Wedbush Brokers Reduce Earnings Estimates for UMC

United Microelectronics Co. (NYSE:UMC) – Analysts at Wedbush cut their Q1 2025 earnings per share estimates for shares of United Microelectronics in a research note issued on Tuesday, January 21st. Wedbush analyst M. Bryson now anticipates that the semiconductor company will earn $0.10 per share for the quarter, down from their previous estimate of $0.12. The consensus estimate for United Microelectronics’ current full-year earnings is $0.63 per share. Wedbush also issued estimates for United Microelectronics’ Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.13 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.18 EPS and Q4 2026 earnings at $0.21 EPS.

A number of other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of United Microelectronics from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 30th. Citigroup lowered United Microelectronics from a “buy” rating to a “sell” rating in a research report on Tuesday. The Goldman Sachs Group downgraded United Microelectronics from a “buy” rating to a “neutral” rating and set a $7.40 target price on the stock. in a report on Thursday, October 17th. StockNews.com downgraded United Microelectronics from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Morgan Stanley cut shares of United Microelectronics from an “overweight” rating to an “equal weight” rating in a research note on Monday, October 28th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $7.40.

United Microelectronics Stock Up 2.2 %

Shares of United Microelectronics stock opened at $5.85 on Wednesday. United Microelectronics has a 1 year low of $5.67 and a 1 year high of $9.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.19 and a quick ratio of 1.76. The company has a 50-day moving average of $6.56 and a 200 day moving average of $7.57. The firm has a market cap of $14.65 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 3.31 and a beta of 1.17.

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 analysts’ consensus estimates of $0.13 by ($0.03). United Microelectronics had a return on equity of 12.78% and a net margin of 20.35%. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter last year, the company posted $5.30 EPS. United Microelectronics’s revenue for the quarter was up 4.9% compared to the same quarter last year.

Institutional Trading of United Microelectronics

Institutional investors and hedge funds have recently modified their holdings of the business. Ignite Planners LLC raised its position in United Microelectronics by 1.5% in the 3rd quarter. Ignite Planners LLC now owns 90,303 shares of the semiconductor company’s stock worth $760,000 after buying an additional 1,360 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of United Microelectronics by 1.7% during the third quarter. Sequoia Financial Advisors LLC now owns 103,907 shares of the semiconductor company’s stock valued at $875,000 after purchasing an additional 1,701 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in United Microelectronics by 20.3% in the third quarter. Aprio Wealth Management LLC now owns 13,026 shares of the semiconductor company’s stock worth $110,000 after purchasing an additional 2,198 shares during the last quarter. PDS Planning Inc grew its position in United Microelectronics by 4.5% in the 3rd quarter. PDS Planning Inc now owns 54,827 shares of the semiconductor company’s stock worth $462,000 after purchasing an additional 2,374 shares during the period. Finally, DGS Capital Management LLC raised its stake in United Microelectronics by 2.7% during the 3rd quarter. DGS Capital Management LLC now owns 104,271 shares of the semiconductor company’s stock valued at $878,000 after buying an additional 2,712 shares during 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.