Wedbush Brokers Decrease Earnings Estimates for UMC

United Microelectronics Co. (NYSE:UMC) – Investment analysts at Wedbush lowered their Q1 2025 earnings 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 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 issued its quarterly earnings results on Tuesday, January 21st. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.86 billion. United Microelectronics had a return on equity of 12.78% and a net margin of 20.35%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $5.30 EPS.

Other equities research analysts have also issued reports about the stock. StockNews.com lowered shares of United Microelectronics from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Citigroup downgraded shares of United Microelectronics from a “buy” rating to a “sell” rating in a research note on Tuesday. 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. Finally, The Goldman Sachs Group lowered 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 issued a hold rating to the stock. According to MarketBeat.com, United Microelectronics has a consensus rating of “Hold” and an average price target of $7.40.

United Microelectronics Stock Performance

NYSE:UMC opened at $5.85 on Wednesday. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 3.31 and a beta of 1.17. The business has a 50 day moving average of $6.56 and a 200 day moving average of $7.57. 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 1-year low of $5.67 and a 1-year high of $9.00.

Hedge Funds Weigh In On United Microelectronics

Several hedge funds and other institutional investors have recently modified their holdings of UMC. Ignite Planners LLC increased its holdings in United Microelectronics by 1.5% during the 3rd quarter. Ignite Planners LLC now owns 90,303 shares of the semiconductor company’s stock valued at $760,000 after purchasing an additional 1,360 shares during the period. Sequoia Financial Advisors LLC increased its stake 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 buying an additional 1,701 shares during the period. Aprio Wealth Management LLC raised its holdings in shares of United Microelectronics by 20.3% during the third quarter. Aprio Wealth Management LLC now owns 13,026 shares of the semiconductor company’s stock valued at $110,000 after acquiring an additional 2,198 shares in the last quarter. PDS Planning Inc lifted its stake in United Microelectronics by 4.5% in the third quarter. PDS Planning Inc now owns 54,827 shares of the semiconductor company’s stock worth $462,000 after acquiring an additional 2,374 shares during the period. Finally, DGS Capital Management LLC boosted its holdings in United Microelectronics by 2.7% in the third quarter. DGS Capital Management LLC now owns 104,271 shares of the semiconductor company’s stock valued at $878,000 after acquiring an additional 2,712 shares in the last quarter. 5.05% of the stock is owned by institutional investors.

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.