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United Microelectronics Corpora

UMC

Last
$22.96
Day
+0.6%
1y
+205.1%
5y
+113.5%
52w
-21.2%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-10-2818d
EMA 21
23.44
EMA 50
22.31
EMA 200
17.42
20d high
-13.4%
5y high
-21.2%
5y range
74th
Website · 20,000 employees · Taiwan

Positions held

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Score
16
Hold
watch
Signal
Neutral
Target
$25.77
Stop
$21.34
Stop distance
7.1%
Target vs last
+12.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • UMC is well-positioned in the semiconductor industry, benefiting from increasing demand for chips across various sectors, including automotive and consumer electronics.
  • Revenue increased by 13% compared to the prior quarter, reaching $68.7 billion.
  • Gross margin improved to 32.5%, up from 29.2% in the previous quarter.
Bear case
  • Despite growth, UMC has a recommendation of 'underperform' due to concerns about market volatility and competition.
  • The trailing P/E ratio stands at 22.51, indicating potential overvaluation compared to industry peers.
  • The company has a high debt-to-equity ratio of 14.29, which may pose risks in a rising interest rate environment.

Fundamentals

Market cap$57.23BEnterprise value-$26.54BTrailing P/E21.53Forward P/E25.99
PEG1.21Price / book4.13Beta1.71Dividend yield1.76%
Revenue growth17.0%Earnings growth374.6%Gross margin30.6%Operating margin21.7%
Profit margin33.3%ROE21.3%ROA5.1%Debt / equity0.14
Current ratio2.17Free cash flow$36.89BAnalyst recommendationunderperformMean target$18.49
52w high$28.9652w low$6.97

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$68.7B$61.0B$61.8B$59.1B$58.8B—
Op margin21.6%18.4%21.6%18.6%18.3%—
Net income$42.3B$16.2B$8.7B$15.0B$8.9B—
Gross margin32.5%29.2%30.7%29.8%28.7%—
Gross profit$22.3B$17.8B$19.0B$17.6B$16.9B—
Operating income$14.9B$11.2B$13.4B$11.0B$10.8B—
  • Revenue +13% vs prior quarter ($68.7B vs $61.0B).
  • Gross margin 32.5% (was 29.2% prior quarter).
  • Operating margin expanded to 21.6%.

Yearly (6y)

20252024202320222021
Revenue$237.6B$232.3B$222.5B$278.7B—
Op margin18.4%22.1%25.7%37.2%—
Net income$40.4B$48.8B$59.7B$89.5B—
Gross margin29.0%32.6%34.9%45.1%—
Gross profit$68.9B$75.7B$77.7B$125.8B—
Operating income$43.7B$51.3B$57.3B$103.6B—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

UMC · daily-11.4% over 13 sessions
Close EMA21 EMA50 EMA200
22.3123.3724.4325.5026.562026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$17.2B$34.4B$51.5B$68.7B0%16%32%2025-Q22025-Q32025-Q42026-Q12026-Q2