United Microelectronics (UMC) Stock Analysis & Forecast

Nov 4 close

$16.06−0.34 (−2.1%)

Gekko Brief

AI summaryNov 4 close

United Microelectronics shares fell 2.1% this week against a backdrop of two competing narratives. On one side, the stock sank 17% after its Q3 earnings call, as a 61% sequential profit drop and a projected 2027 average selling price increase of 10% fell short of institutional expectations of 15% to 20%, even as revenue and wafer shipments missed estimates despite higher utilization. On the other, UMC approved an additional $3.2 billion capital budget to expand mature and specialty process capacity, and secured major photonic integrated circuit orders of up to 10,000 wafers from Zhongji Innolight and SILITH, with unit pricing reported at seven times conventional processes.

UMC closed at $16.06, sitting between its 50-day average of $21.47 and its 200-day average of $17.15, after a one-month return of -30.7% and a three-month return of -16.4%, against a six-month gain of 5.5% and a one-year gain of 104.8%. The GekkoIndex reads 73.7, placing the stock in the Buying zone. Gekko Fair Value stands at $15.76, putting the current price 1.9% above that level.

The next earnings report is scheduled for 27 January 2027, 83 days out and beyond a typical 20-trading-day holding window. No insider, Congress, or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 6.1% gain over the past 5 years, rising in 4 of those years, a pattern worth noting alongside the stock's typical 20-day move of 6.8%.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

United Microelectronics price vs fair value

$16.06$15.76Nov ’25May ’26Nov ’26
Close $16.06200-day averageGekko Fair Value $15.76

United Microelectronics quick facts

Market cap
$40.06B
P/E ratio
15.5
Forward P/E
15.6
EPS, TTM
$1.06
Revenue, TTM
$265.8B
Profit margin
32%
Dividend yield
2.45%
Beta
1.83
Volume
14.07M avg 11.48M
1-year return
+104.8%
Typical daily move
±5.4%
Typical 20-day move
±6.8%
50-day average
$21.47
200-day average
$17.15
Next earnings
Jan 27 before open
Shares outstanding
2.51B
52-week range
$6.97$28.96

United Microelectronics swing-trade checklist

United Microelectronics scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $16.06 sits between the 50-day ($21.47) and 200-day ($17.15) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    73.7, Buying

    Reading 73.7 is in the Buying zone.

    See the GekkoIndex
  • Fair valuemixed

    1.9% above

    Price is within 5% of Gekko Fair Value (1.9% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 83 days

    Next report Jan 27, 2027, 83 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.1% on average

    From this point in the calendar, the next 20 trading days averaged +6.1% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

United Microelectronics stock chart and price history

United Microelectronics closed at $16.06 on Nov 4, 2026, +104.8% over the past year, inside a 52-week range of $6.97 to $28.96.

Close50-day average200-day averageVolume
United Microelectronics share price, past year, with 50-day and 200-day moving averages and volume$10$20$25DecJan 2026FebMarAprMayJunJulAugSepOct16.06

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−30.7%
3 months
−16.4%
6 months
+5.5%
1 year
+104.8%
The full UMC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open UMC in Gekko

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About United Microelectronics

United Microelectronics manufactures semiconductor wafers on a contract basis for other companies rather than designing chips under its own brand. Its work spans the early stages of circuit layout and mask production through to wafer fabrication, assembly, and testing, making it a full-service partner for firms that need chips physically produced.

The company serves two broad types of customers: integrated device manufacturers that handle both design and production internally, and fabless firms that focus only on chip design and rely on outside partners for manufacturing. United Microelectronics runs operations across several regions, including Taiwan, Singapore, China, Hong Kong, Japan, the United States, and Europe, supporting this global customer base.

United Microelectronics was founded in 1980 and is headquartered in Hsinchu City, Taiwan. Its shares trade under the ticker UMC.

Sector
Electronic technology
Website
umc.com

United Microelectronics GekkoIndex: the smart money zone

United Microelectronics’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 73.7, in the Buying zone, up 6.5 points over five sessions.

010073.7Buying

Up 6.5 points over five sessions, from the Accumulation zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)52+1.1%+1.3%+3.3%+6.1%
Accumulation202−1.0%−0.4%+3.0%+17.2%
Neutral332+1.5%+2.3%+2.9%+10.0%
Distribution62+3.3%+7.7%+16.2%+14.1%
Selling2Too few readings yet

Average UMC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.0% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the UMC price, zone by zone.Track UMC in Gekko

Is United Microelectronics stock overvalued? Gekko Fair Value

United Microelectronics trades 1.9% above Gekko Fair Value of $15.76, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what United Microelectronics shares are worth, recalculated every trading day.

$15.76

Gekko Fair Value, Nov 4, 2026

1.9% above fair value · About fair value

At the end of Aug 2026 the price was 45.6% above the estimate.

Gekko Fair ValueShare price, month end
$16$16Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open UMC in Gekko

United Microelectronics insider and Congress trading

No open-market insider purchases were filed for United Microelectronics, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for UMC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every UMC insider filing, plotted on the chart in Gekko.Open UMC in Gekko

Congress trades last 90 days

No trades in UMC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for UMC, plotted on the chart in Gekko.Open UMC in Gekko

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold UMC.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

United Microelectronics earnings: next date and track record

United Microelectronics reports on Jan 27, 2027, before the open (83 days away), and beat the EPS estimate in 4 of its last 6 reports.

4 of 6reports beat the EPS estimate
±7.4%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−8.9%Jan ’25+1.6%Apr ’25−3.9%Jul ’25−1.3%Oct ’25−15.2%Jan ’26+12.0%Apr ’26+9.1%Jul ’26−7.2%Oct ’26

Last earnings call, Oct 28, 2026 AI summary

What they said
UMC reported Q3 2026 revenue of TWD 74.24 billion, up 8% sequentially and 16.1% year-over-year, with gross margin improving to 34% from 32.5%. EPS was TWD 1.32, while nine-month net income surged 136.5% YoY to TWD 74.86 billion. Capacity utilization reached 92%, with wafer shipments hitting a record 1.2 million 12-inch equivalents. 22/28nm revenue reached a record, representing 35% of total revenue, with 22nm alone at 18.3% of wafer sales.
Guidance
Q4 2026 outlook is positive, with management expecting stable shipments and utilization rates driven by sustained demand momentum. Specialty technology, advanced packaging, and silicon photonics revenues are projected to grow sequentially. Total capacity expected to reach approximately 1.33 million 12-inch equivalents in Q4.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 28, 2026$0.21
est $0.23
−8.7%$2.29B
est $2.33B
−1.6%−7.2%
Jul 29, 2026$0.54
est $0.16
+237.5%$2.12B
est $2.14B
−1.3%+9.1%
Apr 29, 2026$0.20
est $0.13
+51.8%$1.93B
est $1.92B
+0.2%+12.0%
Jan 28, 2026$0.13
est $0.12
+8.3%$1.98B
est $1.94B
+1.8%−15.2%
Oct 29, 2025$0.20
est $0.12
+66.7%$59.13B
est $1.93B
+2,967.7%−1.3%
Jul 30, 2025$0.12—$2.03B—−3.9%
Apr 23, 2025$0.09—$1.74B—+1.6%
Jan 21, 2025$0.10
est $0.15
−33.3%——−8.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

United Microelectronics stock forecast and analyst price targets

Analysts’ average 12-month price target for United Microelectronics is $17.20, +7.1% from the last close.

$17.20consensus 12-month target, +7.1% from the last close
+3.3%average 20-day move after past Buying readings
+6.1%average move over the next 20 trading days in the last 5 years
±5.4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

United Microelectronics seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, United Microelectronics averaged +6.1% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+12.3%2021+18.1%2022+1.7%2023−4.7%2024+3.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.7%2 of 5
Next 10 trading days+3.7%3 of 5
Next 15 trading days+2.3%3 of 5
Next 20 trading days+6.1%4 of 5
Next 30 trading days+3.0%4 of 5

For scale, UMC’s typical 20-trading-day move in either direction is about 6.8%.

United Microelectronics market cap and key statistics

United Microelectronics’s market cap is $40.06B, with a P/E ratio of 15.5 and revenue of $265.8B over the last twelve months.

Valuation

Market cap
$40.06B
P/E ratio
15.5
Forward P/E
15.6
EPS, TTM
$1.06
Gekko Fair Value
$15.76

Trading

Volume
14.07M
Avg volume, 20 days
11.48M
52-week high
$28.96
52-week low
$6.97
Shares outstanding
2.51B

Financials

Revenue, TTM
$265.8B
Profit margin
32%
Return on equity
20.4%
Quarterly earnings growth, YoY
+9.8%

Risk and income

Beta
1.83
Typical daily move
±5.4%
Typical 20-day move
±6.8%
Dividend yield
2.45%

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United Microelectronics stock FAQ

What is United Microelectronics’s market cap?

United Microelectronics’s market cap is $40.06B at the Nov 4, 2026 close of $16.06, with 2.51B shares outstanding. The shares trade on a P/E ratio of 15.5.

What is the United Microelectronics stock forecast?

The consensus analyst 12-month price target for United Microelectronics is $17.20, +7.1% from the last close. Gekko doesn’t publish price predictions of its own.

Is United Microelectronics stock overvalued or undervalued?

On Gekko’s estimate United Microelectronics is about fair value: the Nov 4, 2026 close of $16.06 is 1.9% above Gekko Fair Value of $15.76. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does United Microelectronics report earnings next?

United Microelectronics is expected to report on Jan 27, 2027, before the market opens (83 days away). Analysts expect earnings of $0.25 per share on revenue of $2.37B. United Microelectronics beat the earnings estimate in 4 of its last 6 reports, moving 7.4% on average across the report.

What is United Microelectronics’s 52-week high and low?

United Microelectronics’s 52-week high is $28.96 and its 52-week low is $6.97; it closed at $16.06 on Nov 4, 2026, +104.8% over the past year.

Is United Microelectronics stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, earnings risk and seasonality), 2 as mixed (trend and fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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