Ultra Clean (NASDAQ:UCTT) Reaches New 52-Week High – Time to Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price reached a new 52-week high on Thursday . The stock traded as high as $73.80 and last traded at $67.32, with a volume of 2243264 shares changing hands. The stock had previously closed at $71.96.

Trending Headlines about Ultra Clean

Here are the key news stories impacting Ultra Clean this week:

• Positive Sentiment: Analysts raised targets and reiterated buys (Needham raised its PT to $70 and maintained a Buy) — reinforces long‑term thesis around wafer‑fab demand recovery and margin expansion. Analyst Price Target Raise
• Positive Sentiment: TD Cowen and other analysts reiterated Buy ratings and ~$70 targets citing leading‑edge semi recovery, margin expansion and reduced China risk — supports upside if demand normalizes. TD Cowen Buy Rating
• Positive Sentiment: Company is pushing its UCT 3.0/AI-driven expansion and signaling a $4B revenue run‑rate strategy — a clear growth narrative if AI semiconductor capex accelerates. $4B Run‑Rate Strategy
• Neutral Sentiment: Full Q4 earnings call transcript/highlights show management addressing near‑term headwinds while outlining the roadmap — useful for gauging cadence of recovery but not an immediate catalyst. Earnings Call Transcript
• Neutral Sentiment: Analyses and writeups (Seeking Alpha, Yahoo) explain the stock’s recent volatility — useful context on why the shares had previously rallied and what could sustain that move. Post‑Earnings Analysis
• Negative Sentiment: Company announced a proposed private offering of $400M aggregate principal of convertible senior notes due 2031 — raises near‑term dilution concerns and adds complexity to the capital structure. Convertible Notes Offering
• Negative Sentiment: Q4 results were mixed: EPS missed consensus by $0.01, revenue was down ~10% YoY, and the company reported a negative net margin — these metrics and conservative near‑term commentary pressured sentiment. Q4 Results & Highlights

Analyst Upgrades and Downgrades

UCTT has been the topic of several research reports. TD Cowen boosted their price objective on shares of Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a research report on Tuesday. Oppenheimer increased their price objective on Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Needham & Company LLC boosted their target price on Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean has a consensus rating of “Moderate Buy” and a consensus target price of $81.25.

Ultra Clean Stock Performance

The stock has a market capitalization of $3.06 billion, a P/E ratio of -16.83, a P/E/G ratio of 2.12 and a beta of 2.02. The stock has a 50 day simple moving average of $42.02 and a two-hundred day simple moving average of $31.60. The company has a quick ratio of 1.91, a current ratio of 3.19 and a debt-to-equity ratio of 0.60.

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

Insider Transactions at Ultra Clean

In related news, Director David T. Ibnale sold 23,500 shares of Ultra Clean stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total transaction of $625,805.00. Following the completion of the transaction, the director owned 45,241 shares in the company, valued at approximately $1,204,767.83. This trade represents a 34.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its holdings in shares of Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in shares of Ultra Clean by 41.5% in the second quarter. Frontier Capital Management Co. LLC now owns 2,754,163 shares of the semiconductor company’s stock valued at $62,161,000 after acquiring an additional 808,277 shares in the last quarter. Millennium Management LLC increased its position in Ultra Clean by 944.8% during the fourth quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock worth $14,184,000 after acquiring an additional 506,363 shares during the period. Vanguard Group Inc. raised its stake in Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock worth $126,415,000 after purchasing an additional 293,048 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Ultra Clean by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after purchasing an additional 279,953 shares during the period. 96.06% of the stock is owned by institutional investors and hedge funds.

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.