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United Microelectronics - UMC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $6.46
  • Forecasted Upside: -21.03%
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$8.18 As of 06/5/2023 02:22 PM ET
▼ -0.14 (-1.68%)

This chart shows the closing price for UMC by one month, three months, or twelve months.

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Analyst Price Target for UMC

Analyst Price Target is $6.46
▼ -21.03% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for United Microelectronics in the last 3 months. The average price target is $6.46, with a high forecast of $6.46 and a low forecast of $6.46. The average price target represents a -21.03% upside from the last price of $8.18.

This chart shows the closing price for UMC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in United Microelectronics. This rating has held steady since April 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/12/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/12/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/8/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/7/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/7/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
5/6/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/5/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/27/2023HSBCDowngradeHold ➝ Reduce$6.80 ➝ $6.46Low
2/28/2023CitigroupUpgradeNeutral ➝ BuyLow
1/23/2023Loop CapitalInitiated CoverageHoldLow
1/9/2023Bank of AmericaInitiated CoverageBuyLow
9/14/2022Daiwa Capital MarketsUpgradeHold ➝ OutperformLow
7/27/2022WedbushReiterated RatingOutperformLow
7/27/2022MizuhoDowngradeBuy ➝ NeutralLow
7/12/2022CitigroupDowngradeBuy ➝ SellLow
1/25/2022NomuraDowngradeBuy ➝ NeutralMedium
12/8/2021JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
7/29/2021CitigroupUpgradeNeutral ➝ BuyHigh
7/28/2021The Goldman Sachs GroupUpgradeBuy ➝ Conviction-BuyHigh
7/28/2021Credit Suisse GroupUpgradeNeutral ➝ OutperformHigh
7/28/2021JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
7/9/2021WedbushReiterated RatingOutperformHigh
6/7/2021Sanford C. BernsteinDowngradeMarket Perform ➝ Underperform$8.40 ➝ $7.30Medium
4/29/2021MacquarieUpgradeNeutral ➝ OutperformMedium
10/12/2020Credit Suisse GroupUpgradeNeutral ➝ OutperformMedium
9/14/2020HSBCUpgradeHold ➝ BuyLow
9/9/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralLow
8/2/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$5.30High
7/29/2020MacquarieUpgradeNeutral ➝ OutperformMedium
6/10/2020MacquarieDowngradeOutperform ➝ Neutral$17.80Low
4/23/2020Morgan StanleyDowngradeOverweight ➝ Equal WeightHigh
3/12/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightHigh
2/6/2020Jefferies Financial GroupUpgradeHold ➝ BuyLow
2/5/2020China International CapitalUpgradeHold ➝ BuyHigh
12/3/2019Morgan StanleyUpgradeUnderweight ➝ OverweightHigh
11/25/2019CitigroupUpgradeSell ➝ NeutralLow
10/31/2019The Goldman Sachs GroupUpgradeSell ➝ NeutralMedium
7/10/2019MacquarieUpgradeNeutral ➝ OutperformLow
6/25/2019CLSAUpgradeSell ➝ OutperformLow
5/7/2019The Goldman Sachs GroupInitiated CoverageSellLow
4/24/2019HSBCUpgradeReduce ➝ HoldHigh
4/24/2019Credit Suisse GroupUpgradeUnderperform ➝ NeutralHigh
4/24/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralMedium
1/30/2019HSBCDowngradeHold ➝ ReduceLow
1/24/2019HSBCDowngradeBuy ➝ HoldMedium
11/16/2018Morgan StanleyDowngradeEqual Weight ➝ UnderweightMedium
11/6/2018UBS GroupDowngradeBuy ➝ Neutral$1.78Low
11/5/2018CLSADowngradeUnderperform ➝ SellHigh
11/2/2018Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
10/24/2018HSBCDowngradeBuy ➝ HoldLow
10/12/2018Nomura SecuritiesDowngradeBuy ➝ NeutralLow
10/10/2018JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
10/8/2018CLSADowngradeOutperform ➝ UnderperformLow
7/9/2018MizuhoUpgradeUnderperform ➝ NeutralMedium
7/2/2018Morgan StanleyUpgradeUnderweight ➝ Equal WeightLow
6/10/2018Sanford C. BernsteinUpgradeUnderperform ➝ Market Perform$2.10 ➝ $2.60Medium
(Data available from 6/5/2018 forward)

News Sentiment Rating

0.95 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/7/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/7/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/6/2023
  • 11 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
2/5/2023
  • 9 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 9 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 12 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/6/2023
  • 9 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023

Current Sentiment

  • 9 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

United Microelectronics logo
United Microelectronics Corp. is engaged in the semiconductor foundry business, which offers complementary metal-oxide semiconductor logic wafers, mixed signal wafers, radio frequency complementary metal-oxide semiconductor wafers, embedded memory products, high voltage integrated circuits, and complementary metal-oxide semiconductor image sensors. The company was founded on May 22, 1980 and is headquartered in Hsinchu, Taiwan.
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Today's Range

Now: $8.18
Low: $8.13
High: $8.24

50 Day Range

MA: $8.23
Low: $7.67
High: $8.76

52 Week Range

Now: $8.18
Low: $5.36
High: $9.10

Volume

2,496,660 shs

Average Volume

7,201,963 shs

Market Capitalization

$20.46 billion

P/E Ratio

7.37

Dividend Yield

N/A

Beta

1.3

Frequently Asked Questions

What sell-side analysts currently cover shares of United Microelectronics?

The following Wall Street research analysts have issued reports on United Microelectronics in the last twelve months: Bank of America Co., Citigroup Inc., Daiwa Capital Markets, HSBC Holdings plc, Loop Capital, Mizuho, StockNews.com, and Wedbush.
View the latest analyst ratings for UMC.

What is the current price target for United Microelectronics?

1 Wall Street analysts have set twelve-month price targets for United Microelectronics in the last year. Their average twelve-month price target is $6.46, suggesting a possible downside of 21.0%. HSBC Holdings plc has the highest price target set, predicting UMC will reach $6.46 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $6.46 for United Microelectronics in the next year.
View the latest price targets for UMC.

What is the current consensus analyst rating for United Microelectronics?

United Microelectronics currently has 1 sell rating, 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in UMC, but not buy more shares or sell existing shares.
View the latest ratings for UMC.

What other companies compete with United Microelectronics?

Other companies that are similar to United Microelectronics include Monolithic Power Systems, ASE Technology, Skyworks Solutions, Lattice Semiconductor and Qorvo. Learn More about companies similar to United Microelectronics.

How do I contact United Microelectronics' investor relations team?

United Microelectronics' physical mailing address is No. 3 Li-Hsin Road II Hsinchu Science Park, Hsinchu F5, . The semiconductor company's listed phone number is (863) 578-2258 and its investor relations email address is [email protected]. The official website for United Microelectronics is www.umc.com. Learn More about contacing United Microelectronics investor relations.