United Microelectronics (NYSE:UMC) Hits New 52-Week High – Should You Buy?

Posted by Geri Gentry on May 20th, 2026

Shares of United Microelectronics Corporation (NYSE:UMC – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $17.75 and last traded at $17.4530, with a volume of 1796963 shares traded. The stock had previously closed at $17.20.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UMC. JPMorgan Chase & Co. reissued an “underweight” rating on shares of United Microelectronics in a research note on Thursday, January 29th. Wall Street Zen raised United Microelectronics from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, BNP Paribas Exane raised United Microelectronics from an “underperform” rating to a “neutral” rating and set a $8.60 price objective for the company in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, United Microelectronics has an average rating of “Strong Sell” and an average price target of $8.60.

Check Out Our Latest Stock Analysis on United Microelectronics

United Microelectronics Stock Up 2.7%

The stock has a market capitalization of $44.25 billion, a PE ratio of 27.04, a P/E/G ratio of 2.02 and a beta of 1.41. The firm has a 50 day moving average of $11.38 and a two-hundred day moving average of $9.71. The company has a current ratio of 2.72, a quick ratio of 2.23 and a debt-to-equity ratio of 0.12.

United Microelectronics (NYSE:UMC – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.08. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.92 billion. United Microelectronics had a return on equity of 13.67% and a net margin of 20.71%. Equities research analysts anticipate that United Microelectronics Corporation will post 0.7 earnings per share for the current year.

Hedge Funds Weigh In On United Microelectronics

Hedge funds have recently bought and sold shares of the stock. Summit Global Investments purchased a new position in United Microelectronics during the third quarter worth $1,097,000. Mirae Asset Global Investments Co. Ltd. increased its position in United Microelectronics by 3,854.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,648 shares of the semiconductor company’s stock worth $1,326,000 after buying an additional 164,383 shares in the last quarter. Moran Wealth Management LLC increased its position in United Microelectronics by 13.8% during the fourth quarter. Moran Wealth Management LLC now owns 792,367 shares of the semiconductor company’s stock worth $6,228,000 after buying an additional 95,871 shares in the last quarter. US Bancorp DE increased its position in United Microelectronics by 102.7% during the third quarter. US Bancorp DE now owns 541,044 shares of the semiconductor company’s stock worth $4,101,000 after buying an additional 274,157 shares in the last quarter. Finally, Quantbot Technologies LP increased its position in United Microelectronics by 2,855.8% during the third quarter. Quantbot Technologies LP now owns 235,604 shares of the semiconductor company’s stock worth $1,786,000 after buying an additional 227,633 shares in the last quarter. Hedge funds and other institutional investors own 5.05% of the company’s stock.

About United Microelectronics

(Get Free Report)

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.