Ultra Clean (NASDAQ:UCTT) Sets New 52-Week High – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares 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

UCTT has been the topic of a number of analyst reports. TD Cowen lifted their target price on Ultra Clean from $35.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a research report on Monday, December 29th. Oppenheimer lifted their target price on Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Needham & Company LLC lifted their target price on Ultra Clean from $50.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Finally, Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $81.25.

Ultra Clean Price Performance

The company has a market capitalization of $3.45 billion, a P/E ratio of -18.95, a price-to-earnings-growth ratio of 1.38 and a beta of 1.81. The company has a fifty day moving average price of $58.40 and a 200 day moving average price of $39.67. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.89.

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

Institutional Investors Weigh In On Ultra Clean

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Ultra Clean by 6.2% during the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after acquiring an additional 293,048 shares during the last quarter. Invesco Ltd. raised its stake in Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after purchasing an additional 1,315,407 shares during the period. State Street Corp raised its stake in Ultra Clean by 5.0% during the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock valued at $46,923,000 after purchasing an additional 87,931 shares during the period. Royce & Associates LP raised its stake in Ultra Clean by 7.1% during the 3rd quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock valued at $30,177,000 after purchasing an additional 73,872 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Ultra Clean by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock valued at $20,798,000 after purchasing an additional 43,987 shares during the period. Institutional investors and hedge funds 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.