Ultra Clean (NASDAQ:UCTT) Given New $70.00 Price Target at Needham & Company LLC

Ultra Clean (NASDAQ:UCTT) had its target price lifted by Needham & Company LLC from $50.00 to $70.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s target price points to a potential upside of 13.99% from the company’s previous close.

UCTT has been the topic of a number of other research reports. Weiss Ratings restated a “sell (d)” rating on shares of Ultra Clean in a report on Monday, December 29th. Oppenheimer restated an “outperform” rating on shares of Ultra Clean in a research note on Wednesday, October 29th. Finally, TD Cowen lifted their price objective on shares of Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $45.00.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT opened at $61.41 on Tuesday. Ultra Clean has a twelve month low of $16.66 and a twelve month high of $61.64. The stock’s 50 day moving average is $40.21 and its 200-day moving average is $31.00. The company has a quick ratio of 1.91, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of -17.20, a PEG ratio of 1.74 and a beta of 2.02.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $506.60 million for the quarter, compared to analyst estimates of $503.34 million. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The business’s quarterly revenue was down 10.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.51 EPS. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. Sell-side analysts forecast that Ultra Clean will post 1.09 EPS for the current fiscal year.

Insider Activity

In other news, Director David T. Ibnale sold 23,500 shares of Ultra Clean stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total transaction of $625,805.00. Following the sale, the director directly owned 45,241 shares in the company, valued at $1,204,767.83. The trade was a 34.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Ultra Clean

A number of large investors have recently added to or reduced their stakes in the stock. Invesco Ltd. raised its position in Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after acquiring an additional 1,315,407 shares during the period. Summit Global Investments bought a new stake in shares of Ultra Clean in the 4th quarter worth approximately $210,000. State of Tennessee Department of Treasury lifted its stake in Ultra Clean by 25.1% in the fourth quarter. State of Tennessee Department of Treasury now owns 23,557 shares of the semiconductor company’s stock valued at $597,000 after purchasing an additional 4,732 shares during the last quarter. XTX Topco Ltd bought a new position in Ultra Clean during the fourth quarter valued at $504,000. Finally, VARCOV Co. purchased a new stake in Ultra Clean in the fourth quarter worth $361,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Key Headlines Impacting Ultra Clean

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

• Positive Sentiment: Needham reiterated a Buy rating, arguing that while near-term weakness exists, strengthening long‑term wafer fab demand justifies a bullish view. Article Title
• Positive Sentiment: TD Cowen maintained a Buy and set a $70 price target, citing a 2026 recovery in leading‑edge semiconductors, margin expansion potential and reduced China exposure—supportive for longer‑term upside. Article Title
• Positive Sentiment: Company highlights a strategy targeting roughly a $4B revenue run‑rate as AI‑driven semiconductor and data‑center buildouts accelerate — a structural demand story that could materially lift revenue/visibility over several quarters. Article Title
• Neutral Sentiment: PR and earnings call materials released for Q4 and full‑year 2025 provide management commentary and slides for investors to assess the cadence into 2026; read the release and transcript for details. Article Title
• Neutral Sentiment: Full earnings call transcript is available for those parsing segment detail, capex cadence and customer timing — useful for modeling recovery timing. Article Title
• Negative Sentiment: Q4 EPS of $0.22 missed consensus by $0.01 and revenue was down ~10% YoY (reported $506.6M); some outlets and investors focused on the EPS miss and weaker margins, prompting a near‑term sell reaction. Article Title
• Negative Sentiment: Q1 2026 guidance of $0.18–$0.34 EPS and revenue $505M–$545M sits slightly below consensus midpoints (EPS consensus ~ $0.22; revenue ~$509.6M), reinforcing near‑term caution despite long‑term strategy. Article Title

About Ultra Clean

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.