Ultra Clean Holdings, Inc.
UCTT
$102.11
-1.60%
Ultra Clean Holdings, Inc. manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry, including precision robotic solutions and gas delivery systems. As a key supplier to major semiconductor equipment makers, it holds a distinct position in the supply chain for wafer fabrication equipment. The current investor narrative centers on the company's dramatic stock price surge driven by the AI and semiconductor cycle recovery, with attention on its ability to convert revenue growth into sustainable profitability after recent losses.…
UCTT
Ultra Clean Holdings, Inc.
$102.11
UCTT 12-Month Price Forecast
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Ultra Clean Holdings, Inc.'s 12-month outlook, with a consensus price target around $132.74 and implied upside of +30.0% versus the current price.
Average Target
$132.74
1 analysts
Implied Upside
+30.0%
vs. current price
Analyst Count
1
covering this stock
Price Range
$82 - $133
Analyst target range
Only 1 analyst covers the stock, with a consensus recommendation not explicitly provided but implied by the single estimate. The average EPS estimate for the current fiscal year is $7.99, with a range of $7.62 to $8.44. The average revenue estimate is $4.553 billion, implying a significant rebound from current run rates. Without a price target, we cannot calculate upside/downside. The limited coverage suggests the stock is a small-cap with lower institutional interest, leading to higher volatility and less efficient price discovery. Institutional ratings show consistent Buy/Outperform ratings from TD Cowen, Needham, and Oppenheimer, with no downgrades, indicating positive sentiment among covering firms. However, the lack of multiple analysts means the consensus is thin and may not fully reflect market views.
UCTT Technical Analysis
The stock is in a powerful sustained uptrend, with a 1-year price change of +324.74%. Currently trading at $106.27, it sits at 73.7% of its 52-week range ($21.28 to $144.22), indicating it is closer to the highs but not overextended. This positioning suggests strong momentum but also potential for resistance near the upper bound. Short-term momentum is accelerating, with a 1-month change of +16.91% and a 3-month change of +40.18%, both outpacing the longer-term trend. The 1-month relative strength vs. SPY is +12.84%, confirming outperformance. However, the stock recently pulled back from a high of $144.22 on July 2 to $106.27, a decline of about 26%, which could signal a temporary correction within the uptrend. The 52-week low of $21.28 provides a distant support level, while the 52-week high of $144.22 is the immediate resistance. A breakout above $144.22 would signal a continuation of the uptrend, while a breakdown below the recent low of $90.78 (July 7) could indicate further weakness. With a beta of 1.834, the stock is 83.4% more volatile than the market, amplifying both upside and downside moves.
Beta
1.83
1.83x market volatility
Max Drawdown
-36.3%
Largest decline past year
52-Week Range
$21-$144
Price range past year
Annual Return
+307.5%
Cumulative gain past year
| Period | UCTT Return | S&P 500 |
|---|---|---|
| 1m | -10.1% | +0.0% |
| 3m | +33.6% | +7.6% |
| 6m | +133.4% | +9.1% |
| 1y | +307.5% | +21.3% |
| ytd | +273.8% | +10.7% |
Bobby - Your AI Investment Partner
Get real-time data, AI-driven personalized investment analysis to make smarter investment decisions
UCTT Fundamental Analysis
Revenue has been declining, with the most recent quarter (Q4 2025) reporting $506.7 million, down 10.05% year-over-year from $563.3 million in Q4 2024. The multi-quarter trend shows revenue falling from $518.8 million in Q2 2025 to $506.7 million in Q4 2025, indicating a deceleration. The Products segment generated $442.4 million and Services $64.2 million, with Products being the primary driver. The revenue decline raises concerns about demand in the semiconductor capital equipment cycle. The company is currently unprofitable, with a net loss of -$3.3 million in Q4 2025 and a trailing twelve-month net income of -$3.3 million (from the quarterly data). Gross margin was 15.26% in Q4 2025, down from 16.30% in Q4 2024, indicating margin compression. Operating margin was 2.15%, barely positive, suggesting limited operational leverage. The company has a debt-to-equity ratio of 1.14, indicating moderate leverage, and a current ratio of 3.19, showing strong liquidity. Free cash flow was negative -$2.6 million in Q4 2025, but trailing twelve-month free cash flow was $14.7 million, implying some cash generation. ROE is negative at -25.49%, reflecting the net loss relative to equity.
Quarterly Revenue
$506700000.0B
2025-12
Revenue YoY Growth
-10.1%
YoY Comparison
Gross Margin
15.3%
Latest Quarter
Free Cash Flow
$14700000.0B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
Open an Account, get $2 TSLA now!
Valuation Analysis: Is UCTT Overvalued?
Since net income is negative (TTM net income of -$3.3 million), the trailing P/E ratio of -6.51 is not meaningful. Therefore, we use the price-to-sales (P/S) ratio, which is 0.57 based on current market cap and TTM revenue. The forward P/E is 26.99, implying the market expects a return to profitability. The gap between negative trailing P/E and positive forward P/E suggests aggressive growth expectations. The P/S ratio of 0.57 is significantly below the industry average (not provided, but typically higher for semiconductor equipment suppliers), indicating a potential discount. However, the negative net margin of -8.82% and low gross margin of 15.72% suggest the discount may be warranted due to weak profitability. Historically, the trailing P/E has ranged from -103.6 to 33.5 over the past few years, while the P/S ratio has ranged from 1.84 to 5.53. The current P/S of 0.57 is near the low end of its historical range, suggesting the stock is cheap on a sales basis, but this could reflect deteriorating fundamentals or a cyclical trough.
PE
-6.5x
Latest Quarter
vs. Historical
High-End
5-Year PE Range -196x~33x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
-53.4x
Enterprise Value Multiple