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

Posted by Geri Gentry on Oct 19th, 2026

Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report) shares gapped up before the market opened on Monday. The stock had previously closed at $51.00, but opened at $54.56. Ultra Clean shares last traded at $52.8230, with a volume of 158,885 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC raised their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings lowered shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. Zacks Research cut shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Oppenheimer boosted their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, TD Cowen increased their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean has an average rating of “Moderate Buy” and a consensus target price of $128.17.

Get Our Latest Stock Report on UCTT

Ultra Clean Price Performance

The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -102.00, a price-to-earnings-growth ratio of 0.55 and a beta of 1.86. The company has a 50-day simple moving average of $73.05 and a two-hundred day simple moving average of $84.15. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73.

Ultra Clean (NASDAQ:UCTT – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%. The company had revenue of $644.90 million during the quarter, compared to the consensus estimate of $587.65 million. During the same quarter in the prior year, the firm posted $0.27 EPS. The firm’s revenue for the quarter was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Institutional Trading of Ultra Clean

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. VMS Asset Management Limited raised its position in shares of Ultra Clean by 14.8% in the third quarter. VMS Asset Management Limited now owns 44,740 shares of the semiconductor company’s stock valued at $3,627,000 after buying an additional 5,775 shares in the last quarter. Insight Wealth Strategies LLC boosted its stake in shares of Ultra Clean by 7.9% in the third quarter. Insight Wealth Strategies LLC now owns 51,199 shares of the semiconductor company’s stock valued at $4,150,000 after buying an additional 3,736 shares during the period. GAMMA Investing LLC boosted its stake in shares of Ultra Clean by 3.5% in the third quarter. GAMMA Investing LLC now owns 6,199 shares of the semiconductor company’s stock valued at $502,000 after buying an additional 208 shares during the period. Byrne Asset Management LLC acquired a new stake in Ultra Clean during the third quarter worth approximately $220,000. Finally, CX Institutional acquired a new stake in Ultra Clean during the third quarter worth approximately $1,099,000. 96.06% of the stock is owned by institutional investors.

About Ultra Clean

(Get Free Report)

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.