Wedbush Predicts Higher Earnings for United Microelectronics

United Microelectronics Co. (NYSE:UMC - Free Report) - Research analysts at Wedbush upped their Q2 2025 earnings per share (EPS) estimates for United Microelectronics in a report issued on Thursday, May 8th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings of $0.14 per share for the quarter, up from their prior forecast of $0.13. 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' Q3 2025 earnings at $0.13 EPS and FY2025 earnings at $0.49 EPS.

United Microelectronics (NYSE:UMC - Get Free Report) last issued its 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). United Microelectronics had a net margin of 20.35% and a return on equity of 12.78%. The firm had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $57.63 billion. During the same quarter last year, the firm earned $0.13 EPS. The business's revenue for the quarter was up 1.9% compared to the same quarter last year.

Separately, Citigroup raised United Microelectronics from a "strong sell" rating to a "strong-buy" rating in a research report 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $7.40.

United Microelectronics Price Performance

Shares of NYSE:UMC opened at $7.45 on Monday. United Microelectronics has a fifty-two week low of $5.61 and a fifty-two week high of $9.00. The business has a 50-day moving average of $6.81 and a two-hundred day moving average of $6.62. The stock has a market capitalization of $18.67 billion, a P/E ratio of 12.85, a P/E/G ratio of 4.44 and a beta of 1.13. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.19 and a quick ratio of 1.76.

Hedge Funds Weigh In On United Microelectronics

Several large investors have recently made changes to their positions in UMC. Golden State Wealth Management LLC acquired a new position in shares of United Microelectronics during the 1st quarter worth about $29,000. Farther Finance Advisors LLC lifted its position in shares of United Microelectronics by 134.8% during the 1st quarter. Farther Finance Advisors LLC now owns 4,980 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 2,859 shares during the last quarter. Savant Capital LLC acquired a new position in shares of United Microelectronics during the 4th quarter worth about $66,000. Verdence Capital Advisors LLC acquired a new position in shares of United Microelectronics during the 4th quarter worth about $69,000. Finally, Callan Family Office LLC acquired a new position in shares of United Microelectronics during the 4th quarter worth about $70,000. Institutional investors and hedge funds own 5.05% of the company's stock.

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.

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