United Microelectronics (UMC) Stock Forecast, Price Target & Predictions
UMC Stock Forecast
United Microelectronics stock forecast is as follows: an average price target of $8.66 (represents a 22.49% upside from UMC’s last price of $7.07) 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 $8.66 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $9.93 to $7.40. This represents a potential 22.49% upside from UMC's last price of $7.07.
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% | 4.67% |
| Jan 25, 2024 | Frank Lee | HSBC | $9.93 | $8.27 | 20.07% | 40.45% |
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 4.67% increase from UMC last price ($7.07).
United Microelectronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $7.40 | $7.40 | $8.66 |
| Last Closing Price | $7.07 | $7.07 | $7.07 |
| Upside/Downside | 4.67% | 4.67% | 22.49% |
In the current month, the average price target of United Microelectronics stock is $7.40, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.67% increase as opposed to United Microelectronics's last price of $7.07. This month's average price target is down 0.00% compared to last quarter, and down -14.55% 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 | $72.55B | $74.89B | $70.32B | $63.81B | $65.60B | $64.13B | $59.16B | $55.01B | $57.81B | $58.27B | $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 | $72.77B | $75.11B | $70.52B | $64.00B | $65.80B | $64.32B | $59.33B | $55.17B | $57.98B | $58.75B | $56.62B | $54.46B | $53.07B | $57.68B | $55.52B | $54.37B | $65.78B | $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 | $72.34B | $74.67B | $70.11B | $63.62B | $65.41B | $63.95B | $58.98B | $54.85B | $57.64B | $57.79B | $56.62B | $54.44B | $52.76B | $55.44B | $55.20B | $54.05B | $65.40B | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 $55.20B, and a high forecast of $55.52B. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | $32.85B | $33.90B | $31.83B | $28.89B | $29.70B | $29.03B | $26.78B | $24.90B | $26.17B | $26.38B | $25.63B | $24.65B | $23.95B | $25.69B | $25.06B | $24.54B | $29.69B | $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 | $32.94B | $34.00B | $31.93B | $28.97B | $29.79B | $29.12B | $26.86B | $24.98B | $26.25B | $26.59B | $25.63B | $24.66B | $24.02B | $26.11B | $25.13B | $24.61B | $29.78B | $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 | $32.75B | $33.80B | $31.74B | $28.80B | $29.61B | $28.95B | $26.70B | $24.83B | $26.09B | $26.16B | $25.63B | $24.64B | $23.88B | $25.10B | $24.99B | $24.47B | $29.60B | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.17% | 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 $25.06B, with a high of $25.13B and a low of $24.99B. This is -12.89% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | $78.87B | $85.05B | $74.60B | $60.72B | $71.15B | $68.40B | $58.21B | $49.82B | $56.42B | $67.62B | $56.03B | $72.19B | $56.95B | $65.31B | $62.98B | $73.44B | $98.37B | $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 | $79.18B | $85.38B | $74.89B | $60.95B | $71.43B | $68.67B | $58.43B | $50.01B | $56.64B | $67.79B | $56.11B | $86.62B | $60.75B | $69.15B | $63.22B | $88.12B | $98.74B | $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 | $78.57B | $84.73B | $74.32B | $60.49B | $70.88B | $68.14B | $57.99B | $49.63B | $56.21B | $67.45B | $55.95B | $57.75B | $53.16B | $61.47B | $62.74B | $58.75B | $97.99B | $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 $62.98B, with a range of $62.74B to $63.22B. UMC's average Quarter net income forecast represents a 289.16% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | $3.87B | $4.00B | $3.75B | $3.40B | $3.50B | $3.42B | $3.16B | $2.93B | $3.08B | $3.11B | $3.02B | $2.90B | $2.82B | $3.03B | $2.95B | $2.89B | $3.50B | $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 | $3.88B | $4.01B | $3.76B | $3.41B | $3.51B | $3.43B | $3.17B | $2.94B | $3.09B | $3.13B | $3.02B | $2.91B | $2.83B | $3.08B | $2.96B | $2.90B | $3.51B | $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 | $3.86B | $3.98B | $3.74B | $3.39B | $3.49B | $3.41B | $3.15B | $2.93B | $3.08B | $3.08B | $3.02B | $2.90B | $2.81B | $2.96B | $2.94B | $2.88B | $3.49B | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.97% | 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 $2.95B, based on 1 Wall Street analysts, with a range of $2.94B to $2.96B. The forecast indicates a -3.25% fall 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | $6.29 | $6.79 | $5.95 | $4.85 | $5.68 | $5.46 | $4.65 | $3.98 | $4.50 | $5.40 | $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 | $6.32 | $6.81 | $5.98 | $4.86 | $5.70 | $5.48 | $4.66 | $3.99 | $4.52 | $5.41 | $4.48 | $4.24 | $4.85 | $5.52 | $5.05 | $5.03 | $7.88 | $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 | $6.27 | $6.76 | $5.93 | $4.83 | $5.66 | $5.44 | $4.63 | $3.96 | $4.49 | $5.38 | $4.47 | $4.15 | $4.24 | $4.91 | $5.01 | $5.00 | $7.82 | $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 $5.01 and a high estimate of $5.05. 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 |
|---|---|---|---|---|---|
| MXL | MaxLinear | $13.15 | $33.88 | 157.64% | Hold |
| WKEY | WISeKey | $1.92 | $4.00 | 108.33% | Buy |
| INTC | Intel | $22.52 | $36.21 | 60.79% | Hold |
| SIMO | Silicon Motion | $52.29 | $82.00 | 56.82% | Buy |
| MU | Micron | $101.73 | $136.50 | 34.18% | Buy |
| AMD | Advanced Micro Devices | $140.71 | $176.11 | 25.16% | Buy |
| UMC | United Microelectronics | $7.07 | $8.66 | 22.49% | Hold |
| MRVL | Marvell | $84.38 | $87.03 | 3.14% | Buy |
| NVDA | NVIDIA | $136.05 | $126.97 | -6.67% | Buy |
UMC Forecast FAQ
Is United Microelectronics a good buy?
No, according to 3 Wall Street analysts, United Microelectronics (UMC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of UMC's total ratings.
What is UMC's price target?
United Microelectronics (UMC) average price target is $8.66 with a range of $7.4 to $9.93, implying a 22.49% from its last price of $7.07. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will United Microelectronics stock go up soon?
According to Wall Street analysts' prediction for UMC stock, the company can go up by 22.49% (from the last price of $7.07 to the average price target of $8.66), up by 40.45% based on the highest stock price target, and up by 4.67% based on the lowest stock price target.
Can United Microelectronics stock reach $11?
UMC's average twelve months analyst stock price target of $8.66 does not support the claim that United Microelectronics can reach $11 in the near future.
What is United Microelectronics's current price target trend?
1 Wall Street analyst forecast a $7.4 price target for United Microelectronics (UMC) this month, up 4.67% from its last price of $7.07. Compared to the last 3 and 12 months, the average price target increased by 4.67% and increased by 22.49%, respectively.
What are United Microelectronics's analysts' financial forecasts?
United Microelectronics's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $243.9B (high $244.62B, low $243.19B), average EBITDA is $110.41B (high $110.74B, low $110.09B), average net income is $247.59B (high $248.54B, low $246.65B), average SG&A $13.01B (high $13.05B, low $12.97B), and average EPS is $19.76 (high $19.84, low $19.68). UMC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $281.57B (high $282.39B, low $280.74B), average EBITDA is $127.46B (high $127.84B, low $127.09B), average net income is $299.25B (high $300.39B, low $298.11B), average SG&A $15.02B (high $15.07B, low $14.98B), and average EPS is $23.88 (high $23.97, low $23.79).
Did the UMC's actual financial results beat the analysts' financial forecasts?
Based on United Microelectronics's last annual report (Dec 2022), the company's revenue was $278.71B, beating the average analysts forecast of $272.32B by 2.35%. Apple's EBITDA was $148.13B, beating the average prediction of $123.28B by 20.16%. The company's net income was $87.2B, missing the average estimation of $410.33B by -78.75%. Apple's SG&A was $13.86B, missing the average forecast of $14.53B by -4.63%. Lastly, the company's EPS was $35.45, beating the average prediction of $33.79 by 4.92%. In terms of the last quarterly report (Mar 2023), United Microelectronics's revenue was $54.21B, beating the average analysts' forecast of $54.21B by 0.00%. The company's EBITDA was $28.77B, beating the average prediction of $24.54B by 17.24%. United Microelectronics's net income was $16.18B, missing the average estimation of $73.44B by -77.96%. The company's SG&A was $3.05B, beating the average forecast of $2.89B by 5.55%. Lastly, the company's EPS was $6.55, beating the average prediction of $5.01 by 30.63%