Wedbush Issues Pessimistic Forecast for UMC Earnings

United Microelectronics Co. (NYSE:UMC) – Wedbush decreased their Q4 2026 earnings per share estimates for United Microelectronics in a report released on Thursday, March 6th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.21. The consensus estimate for United Microelectronics’ current full-year earnings is $0.51 per share.

Several other equities research analysts also recently issued reports on the company. Citigroup downgraded United Microelectronics from a “buy” rating to a “sell” rating in a report on Tuesday, January 21st. StockNews.com downgraded United Microelectronics from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, United Microelectronics currently has a consensus rating of “Hold” and a consensus target price of $7.40.

United Microelectronics Price Performance

UMC stock opened at $6.66 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.19 and a debt-to-equity ratio of 0.16. United Microelectronics has a 52-week low of $5.61 and a 52-week high of $9.00. The stock’s 50 day moving average is $6.26 and its two-hundred day moving average is $7.16. The company has a market capitalization of $16.68 billion, a PE ratio of 11.47, a P/E/G ratio of 4.44 and a beta of 1.20.

United Microelectronics (NYSE:UMC) last posted its quarterly earnings data on Tuesday, January 21st. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). United Microelectronics had a return on equity of 12.78% and a net margin of 20.35%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the firm earned $5.30 earnings per share. United Microelectronics’s revenue for the quarter was up 4.9% compared to the same quarter last year.

Institutional Investors Weigh In On United Microelectronics

A number of institutional investors have recently made changes to their positions in UMC. Assetmark Inc. bought a new stake in shares of United Microelectronics in the 3rd quarter valued at approximately $37,000. Savant Capital LLC bought a new stake in shares of United Microelectronics in the 4th quarter valued at approximately $66,000. Verdence Capital Advisors LLC bought a new stake in shares of United Microelectronics in the 4th quarter valued at approximately $69,000. Callan Family Office LLC bought a new stake in shares of United Microelectronics in the 4th quarter valued at approximately $70,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of United Microelectronics in the 4th quarter valued at approximately $73,000. 5.05% of the stock is currently owned by institutional investors.

About United Microelectronics

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.