14 Best Semiconductor Equipment Stocks to Invest In Now

Page 4 of 13

10. Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) is one of the best semiconductor equipment stocks to invest in now. Ultra Clean Holdings, Inc. (NASDAQ:UCTT) received several rating updates following the release of its fiscal Q4 and full-year 2025 results on February 23. Needham lifted the price target on the stock to $70 from $50 on February 24, maintaining a Buy rating on the shares following the company’s fiscal Q4 earnings beat. The firm stated that it sees an improvement in customer forecasts on a weekly basis, and anticipates WFE growth at 15%-20% with a step function rise in Q3. Needham added that the post-earnings dip is likely short-lived, given the bullish commentary for the outer quarters.

In addition to Needham, TD Cowen also lifted the price target on Ultra Clean Holdings, Inc. (NASDAQ:UCTT) to $70 from $35 on February 24, maintaining a Buy rating on the shares and stating that the industry’s view of leading edge F/L and DRAM (HBM) has become incrementally more positive over the past quarter, with dep/etch/CMP leveraged companies benefitting in CY26, viewed as a positive for the company’s shares.

The same day, Oppenheimer raised the price target on Ultra Clean Holdings, Inc. (NASDAQ:UCTT) and reiterated an Outperform rating on the shares. According to the firm, the company issued strong Q1 guidance and a robust 2026 outlook, implying 15%-20% revenue growth.

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry. The company’s operations are divided into the Products and Services segments.

Page 4 of 13