Ultra Clean (NASDAQ:UCTT) Reaches New 12-Month High - Here's What Happened

Key Points

• Shares of Ultra Clean (NASDAQ:UCTT) hit a new 52-week high, trading as high as $74.50 (last around $74.30) with a market cap of about $3.38 billion and 50-/200-day moving averages of $57.76/$39.27.
• Several brokers raised ratings and targets—Zacks upgraded to a "strong-buy", Oppenheimer to $85, Craig Hallum to $100 and TD Cowen to $70—leaving a consensus rating of "Moderate Buy" and a consensus target of $81.25.
• Ultra Clean slightly missed EPS expectations ($0.22 vs. $0.23) while beating revenue ($506.7M vs. $503.3M) but revenue was down 10.1% YoY and the company still reports a negative net margin (-8.82%); Q1 guidance is $0.18–$0.34 EPS.

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $74.50 and last traded at $74.2970, with a volume of 3872 shares traded. The stock had previously closed at $72.78.

Analysts Set New Price Targets

Several brokerages recently weighed in on UCTT. Zacks Research upgraded Ultra Clean from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 26th. Oppenheimer boosted their price target on Ultra Clean from $35.00 to $85.00 and gave the stock an "outperform" rating in a report on Tuesday, February 24th. Craig Hallum reaffirmed a "buy" rating and set a $100.00 price objective on shares of Ultra Clean in a research note on Tuesday, February 24th. TD Cowen boosted their target price on shares of Ultra Clean from $35.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Ultra Clean in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Ultra Clean presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.25.

Ultra Clean Price Performance

The company has a market cap of $3.38 billion, a PE ratio of -18.44, a price-to-earnings-growth ratio of 1.25 and a beta of 1.81. The business's 50 day moving average price is $57.76 and its 200-day moving average price is $39.27. The company has a quick ratio of 1.89, a current ratio of 3.19 and a debt-to-equity ratio of 0.60.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The semiconductor company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.01). Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.The firm had revenue of $506.70 million during the quarter, compared to analyst estimates of $503.34 million. During the same quarter in the prior year, the firm earned $0.51 EPS. The business's quarterly revenue was down 10.1% compared to the same quarter last year. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

Institutional Investors Weigh In On Ultra Clean

Several hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in Ultra Clean by 148.9% during the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 554 shares during the last quarter. Quadrant Capital Group LLC raised its stake in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 284 shares during the period. Danske Bank A S lifted its holdings in Ultra Clean by 450.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 900 shares during the last quarter. Smartleaf Asset Management LLC boosted 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 valued at $39,000 after acquiring an additional 1,414 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Ultra Clean during the 3rd quarter worth approximately $45,000. 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.

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