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United Microelectronics Corporation (NYSE:UMC) Faces Downgrade and Price Target Cut by BNP Paribas

  • BNP Paribas sets a new price target of $8.60 for NYSE:UMC, indicating a potential decrease of approximately -24.50%.
  • The downgrade to "Underperform" from "Neutral" reflects a cautious outlook on UMC's future performance in the semiconductor industry.
  • UMC's recent Q4 2025 earnings call provides insights into its financial health, with a focus on key metrics such as revenue and profit margins.

United Microelectronics Corporation (NYSE:UMC) is a prominent player in the semiconductor industry, providing a range of integrated circuit manufacturing services. The company competes with other major semiconductor foundries like Taiwan Semiconductor Manufacturing Company (TSMC) and GlobalFoundries. UMC's operations are crucial in the tech supply chain, impacting various sectors from consumer electronics to automotive.

On January 28, 2026, Alex Chang from BNP Paribas set a price target of $8.60 for UMC, significantly lower than its current stock price of $11.39. This target suggests a potential decrease of approximately -24.50%. Additionally, BNP Paribas downgraded UMC to "Underperform" from "Neutral," as highlighted by TheFly, indicating a cautious outlook on the company's future performance.

UMC's recent Q4 2025 earnings call, as reported by Seeking Alpha, provided insights into its financial health and strategic plans. The earnings call likely covered key metrics such as revenue and profit margins, which are essential for investors to gauge the company's market position. Understanding these figures helps stakeholders assess UMC's ability to navigate industry challenges and capitalize on opportunities.

Currently, UMC's stock price is $11.40, reflecting a decrease of approximately 8.62%. The stock has experienced a drop of $1.08 today, with fluctuations between $11.23 and $11.86 during the trading day. Over the past year, UMC's stock has seen a high of $12.68 and a low of $5.66, indicating significant volatility in its market performance.

UMC's market capitalization stands at approximately $28.44 billion, highlighting its substantial presence in the semiconductor industry. Today's trading volume for UMC is 16,416,824 shares, reflecting active investor interest. These figures are crucial for understanding the company's market dynamics and investor sentiment.