NYSE:UMC - United Microelectronics Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $6.30
Forecasted Upside: -32.04 %
Number of Analysts: 6
Breakdown:
1 Sell Ratings
1 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$9.27 As of 06/21/2021 01:00 AM ET

▲ +0.11 (1.20%)

1 month | 3 months | 12 months

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Analyst Price Target for UMC

^$6.30

▼ -32.04% Downside Potential

This price target is based on 6 analysts offering 12 month price targets for United Microelectronics in the last 3 months. The average price target is $6.30, with a high forecast of $7.30 and a low forecast of $5.30. The average price target represents a -32.04% upside from the last price of $9.27.

Current Consensus is Buy

The current consensus among 6 investment analysts is to buy stock in United Microelectronics. This rating has held steady since July 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
5 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

12/29/2019

0 strong buy ratings
8 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

3/28/2020

0 strong buy ratings
5 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

6/26/2020

0 strong buy ratings
6 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

9/24/2020

0 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/23/2020

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

Ratings as of

3/23/2021

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

Ratings as of

5/22/2021

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

Ratings as of

6/21/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/7/2021	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform	$8.40 ➝ $7.30	Medium
4/29/2021	Macquarie	Upgrade	Neutral ➝ Outperform		Medium
10/12/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform		Medium
9/14/2020	HSBC	Upgrade	Hold ➝ Buy		Low
9/9/2020	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral		Low
8/2/2020	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$5.30	High
7/29/2020	Macquarie	Upgrade	Neutral ➝ Outperform		Medium
6/10/2020	Macquarie	Downgrade	Outperform ➝ Neutral	$17.80	Low
4/23/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight		High
3/12/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight		High
2/6/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy		Low
2/5/2020	China International Capital	Upgrade	Hold ➝ Buy		High
2/5/2020	China Renaissance Securities	Upgrade	Hold ➝ Buy		Low
12/3/2019	Morgan Stanley	Upgrade	Underweight ➝ Overweight		High
11/25/2019	Citigroup	Upgrade	Sell ➝ Neutral		Low
10/31/2019	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral		Medium
7/10/2019	Macquarie	Upgrade	Neutral ➝ Outperform		Low
6/25/2019	CLSA	Upgrade	Sell ➝ Outperform		Low
5/7/2019	The Goldman Sachs Group	Initiated Coverage	Sell		Low
4/24/2019	HSBC	Upgrade	Reduce ➝ Hold		High
4/24/2019	Credit Suisse Group	Upgrade	Underperform ➝ Neutral		High
4/24/2019	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral		Medium
1/30/2019	HSBC	Downgrade	Hold ➝ Reduce		Low
1/24/2019	HSBC	Downgrade	Buy ➝ Hold		Medium
11/16/2018	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight		Medium
11/6/2018	UBS Group	Downgrade	Buy ➝ Neutral	$1.78	Low
11/5/2018	CLSA	Downgrade	Underperform ➝ Sell		High
11/2/2018	Credit Suisse Group	Downgrade	Neutral ➝ Underperform		Low
10/24/2018	HSBC	Downgrade	Buy ➝ Hold		Low
10/12/2018	Nomura Securities	Downgrade	Buy ➝ Neutral		Low
10/10/2018	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight		Medium
10/8/2018	CLSA	Downgrade	Outperform ➝ Underperform		Low
7/9/2018	Mizuho	Upgrade	Underperform ➝ Neutral		Medium
7/2/2018	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight		Low
6/10/2018	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform	$2.10 ➝ $2.60	Medium
1/24/2018	Credit Suisse Group	Upgrade	Underperform ➝ Neutral		Medium
1/24/2018	HSBC	Upgrade	Hold ➝ Buy		Low
7/27/2017	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform	$1.90 ➝ $2.10	High
7/27/2017	Credit Suisse Group	Downgrade	Neutral ➝ Underperform		High
7/26/2017	Citigroup	Downgrade	Neutral ➝ Sell		High
7/26/2017	Daiwa Capital Markets	Downgrade	Hold ➝ Underperform		Low
7/3/2017	Nomura Instinet	Downgrade	Neutral ➝ Reduce		Low
6/30/2017	Nomura Securities	Downgrade	Neutral ➝ Reduce		Low
6/29/2017	Deutsche Bank Aktiengesellschaft	Downgrade	Hold ➝ Sell		Medium
6/29/2017	Macquarie	Downgrade	Neutral ➝ Underperform		Medium
6/28/2017	UBS Group	Upgrade	Neutral ➝ Buy		N/A
9/21/2016	Daiwa Capital Markets	Downgrade	Buy ➝ Hold		N/A

(Data available from 6/21/2016 forward)

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. It operates through Wafer Fabrication and New Business segments. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

Today's Range

Now: $9.27

$9.08

$9.27

50 Day Range

MA: $9.39

$8.17

$11.19

52 Week Range

Now: $9.27

$2.54

$11.28

Volume

4,545,031 shs

Average Volume

7,083,499 shs

Market Capitalization

$21.74 billion

P/E Ratio

17.49

Dividend Yield

1.09%

Beta

1.03

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: Credit Suisse Group AG, HSBC Holdings plc, JPMorgan Chase & Co., Macquarie, Sanford C. Bernstein, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for UMC.

What is the current price target for United Microelectronics?

2 Wall Street analysts have set twelve-month price targets for United Microelectronics in the last year. Their average twelve-month price target is $6.30, suggesting a possible downside of 32.0%. Sanford C. Bernstein has the highest price target set, predicting UMC will reach $7.30 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $5.30 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, 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe UMC will outperform the market and that investors should add to their positions of United Microelectronics.
View the latest ratings for UMC.

What other companies compete with United Microelectronics?

Other companies that are similar to United Microelectronics include Micron Technology, Tokyo Electron, Analog Devices, NXP Semiconductors, Infineon Technologies, Microchip Technology, Marvell Technology, STMicroelectronics, Xilinx, Skyworks Solutions, Maxim Integrated Products, Kyocera, Enphase Energy, Qorvo and ASE Technology.

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 886-3578-2258 and its investor relations email address is [email protected] The official website for United Microelectronics is www.umc.com.