Ultra Clean (NASDAQ:UCTT) Shares Gap Up – Here’s What Happened

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped up prior to trading on Tuesday . The stock had previously closed at $83.93, but opened at $89.27. Ultra Clean shares last traded at $97.6940, with a volume of 268,398 shares changing hands.

Trending Headlines about Ultra Clean

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

• Positive Sentiment: Ultra Clean was highlighted for hitting a fresh high as semiconductor demand continues to build, reinforcing the bullish case for the stock. Ultra Clean Hits Fresh High As Semiconductor Demand Builds
• Positive Sentiment: Analysts and market commentary pointed to a higher fair value and richer assumptions for UCTT, suggesting expectations are improving after recent earnings-related strength. Why The Ultra Clean Holdings (UCTT) Story Is Shifting With Higher Fair Value And Richer Assumptions
• Positive Sentiment: Another valuation-focused article said the company’s AI-driven earnings beat and rising analyst optimism are helping support a stronger investment case. Ultra Clean Holdings (UCTT) Valuation After AI Driven Earnings Beat And Rising Analyst Optimism
• Positive Sentiment: Seeking Alpha initiated coverage with a Buy rating, citing secular wafer-fab-equipment expansion, discounted valuation versus peers, and a path toward $4 billion in annual revenue over time. Ultra Clean: H2 2026 Production Ramp Accelerates The Roadmap To $4B In Revenue
• Neutral Sentiment: The company disclosed two CFO stock sales under a pre-arranged 10b5-1 plan, which may raise some investor caution but does not necessarily signal a change in fundamentals. Insider Trade Details

Analyst Upgrades and Downgrades

UCTT has been the topic of a number of research reports. Craig Hallum reaffirmed a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a report on Tuesday, February 24th. TD Cowen lifted their price target on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. UBS Group initiated coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target on the stock. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Oppenheimer lifted their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $107.40.

Ultra Clean Stock Down 1.1%

The stock’s fifty day moving average is $79.85 and its two-hundred day moving average is $55.82. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The firm has a market cap of $4.08 billion, a P/E ratio of -21.19, a price-to-earnings-growth ratio of 1.29 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. Ultra Clean’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Insider Buying and Selling at Ultra Clean

In related news, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. This represents a 17.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the sale, the senior vice president directly owned 16,446 shares in the company, valued at $1,311,075.12. This trade represents a 34.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 80,106 shares of company stock worth $6,734,589 in the last ninety days. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Several hedge funds have recently bought and sold shares of UCTT. EverSource Wealth Advisors LLC lifted its position in Ultra Clean by 148.9% during the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 554 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares during the last quarter. Danske Bank A S lifted its position in Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in Ultra Clean during the first quarter valued at approximately $34,000. Finally, Smartleaf Asset Management LLC lifted its position in Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors.

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.