United Microelectronics Corporation has beaten or met earnings estimates in 3 of the last 4 quarters with an average surprise of 28%, carries strong margins of 21% and a Piotroski score of 8 out of 9, but trades at essentially zero upside to resistance and negative asymmetry, leaving no room for a favorable entry at current prices.
Thesis pillars
- Strong Margins Piotroski Quality↑Improving
- Earnings Beats With Large Surprises→Stable
- Price At Resistance Zero Upside↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026
United Microelectronics Corpora (UMC) Stock Analysis
Technology · Semiconductors
Hold if already holding. Not a fresh buy at $18.04, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer... Read more
Hold if already holding. Not a fresh buy at $18.04, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.0/10, moderate confidence.
Passes 5/8 gates (no SEC red flags, news events none recent, earnings proximity 89d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-10-30Recent Developments — United Microelectronics Corpora
Latest news
- NEWS United Microelectronics (NYSE:UMC) Issues Earnings Results - MarketBeat — MarketBeat positive
- NEWS United Microelectronics Q2 Review: Well Off Its Highs, But The Sentiment Is Tough (UMC) - Seeking Alpha — Seeking Alpha negative
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - Benzinga — Benzinga neutral
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - benzinga.com — benzinga.com neutral
- NEWS Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand - Reuters — Reuters positive
Generated 2026-10-30T12:27:49Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $18.04, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $14.16 reached (−21.5%), stop $17.00 (−6.1%), A.R:R -2.3:1. Score 6.0/10, moderate confidence.
Analyst target $14.16 reached (−21.5% from $18.04); no take-profit level is published. Analyst target $14.16 reached (−21.5%), stop $17.00 (−6.1%), A.R:R -2.3:1. Stop-loss: $17.00.
Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Negative momentum.
United Microelectronics Corpora trades at a P/E of 17.0 (forward 20.5). TrendMatrix value score: 6.8/10. Verdict: Hold.
31 analysts cover UMC with a consensus score of 3.7/5. Average price target: $17.
What does United Microelectronics Corpora do?United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan,...
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer fabrication; and assembly and testing services for communication devices, consumer electronics, computer, and other applications. It also provides venture capital and marketing support; consulting and planning; energy technical; solar engineering integrated design; research and development services; and insurance services. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.