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UMCUnited Microelectronics CorporaSell5.4·$24.82-3.47%
SellModerate 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 UpsideStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

United Microelectronics Corpora (UMC) Stock Analysis

Range Bound setup

SellModerate Confidence

Technology · Semiconductors

Sell if holding. Analyst target reached at $24.82 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit.

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

$24.82+15.6% A.UpsideScore 5.4/10#27 of 54 Semiconductors
QualityF-score8 / 9FCF yield55.79%
IncomeYield1.68%(5y avg 5.84%)Payout71.45%
Stop $22.82Target $28.38(resistance)A.R:R -2.9:1
Analyst target$16.24-34.5%4 analysts
$28.38our TP
$24.82price
$16.24mean
$7
$37

Sell if holding. Analyst target reached at $24.82 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Chart setup: RSI 60 mid-range, Bollinger mid-band. Score 5.4/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 26d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

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

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202626d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)39.6
P/E (Fwd)30.1
Mkt Cap$61.6B
EV/EBITDA0.0
Profit Mgn20.8%
ROE12.5%
Rev Growth5.5%
Beta1.59
Dividend1.68%
Rating analysts32

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.22bullish
IV106%elevated

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

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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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

10 dimensions · all in-band

GatesMomentum 4.0<4.5A.R:R -2.9=NEGATIVEInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 26d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
60 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $18.70Resistance $28.96

Price Targets

$23
$28
A.Upside+14.3%
A.R:R-2.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-43.7% upside)
! momentum at 4.0 (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 (26d)

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?

Sell if holding. Analyst target reached at $24.82 — A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Chart setup: RSI 60 mid-range, Bollinger mid-band. Prior stop was $22.82. Score 5.4/10, moderate confidence.

What is the UMC stock price target?

Take-profit target: $28.38 (+15.6% upside). Prior stop was $22.82. Stop-loss: $22.82.

What are the risks of investing in UMC?

Analyst target reached - limited upside remaining.

Is UMC overvalued or undervalued?

United Microelectronics Corpora trades at a P/E of 39.6 (forward 30.1). TrendMatrix value score: 5.4/10. Verdict: Sell.

What do analysts say about UMC?

32 analysts cover UMC with a consensus score of 3.3/5. 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: CBRS (Cerebras Systems Inc.) · CRDO (Credo Technology Group Holding ) · ADI (Analog Devices, Inc.) · SIMO (Silicon Motion Technology Corpo) · MPWR (Monolithic Power Systems, Inc.)
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