
Ultra Clean (UCTT) Stock Forecast & Price Target
Ultra Clean (UCTT) Analyst Ratings
Bulls say
Ultra Clean Holdings Inc. has demonstrated significant financial growth under current leadership, with its annual revenue run rate increasing from approximately $500 million to $2 billion, which notably exceeds the growth rate of the wafer fabrication equipment (WFE) sector. Expectations for 2025 indicate that Ultra Clean is poised to outperform the anticipated single-digit growth of the WFE market, driven by strong demand for deposition and etch equipment as well as a high-margin service segment that provides stability through varying market cycles. Furthermore, the company's strategic positioning to benefit from additional subsystem supplier qualifications by major industry players enhances its outlook, suggesting continued revenue growth in the high single digits for 2025.
Bears say
Ultra Clean Holdings Inc. is facing a negative outlook primarily due to a significant downward revision in projected earnings per share for 2026, decreasing from $3.62 to $2.82, reflecting deteriorating market conditions. The company's revenue from China has declined sharply, with reported figures of $44 million in 4Q24, down from $57 million in the previous quarter, attributed to delays in product qualification for major customers. Additionally, the expectation of a 70%+ quarter-over-quarter revenue drop in Chinese semicap business to approximately $10 million in 1Q25, amidst broader declines across the sector, further exacerbates the company's financial challenges.
This aggregate rating is based on analysts' research of Ultra Clean and is not a guaranteed prediction by Public.com or investment advice.
Ultra Clean (UCTT) Analyst Forecast & Price Prediction
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