Ultra Clean (NASDAQ:UCTT) Trading 11.6% Higher – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price traded up 11.6% during trading on Wednesday . The company traded as high as $70.77 and last traded at $70.7380. 308,520 shares were traded during trading, a decline of 78% from the average session volume of 1,388,881 shares. The stock had previously closed at $63.39.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. TD Cowen raised their target price on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Craig Hallum restated a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a report on Tuesday, February 24th. Oppenheimer raised their target price on Ultra Clean from $35.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Needham & Company LLC lifted their price objective on Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Ultra Clean presently has a consensus rating of “Moderate Buy” and an average price target of $81.25.

Ultra Clean Stock Up 9.8%

The firm has a 50 day moving average price of $56.79 and a 200-day moving average price of $38.83. The company has a current ratio of 3.19, a quick ratio of 1.89 and a debt-to-equity ratio of 0.60. The firm has a market cap of $3.17 billion, a PE ratio of -17.39, a PEG ratio of 1.15 and a beta of 1.81.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings data on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). The company had revenue of $506.70 million during the quarter, compared to analysts’ expectations of $503.34 million. Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. Research analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Ultra Clean

Several institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its stake in Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after purchasing an additional 1,315,407 shares during the last quarter. Summit Global Investments purchased a new stake in Ultra Clean during the fourth quarter worth approximately $210,000. State of Tennessee Department of Treasury lifted its stake in Ultra Clean by 25.1% during the fourth quarter. State of Tennessee Department of Treasury now owns 23,557 shares of the semiconductor company’s stock worth $597,000 after purchasing an additional 4,732 shares during the last quarter. XTX Topco Ltd purchased a new stake in Ultra Clean during the fourth quarter worth approximately $504,000. Finally, VARCOV Co. purchased a new stake in Ultra Clean during the fourth quarter worth approximately $361,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.