United Microelectronics (UMC) Stock Forecast & Price Target

$6.53 +0.01 (+0.15%)

(As of 12/20/2024 05:40 PM ET)

United Microelectronics - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 5 Analyst Ratings

Sell
0

Hold
4

Buy
1

Based on 5 Wall Street analysts who have issued ratings for United Microelectronics in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 4 have given a hold rating, and 1 has given a buy rating for UMC.

Consensus Price Target

$7.40
13.32% Upside

According to the 5 analysts' twelve-month price targets for United Microelectronics, the average price target is $7.40. The highest price target for UMC is $7.40, while the lowest price target for UMC is $7.40. The average price target represents a forecasted upside of 13.32% from the current price of $6.53.

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UMC Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$7.40	$7.40	$8.90	$8.33
Forecasted Upside	13.32% Upside	9.70% Upside	6.08% Upside	4.52% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Hold

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UMC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

UMC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

United Microelectronics Stock vs. The Competition

Type	United Microelectronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.20	2.68	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	13.32% Upside	264.23% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent UMC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/30/2024	JPMorgan Chase & Co. 3 of 5 stars		Downgrade	Overweight ➝ Neutral
10/28/2024	Morgan Stanley 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight
10/17/2024	The Goldman Sachs Group 2 of 5 stars	B. Lu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$7.40	-9.42%
4/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
1/25/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Reduce ➝ Hold
1/23/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
1/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:52 AM ET.

Should I Buy United Microelectronics Stock? UMC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these United Microelectronics pros and cons to contact@marketbeat.com.

United Microelectronics
Bull Case

Here are some ways that investors could benefit from investing in United Microelectronics Co.:

The current stock price is around $7.40, which is near the consensus target price set by analysts, indicating potential for growth if the stock performs well.
United Microelectronics Co. has a solid market capitalization of approximately $17.17 billion, suggesting a stable and established presence in the semiconductor industry.
The company has a relatively low price-to-earnings (P/E) ratio of 10.57, which may indicate that the stock is undervalued compared to its earnings, making it an attractive option for value investors.
Recent analyst ratings show a mix of hold and buy recommendations, with five analysts rating the stock as a hold, which may suggest a stable outlook amidst market fluctuations.
United Microelectronics Co. operates as a semiconductor wafer foundry, providing essential services in circuit design and fabrication, which positions it well in a growing technology sector.

United Microelectronics
Bear Case

Investors should be bearish about investing in United Microelectronics Co. for these reasons:

Recent downgrades from multiple brokerages, including JPMorgan and Goldman Sachs, indicate a shift in market sentiment, which could lead to decreased investor confidence.
The company has a price-to-earnings-growth (PEG) ratio of 3.32, suggesting that the stock may be overvalued relative to its expected earnings growth, which could deter growth-focused investors.
With a beta of 1.20, the stock is more volatile than the market, which means it could experience larger price swings, posing a risk for conservative investors.
The 52-week trading range shows a low of $6.63 and a high of $9.00, indicating limited upside potential if the stock is currently trading closer to its high.
Analysts have set a price target of $7.40, which may not provide significant upside from the current price, limiting the potential for short-term gains.

UMC Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for United Microelectronics is $7.40, with a high forecast of $7.40 and a low forecast of $7.40.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United Microelectronics in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" UMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UMC, but not buy additional shares or sell existing shares.
: According to analysts, United Microelectronics's stock has a predicted upside of 13.32% based on their 12-month stock forecasts.
: Over the previous 90 days, United Microelectronics's stock had 3 downgrades by analysts.
: United Microelectronics has been rated by research analysts at JPMorgan Chase & Co., Morgan Stanley, and The Goldman Sachs Group in the past 90 days.
: Analysts like United Microelectronics less than other "computer and technology" companies. The consensus rating for United Microelectronics is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how UMC compares to other companies.

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This page (NYSE:UMC) was last updated on 12/21/2024 by MarketBeat.com Staff

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United Microelectronics (UMC) Stock Forecast & Price Target