Ultra Clean Holdings (UCTT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.15
- Estimate
- $0.94
- Surprise
- +22.6%
- Revenue (period 2026-09-30)
- $759.0M
- Score today
- 6.2/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Ultra Clean Holdings (UCTT) beat the $0.94 estimate with adjusted EPS of $1.15 — a large 22.6% upside surprise.
Coverage in the report window
- Needham Cuts Ultra Clean Holdings Price Target to $80 — fiscal.ai, 2026-10-28
- TD Cowen Maintains Buy on Ultra Clean Hldgs, Lowers Price Target to $100 — benzinga, 2026-10-28
- Vertiv, Evercore, Brinker, GE HealthCare And Other Big Stocks Moving Higher On Wednesday — benzinga, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates UCTT Sell at 6.2/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +22.6% surprise compares with a +17.6% four-quarter average. Next scheduled report: 2027-02-23.
What argues against it
- Semi cycle peak: fwd P/E 8.5× (below 10) + fwd/trail 0.09× (below 0.30). EPS just expanded off a trough — likely peak cyclical earnings.
- Concentration risk — Customer: Applied Materials and Lam Research (58.7%)
- Concentration risk — Geographic: international revenues (75.9%)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $50.91
- Price target
- $101.07
- Stop
- $47.35
- Upside to target
- +98.5%
- Reward-to-risk
- 6.6:1
The stock trades at 94.3× trailing but 8.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
UCTT at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $2.45B
- P/E (fwd)
- 8.5
- P/E (ttm)
- 94.3
- 52-week range
- $21.49–$144.22
- Off 52-week high
- 64.7%
- RSI (14)
- 34
- Volume vs avg
- 0.21×
- Score today
- 6.2/10