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UMCUnited Microelectronics CorporaHold5.8·$19.50-6.56%
HoldModerate Confidence
Investment thesis

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 QualityStable
  • Earnings Beats With Large SurprisesStable
  • Price At Resistance Zero UpsideImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

United Microelectronics Corpora (UMC) Stock Analysis

HoldGrowthModerate Confidence

Technology · Semiconductors

Earnings in 4 days (2026-07-29). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $19.50, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk).

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

$19.50-29.1% A.UpsideScore 5.8/10#27 of 54 Semiconductors
QualityF-score8 / 9FCF yield70.28%
IncomeYield1.97%(5y avg 5.84%)Payout71.45%
Stop $18.40Target $26.37(resistance)A.R:R -1.9:1
Analyst target$16.24-16.7%4 analysts
$26.37our TP
$19.50price
$16.24mean
$7
$37

Hold if already holding. Not a fresh buy at $19.50, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.8/10, 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 and earnings proximity 4d<=7d. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-26
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 20264d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Analyst target reached - limited upside remaining
Earnings in 4 days (event risk)

Key Metrics

P/E (TTM)34.2
P/E (Fwd)24.1
Mkt Cap$48.9B
EV/EBITDA-0.1
Profit Mgn20.8%
ROE12.5%
Rev Growth5.5%
Beta1.57
Dividend1.97%
Rating analysts32

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.27bullish
IV101%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Negative sentiment — recent news tone and/or analyst downgrades drag the composite below neutral.static

Price Target
2.7
Llm Sentiment
3.5
Analyst Rating
5.0
Below analyst target
GatesMomentum 4.1<4.5A.R:R -1.9=NEGATIVEEARNINGS PROXIMITY 4d<=7dINSIDER 0.60%=MODERATENo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
28 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $18.97Resistance $26.91

Price Targets

$18
$26
A.Upside-29.1%
A.R:R-1.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-29.1% upside)
! momentum at 4.1 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-29 (4d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is UMC stock a buy right now?

Hold if already holding. Not a fresh buy at $19.50, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $26.37 (+35.2%), stop $18.40 (−6.0%), A.R:R -1.9:1. Score 5.8/10, moderate confidence.

What is the UMC stock price target?

Take-profit target: $26.37 (-29.1% upside). Target $26.37 (+35.2%), stop $18.40 (−6.0%), A.R:R -1.9:1. Stop-loss: $18.40.

What are the risks of investing in UMC?

Analyst target reached - limited upside remaining; Earnings in 4 days (event risk).

Is UMC overvalued or undervalued?

United Microelectronics Corpora trades at a P/E of 34.2 (forward 24.1). TrendMatrix value score: 5.4/10. Verdict: Hold.

What do analysts say about UMC?

32 analysts cover UMC with a consensus score of 3.4/5. Average price target: $16.

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.

Related stocks: CRDO (Credo Technology Group Holding ) · CBRS (Cerebras Systems Inc.) · ALAB (Astera Labs, Inc.) · MPWR (Monolithic Power Systems, Inc.) · ADI (Analog Devices, Inc.)
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