Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Stock Has Average Price Target of $130.00

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) have earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $128.17.

A number of analysts have issued reports on the company. Oppenheimer raised their target price on Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. Weiss Ratings downgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. TD Cowen boosted their target price on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Needham & Company LLC increased their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Freedom Broker started coverage on shares of Ultra Clean in a report on Friday, October 9th. They set a “buy” rating and a $127.00 price target for the company.

Ultra Clean Stock Performance

NASDAQ UCTT opened at $61.02 on Wednesday. The company has a market cap of $2.74 billion, a PE ratio of 56.20, a price-to-earnings-growth ratio of 0.68 and a beta of 1.86. The stock’s 50 day simple moving average is $74.79 and its 200-day simple moving average is $84.23. Ultra Clean has a 1-year low of $21.49 and a 1-year high of $144.22. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The firm had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%. The business’s revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts anticipate that Ultra Clean will post 2.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Ultra Clean

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