United Microelectronics Corporation (UMC)
NYSE: UMC · IEX Real-Time Price · USD
8.30
-0.01 (-0.08%)
Jul 2, 2024, 4:00 PM EDT - 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 8.90, which predicts an increase of 7.23% from the current stock price of 8.30.
Analyst Consensus: Buy
* Price targets were last updated on Jan 16, 2024.
Analyst Ratings
The average analyst rating for UMC stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Apr 24, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $8.9 | Strong Buy → Hold | Downgrades | $8.9 | +7.23% | Jan 16, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $8.4 → $10 | Strong Buy | Maintains | $8.4 → $10 | +22.89% | Oct 26, 2023 |
Bernstein | Bernstein | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jun 11, 2018 |
Bernstein | Bernstein | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Jul 27, 2017 |
Financial Forecast
Revenue This Year
240.25B
from 222.53B
Increased by 7.96%
Revenue Next Year
275.04B
from 240.25B
Increased by 14.48%
EPS This Year
3.94
from 24.10
Decreased by -83.65%
EPS Next Year
4.68
from 3.94
Increased by 18.72%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 259.3B | 305.6B | 347.7B | 334.3B | 373.7B |
Avg | 240.3B | 275.0B | 300.3B | 324.8B | 363.1B |
Low | 221.6B | 248.8B | 254.4B | 312.0B | 348.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.5% | 27.2% | 26.4% | 11.3% | 15.1% |
Avg | 8.0% | 14.5% | 9.2% | 8.1% | 11.8% |
Low | -0.4% | 3.5% | -7.5% | 3.9% | 7.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.73 | 5.47 | 5.94 | 5.05 | 6.68 |
Avg | 3.94 | 4.68 | 4.75 | 4.91 | 6.49 |
Low | 3.26 | 3.64 | 3.29 | 4.71 | 6.23 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -80.4% | 38.8% | 26.9% | 6.2% | 36.1% |
Avg | -83.7% | 18.7% | 1.6% | 3.2% | 32.2% |
Low | -86.5% | -7.7% | -29.6% | -0.9% | 27.0% |
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.