Wedbush Lifts Earnings Estimates for United Microelectronics

United Microelectronics Co. (NYSE:UMC - Free Report) - Research analysts at Wedbush raised their Q2 2025 earnings estimates for shares of United Microelectronics in a research report issued on Wednesday, April 23rd. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings of $0.13 per share for the quarter, up from their previous forecast of $0.10. Wedbush has a "Neutral" rating on the stock. The consensus estimate for United Microelectronics' current full-year earnings is $0.51 per share. Wedbush also issued estimates for United Microelectronics' Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.46 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.13 EPS.

United Microelectronics (NYSE:UMC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). United Microelectronics had a return on equity of 12.78% and a net margin of 20.35%. The firm had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $57.63 billion. During the same quarter in the prior year, the business posted $0.13 earnings per share. United Microelectronics's revenue was up 1.9% on a year-over-year basis.

Separately, Citigroup upgraded shares of United Microelectronics from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, March 21st. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $7.40.

United Microelectronics Stock Performance

Shares of NYSE UMC traded up $0.03 during trading hours on Thursday, hitting $6.97. 3,935,444 shares of the company's stock were exchanged, compared to its average volume of 12,427,766. The stock has a market capitalization of $17.46 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 4.44 and a beta of 1.12. The company's 50-day moving average price is $6.67 and its 200-day moving average price is $6.66. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.19 and a quick ratio of 1.76. United Microelectronics has a 1-year low of $5.61 and a 1-year high of $9.00.

Hedge Funds Weigh In On United Microelectronics

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Golden State Wealth Management LLC bought a new position in shares of United Microelectronics during the first quarter worth $29,000. Farther Finance Advisors LLC increased its holdings in shares of United Microelectronics by 134.8% in the first quarter. Farther Finance Advisors LLC now owns 4,980 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 2,859 shares in the last quarter. Savant Capital LLC acquired a new stake in shares of United Microelectronics during the fourth quarter worth about $66,000. MML Investors Services LLC acquired a new position in shares of United Microelectronics in the 3rd quarter valued at approximately $86,000. Finally, Synovus Financial Corp bought a new stake in United Microelectronics during the 3rd quarter worth approximately $89,000. 5.05% of the stock is owned by institutional investors.

United Microelectronics Company Profile

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.