Ultra Clean (NASDAQ:UCTT) Stock Price Down 5.2% - What's Next?

Key Points

• Ultra Clean shares fell 5.2% to $74.59 in Friday trading, with volume about 39% below the average session level.
• Despite the decline, analysts remain broadly positive: the stock has a consensus “Moderate Buy” rating and an average price target of $129, with recent targets ranging from $125 to $150.
• The company exceeded quarterly expectations, reporting $0.70 EPS and $644.9 million in revenue, up 24.3% year over year; management issued third-quarter 2026 EPS guidance of $0.83–$1.03.

Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) shares fell 5.2% during trading on Friday. The stock traded as low as $74.87 and last traded at $74.59. Approximately 769,444 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 1,259,575 shares. The stock had previously closed at $78.64.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Ultra Clean from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Needham & Company LLC increased their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. UBS Group reiterated a "buy" rating on shares of Ultra Clean in a report on Tuesday, August 4th. Oppenheimer boosted their price objective on shares of Ultra Clean from $115.00 to $150.00 and gave the company an "outperform" rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings downgraded Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $129.00.

Ultra Clean Trading Down 7.1%

The firm's 50 day simple moving average is $77.09 and its 200-day simple moving average is $83.76. The company has a market capitalization of $3.27 billion, a PE ratio of -142.42, a P/E/G ratio of 0.87 and a beta of 1.85. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $587.65 million. During the same quarter last year, the firm posted $0.27 EPS. The business's revenue for the quarter was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Institutional Investors Weigh In On Ultra Clean

A number of large investors have recently modified their holdings of the stock. Kilter Group LLC purchased a new position in Ultra Clean in the 2nd quarter worth approximately $30,000. Harbor Investment Advisory LLC acquired a new position in shares of Ultra Clean during the second quarter worth $62,000. AdvisorNet Financial Inc acquired a new position in shares of Ultra Clean during the first quarter worth $34,000. Global Retirement Partners LLC purchased a new position in shares of Ultra Clean in the second quarter valued at $82,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Ultra Clean by 37.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 196 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company's stock.

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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