Ultra Clean Holdings jumps 6% on solid Q3 print, targets ~$4B capacity in Q1 (UCTT:NASDAQ)

Ultra Clean Holdings (UCTT) reported record Q3 revenue of $759M, up 49% YoY. CEO James Xiao expects 2027 wafer fab equipment spending to exceed $200B. The company guided Q4 revenue to $800M-$860M. Inventory has doubled this year, posing a risk. The stock trades at ~10x forward earnings, below its 5-year average.

Ultra Clean Holdings (UCTT) stock surged 12% in pre-market trading after reporting record Q3 2026 results, with EPS of $1.15 and revenue of $759M, both exceeding estimates. The company also issued an upbeat Q4 2026 outlook, with revenue guidance of $800M-$860M and EPS of $1.11-$1.35. The CEO cited expectations of increased wafer fabrication equipment spending in 2027. Needham maintained a Buy rating but trimmed its price target.

Ultra Clean Holdings (UCTT) reported Q3 2026 revenue of $759M but faced negative operating cash flow of $42.3M due to inventory increases. The company highlighted supply chain constraints, high customer concentration, and potential margin pressures from capacity expansions. UCTT sold shares under its ATM program, averaging $80.13 in Q3. Management discussed long-term customer agreements, supply chain challenges, and capacity investments during the earnings call.

Ultra Clean Holdings (UCTT) reported Q3 2026 earnings with revenue of $759M, up 17.7% sequentially and 48.8% YoY. The company expects 2027 wafer fab equipment spending to exceed $200B. UCTT is expanding clean room and manufacturing capacity in Malaysia, Singapore, the Czech Republic, and the Philippines. The company's NPX initiative secured 8 new program wins, and digital transformation is improving operational efficiency.

Ultra Clean Holdings (UCTT) reported Q3 2026 revenue of $759M, up 48.8% YoY, driven by semiconductor demand. Non-GAAP EPS was $1.15, up $0.45 QoQ. Q4 guidance: $800M-$860M revenue, $1.11-$1.35 EPS. The company expanded capacity and expects 2027 wafer fab equipment spending to exceed $200B.

Ultra Clean (UCTT) reported Q3 earnings, highlighting capacity expansions in Malaysia, Philippines, Singapore, and Czech Republic. Inventory rose to $723.3M, contributing to negative operating cash flow of $42.3M. Gross margins improved, with products at 15.9% and services at 30.1%. The company expects $4B in capacity by Q1 2024 and forecasts Q4 revenue of $800M-$860M and EPS of $1.11-$1.35. Ultra Clean also announced new program wins and plans to invest $80M-$100M through 2028.