United Micro stock analysis
United Micro (UMCB) Stock Price & Analysis
UMCB Stock Chart & Stats
- Day’s Range
- EUR 13.00 - EUR 13.70
- 52-Week Range
- EUR 5.95 - EUR 25.00
- Previous Close
- EUR 13.00
- Volume
- N/A
- Average Volume (3M)
- 154
- Market Cap
- EUR 34.57B
- Enterprise Value
- EUR 59.46B
- Total Cash (Recent Filing)
- EUR 151.58B
- Total Debt (Recent Filing)
- EUR 70.39B
- Price to Earnings (P/E)
- 15.3
- Beta
- 0.12
- Next Earnings
- Jan 26, 2027 (Est.)
- EPS Estimate
- 0.19
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 2.69%
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Low Leverage
UMC combines high current profitability with conservative leverage, giving it financial flexibility through the semiconductor cycle. A strong equity base and low debt burden can support capacity investment, protect resilience during downturns, and preserve room for strategic growth initiatives.
Improving Demand And Utilization
Record shipments, rising utilization, and double-digit year-to-date revenue growth indicate broadening demand across UMC’s foundry operations. Higher fab loading improves fixed-cost absorption, while sustained customer demand supports revenue visibility and strengthens operating leverage over the next several quarters.
Differentiated Specialty Technology Expansion
Qualification by multiple hyperscalers and planned ramps in silicon photonics and advanced packaging broaden UMC’s technology portfolio beyond traditional mature-node demand. These differentiated platforms can deepen customer relationships, capture AI infrastructure growth, and support attractive margins as production scales.
Bears Say
Sustained Gross-margin Pressure
The investment cycle is expected to raise depreciation while raw material costs also increase, creating a durable headwind to gross margins. Even with pricing improvement, cost inflation may limit earnings conversion and prevent profitability from returning to prior peak levels.
Capacity Constraints Limit Growth
Utilization above 90% and several technologies operating near full capacity leave limited room to increase shipments before new fabs come online. Because most additional capacity is delayed until late 2028, constrained supply could cap near-term revenue growth and defer customer opportunities.
Cyclical And Uneven End-market Demand
UMC’s history of sharp revenue declines and current weakness in selected smartphone and computer segments demonstrate continuing sensitivity to semiconductor cycles. Uneven recovery across end markets can create volatility in wafer volumes, utilization, product mix, and margins despite stronger demand elsewhere.
United Micro News
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United Micro Stock Smart Score
Company Description
United Micro
United Microelectronics Corporation (UMC) operates as a specialized semiconductor wafer foundry, extending its services globally with operations across Taiwan, Singapore, China, Hong Kong, Japan, the United States, and Europe. The company offers a comprehensive range of solutions, from initial circuit blueprinting and mask generation to wafer manufacturing, final assembly, and rigorous testing. UMC's customer base consists of both integrated device manufacturers and companies focused solely on chip design. This corporation, founded in 1980, has its primary headquarters situated in Hsinchu City, Taiwan.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Jason S. Wang
- Employees
- 20,000
- Website
- www.umc.com
- Address
- Hsinchu Science Park, Hsinchu City, TP, 30078, TW
United Micro (UMCB) Earnings & Revenues
UMCB Company Deck
UMCB Earnings Call
Earnings Call SentimentPositive
The call was strongly positive, with record wafer shipments, higher utilization, substantial year-to-date profit growth, firm fourth-quarter guidance, improving 2027 pricing expectations, and significant momentum in AI-related technologies. The main challenges were capacity constraints, uneven demand in computers and some smartphone segments, and expected gross-margin pressure from higher depreciation and raw material costs. Overall, the positive operational and demand trends significantly outweighed the stated challenges.
View all DE:UMCB earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 3 | 14 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 0 | 0 | 12 |







