Ultra Clean (NASDAQ:UCTT) Price Target Raised to $125.00

Ultra Clean (NASDAQ:UCTT) had its price objective hoisted by Needham & Company LLC from $92.00 to $125.00 in a research report report published on Tuesday morning, MarketBeat reports. They currently have a buy rating on the semiconductor company’s stock.

UCTT has been the subject of several other reports. Oppenheimer raised their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Wall Street Zen cut shares of Ultra Clean from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. TD Cowen lifted their price objective on Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, UBS Group started coverage on Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $129.00.

Ultra Clean Trading Up 3.7%

Shares of Ultra Clean stock opened at $83.14 on Tuesday. Ultra Clean has a 12-month low of $21.49 and a 12-month high of $144.22. The company has a market cap of $3.73 billion, a price-to-earnings ratio of -159.88, a PEG ratio of 1.07 and a beta of 1.88. The company has a current ratio of 2.73, a quick ratio of 1.72 and a debt-to-equity ratio of 0.84. The company’s 50-day moving average price is $100.26 and its 200-day moving average price is $77.35.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. The company had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. Ultra Clean’s revenue was up 24.3% compared to the same quarter last year. During the same period last year, the business earned $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, equities analysts expect that Ultra Clean will post 2.14 earnings per share for the current fiscal year.

Insider Transactions at Ultra Clean

In other news, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the transaction, the director owned 38,152 shares in the company, valued at $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 43,534 shares of company stock worth $3,906,434. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in Ultra Clean in the second quarter worth approximately $82,000. Bank of New York Mellon Corp purchased a new position in shares of Ultra Clean during the second quarter worth approximately $38,539,000. State of Wyoming purchased a new position in shares of Ultra Clean during the second quarter worth approximately $1,095,000. GSA Capital Partners LLP bought a new stake in shares of Ultra Clean in the 2nd quarter worth approximately $574,000. Finally, Stoneridge Investment Partners LLC bought a new stake in shares of Ultra Clean in the 2nd quarter worth approximately $347,000. 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.