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UMCUnited Microelectronics CorporaHold5.9·$19.31+12.86%
HoldModerate Confidence
Investment thesis

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 QualityStable
  • Earnings Beats With Large SurprisesImproving
  • Price At Resistance Zero UpsideImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

United Microelectronics Corpora (UMC) Stock Analysis

HoldGrowthModerate Confidence

Technology · Semiconductors

Hold if already holding. Not a fresh buy at $19.31, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum.

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

$19.31-10.0% A.UpsideScore 5.9/10#26 of 54 Semiconductors
QualityF-score8 / 9FCF yield80.02%
IncomeYield2.37%(5y avg 5.84%)Payout71.45%
Stop $17.61Target $25.90(resistance)A.R:R -0.7:1
Analyst target$20.05+3.8%4 analysts
$25.90our TP
$19.31price
$20.05mean
$10
$37

Hold if already holding. Not a fresh buy at $19.31, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.9/10, moderate confidence.

Passes 5/8 gates (no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 2026· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Analyst target reached - limited upside remaining
Negative momentum

Key Metrics

P/E (TTM)28.5
P/E (Fwd)20.0
Mkt Cap$42.9B
EV/EBITDA-0.1
Profit Mgn20.8%
ROE12.5%
Rev Growth5.5%
Beta1.57
Dividend2.37%
Rating analysts32

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C5.46bearish
IV90%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Ma Position
4.0
Volume
6.3
Rsi
8.4
Uptrend pullback (RSI 31) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.9<4.5A.R:R -0.7=NEGATIVEINSIDER 0.69%=MODERATENo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
31 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $16.54Resistance $26.43

Price Targets

$18
$26
A.Upside-10.0%
A.R:R-0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-10.0% upside)
! momentum at 3.9 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-29 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is UMC stock a buy right now?

Hold if already holding. Not a fresh buy at $19.31, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $25.90 (+34.1%), stop $17.61 (−9.7%), A.R:R -0.7:1. Score 5.9/10, moderate confidence.

What is the UMC stock price target?

Take-profit target: $25.90 (-10.0% upside). Target $25.90 (+34.1%), stop $17.61 (−9.7%), A.R:R -0.7:1. Stop-loss: $17.61.

What are the risks of investing in UMC?

Analyst target reached - limited upside remaining; Negative momentum.

Is UMC overvalued or undervalued?

United Microelectronics Corpora trades at a P/E of 28.5 (forward 20.0). TrendMatrix value score: 5.9/10. Verdict: Hold.

What do analysts say about UMC?

32 analysts cover UMC with a consensus score of 3.4/5. Average price target: $20.

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.

Related stocks: CRDO (Credo Technology Group Holding ) · CBRS (Cerebras Systems Inc.) · MPWR (Monolithic Power Systems, Inc.) · ADI (Analog Devices, Inc.) · TXN (Texas Instruments Incorporated)
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