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↑Improving
- Earnings Beats With Large Surprises↓Deteriorating
- Price At Resistance Zero Upside↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026· older than 90 days
United Microelectronics Corpora (UMC) Stock Analysis
Technology · Semiconductors
Hold if already holding. Not a fresh buy at $16.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; 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
Hold if already holding. Not a fresh buy at $16.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.1/10, moderate confidence.
Passes 4/7 gates (no SEC red flags, earnings proximity 83d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: speculative.
Recent developments
updated Oct 28, 2026Recent Developments — United Microelectronics Corpora
Latest news
- NEWS UMC Q3 2026 slides: record revenue, margins expand to 34% By Investing.com - Investing.com Nigeria — Investing.com Nigeria Oct 28, 2026 positive
- NEWS Why Is United Microelectronics Stock Falling Wednesday? - United Microelectronics (NYSE:UMC) - Benzinga — Benzinga Oct 28, 2026 negative
- NEWS Earnings call transcript: UMC posts strong Q3 2026 growth, shares slip premarket - Investing.com India — Investing.com India Oct 28, 2026 positive
- NEWS Earnings call transcript: UMC posts strong Q3 2026 growth, shares slip premarket By Investing.com - Investing.com India — Investing.com India Oct 28, 2026 positive
- NEWS UMC Q3 2026 slides: record revenue, margins expand to 34% By Investing.com - Investing.com India — Investing.com India Oct 28, 2026 positive
Latest item Oct 28, 2026 · Generated 2026-11-05T11:39:31Z.
Upcoming dated catalysts
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Quality Signals
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $16.06, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $14.62 reached (−8.9%), stop $15.43 (−4.1%), A.R:R -0.8:1. Score 6.1/10, moderate confidence.
Analyst target $14.62 reached (−8.9% from $16.06); no take-profit level is published. Analyst target $14.62 reached (−8.9%), stop $15.43 (−4.1%), A.R:R -0.8:1. Stop-loss: $15.43.
Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Negative momentum.
United Microelectronics Corpora trades at a P/E of 15.4 (forward 17.9). TrendMatrix value score: 7.4/10. Verdict: Hold.
30 analysts rate UMC, with a consensus score of 3.8/5. 4 analysts publish price targets averaging $17.
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.