United Microelectronics (NYSE:UMC) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of United Microelectronics (NYSE:UMC) from a hold rating to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on UMC. BNP Paribas Exane reissued an “underperform” rating on shares of United Microelectronics in a research report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of United Microelectronics in a report on Tuesday, May 26th. Finally, Wall Street Zen raised United Microelectronics from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $8.60.

United Microelectronics Stock Down 1.7%

Shares of UMC opened at $17.06 on Tuesday. The firm has a market cap of $42.96 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 0.53 and a beta of 1.58. The company’s fifty day moving average is $22.53 and its two-hundred day moving average is $15.00. United Microelectronics has a fifty-two week low of $6.56 and a fifty-two week high of $28.96. The company has a quick ratio of 2.23, a current ratio of 2.72 and a debt-to-equity ratio of 0.12.

United Microelectronics (NYSE:UMC) last released its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $0.53 EPS for the quarter. The business had revenue of $2.16 billion during the quarter. United Microelectronics had a return on equity of 13.67% and a net margin of 20.71%. Analysts forecast that United Microelectronics will post 0.77 earnings per share for the current year.

United Microelectronics Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Thursday, August 6th. Investors of record on Wednesday, July 8th will be given a dividend of $0.4122 per share. This is a positive change from United Microelectronics’s previous annual dividend of $0.37. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a yield of 166.0%. United Microelectronics’s dividend payout ratio is currently 49.23%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC acquired a new position in shares of United Microelectronics during the second quarter worth about $27,000. TD Private Client Wealth LLC acquired a new stake in shares of United Microelectronics in the fourth quarter valued at about $32,000. CoreCap Advisors LLC grew its stake in shares of United Microelectronics by 271.0% in the second quarter. CoreCap Advisors LLC now owns 1,369 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 1,000 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of United Microelectronics during the 4th quarter valued at about $52,000. Finally, Arax Advisory Partners raised its holdings in shares of United Microelectronics by 583.7% during the 4th quarter. Arax Advisory Partners now owns 8,656 shares of the semiconductor company’s stock valued at $68,000 after buying an additional 7,390 shares during the period. 5.05% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting United Microelectronics

Here are the key news stories impacting United Microelectronics this week:

• Positive Sentiment: UMC reported second-quarter revenue of NT$68.73 billion, up 12.6% sequentially and 17.0% year over year, while gross margin reached 32.5%. Reported earnings of $0.53 per share exceeded the $0.16 analyst consensus, and revenue of $2.16 billion topped the $2.14 billion estimate. UMC Reports Second Quarter 2026 Results
• Positive Sentiment: The company is expanding cleanroom capacity at its Singapore facility and beginning construction of a new fab building in Tainan to address accelerating artificial-intelligence-related demand. UMC Announces Fab Expansion
• Positive Sentiment: UMC said Intel 12-nanometer design kits are expected by year-end and that its silicon-photonics technology has entered production, supporting its technology roadmap and potential future customer opportunities. UMC Q2 2026 Earnings Beat
• Positive Sentiment: Wedbush raised its price target after the results, and Zacks added UMC to its Rank #1 momentum-stock list. United Microelectronics Price Target Raised
• Neutral Sentiment: UMC filed its reviewed second-quarter financial statements with the U.S. Securities and Exchange Commission, providing formal regulatory disclosure of the results. UMC Files Reviewed Q2 Financials
• Negative Sentiment: The stock had already declined sharply ahead of earnings, suggesting investors may have been repositioning or taking profits despite the strong report. The planned fab expansions and higher 2026 capital spending also create near-term execution, funding and utilization risks. UMC Raises 2026 Capex

United Microelectronics Company Profile

United Microelectronics Corporation (UMC) is a Taiwan-based semiconductor foundry that provides wafer fabrication and related manufacturing services to a global customer base. Founded in 1980, the company operates as a pure-play foundry, producing integrated circuits for a range of customers including fabless semiconductor companies and integrated device manufacturers. UMC is publicly listed (NYSE: UMC) and focuses on high-reliability manufacturing rather than branding consumer products.

UMC’s core services encompass wafer fabrication using a portfolio of process technologies, with particular emphasis on mature and specialty nodes that support analog, power-management, radio-frequency (RF), and mixed-signal applications.