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United Microelectronics

UMCNYSE
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$6.53
0.010.15%
At close: -
$6.52
-0.01-0.15%
After Hours: Dec 20, 5:29 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$7.40
Lowest Price Target1
$7.40
Consensus Price Target1
$7.40

United Microelectronics (NYSE:UMC) Stock, Analyst Ratings, Price Targets, Forecasts

United Microelectronics Corp has a consensus price target of $7.4 based on the ratings of 4 analysts. The high is $7.4 issued by Goldman Sachs on October 17, 2024. The low is $7.4 issued by Goldman Sachs on October 17, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs on October 17, 2024, January 16, 2024, and October 26, 2023, respectively. With an average price target of $8.83 between Goldman Sachs, there's an implied 35.48% upside for United Microelectronics Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for United Microelectronics

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for United Microelectronics (UMC) stock?

A

The latest price target for United Microelectronics (NYSE:UMC) was reported by JP Morgan on October 30, 2024. The analyst firm set a price target for $0.00 expecting UMC to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for United Microelectronics (UMC)?

A

The latest analyst rating for United Microelectronics (NYSE:UMC) was provided by JP Morgan, and United Microelectronics downgraded their neutral rating.

Q

When was the last upgrade for United Microelectronics (UMC)?

A

The last upgrade for United Microelectronics Corp happened on April 24, 2024 when Citigroup raised their price target to N/A. Citigroup previously had a neutral for United Microelectronics Corp.

Q

When was the last downgrade for United Microelectronics (UMC)?

A

The last downgrade for United Microelectronics Corp happened on October 30, 2024 when JP Morgan changed their price target from N/A to N/A for United Microelectronics Corp.

Q

When is the next analyst rating going to be posted or updated for United Microelectronics (UMC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of United Microelectronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for United Microelectronics was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

Q

Is the Analyst Rating United Microelectronics (UMC) correct?

A

While ratings are subjective and will change, the latest United Microelectronics (UMC) rating was a downgraded with a price target of $0.00 to $0.00. The current price United Microelectronics (UMC) is trading at is $6.52, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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