Ultra Clean (NASDAQ:UCTT) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Ultra Clean (NASDAQ:UCTT) from a buy rating to a hold rating in a research report released on Saturday morning.

UCTT has been the subject of several other reports. Weiss Ratings lowered Ultra Clean from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 24th. Oppenheimer raised their target price on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, June 9th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. TD Cowen lifted their price target on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Needham & Company LLC boosted their price target on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $113.40.

Ultra Clean Stock Up 7.0%

Shares of NASDAQ UCTT opened at $89.17 on Friday. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of -20.79, a price-to-earnings-growth ratio of 1.11 and a beta of 1.88. The company’s 50-day simple moving average is $100.63 and its 200-day simple moving average is $76.50. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. Ultra Clean has a 52-week low of $21.49 and a 52-week high of $144.22.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.17. The firm had revenue of $644.90 million during the quarter, compared to the consensus estimate of $587.65 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities analysts predict that Ultra Clean will post 2.14 EPS for the current fiscal year.

Insider Buying and Selling at Ultra Clean

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $86.89, for a total value of $173,780.00. Following the transaction, the general counsel directly owned 15,844 shares of the company’s stock, valued at $1,376,685.16. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer owned 50,710 shares in the company, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 48,034 shares of company stock valued at $4,296,414. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Ultra Clean during the fourth quarter worth $564,000. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Ultra Clean in the 1st quarter valued at $710,000. Maverick Capital Ltd. acquired a new position in shares of Ultra Clean in the 1st quarter valued at $1,263,000. Castleark Management LLC purchased a new position in shares of Ultra Clean during the 1st quarter worth $6,226,000. Finally, Dana Investment Advisors Inc. grew its holdings in shares of Ultra Clean by 9.6% during the 4th quarter. Dana Investment Advisors Inc. now owns 389,516 shares of the semiconductor company’s stock worth $9,866,000 after purchasing an additional 34,166 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

Trending Headlines about Ultra Clean

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

• Positive Sentiment: Strong Q3 outlook: Ultra Clean guided for third-quarter revenue of $700 million to $750 million, versus the $667.6 million consensus estimate, and adjusted EPS of $0.83 to $1.03, well above the $0.67 consensus. Ultra Clean Q3 2026 guidance
• Positive Sentiment: Q2 revenue and adjusted earnings beat expectations: The company reported revenue of $644.9 million, up 24.3% year over year and above the $599.4 million estimate. Zacks reported adjusted earnings of $0.70 per share, compared with the $0.52 consensus and $0.27 a year earlier. Ultra Clean Q2 earnings beat
• Positive Sentiment: Gross-profit momentum continued: Gross profit rose 30.4% to $103.7 million, indicating that higher demand was accompanied by improved gross profitability. Management discussed the company’s operating performance and outlook on its earnings call. Ultra Clean Q2 2026 earnings call transcript
• Neutral Sentiment: Reported EPS varies by measure: Published accounts cited adjusted EPS of $0.70 and $0.56, while third-party data showed diluted GAAP EPS of $0.19 versus a $0.54 estimate. Investors should distinguish between adjusted and GAAP results when assessing the earnings beat.
• Negative Sentiment: Cash flow and net income weakened: Operating cash flow was negative $41.1 million, while net income attributable to common shareholders fell to $8.7 million. Operating profit also declined to $29.5 million, despite higher revenue.
• Negative Sentiment: Insider selling remains a risk signal: Data cited 83 insider sales and no insider purchases over the past six months, including sales by several executives. This may temper investor enthusiasm even as institutional ownership activity remains mixed.

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.