UMC

United MicroelectronicsB

NYSE / Semiconductors & Semiconductor Equipment

At close

2026-07-18

Current thesis

Stronger-than-expected cyclical recovery drives higher utilization of mature-node capacity, margin expansion and rerating; limited near-term upside vs. anchor keeps rating cautious.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +0.4.

What can break

Execution risk on capex and node migration

Momentum

Value

Sentiment

Setup hits (3d)

— · Net —

AI TargetsBase $9.85 · Bull $11.50 · Bear $5.00

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-06 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net —

Target $8.80

Why

Momentum98 · Δ7d +0.4

Value59 · Δ7d +0.1

Sentiment17 · Δ7d 0.0

So what

Strength-led posture. Favor watchlist adds and disciplined entries.

Setup hits not loaded

Load setup hits to see net bias and recent triggers.

Load setup hits

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

+0.4

Δ21d

+1.6

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.1

Δ21d

-5.8

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

0.0

Δ21d

0.0

Why this grade

Composite grade B. Momentum 98.5 / Value 59.4 / Sentiment 17.1

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$55.4B

Beta

0.96

Shares Out

2.52B

P/E (TTM)

15.2

P/S (TTM)

2.59

P/FCF (TTM)

13.43

Rev YoY

+9.7%

EPS YoY

+116.1%

Gross Margin

+27.7%

Op Margin

+18.5%

Net Debt

-$1.57B

Current Ratio

2.72

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology