Wedbush Expects Reduced Earnings for United Microelectronics

United Microelectronics Co. (NYSE:UMC) – Stock analysts at Wedbush dropped their Q1 2025 EPS estimates for United Microelectronics in a research note issued on Tuesday, January 21st. Wedbush analyst M. Bryson now forecasts that the semiconductor company will post earnings of $0.10 per share for the quarter, down from their prior 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.

United Microelectronics (NYSE:UMC) last announced its quarterly earnings results on Tuesday, January 21st. The semiconductor company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). United Microelectronics had a net margin of 22.89% and a return on equity of 14.35%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period in the previous year, the business posted $5.30 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year.

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

United Microelectronics Stock Down 4.0 %

NYSE:UMC opened at $6.03 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.19 and a quick ratio of 1.76. United Microelectronics has a one year low of $5.88 and a one year high of $9.00. The firm’s 50 day simple moving average is $6.61 and its 200 day simple moving average is $7.60. The company has a market cap of $15.10 billion, a PE ratio of 9.27, a P/E/G ratio of 3.06 and a beta of 1.17.

Institutional Investors Weigh In On United Microelectronics

A number of hedge funds have recently added to or reduced their stakes in the business. Marshall Wace LLP grew its position in shares of United Microelectronics by 682.1% during the 2nd quarter. Marshall Wace LLP now owns 5,248,227 shares of the semiconductor company’s stock worth $45,974,000 after buying an additional 4,577,177 shares during the period. Genesis Investment Management LLP boosted its stake in United Microelectronics by 12.2% during the third quarter. Genesis Investment Management LLP now owns 4,353,325 shares of the semiconductor company’s stock worth $36,655,000 after acquiring an additional 474,004 shares in the last quarter. State Street Corp grew its holdings in United Microelectronics by 1.5% in the third quarter. State Street Corp now owns 3,661,624 shares of the semiconductor company’s stock worth $30,831,000 after purchasing an additional 53,105 shares during the period. Barclays PLC increased its stake in United Microelectronics by 8.1% in the third quarter. Barclays PLC now owns 3,205,930 shares of the semiconductor company’s stock valued at $26,995,000 after purchasing an additional 240,380 shares in the last quarter. Finally, Two Sigma Advisers LP increased its stake in United Microelectronics by 314.1% in the third quarter. Two Sigma Advisers LP now owns 1,279,600 shares of the semiconductor company’s stock valued at $10,774,000 after purchasing an additional 970,600 shares in the last quarter. 5.05% of the stock is currently owned by institutional investors.

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.