Ultra Clean (NASDAQ:UCTT) Shares Gap Up – Should You Buy?

Posted by George Bondi on May 5th, 2026

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $73.11, but opened at $80.00. Ultra Clean shares last traded at $82.3230, with a volume of 261,519 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Craig Hallum restated a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a report on Tuesday, February 24th. TD Cowen boosted their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Needham & Company LLC boosted their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Zacks Research lowered shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Finally, UBS Group assumed coverage on shares of Ultra Clean in a report on Tuesday. They issued a “buy” rating and a $130.00 target price on the stock. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold 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 “Moderate Buy” and a consensus price target of $104.40.

View Our Latest Research Report on UCTT

Ultra Clean Trading Up 9.5%

The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The firm’s 50-day moving average price is $65.86 and its 200 day moving average price is $44.70. The company has a market capitalization of $3.59 billion, a P/E ratio of -18.61, a P/E/G ratio of 1.04 and a beta of 1.94.

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

Insider Buying and Selling at Ultra Clean

In other news, insider Christopher S. Cook sold 11,903 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $75.31, for a total transaction of $896,414.93. Following the completion of the transaction, the insider directly owned 108,905 shares of the company’s stock, valued at $8,201,635.55. This represents a 9.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UCTT. Royal Bank of Canada grew its position in shares of Ultra Clean by 35.8% during the 1st 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 during the period. AQR Capital Management LLC lifted its stake in Ultra Clean by 16.9% in the 1st 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. lifted its stake in Ultra Clean by 5.0% in the 1st 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 lifted 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 worth $1,822,000 after purchasing an additional 13,005 shares in the last quarter. Finally, Jane Street Group LLC lifted 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 worth $3,173,000 after purchasing an additional 141,114 shares in the last quarter. 96.06% of the stock is owned by institutional investors.

About Ultra Clean

(Get Free Report)

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.