Ultra Clean (NASDAQ:UCTT) Shares Up 6.6% – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) was up 6.6% during mid-day trading on Friday . The company traded as high as $70.16 and last traded at $71.00. Approximately 87,731 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,297,208 shares. The stock had previously closed at $66.59.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. UBS Group reissued a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. Needham & Company LLC raised their target price on Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. TD Cowen lifted their price target on Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.00.

Ultra Clean Stock Performance

The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The firm’s fifty day moving average is $90.20 and its 200 day moving average is $81.59. The company has a market cap of $3.19 billion, a PE ratio of -137.07, a price-to-earnings-growth ratio of 0.71 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $587.65 million. During the same period last year, the firm posted $0.27 earnings per share. The company’s revenue 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, research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Ultra Clean

Several large investors have recently bought and sold shares of UCTT. Royal Bank of Canada lifted its position in shares of Ultra Clean by 35.8% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after acquiring an additional 6,841 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Ultra Clean by 16.9% during the first quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after purchasing an additional 28,690 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ultra Clean by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after purchasing an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Ultra Clean by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after purchasing an additional 13,005 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Ultra Clean by 1,987.5% in the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after purchasing an additional 141,114 shares during the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.