United Microelectronics Corporation (UMC)
NYSE: UMC · Real-Time Price · USD
6.80
+0.07 (0.97%)
Dec 24, 2024, 1:00 PM EST - Market closed

United Microelectronics Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for UMC stock has a target of 7.40, which predicts an increase of 8.90% from the current stock price of 6.80.

Analyst Consensus: Buy
Target Low Average Median High
Price $7.40 $7.40 $7.40 $7.40
Change +8.90% +8.90% +8.90% +8.90%
* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for UMC stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 000000
Hold 111333
Sell 000000
Strong Sell 000000
Total 222444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 30, 2024
Morgan Stanley
Morgan Stanley
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 28, 2024
Goldman Sachs
Goldman Sachs
Hold
Downgrades
$7.4
Hold Downgrades $7.4 +8.90% Oct 17, 2024
Citigroup
Citigroup
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Apr 24, 2024
Goldman Sachs
Goldman Sachs
Hold
Downgrades
$8.9
Hold Downgrades $8.9 +30.98% Jan 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
240.10B
from 222.53B
Increased by 7.90%
Revenue Next Year
266.29B
from 240.10B
Increased by 10.91%
EPS This Year
4.42
from 4.82
Decreased by -8.20%
EPS Next Year
4.69
from 4.42
Increased by 6.00%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
148.20B176.82B213.01B278.71B222.53B240.10B266.29B290.79B
Revenue Growth
-2.02%19.31%20.47%30.84%-20.15%7.90%10.91%9.20%
EPS
0.651.874.197.164.824.424.694.69
EPS Growth
8.69%187.07%123.85%70.88%-32.68%-8.20%6.00%0.02%
Forward PE
-----50.2147.3747.36
No. Analysts -----252516
Financial currency is TWD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 292.6B 295.2B 328.3B
Avg 240.1B 266.3B 290.8B
Low 224.8B 218.1B 224.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
31.5%
22.9%
23.3%
Avg
7.9%
10.9%
9.2%
Low
1.0%
-9.2%
-15.7%

EPS Forecast

EPS 20242025202620272028
High 7.27 5.81 5.91
Avg 4.42 4.69 4.69
Low 3.59 3.34 3.68

EPS Growth

EPS Growth 20242025202620272028
High
50.7%
31.2%
26.1%
Avg
-8.2%
6.0%
0.0%
Low
-25.6%
-24.5%
-21.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.