Ultra Clean (NASDAQ:UCTT) Stock Falls 6.6% - Here's Why

Key Points

• Ultra Clean shares fell 6.6% to about $59.31 in Tuesday trading, with roughly 800,000 shares changing hands—37% below average volume.
• Despite the decline, analysts maintain a generally positive outlook: six rate the stock a Buy, one a Hold and one a Sell, resulting in a “Moderate Buy” consensus and an average price target of $128.17.
• Ultra Clean exceeded quarterly expectations with $0.70 EPS and $644.9 million in revenue, up 24.3% year over year, and issued third-quarter 2026 EPS guidance of $0.83–$1.03.

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) traded down 6.6% during trading on Tuesday. The company traded as low as $59.40 and last traded at $59.3120. Approximately 800,077 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 1,262,961 shares. The stock had previously closed at $63.51.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UCTT. Weiss Ratings downgraded shares of Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 7th. Oppenheimer upped their target price on shares of Ultra Clean from $115.00 to $150.00 and gave the company an "outperform" rating in a report on Tuesday, August 4th. Wall Street Zen raised shares of Ultra Clean from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Needham & Company LLC raised their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Finally, TD Cowen lifted their price target on Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $128.17.

Ultra Clean Price Performance

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 firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of -114.48, a price-to-earnings-growth ratio of 0.73 and a beta of 1.86. The business has a fifty day moving average of $75.26 and a two-hundred day moving average of $84.26.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%. The business had revenue of $644.90 million for the quarter, compared to analysts' expectations of $587.65 million. During the same quarter in the prior year, the business earned $0.27 EPS. The firm'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. As a group, research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Kilter Group LLC bought a new position in shares of Ultra Clean in the second quarter worth $30,000. Harbor Investment Advisory LLC acquired a new position in Ultra Clean in the second quarter valued at about $62,000. AdvisorNet Financial Inc bought a new stake in Ultra Clean during the first quarter worth about $34,000. Global Retirement Partners LLC bought a new stake in Ultra Clean during the second quarter worth about $82,000. Finally, EverSource Wealth Advisors LLC lifted its position in Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 196 shares during the period. 96.06% of the stock is owned by institutional investors.

Ultra Clean Company Profile

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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