Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts have conflicting opinions about UMC-N. One expert believes that the company is a 2nd or 3rd rate option for investors due to its high stock price and suggests waiting for a share price to fall before investing. On the other hand, Trevor Rose's Insights indicate that UMC-N is a solid company with strong balance sheet, cheap valuation, and organic growth. However, they also note that the semiconductor industry is cyclical, and sales are expected to decline in FY 2023 before recovering. Overall, UMC-N is perceived as a company with potential but also subject to market fluctuations.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS

Semi-conductor business is best played through "Tier 1" companies. Taiwan Semi/Samsung are the best options. This company is a 2nd or 3rd rate option for investors. Stock price very high. Would wait for share price to fall before investing. Overall a strong sector. 

Technology
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

UMC is a Taiwanese company, operating as a semiconductor wafer foundry, and is now trading at 11x times' Forward P/E. In the last five years, sales grew around 10% on average, mostly organic growth. The balance sheet is strong, with a net cash of Taiwan NT115B(or around $3.7B). The company has been reinvesting heavily to pursue organic growth, while dividends also grew at an impressive pace over the last few years. However, the semiconductor industry is quite cyclical. Based on consensus estimates, sales are expected to decline by 24% in FY 2023, and then recover to around 12%-15% over the next few years. Overall, solid company, cheap valuation, strong balance sheet, and we like the name. Keep in mind we do not follow international names closely, however. 
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Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Apr 08/21, Up 5.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UMC has triggered its stop at $10. To remain disciplined, we recommend covering the position at this time. We will look for other opportunities.
Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Apr 08/21, Up 17.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UMC is progressing well. We recommend trailing up the stop (from $7) to $10 at this time.
Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly The semiconductor space saw global chip sales up over 14% last year and there is now a global shortage of supply. UMC is a Taiwan based chip producer and recently released sales were up 14%. It has beat earnings estimates in each of the past three reporting cycles. It trades at 31x earnings, cheap compared to its peers at 68x. It also pays a small dividend. We would buy this with a stop loss at $7, looking achieve $11.50 -- upside potential over 20%. Yield 1.56% (Analysts’ price target is $11.55)
Technology
BUY
It's in the sweet spot -- we need these integrated circuits in this current semi shortage.
Technology
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United Microelectronics Corporation(UMC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for United Microelectronics Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

United Microelectronics Corporation(UMC-N) Frequently Asked Questions

What is United Microelectronics Corporation stock symbol?

United Microelectronics Corporation is a American stock, trading under the symbol UMC-N on the New York Stock Exchange (UMC). It is usually referred to as NYSE:UMC or UMC-N

Is United Microelectronics Corporation a buy or a sell?

In the last year, 2 stock analysts published opinions about UMC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for United Microelectronics Corporation.

Is United Microelectronics Corporation a good investment or a top pick?

United Microelectronics Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for United Microelectronics Corporation.

Why is United Microelectronics Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is United Microelectronics Corporation worth watching?

In the last year, there was no coverage of United Microelectronics Corporation published on Stockchase.

What is United Microelectronics Corporation stock price?

On 2024-07-19, United Microelectronics Corporation (UMC-N) stock closed at a price of $7.825.