Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
United Microelectronics Corp. (UMC)
NYSEInformation TechnologySemiconductorsSnapshot 2026-11-04
$16.06-2.07%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologySemiconductorsSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
35.88 → 35.66 EPS · FY ending Dec 31, 2027 · 2 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 2 to 2; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for UMC yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
earnings per share growth | A primary condition in United Microelectronics Corp.'s published investment case. The stated target is EPS >= $0.69 in FY26 and EPS >= $0.82 in FY27. | Intact | EPS falls below $0.60 in FY26 | Diluted EPS: TWD 32.75 per share FY2026-Q3; GAAP. Published target: EPS >= $0.69 in FY26 and EPS >= $0.82 in FY27. Reported actuals cannot certify a consensus target without an explicit period and accounting-basis binding. Oct 28, 202632.75 TWD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
UMC is a technology-sector investment whose long-term profile is difficult to classify from this evidence. The thesis is insufficiently established, and the risk label recently shifted from moderate to elevated.
The evidence does not include valuation measures or clear information about market expectations, so whether UMC is cheap or expensive versus peers cannot be assessed. Recent share-price weakness is noted, but it does not establish what expectations are already reflected.
There is not enough recent financial-performance history to judge the multi-year fundamental direction. Near term, the estimated earnings-miss risk is low, but recent surprises have been erratic and industry peers have missed lately.
Near-term conditions could improve if the Fed begins cutting rates or major technology peers stabilize with steady results and guidance. A material slowdown in GDP growth from 2.1% to below 2% would be a risk for the growth-sensitive sector.
Over the next 1 to 3 years, the thesis is unresolved because the evidence on UMC’s financial trajectory and valuation is thin. Elevated risk and sector-sensitive conditions remain important swing factors. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
strategic partnerships and technology collaboration | The company has new deals and partnerships, including collaboration with Intel on 12-nm process nodes. | Intact | loss or failure of Intel collaboration or major partnership | Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
total company revenue growth | A primary condition in United Microelectronics Corp.'s published investment case. The stated target is >= $273 billion total revenue in FY26. | Intact | total revenue falls below $250 billion in FY26 | Revenue: TWD 74.199B FY2026-Q3; GAAP. Published target: >= $273 billion total revenue in FY26. Annual target cannot be compared with a quarterly or TTM observation. Oct 28, 202674,198,524,000 TWD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.81 → $35.66 · observed estimates
$326.93B → $344.10B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.81 | $326,927,774,120 | 3 / 22 |
| 2026-07-25 | $0.81 | $326,927,774,120 | 3 / 22 |
| 2026-07-26 | $30.53 | $335,456,319,968 | 2 / 11 |
| 2026-07-27 | $30.53 | $335,456,319,968 | 2 / 11 |
| 2026-07-28 | $0.81 | $326,927,774,120 | 3 / 22 |
| 2026-07-29 | $0.96 | $331,989,160,080 | 3 / 22 |
| 2026-07-30 | $33.60 | $346,461,003,337 | 2 / 11 |
| 2026-07-31 | $0.93 | $341,770,799,110 | 1 / 23 |
| 2026-08-01 | $34.11 | $343,410,915,305 | 1 / 12 |
| 2026-08-02 | $0.88 | $341,381,724,030 | 2 / 23 |
| 2026-08-03 | $34.28 | $344,234,460,013 | 1 / 12 |
| 2026-08-04 | $0.88 | $341,381,724,030 | 2 / 23 |
| 2026-08-05 | $34.28 | $344,234,460,013 | 1 / 12 |
| 2026-08-06 | $34.28 | $344,234,460,013 | 1 / 12 |
| 2026-08-08 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-09 | $0.88 | $343,253,277,190 | 2 / 24 |
| 2026-08-10 | $0.88 | $343,253,277,190 | 2 / 24 |
| 2026-08-12 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-13 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-14 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-15 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-16 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-17 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-18 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-19 | $34.36 | $343,085,334,219 | 2 / 12 |
| 2026-08-20 | $35.62 | $347,887,586,616 | 2 / 12 |
| 2026-08-21 | $35.62 | $347,887,586,616 | 2 / 12 |
| 2026-08-22 | $35.62 | $347,887,586,616 | 2 / 12 |
| 2026-08-23 | $35.62 | $347,887,586,616 | 2 / 12 |
| 2026-08-24 | $35.62 | $347,887,586,616 | 2 / 12 |
| 2026-08-25 | $35.63 | $347,887,586,616 | 2 / 12 |
| 2026-08-26 | $35.99 | $348,729,802,382 | 2 / 12 |
| 2026-08-27 | $35.99 | $348,729,802,382 | 2 / 12 |
| 2026-08-28 | $35.99 | $348,729,802,382 | 2 / 12 |
| 2026-08-29 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-08-30 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-08-31 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-09-01 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-09-02 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-09-03 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-09-04 | $36.00 | $348,729,802,382 | 2 / 11 |
| 2026-09-05 | $36.02 | $349,049,008,497 | 2 / 11 |
| 2026-09-06 | $36.02 | $349,049,008,497 | 2 / 11 |
| 2026-09-07 | $36.02 | $349,049,008,497 | 2 / 11 |
| 2026-09-08 | $36.06 | $349,374,253,201 | 2 / 11 |
| 2026-09-09 | $36.17 | $350,492,879,078 | 2 / 11 |
| 2026-09-10 | $36.17 | $350,492,879,078 | 2 / 11 |
| 2026-09-11 | $36.16 | $350,492,879,078 | 2 / 11 |
| 2026-09-12 | $36.16 | $350,492,879,078 | 2 / 11 |
| 2026-09-13 | $36.16 | $350,492,879,078 | 2 / 11 |
| 2026-09-14 | $36.16 | $350,492,879,078 | 2 / 11 |
| 2026-09-15 | $36.16 | $350,492,879,078 | 2 / 11 |
| 2026-09-16 | $36.19 | $350,492,879,078 | 2 / 11 |
| 2026-09-17 | $36.18 | $350,492,879,078 | 2 / 11 |
| 2026-09-18 | $36.18 | $350,492,879,078 | 2 / 11 |
| 2026-09-19 | $36.18 | $350,492,879,078 | 2 / 11 |
| 2026-09-20 | $36.19 | $350,492,879,078 | 2 / 11 |
| 2026-09-21 | $35.79 | $346,700,517,711 | 2 / 11 |
| 2026-09-22 | $35.74 | $346,214,177,420 | 2 / 11 |
| 2026-09-23 | $35.81 | $346,833,487,154 | 2 / 11 |
| 2026-09-24 | $35.81 | $346,833,487,154 | 2 / 11 |
| 2026-09-25 | $35.82 | $346,921,283,416 | 2 / 11 |
| 2026-09-26 | $35.81 | $346,831,665,655 | 2 / 11 |
| 2026-09-27 | $35.80 | $346,758,805,686 | 2 / 11 |
| 2026-09-28 | $35.84 | $347,148,606,518 | 2 / 11 |
| 2026-09-29 | $35.89 | $347,613,088,818 | 2 / 11 |
| 2026-09-30 | $35.89 | $347,613,088,818 | 2 / 11 |
| 2026-10-01 | $35.94 | $348,282,489,780 | 2 / 11 |
| 2026-10-02 | $35.91 | $348,005,439,749 | 2 / 11 |
| 2026-10-03 | $35.91 | $347,959,537,969 | 2 / 11 |
| 2026-10-04 | $35.90 | $347,882,670,702 | 2 / 11 |
| 2026-10-05 | $35.88 | $347,671,829,182 | 2 / 10 |
| 2026-10-06 | $35.48 | $346,315,842,284 | 2 / 10 |
| 2026-10-07 | $35.87 | $348,278,812,803 | 2 / 10 |
| 2026-10-08 | $35.91 | $348,735,193,834 | 2 / 11 |
| 2026-10-09 | $36.12 | $349,522,545,016 | 2 / 11 |
| 2026-10-10 | $36.12 | $349,522,545,016 | 2 / 11 |
| 2026-10-11 | $36.46 | $351,193,747,213 | 2 / 11 |
| 2026-10-12 | $36.47 | $351,288,282,186 | 2 / 11 |
| 2026-10-13 | $36.47 | $351,245,244,864 | 2 / 11 |
| 2026-10-14 | $36.44 | $351,081,555,902 | 2 / 11 |
| 2026-10-15 | $36.52 | $351,992,072,430 | 2 / 11 |
| 2026-10-16 | $36.51 | $351,781,610,481 | 2 / 11 |
| 2026-10-17 | $36.51 | $351,781,610,481 | 2 / 11 |
| 2026-10-18 | $36.49 | $351,781,610,481 | 2 / 11 |
| 2026-10-19 | $36.49 | $351,781,610,481 | 2 / 11 |
| 2026-10-20 | $36.62 | $352,218,501,603 | 2 / 11 |
| 2026-10-21 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-22 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-23 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-24 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-25 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-26 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-27 | $36.63 | $352,138,337,678 | 2 / 11 |
| 2026-10-28 | $36.34 | $347,587,664,213 | 2 / 11 |
| 2026-10-29 | $36.39 | $346,985,966,760 | 2 / 11 |
| 2026-10-30 | $35.68 | $344,631,124,970 | 2 / 12 |
| 2026-10-31 | $35.66 | $344,140,406,579 | 2 / 12 |
| 2026-11-01 | $35.66 | $344,140,406,579 | 2 / 12 |
| 2026-11-02 | $35.66 | $344,140,406,579 | 2 / 12 |
| 2026-11-03 | $35.66 | $344,140,402,450 | 2 / 12 |
| 2026-11-04 | $35.66 | $344,101,352,718 | 2 / 12 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 1 Buy / Strong Buy · 0 Hold · 3 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.