UCTT Stock - Ultra Clean Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.10B | $1.73B | $2.37B | $2.10B | $1.40B |
| Gross Profit | $356.30M | $277.30M | $465.00M | $429.98M | $291.76M |
| Gross Margin | 17.0% | 16.0% | 19.6% | 20.5% | 20.9% |
| Operating Income | $91.20M | $35.20M | $120.40M | $185.67M | $121.37M |
| Net Income | $23.70M | $-31,100,000 | $40.40M | $119.50M | $77.60M |
| Net Margin | 1.1% | -1.8% | 1.7% | 5.7% | 5.5% |
| EPS | $0.53 | $-0.70 | $0.89 | $2.75 | $1.93 |
Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 29th 2025 | TD Cowen | Reiterated | Buy | $35← $30 |
| April 29th 2025 | TD Cowen | Reiterated | Buy | $32← $48 |
| October 29th 2024 | Needham | Reiterated | Buy | $44← $50 |
| September 25th 2024 | Oppenheimer | Initiation | Outperform | $70 |
| July 26th 2024 | TD Cowen | Reiterated | Buy | $60← $55 |
| May 7th 2024 | TD Cowen | Reiterated | Buy | $55← $47 |
| February 22nd 2024 | TD Cowen | Reiterated | Outperform | $47← $32 |
| August 25th 2023 | Needham | Reiterated | Buy | $45← $52 |
| July 28th 2023 | Craig Hallum | Upgrade | Buy | $60 |
| January 10th 2023 | Craig Hallum | Downgrade | Hold | $32 |
Earnings History & Surprises
UCTTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 23, 2026 | $0.23 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.24 | $0.28 | +16.7% | ✓ BEAT |
Q3 2025 | Jul 28, 2025 | $0.27 | $0.27 | 0.0% | = MET |
Q2 2025 | Apr 28, 2025 | $0.31 | $0.28 | -9.7% | ✗ MISS |
Q1 2025 | Feb 24, 2025 | $0.44 | $0.51 | +15.9% | ✓ BEAT |
Q4 2024 | Oct 28, 2024 | $0.36 | $0.35 | -2.8% | ✗ MISS |
Q3 2024 | Jul 25, 2024 | $0.26 | $0.32 | +23.1% | ✓ BEAT |
Q2 2024 | May 6, 2024 | $0.13 | $0.27 | +107.7% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $0.12 | $0.19 | +58.3% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.10 | $0.04 | -60.0% | ✗ MISS |
Q3 2023 | Jul 27, 2023 | $0.25 | $0.16 | -36.0% | ✗ MISS |
Q2 2023 | Apr 26, 2023 | $0.23 | $0.17 | -26.1% | ✗ MISS |
Q1 2023 | Feb 22, 2023 | $0.77 | $0.93 | +20.8% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $1.06 | $1.06 | 0.0% | = MET |
Q3 2022 | Jul 28, 2022 | $1.03 | $1.04 | +1.0% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $1.01 | $0.95 | -5.9% | ✗ MISS |
Q1 2022 | Feb 23, 2022 | $1.20 | $1.22 | +1.7% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.00 | $1.07 | +7.0% | ✓ BEAT |
Q3 2021 | Aug 2, 2021 | $0.95 | $0.99 | +4.2% | ✓ BEAT |
Latest News
Shares of semiconductor stocks are trading higher after the Fed cut rates by 25 basis points.
📈 PositiveNeedham Maintains Buy on Ultra Clean Hldgs, Raises Price Target to $35
📈 PositiveNeedham Maintains Buy on Ultra Clean Hldgs, Raises Price Target to $35
📈 PositiveUltra Clean Hldgs Sees Q4 Adj EPS $0.11-$0.31 vs $0.27 Est; Sees Sales $480.000M-$530.000M vs $508.561M Est
➖ NeutralUltra Clean Hldgs Q3 Adj. EPS $0.28 Beats $0.25 Estimate, Sales $510.000M Beat $505.226M Estimate
📈 PositiveFrequently Asked Questions about UCTT
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