United Microelectronics Corporation (UMC)
NYSE: UMC · Real-Time Price · USD
5.86
+0.14 (2.43%)
Jan 23, 2025, 10:19 AM EST - Market open

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 26.30% from the current stock price of 5.86.

Analyst Consensus: Sell
Target Low Average Median High
Price $7.40 $7.40 $7.40 $7.40
Change +26.30% +26.30% +26.30% +26.30%
* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for UMC stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 111110
Buy 000000
Hold 113333
Sell 000000
Strong Sell 000001
Total 224444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Sell
Downgrades
n/a
Strong Sell Downgrades n/a n/a Jan 21, 2025
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 +26.30% Oct 17, 2024
Citigroup
Citigroup
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Apr 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
236.33B
from 222.53B
Increased by 6.20%
Revenue Next Year
255.28B
from 236.33B
Increased by 8.02%
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
148.20B176.82B213.01B278.71B222.53B236.33B255.28B286.57B
Revenue Growth
-2.02%19.31%20.47%30.84%-20.15%6.20%8.02%12.26%
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
-----43.4240.9640.95
No. Analysts -----252516
Financial currency is TWD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 244.7B 293.5B 332.9B
Avg 236.3B 255.3B 286.6B
Low 226.0B 232.2B 256.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.9%
24.2%
30.4%
Avg
6.2%
8.0%
12.3%
Low
1.6%
-1.7%
0.3%

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.