Reading UCTT? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track UCTT free→Reading UCTT? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track UCTT free→NASDAQInformation TechnologySemiconductor Equipment & MaterialsSnapshot 2026-06-15
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral. Earnings quality cannot be assessed because the company was unprofitable over the past year. Management's recent track record has been fairly steady. Risk is elevated, and the sector backdrop is a tailwind. Compared with sector peers, UCTT is below typical. Peer multiples imply a price about 58% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 5 valuation methods, at three horizons. Current price $113.55. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $114 UCTT trades at 2× p/s, below its 7× p/s peer median. Our $72 fair value sits above the price; low confidence. Analysts: $70–$130. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 58% of near-term growth above a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Flags: expensive valuation, a turbulent sector regime (Heating).
For similar setups historically (n=2,301): about 43% saw a 20%+ drawdown, and roughly 77% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
Over the trailing year it converted -0.02x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
7 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.53 → $0.53 (-0.4% / 30d). 2 raised, 0 cut, 5 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 100% of analysts rate Buy.
1 PT revisions / 30d. Avg target 37.0% above current price.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 19.2% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$394.
How much price usually moves either way.
On a bad day, this stock has moved -$660.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,974.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Meeting or beating guidance shows strong demand. It also shows good operations.
Confirms:Q2 revenue reported at or above $605 million.
Disproves:Q2 revenue reported below $565 million.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for UCTT yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 28, 2026, Ultra Clean Holdings, Inc. (the “Company”) announced that Sheri Savage, the Company’s Chief Financial Officer, notified the Company of her intention to retire from the Company. Ms. Savage will continue to serve as Chief Financial Officer until a successor has been identified and appointed by the Company’s Board of Directors in or…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$70.00 – $130.00 (median $107.50) · 4 analysts · as of 2026-06-09
Looks more expensive than peers.
Richer than its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Semiconductor Materials & Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
UCTT Ultra Clean Holdings, Inc. | Below typical Show detailsSector percentile: 29 of 100 | expensive | elevated |
ASML ASML Holding N.V. | — | — | moderate |
LRCX Lam Research | Typical Show detailsSector percentile: 70 of 100 | full | elevated |
AMAT Applied Materials | Above typical Show detailsSector percentile: 84 of 100 | full | elevated |
KLAC KLA Corporation | Above typical Show detailsSector percentile: 98 of 100 | inexpensive | high |
Not investment advice. As of 2026-06-15.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on increasing revenue growth through strategic initiatives.
Enhance gross profit margins through operational efficiencies.
Improve cash flow from operations through better working capital management.
Why it matters: Better gross margins show improved cost control. This means the company is running more efficiently.
Confirms:Gross margin reported above 16.5% in Q2.
Disproves:Gross margin reported below 15.8% in Q2.
Why it matters: Stronger revenue growth shows the company is gaining traction in its market. This can attract investors.
Confirms:Revenue growth exceeds 5% year over year.
Disproves:Revenue growth is below 2% year over year.
Why it matters: Better cash flow shows stronger financial health. It also means the company operates more efficiently.
Confirms:Positive cash flow from operations reported in Q2.
Disproves:Negative cash flow from operations reported in Q2.
Why it matters: The CFO change is key for keeping finances stable. It helps keep investors confident.
Confirms one read:Announcement of a new CFO who has relevant industry experience and a strong track record.
Confirms the other:A delay in naming a new CFO is a concern. Appointing someone without experience is also a worry.
of this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference into the Company’s filings with the SEC under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Entry into a Material Definitive Agreement. On April 23, 2026, Ultra Clean Holdings, Inc. (the “Company“) and the other parties thereto entered into that certain Tenth Amendment (the “Amendment“) to its Credit Agreement originally dated as of August 27, 2018 (as amended by the Amendment, the “Credit Agreement“), among the Company, as parent borrower, Barclays Bank PLC, as administrative agent, and the revolving lenders and other parties thereto. Among other things, the Amendment provided for…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information provided under
Entry Into or Amendment of a Material Definitive Agreement. Indenture and Notes On March 3, 2026, Ultra Clean Holdings, Inc. (the “ Company ”) issued $600,000,000 principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”). The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of March 3, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”). Pursuant to the purchase agreement…