Ultra Clean (NASDAQ:UCTT) Stock Picked Up by Analysts at Freedom Broker

Key Points

• Freedom Broker initiated coverage of Ultra Clean with a “buy” rating and a $127 price target, implying 86.86% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with a consensus target of $128.17.
• Ultra Clean reported quarterly EPS of $0.70, beating estimates of $0.53, while revenue rose 24.3% year over year to $644.9 million. The company issued third-quarter 2026 EPS guidance of $0.83–$1.03.
• UCTT shares rose 0.6% to $67.97, while institutional investors own 96.06% of the stock; BlackRock and several other firms recently established or expanded positions.

Equities research analysts at Freedom Broker assumed coverage on shares of Ultra Clean (NASDAQ:UCTT - Get Free Report) in a note issued to investors on Friday, Benzinga reports. The brokerage set a "buy" rating and a $127.00 price target on the semiconductor company's stock. Freedom Broker's target price suggests a potential upside of 86.86% from the stock's previous close.

UCTT has been the topic of a number of other research reports. UBS Group set a $127.00 price target on Ultra Clean in a research note on Thursday. Oppenheimer increased their price objective on shares of Ultra Clean from $115.00 to $150.00 and gave the company an "outperform" rating in a research report on Tuesday, August 4th. TD Cowen boosted their target price on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Needham & Company LLC boosted their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings lowered shares of Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research note on Friday, August 7th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $128.17.

Ultra Clean Stock Up 0.6%

NASDAQ:UCTT traded up $0.39 during midday trading on Friday, reaching $67.97. 301,080 shares of the stock traded hands, compared to its average volume of 1,261,479. The stock has a market capitalization of $3.05 billion, a PE ratio of -129.82, a price-to-earnings-growth ratio of 0.76 and a beta of 1.86. Ultra Clean has a 12-month low of $21.49 and a 12-month high of $144.22. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73. The business has a 50-day moving average of $76.07 and a two-hundred day moving average of $84.21.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The business had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. During the same period in the previous year, the company earned $0.27 earnings per share. The business's revenue for the quarter was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, equities analysts forecast that Ultra Clean will post 2.67 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ultra Clean

Large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Ultra Clean during the second quarter valued at $986,722,000. Paradigm Capital Management Inc. NY acquired a new stake in Ultra Clean during the 2nd quarter worth about $86,723,000. Cooper Creek Partners Management LLC purchased a new position in shares of Ultra Clean during the 1st quarter valued at about $36,486,000. SG Americas Securities LLC raised its stake in shares of Ultra Clean by 348.7% during the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company's stock valued at $35,167,000 after buying an additional 439,526 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Ultra Clean in the 2nd quarter valued at about $60,628,000. Hedge funds and other institutional investors own 96.06% of the company's stock.

About Ultra Clean

Ultra Clean Holdings, Inc NASDAQ: UCTT is a manufacturer and service provider for the semiconductor and other advanced-technology industries. The company designs and produces critical subsystems, components and assemblies used in semiconductor processing equipment, supporting customers throughout the equipment life cycle.

Its products and services include gas and fluid delivery systems, process modules, precision-machined components, equipment enclosures, and other high-purity assemblies.

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