United Microelectronics Corporation has beaten or met earnings estimates in 3 of the last 4 quarters with an average surprise of 28%, carries strong margins of 21% and a Piotroski score of 8 out of 9, but trades at essentially zero upside to resistance and negative asymmetry, leaving no room for a favorable entry at current prices.
Thesis pillars
- Strong Margins Piotroski Quality→Stable
- Earnings Beats With Large Surprises↓Deteriorating
- Price At Resistance Zero Upside↑Improving
- +1 more pillar — see the Why tab for full reasoning
United Microelectronics Corpora (UMC) Stock Analysis
Catalyst-Driven edge
Technology · Semiconductors
Sell if holding. Analyst target reached at $20.92 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer... Read more
Sell if holding. Analyst target reached at $20.92 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.9/10, moderate confidence.
Passes 4/8 gates (no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-16Recent Developments — United Microelectronics Corpora
Latest news
- NEWS United Microelectronics (NYSE:UMC) Issues Earnings Results - MarketBeat — MarketBeat positive
- NEWS United Microelectronics Q2 Review: Well Off Its Highs, But The Sentiment Is Tough (UMC) - Seeking Alpha — Seeking Alpha negative
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - Benzinga — Benzinga neutral
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - benzinga.com — benzinga.com neutral
- NEWS Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand - Reuters — Reuters positive
Generated 2026-10-16T11:37:15Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $20.92 — A.R:R is negative (-2.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $19.64. Score 5.9/10, moderate confidence.
Take-profit target: $25.83 (-22.3% upside). Prior stop was $19.64. Stop-loss: $19.64.
Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Negative momentum.
United Microelectronics Corpora trades at a P/E of 20.2 (forward 24.4). TrendMatrix value score: 6.1/10. Verdict: Sell.
33 analysts cover UMC with a consensus score of 3.6/5. Average price target: $19.
What does United Microelectronics Corpora do?United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan,...
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer fabrication; and assembly and testing services for communication devices, consumer electronics, computer, and other applications. It also provides venture capital and marketing support; consulting and planning; energy technical; solar engineering integrated design; research and development services; and insurance services. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.