Ultra Clean Holdings, Inc. (UCTT) Stock Price & Analysis
Ultra Clean Holdings, Inc. (UCTT) closed at USD 45.32 on Friday, October 23, 2026, up 1.93% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 44.46; the Oct 23, 2026 session ranged USD 44.15–46.22 on volume of 1,032,994 shares. Market capitalization is $2.05B, with a 52-week range of USD 21.49–144.22 (NMS). Source: Nexqual, retrieved October 24, 2026 at 10:07 UTC.
Also available as compact Markdown for AI agents: nexqual.com/UCTT.md
Key facts (UCTT)
- Last four reported quarters (through Jun 26, 2026): revenue $2.20B, net income -$23.4M (-1.1% margin), free cash flow -$113M (SEC filings).
- 2 of 80 tracked superinvestors hold UCTT (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 1.83 on a 1–5 scale) (6 analysts), mean target USD 132.83 (range 120–150).
- Total return with dividends: 1Y +51.1% vs S&P 500 +13.4%; 5Y -8.6% vs S&P 500 +76.9%.
- Next earnings: 2026-10-27, EPS estimate USD 0.94, revenue estimate $728M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (UCTT)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.10B | $2.37B | $1.73B | $2.10B | $2.05B | $2.20B |
| Gross profit | $430M | $465M | $277M | $356M | $323M | — |
| Operating income | $186M | $120M | $35.2M | $91.2M | -$107M | $62.4M |
| Net income | $120M | $40.4M | -$31.1M | $23.7M | -$181M | -$23.4M |
| EPS (diluted) | $2.69 | $0.88 | -$0.70 | $0.52 | -$4.00 | — |
| Free cash flow | $152M | -$52.9M | $60.1M | $1.5M | $15.3M | -$113M |
| Gross margin | 20.5% | 19.6% | 16.0% | 17.0% | 15.7% | — |
| Operating margin | 8.8% | 5.1% | 2.0% | 4.3% | -5.2% | 2.8% |
| Net margin | 5.7% | 1.7% | -1.8% | 1.1% | -8.8% | -1.1% |
| Revenue growth | +50.3% | +13.0% | -26.9% | +20.9% | -2.1% | — |
| Cash + short-term investments | $467M | $359M | $307M | $314M | $312M | — |
| Total debt | $565M | $485M | — | $500M | $477M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 26, 2026) (UCTT)
P/S 0.9x · EV/EBITDA 21.4x · EV/Sales 1.1x · P/B 3.2x · FCF yield -5.51% · Earnings yield -1.14% · Buyback yield (TTM) 1.95% · Net debt $344M · EV $2.40B
P/E at fiscal year-ends: Dec 2024 68.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (UCTT)
2 of 80 tracked investors hold UCTT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.08% | $49.6M | Reduced -19.9% |
| Lee Ainslie | Maverick Capital | 0.01% | $718K | Reduced -75.2% |
Analysts (UCTT)
Consensus Buy (mean 1.83 on a 1–5 scale), 6 analysts; mean target USD 132.83 (low 120, high 150).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Freedom Broker | Initiated | Buy | $127 |
| 2026-08-04 | Oppenheimer | Target raised | Outperform | $115 → $150 |
| 2026-08-04 | TD Cowen | Target raised | Buy | $130 → $140 |
| 2026-08-04 | Needham | Target raised | Buy | $92 → $125 |
| 2026-07-09 | TD Cowen | Target raised | Buy | $100 → $130 |
Total return (dividends reinvested) (UCTT)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +51.1% | -8.6% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +51.3% | -1.8% |
| Volatility (annualized) | 89.3% | 60.3% |
| Max drawdown | -68.8% (Jun 2026→Oct 2026) | -69.7% (Jan 2022→Mar 2025) |
UCTT revenue by business segment (quarter ended Jun 26, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Semiconductor Products And Solutions | $572.7M | 88.8% | +25.9% |
| Services | $72.2M | 11.2% | +13.0% |
| Total revenue | $644.9M | 100% | — |
UCTT revenue by product line (quarter ended Jun 26, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Products | $572.7M | 88.8% | +25.9% |
| Services | $72.2M | 11.2% | +13.0% |
| Total revenue | $644.9M | 100% | — |
UCTT revenue by region (quarter ended Jun 26, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Singapore | $252.8M | 39.2% | +41.2% |
| United States | $141.9M | 22.0% | +5.4% |
| Austria | $62.4M | 9.7% | +26.6% |
| Others | $54.2M | 8.4% | +9.3% |
| Malaysia | $48.4M | 7.5% | +163.0% |
| China | $35.6M | 5.5% | -25.5% |
| South Korea | $31.2M | 4.8% | +11.0% |
| Taiwan | $18.4M | 2.9% | +53.3% |
| Total revenue | $644.9M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
UCTT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Applied Materials (AMAT) | “Our two largest revenue customers in fiscal years 2025, 2024 and 2023 were Applied Materials, Inc. and Lam Research Corporation, each of which accounted for more than 10% of our total revenues in those three years.” |
| Customer | Lam Research (LRCX) | “Our two largest revenue customers in fiscal years 2025, 2024 and 2023 were Applied Materials, Inc. and Lam Research Corporation, each of which accounted for more than 10% of our total revenues in those three years.” |
| Customer | ASML (ASML) | “Three customers' gross accounts receivable balances, Applied Materials, Inc., Lam Research Corporation and ASML Holding NV were individually greater than 10.0% of gross accounts receivable as of December 27, 2024, in the aggregate approximately 41.9% of accounts receivable.” |
| Partner | Cinos | “In particular, we participate in a joint venture with Cinos Co., Ltd. ("Cinos Korea") in South Korea and Cinos Xi'an in China.” |
| Competitor | Jabil (JBL) | “Our principal competitors for gas delivery systems are Ichor Systems, Inc. and Fujikin Incorporated; our principal competitors for other critical subsystems are Foxsemicon Integrated Technology Inc., Jabil, Inc., VDL ETG, Celestica Inc. and Benchmark Electronics, Inc. For our gas delivery component solutions our principal competitors are Swagelok, Parker Hannifin, Fujikin and Watlow.” |
| Competitor | Celestica (CLS) | “Our principal competitors for gas delivery systems are Ichor Systems, Inc. and Fujikin Incorporated; our principal competitors for other critical subsystems are Foxsemicon Integrated Technology Inc., Jabil, Inc., VDL ETG, Celestica Inc. and Benchmark Electronics, Inc. For our gas delivery component solutions our principal competitors are Swagelok, Parker Hannifin, Fujikin and Watlow.” |
Quoted from the company's 10-K filed Feb 23, 2026.
UCTT customer concentration
In the period ended Jun 26, 2026, 3 direct customers each accounted for at least 10% (61.3%, 39.5%, 21.8%) of revenue, per the company's 10-Q filed Aug 4, 2026. The company does not name them.
UCTT company outlook (results filed Aug 3, 2026)
- “The Company expects revenue in the range of $700 million to $750 million.”
- “The Company expects GAAP diluted net income per share to be between $0.67 and $0.87 and non-GAAP diluted net income per share to be between $0.83 and $1.03.”
Quoted word-for-word from the SEC 8-K results press release.
UCTT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.94 | $0.67 | +40.6% | $727.6M | 6 |
| Next quarter (ends Dec 2026) | $1.16 | $0.84 | +38.3% | $813.9M | 6 |
| Current fiscal year (ends Dec 2026) | $3.11 | $2.33 | +33.3% | $2.72B | 6 |
| Next fiscal year (ends Dec 2027) | $6.24 | $3.94 | +58.6% | $3.85B | 6 |
Key Statistics (as of October 24, 2026 at 10:07 UTC)
| Price | USD 45.32 |
|---|---|
| Change | ▲ 1.93% (up) |
| Previous Close | USD 44.46 |
| Open | USD 44.15 |
| Day Range | USD 44.15 – 46.22 |
| 52-Week Range | USD 21.49 – 144.22 |
| Volume | 1,032,994 shares |
| Market Cap | $2.05B |
| Exchange | NMS |
Technical Analysis (UCTT)
Nexqual's technical model rates UCTT "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 24, 2026 at 10:07 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 23.55 (oversold) |
| vs SMA50 | Below (USD 69.49) |
| MACD | -7.27 (negative) |
Analyst Ratings (UCTT)
Wall Street analysts rate UCTT "Buy" based on 6 analysts, with a mean price target of USD 132.83 (range USD 120–150), per Nexqual as of October 24, 2026 at 10:07 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 132.83 |
| High Target | USD 150 |
| Low Target | USD 120 |
| Buy / Hold / Sell | 6 / 0 / 0 |
Earnings (UCTT)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.94 |
| Revenue Estimate | $727.55M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.7 vs est 0.53 ▲ beat |
| 2026-03-31 | USD 0.31 vs est 0.26 ▲ beat |
| 2025-12-31 | USD 0.22 vs est 0.23 ▼ miss |
| 2025-09-30 | USD 0.28 vs est 0.22 ▲ beat |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Financials & Fundamentals (UCTT)
| Total Revenue | $2.20B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +24.30% |
| Gross Margin | +15.83% |
| Operating Margin | +4.57% |
| Profit Margin | -1.07% |
| ROE | -1.55% |
| Debt / Equity | 1.08 |
| Current Ratio | 2.73 |
| Total Cash | $255.90M |
| Total Debt | $775.90M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$113.10M (-5.2% of revenue) |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Financial Health Score (UCTT)
Nexqual rates Ultra Clean Holdings, Inc.'s overall financial health "Weak" across five dimensions, as of October 24, 2026 at 10:07 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 16%, operating 5% (last 12 months) |
| Balance Sheet | Mixed — $256M cash and investments vs $599M debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$113M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -2%, ROA 2.1% |
Ownership (UCTT)
| Insider Ownership | +1.95% |
|---|---|
| Institutional Ownership | +109.70% |
| Shares Outstanding | 45.28M |
| Float | 44.33M |
| Short % of Float | +11.02% |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Leadership (UCTT)
Ultra Clean Holdings, Inc. is led by Jinsong Xiao, CEO & Director, per Nexqual as of October 24, 2026 at 10:07 UTC.
| CEO & Director | Jinsong Xiao |
|---|---|
| Chief Financial Officer | Michael D. Keogh |
| Chief Operating Officer | Robert Wunar |
| Senior Vice President of Investor Relations | Rhonda M. Bennetto B.B.A. |
| Managing Director of Marketing | Cheryl Knepfler |
Major Backers & Investors (UCTT)
Notable institutional backers of Ultra Clean Holdings, Inc. include Invesco, Capital Group, SmallCap World Fund Inc, according to Nexqual as of October 24, 2026 at 10:07 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 6.97% |
| Capital Group | 5.76% |
| SmallCap World Fund Inc | 5.31% |
| AIM Sector Funds (Invesco Sector Funds)-Invesco Small Cap Value Fund | 4.06% |
| Boston Partners | 3.03% |
| Driehaus Capital Management, LLC | 2.92% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.44% |
| Vanguard Group | 10.41% |
| State Street | 4.02% |
| Geode Capital | 2.94% |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
From Ultra Clean Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-23)
Key Strengths & Strategy (as disclosed to the SEC)
- Our success depends in part on our ability to maintain and protect our proprietary technology and to conduct our business without infringing the proprietary rights of others.
- Our leadership in the market is enabled by the following customer-centric solutions: •A vertically integrated solution for complex and highly configurable systems.
- We believe that our continued focus on efficient manufacturing, reduced design-to-delivery cycle times, and high quality and reliability will allow us to gain market share.
- We continue to strengthen our vertically integrated business model by investing in our operations or acquiring companies along the semiconductor supply chain to increase our capabilities, improve our cost structure, and enhance control, efficiency, and quality across our global operations.
Partnerships
- Our gas delivery system designs are developed in collaboration with our customers and are customized to meet the needs of specific processing requirements for OEMs.
- Our liquid delivery system designs are developed in collaboration with our customers and are customized to meet the needs of specific processing requirements for OEMs.
Legal & Regulatory Risks (Item 1A, quoted)
- We have in the past and may in the future receive claims that our products, processes or technologies infringe the patents or other proprietary rights of third parties.
- We may become involved in litigations and regulatory proceedings, which could require significant attention from our management and result in significant expense to us and disruptions to our business.
- Any environmental contamination at any of our production facilities could result in substantial liabilities.
- Our quarterly revenue and operating results could fluctuate significantly from period to period, and this may cause volatility in our common stock price.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| COHU | Cohu, Inc. | USD 47.96 | ▲ 3.67% |
| AEHR | Aehr Test Systems | USD 55.31 | ▼ 0.61% |
| PLAB | Photronics, Inc. | USD 28.15 | ▲ 0.9% |
| VECO | Veeco Instruments Inc. | USD 42.06 | ▲ 2.21% |
| AMBA | Ambarella, Inc. | USD 66.5 | ▲ 5.35% |
| ICHR | Ichor Holdings | USD 37.94 | ▲ 0.21% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 10:07 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt