United Microelectronics Corporation (UMC)
NYSE: UMC · IEX Real-Time Price · USD
7.40
-0.13 (-1.73%)
At close: Apr 19, 2024, 4:00 PM
7.38
-0.02 (-0.27%)
After-hours: Apr 19, 2024, 4:48 PM EDT
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 20.27% from the current stock price of 7.40.
Analyst Consensus: Hold
* Price targets were last updated on Jan 16, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for UMC is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $8.9 | Strong Buy → Hold | Downgrades | $8.9 | +20.27% | Jan 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $8.4 → $10 | Strong Buy | Maintains | $8.4 → $10 | +37.84% | 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 |
| Credit Suisse | Credit Suisse | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Jul 27, 2017 |
Financial Forecast
Revenue This Year
226.88B
from 278.71B
Decreased by -18.59%
Revenue Next Year
245.24B
from 226.88B
Increased by 8.09%
EPS This Year
4.88
from 35.80
Decreased by -86.38%
EPS Next Year
4.27
from 4.88
Decreased by -12.41%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 235.3B | 291.9B | 352.4B | 384.2B | 354.2B |
| Avg | 226.9B | 245.2B | 283.7B | 351.2B | 344.1B |
| Low | 217.1B | 223.6B | 249.0B | 316.3B | 330.6B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -15.6% | 28.7% | 43.7% | 35.4% | 0.8% |
| Avg | -18.6% | 8.1% | 15.7% | 23.8% | -2.0% |
| Low | -22.1% | -1.5% | 1.5% | 11.5% | -5.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 5.20 | 5.97 | 7.38 | 8.24 | 4.88 |
| Avg | 4.88 | 4.27 | 5.12 | 5.82 | 4.74 |
| Low | 4.53 | 3.33 | 3.64 | 3.29 | 4.55 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -85.5% | 22.3% | 72.8% | 60.9% | -16.1% |
| Avg | -86.4% | -12.4% | 19.9% | 13.6% | -18.5% |
| Low | -87.4% | -31.7% | -14.9% | -35.7% | -21.7% |
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.