Wedbush Issues Optimistic Outlook for UMC Earnings

United Microelectronics Co. (NYSE:UMC - Free Report) - Analysts at Wedbush increased their Q2 2025 earnings per share (EPS) estimates for United Microelectronics in a research note issued on Thursday, May 8th. Wedbush analyst M. Bryson now forecasts that the semiconductor company will earn $0.14 per share for the quarter, up from their previous forecast of $0.13. Wedbush currently 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' Q3 2025 earnings at $0.13 EPS and FY2025 earnings at $0.49 EPS.

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

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

United Microelectronics Stock Performance

United Microelectronics stock traded down $0.03 during mid-day trading on Monday, reaching $7.82. The company's stock had a trading volume of 905,745 shares, compared to its average volume of 12,635,538. The firm's fifty day moving average price is $6.89 and its two-hundred day moving average price is $6.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.76 and a current ratio of 2.19. United Microelectronics has a 12-month low of $5.61 and a 12-month high of $9.00. The company has a market capitalization of $19.58 billion, a P/E ratio of 13.49, a PEG ratio of 4.44 and a beta of 1.13.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC bought a new position in shares of United Microelectronics in the fourth quarter worth about $242,000. Dimensional Fund Advisors LP grew its holdings in United Microelectronics by 20.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,288,513 shares of the semiconductor company's stock valued at $8,362,000 after buying an additional 214,783 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of United Microelectronics by 7.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 806,000 shares of the semiconductor company's stock worth $6,787,000 after acquiring an additional 53,264 shares in the last quarter. Barclays PLC boosted its position in shares of United Microelectronics by 8.1% during the 3rd quarter. Barclays PLC now owns 3,205,930 shares of the semiconductor company's stock valued at $26,995,000 after acquiring an additional 240,380 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of United Microelectronics by 6.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 83,851 shares of the semiconductor company's stock valued at $544,000 after purchasing an additional 5,377 shares in the last quarter. Institutional investors own 5.05% of the company's stock.

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.