Ultra Clean Holdings, Inc. (UCTT)
NASDAQ: UCTT · IEX Real-Time Price · USD
40.50
-1.35 (-3.23%)
At close: Apr 18, 2024, 4:00 PM
41.30
+0.80 (1.98%)
After-hours: Apr 18, 2024, 5:08 PM EDT
Ultra Clean Holdings Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for UCTT stock have an average target of 51.25, with a low estimate of 40 and a high estimate of 60. The average target predicts an increase of 26.54% from the current stock price of 40.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 22, 2024.
Analyst Ratings
The average analyst rating for UCTT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $46 → $60 | Strong Buy | Maintains | $46 → $60 | +48.15% | Feb 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +11.11% | Oct 26, 2023 |
| Needham | Needham | Strong Buy Maintains $52 → $45 | Strong Buy | Maintains | $52 → $45 | +11.11% | Aug 25, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $34 → $40 | Buy | Maintains | $34 → $40 | -1.23% | Jul 28, 2023 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $60 | Hold → Strong Buy | Upgrades | $60 | +48.15% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
1.98B
from 1.73B
Increased by 14.38%
Revenue Next Year
2.32B
from 1.98B
Increased by 16.78%
EPS This Year
1.45
from -0.70
EPS Next Year
3.18
from 1.45
Increased by 118.94%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.1B | 2.6B |
| Avg | 2.0B | 2.3B |
| Low | 1.8B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 20.8% | 29.1% |
| Avg | 14.4% | 16.8% |
| Low | 5.4% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.64 | 4.04 |
| Avg | 1.45 | 3.18 |
| Low | 1.24 | 2.60 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 177.8% |
| Avg | - | 118.9% |
| Low | - | 78.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.