United Microelectronics (NYSE:UMC) Stock Rating Upgraded by Zacks Research

United Microelectronics (NYSE:UMC) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Wall Street Zen upgraded United Microelectronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. BNP Paribas Exane reiterated an “underperform” rating on shares of United Microelectronics in a research report on Thursday, May 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of United Microelectronics in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $8.60.

United Microelectronics Price Performance

Shares of NYSE:UMC opened at $17.06 on Tuesday. The firm has a market cap of $42.96 billion, a price-to-earnings ratio of 26.25, a P/E/G ratio of 0.53 and a beta of 1.58. The firm has a fifty day moving average price of $22.53 and a 200 day moving average price of $15.00. United Microelectronics has a fifty-two week low of $6.56 and a fifty-two week high of $28.96. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.23 and a current ratio of 2.72.

United Microelectronics (NYSE:UMC) last announced its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $0.53 EPS for the quarter. United Microelectronics had a net margin of 20.71% and a return on equity of 13.67%. The business had revenue of $2.16 billion for the quarter. As a group, sell-side analysts expect that United Microelectronics will post 0.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On United Microelectronics

Several institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. grew its position in United Microelectronics by 3,854.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,648 shares of the semiconductor company’s stock worth $1,326,000 after acquiring an additional 164,383 shares in the last quarter. Moran Wealth Management LLC raised its position in United Microelectronics by 13.8% during the fourth quarter. Moran Wealth Management LLC now owns 792,367 shares of the semiconductor company’s stock valued at $6,228,000 after purchasing an additional 95,871 shares during the period. Ethic Inc. raised its position in United Microelectronics by 16.6% during the fourth quarter. Ethic Inc. now owns 495,589 shares of the semiconductor company’s stock valued at $3,895,000 after purchasing an additional 70,597 shares during the period. QRG Capital Management Inc. lifted its stake in shares of United Microelectronics by 115.3% in the 1st quarter. QRG Capital Management Inc. now owns 86,927 shares of the semiconductor company’s stock valued at $781,000 after purchasing an additional 46,549 shares during the last quarter. Finally, Matthews International Capital Management LLC bought a new stake in shares of United Microelectronics in the 1st quarter valued at approximately $8,779,000. Institutional investors own 5.05% of the company’s stock.

Trending Headlines about United Microelectronics

Here are the key news stories impacting United Microelectronics this week:

• Positive Sentiment: UMC reported second-quarter revenue of NT$68.73 billion, up 12.6% sequentially and 17.0% year over year, while gross margin reached 32.5%. Reported earnings of $0.53 per share exceeded the $0.16 analyst consensus, and revenue of $2.16 billion topped the $2.14 billion estimate. UMC Reports Second Quarter 2026 Results
• Positive Sentiment: The company is expanding cleanroom capacity at its Singapore facility and beginning construction of a new fab building in Tainan to address accelerating artificial-intelligence-related demand. UMC Announces Fab Expansion
• Positive Sentiment: UMC said Intel 12-nanometer design kits are expected by year-end and that its silicon-photonics technology has entered production, supporting its technology roadmap and potential future customer opportunities. UMC Q2 2026 Earnings Beat
• Positive Sentiment: Wedbush raised its price target after the results, and Zacks added UMC to its Rank #1 momentum-stock list. United Microelectronics Price Target Raised
• Neutral Sentiment: UMC filed its reviewed second-quarter financial statements with the U.S. Securities and Exchange Commission, providing formal regulatory disclosure of the results. UMC Files Reviewed Q2 Financials
• Negative Sentiment: The stock had already declined sharply ahead of earnings, suggesting investors may have been repositioning or taking profits despite the strong report. The planned fab expansions and higher 2026 capital spending also create near-term execution, funding and utilization risks. UMC Raises 2026 Capex

About United Microelectronics

United Microelectronics Corporation (UMC) is a Taiwan-based semiconductor foundry that provides wafer fabrication and related manufacturing services to a global customer base. Founded in 1980, the company operates as a pure-play foundry, producing integrated circuits for a range of customers including fabless semiconductor companies and integrated device manufacturers. UMC is publicly listed (NYSE: UMC) and focuses on high-reliability manufacturing rather than branding consumer products.

UMC’s core services encompass wafer fabrication using a portfolio of process technologies, with particular emphasis on mature and specialty nodes that support analog, power-management, radio-frequency (RF), and mixed-signal applications.