Sachs on Oct 17, 2024. The company Downgrade its UMC rating from "Buy" to "Neutral".
United Microelectronics Financial Forecast
United Microelectronics Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.21B | $67.84B | $75.39B | $72.06B | $63.42B | $59.10B | $55.91B | $50.91B | $47.10B | $45.30B | $44.87B | $44.39B | $42.27B | $41.85B | $37.74B |
| Avg Forecast | $71.89B | $71.85B | $67.88B | $64.27B | $66.01B | $64.85B | $60.35B | $57.83B | $60.92B | $59.58B | $56.62B | $54.45B | $52.92B | $56.76B | $55.36B | $54.21B | $65.59B | $74.62B | $69.37B | $62.74B | $57.63B | $54.90B | $50.24B | $47.15B | $44.84B | $44.27B | $43.56B | $42.42B | $41.06B | $37.48B |
| High Forecast | $74.71B | $74.67B | $70.55B | $66.79B | $68.60B | $67.39B | $62.72B | $60.10B | $63.31B | $59.76B | $56.62B | $54.46B | $54.99B | $57.68B | $57.53B | $56.34B | $67.47B | $74.62B | $69.37B | $62.74B | $57.63B | $54.90B | $50.24B | $47.15B | $44.84B | $44.27B | $43.56B | $42.42B | $41.06B | $37.48B |
| Low Forecast | $69.18B | $69.14B | $65.32B | $61.84B | $63.52B | $62.40B | $58.07B | $55.65B | $58.62B | $59.40B | $56.62B | $54.44B | $50.92B | $55.44B | $53.27B | $52.16B | $62.85B | $74.62B | $69.37B | $62.74B | $57.63B | $54.90B | $50.24B | $47.15B | $44.84B | $44.27B | $43.56B | $42.42B | $41.06B | $37.48B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.01% | 1.04% | 1.01% | 1.03% | 1.02% | 1.01% | 1.00% | 1.01% | 1.01% | 1.02% | 1.00% | 1.02% | 1.01% |
United Microelectronics's average Quarter revenue forecast for Jun 23 based on 1 analysts is $55.36B, with a low forecast of $53.27B, and a high forecast of $57.53B. UMC's average Quarter revenue forecast represents a 2.12% increase compared to the company's last Quarter revenue of $54.21B (Mar 23).
United Microelectronics EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.77B | $34.62B | $44.05B | $37.34B | $32.12B | $27.13B | $31.83B | $25.40B | $23.74B | $18.55B | $21.93B | $20.06B | $14.91B | $16.21B | $15.77B |
| Avg Forecast | $33.01B | $32.99B | $31.17B | $29.51B | $30.31B | $29.78B | $27.71B | $26.56B | $27.98B | $27.36B | $26.00B | $25.00B | $24.30B | $26.06B | $25.42B | $24.89B | $30.12B | $33.78B | $31.41B | $28.40B | $26.09B | $24.85B | $22.74B | $21.35B | $20.30B | $20.04B | $19.72B | $19.20B | $18.59B | $16.97B |
| High Forecast | $34.31B | $34.29B | $32.40B | $30.67B | $31.50B | $30.95B | $28.80B | $27.60B | $29.07B | $27.44B | $26.00B | $25.01B | $25.25B | $26.49B | $26.42B | $25.87B | $30.98B | $33.78B | $31.41B | $28.40B | $26.09B | $24.85B | $22.74B | $21.35B | $20.30B | $20.04B | $19.72B | $19.20B | $18.59B | $16.97B |
| Low Forecast | $31.77B | $31.75B | $30.00B | $28.40B | $29.17B | $28.66B | $26.67B | $25.55B | $26.92B | $27.28B | $26.00B | $25.00B | $23.38B | $25.46B | $24.46B | $23.95B | $28.86B | $33.78B | $31.41B | $28.40B | $26.09B | $24.85B | $22.74B | $21.35B | $20.30B | $20.04B | $19.72B | $19.20B | $18.59B | $16.97B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.15% | 1.30% | 1.19% | 1.13% | 1.04% | 1.28% | 1.12% | 1.11% | 0.91% | 1.09% | 1.02% | 0.78% | 0.87% | 0.93% |
1 analysts predict UMC's average Quarter EBITDA for Jun 23 to be $25.42B, with a high of $26.42B and a low of $24.46B. This is -11.63% lower than United Microelectronics's previous annual EBITDA (Mar 23) of $28.77B.
United Microelectronics Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.18B | $19.07B | $27.00B | $21.33B | $19.81B | $11.47B | $17.46B | $11.94B | $10.43B | $4.87B | $9.11B | $6.68B | $2.21B | $2.28B | $2.93B |
| Avg Forecast | $67.41B | $70.23B | $61.67B | $54.92B | $61.27B | $59.79B | $51.78B | $45.70B | $58.70B | $69.31B | $56.16B | $72.19B | $57.09B | $65.47B | $63.13B | $73.44B | $98.60B | $125.54B | $112.65B | $73.78B | $73.38B | $65.55B | $238.06B | $34.09B | $25.02B | $24.95B | $20.58B | $83.15B | $13.10B | $12.01B |
| High Forecast | $70.85B | $73.81B | $64.82B | $57.73B | $64.40B | $62.84B | $54.42B | $48.03B | $61.70B | $69.90B | $56.25B | $86.62B | $60.89B | $69.32B | $66.35B | $88.12B | $102.28B | $125.54B | $112.65B | $88.53B | $73.38B | $65.55B | $285.67B | $34.09B | $25.02B | $24.95B | $20.58B | $99.78B | $13.10B | $12.01B |
| Low Forecast | $64.10B | $66.79B | $58.65B | $52.23B | $58.27B | $56.86B | $49.24B | $43.46B | $55.82B | $68.72B | $56.08B | $57.75B | $53.28B | $61.61B | $60.03B | $58.75B | $93.24B | $125.54B | $112.65B | $59.02B | $73.38B | $65.55B | $190.45B | $34.09B | $25.02B | $24.95B | $20.58B | $66.52B | $13.10B | $12.01B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | 0.19% | 0.22% | 0.19% | 0.27% | 0.16% | 0.27% | 0.05% | 0.31% | 0.19% | 0.36% | 0.32% | 0.03% | 0.17% | 0.24% |
United Microelectronics's average Quarter net income forecast for Jun 23 is $63.13B, with a range of $60.03B to $66.35B. UMC's average Quarter net income forecast represents a 290.08% increase compared to the company's last Quarter net income of $16.18B (Mar 23).
United Microelectronics SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.05B | $3.39B | $3.49B | $3.49B | $3.48B | $3.40B | $3.33B | $3.03B | $2.90B | $3.14B | $2.62B | $2.47B | $2.58B | $2.48B | $2.31B |
| Avg Forecast | $4.04B | $4.03B | $3.81B | $3.61B | $3.71B | $3.64B | $3.39B | $3.25B | $3.42B | $3.35B | $3.18B | $3.06B | $2.97B | $3.19B | $3.11B | $3.04B | $3.68B | $3.98B | $3.70B | $3.35B | $3.07B | $2.93B | $2.68B | $2.52B | $2.39B | $2.36B | $2.32B | $2.26B | $2.19B | $2.00B |
| High Forecast | $4.20B | $4.19B | $3.96B | $3.75B | $3.85B | $3.78B | $3.52B | $3.37B | $3.56B | $3.36B | $3.18B | $3.06B | $3.09B | $3.24B | $3.23B | $3.16B | $3.79B | $3.98B | $3.70B | $3.35B | $3.07B | $2.93B | $2.68B | $2.52B | $2.39B | $2.36B | $2.32B | $2.26B | $2.19B | $2.00B |
| Low Forecast | $3.89B | $3.88B | $3.67B | $3.47B | $3.57B | $3.50B | $3.26B | $3.13B | $3.29B | $3.34B | $3.18B | $3.06B | $2.86B | $3.11B | $2.99B | $2.93B | $3.53B | $3.98B | $3.70B | $3.35B | $3.07B | $2.93B | $2.68B | $2.52B | $2.39B | $2.36B | $2.32B | $2.26B | $2.19B | $2.00B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.92% | 0.88% | 0.94% | 1.04% | 1.11% | 1.14% | 1.13% | 1.15% | 1.31% | 1.11% | 1.06% | 1.14% | 1.13% | 1.16% |
United Microelectronics's average Quarter SG&A projection for Jun 23 is $3.11B, based on 1 Wall Street analysts, with a range of $2.99B to $3.23B. The forecast indicates a 1.84% rise compared to UMC last annual SG&A of $3.05B (Mar 23).
United Microelectronics EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.55 | $7.75 | $10.95 | $8.70 | $8.05 | $4.70 | $7.15 | $4.90 | $4.25 | $1.99 | $3.75 | $2.75 | $0.95 | $0.97 | $1.25 |
| Avg Forecast | $5.37 | $5.59 | $4.91 | $4.37 | $4.88 | $4.76 | $4.12 | $3.64 | $4.67 | $5.52 | $4.47 | $4.20 | $4.55 | $5.21 | $5.03 | $5.01 | $7.85 | $10.02 | $8.99 | $6.93 | $5.86 | $5.23 | $3.75 | $2.72 | $2.00 | $1.99 | $1.64 | $0.96 | $1.05 | $0.96 |
| High Forecast | $5.64 | $5.88 | $5.16 | $4.60 | $5.13 | $5.00 | $4.33 | $3.82 | $4.91 | $5.57 | $4.48 | $4.24 | $4.85 | $5.52 | $5.28 | $5.27 | $8.14 | $10.02 | $8.99 | $6.93 | $5.86 | $5.23 | $3.75 | $2.72 | $2.00 | $1.99 | $1.64 | $0.96 | $1.05 | $0.96 |
| Low Forecast | $5.10 | $5.32 | $4.67 | $4.16 | $4.64 | $4.53 | $3.92 | $3.46 | $4.44 | $5.47 | $4.47 | $4.15 | $4.24 | $4.91 | $4.78 | $4.77 | $7.42 | $10.02 | $8.99 | $6.93 | $5.86 | $5.23 | $3.75 | $2.72 | $2.00 | $1.99 | $1.64 | $0.96 | $1.05 | $0.96 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 0.99% | 1.09% | 0.97% | 1.16% | 0.80% | 1.37% | 1.31% | 1.56% | 1.00% | 1.88% | 1.67% | 0.99% | 0.93% | 1.30% |
According to 1 Wall Street analysts, United Microelectronics's projected average Quarter EPS for Jun 23 is $5.03, with a low estimate of $4.78 and a high estimate of $5.28. This represents a -23.26% decrease compared to UMC previous annual EPS of $6.55 (Mar 23).
United Microelectronics Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AMD | Advanced Micro Devices | $117.35 | $177.77 | 51.49% | Buy |
| MU | Micron | $89.01 | $127.13 | 42.83% | Buy |
| NVDA | NVIDIA | $123.70 | $168.66 | 36.35% | Buy |
| UMC | United Microelectronics | $5.74 | $7.40 | 28.92% | Hold |
| SIMO | Silicon Motion | $51.26 | $60.00 | 17.05% | Buy |
| INTC | Intel | $19.75 | $23.07 | 16.81% | Hold |
| MXL | MaxLinear | $21.79 | $25.00 | 14.73% | Hold |
| MRVL | Marvell | $106.79 | $105.25 | -1.44% | Buy |
| WKEY | WISeKey | $7.23 | $4.00 | -44.67% | Buy |