Ultra Clean (NASDAQ:UCTT) Updates Q3 2026 Earnings Guidance

Ultra Clean (NASDAQ:UCTT) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.830-1.030 for the period, compared to the consensus EPS estimate of 0.670. The company issued revenue guidance of $700.0 million-$750.0 million, compared to the consensus revenue estimate of $667.6 million.

Ultra Clean Price Performance

Shares of Ultra Clean stock opened at $89.17 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. Ultra Clean has a 52-week low of $21.49 and a 52-week high of $144.22. The company has a fifty day moving average of $100.63 and a 200-day moving average of $76.50. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -20.79, a price-to-earnings-growth ratio of 1.11 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The company had revenue of $644.90 million for the quarter, compared to analysts’ expectations of $587.65 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm’s revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities research analysts expect that Ultra Clean will post 2.14 EPS for the current year.

Wall Street Analyst Weigh In

UCTT has been the topic of a number of recent research reports. Wall Street Zen cut Ultra Clean from a “buy” rating to a “hold” rating in a research note on Saturday. TD Cowen boosted their target price on Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Weiss Ratings cut Ultra Clean from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 24th. Oppenheimer raised their price target on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. Finally, UBS Group assumed coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $113.40.

Insider Activity

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer owned 50,710 shares in the company, valued at approximately $4,537,023.70. The trade was a 23.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the sale, the general counsel owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 48,034 shares of company stock worth $4,296,414 in the last quarter. Insiders own 1.80% of the company’s stock.

More Ultra Clean News

Here are the key news stories impacting Ultra Clean this week:

• Positive Sentiment: Ultra Clean reported second-quarter revenue of $644.9 million, up 24.3% year over year and above analyst estimates. Adjusted EPS of $0.70 also exceeded the roughly $0.52-$0.53 consensus, compared with $0.27 a year earlier. Ultra Clean Holdings Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management’s third-quarter outlook was significantly above consensus, calling for EPS of $0.83-$1.03 versus an estimate of $0.67 and revenue of $700-$750 million versus $667.6 million. The guidance suggests continued demand momentum in the semiconductor-equipment supply chain. Ultra Clean Earnings Results and Conference Call
• Positive Sentiment: The earnings call highlighted record quarterly revenue and year-over-year growth, reinforcing the company’s improving top-line trajectory. Ultra Clean Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Reported figures were less favorable than the adjusted results: diluted EPS was cited at $0.19, net income attributable to common shareholders was $8.7 million, and operating profit declined to $29.5 million. This difference could create confusion or temper enthusiasm despite the adjusted EPS beat. Ultra Clean Q2 2026 Financial Results Analysis
• Negative Sentiment: Operating cash flow was negative $41.1 million for the quarter, while capital expenditures totaled $16.2 million. Continued cash conversion concerns may offset the company’s revenue and guidance strength.
• Negative Sentiment: Recent insider activity showed 83 sales and no purchases over six months, a potential sentiment overhang for investors. UCTT also opened below its 50-day moving average, indicating near-term technical pressure despite trading above its 200-day average.

Institutional Investors Weigh In On Ultra Clean

Several institutional investors and hedge funds have recently bought and sold shares of UCTT. Quadrant Capital Group LLC increased its stake in shares of Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 284 shares during the period. Smartleaf Asset Management LLC lifted its stake in Ultra Clean by 472.9% in the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 1,414 shares during the period. Advisory Services Network LLC bought a new stake in Ultra Clean in the third quarter valued at $45,000. State of Wyoming boosted its holdings in Ultra Clean by 45.7% in the fourth quarter. State of Wyoming now owns 1,825 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 572 shares in the last quarter. Finally, Wexford Capital LP purchased a new position in Ultra Clean during the 3rd quarter valued at $64,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

About Ultra Clean

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.