Wedbush Expects Higher Earnings for United Microelectronics

United Microelectronics Co. (NYSE:UMC) – Research analysts at Wedbush lifted their Q2 2025 earnings per share estimates for United Microelectronics in a report released on Thursday, May 8th. Wedbush analyst M. Bryson now expects that the semiconductor company will post earnings of $0.14 per share for the quarter, up from their previous forecast of $0.13. Wedbush has a “Neutral” rating on the stock. The consensus estimate for United Microelectronics’ current full-year earnings is $0.51 per share. Wedbush also issued estimates for United Microelectronics’ Q3 2025 earnings at $0.13 EPS and FY2025 earnings at $0.49 EPS.

United Microelectronics (NYSE:UMC) last issued its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). United Microelectronics had a net margin of 20.35% and a return on equity of 12.78%. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $57.63 billion. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The company’s revenue was up 1.9% on a year-over-year basis.

Separately, Citigroup upgraded United Microelectronics from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, March 21st. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $7.40.

United Microelectronics Trading Up 0.9%

Shares of UMC opened at $7.45 on Monday. United Microelectronics has a 12-month low of $5.61 and a 12-month high of $9.00. The company has a quick ratio of 1.76, a current ratio of 2.19 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $18.67 billion, a price-to-earnings ratio of 12.85, a P/E/G ratio of 4.44 and a beta of 1.13. The stock’s 50-day moving average price is $6.81 and its 200 day moving average price is $6.62.

Institutional Investors Weigh In On United Microelectronics

Several large investors have recently modified their holdings of UMC. Millennium Management LLC grew its stake in shares of United Microelectronics by 3,091.8% in the 4th quarter. Millennium Management LLC now owns 14,329,393 shares of the semiconductor company’s stock valued at $92,998,000 after purchasing an additional 13,880,446 shares during the period. Northern Trust Corp grew its position in United Microelectronics by 238.8% during the 4th quarter. Northern Trust Corp now owns 3,184,444 shares of the semiconductor company’s stock worth $20,667,000 after acquiring an additional 2,244,574 shares during the last quarter. Renaissance Technologies LLC bought a new stake in United Microelectronics during the 4th quarter worth approximately $12,768,000. JPMorgan Chase & Co. grew its position in United Microelectronics by 150.8% during the 4th quarter. JPMorgan Chase & Co. now owns 2,021,849 shares of the semiconductor company’s stock worth $13,122,000 after acquiring an additional 1,215,849 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in United Microelectronics by 958.3% during the 4th quarter. AQR Capital Management LLC now owns 982,840 shares of the semiconductor company’s stock worth $6,379,000 after acquiring an additional 889,972 shares during the last quarter. 5.05% of the stock is currently 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.