Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, United Microelectronics Corporation (UMC) has a Wall Street consensus price target of $8.60, based on estimates from 15 covering analysts. With the stock currently trading at $10.44, this represents a potential downside of -17.6%. The company has a market capitalization of $26.28B.
Analyst price targets range from a low of $8.60 to a high of $8.60, representing a 0% spread in expectations. The median target of $8.60 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 3 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, UMC trades at a trailing P/E of 19.6x and forward P/E of 17.2x. The forward PEG ratio of 0.41 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -96.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $350.72, with bear and bull scenarios of $74.02 and $979.02 respectively. Model confidence stands at 36/100, suggesting limited visibility into future performance.
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Start ComparisonUMC's consensus price target is $8.6, -17.6% below the current price of $10.44. The 15 analysts tracking UMC see downside risk at present valuations.
UMC has a consensus rating of "Hold" based on 15 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $8.6 implies -17.6% downside from current levels.
With a forward P/E of 17.2419x, UMC trades at a relatively low valuation. The consensus target of $8.6 implies -17.6% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $8.6 for UMC, while the most conservative target is $8.6. The consensus of $8.6 represents the median expectation. Our quantitative valuation model projects a bull case target of $979 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
UMC is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 8 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month UMC stock forecast based on 15 Wall Street analysts shows a consensus price target of $8.6, with estimates ranging from $8.6 (bear case) to $8.6 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $351, with bear/bull scenarios of $74/$979.
Our quantitative valuation model calculates UMC's fair value at $351 (base case), with a bear case of $74 and bull case of $979. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 36/100.
UMC trades at a forward P/E ratio of 17.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on UMC, with 3 Sell ratings and a price target of $8.6 (-17.6% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
UMC analyst price targets range from $8.6 to $8.6, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.6 consensus represents the middle ground. Our model's $74-$979 range provides an independent fundamental perspective.