Ultra Clean Holdings Amends and Extends Revolving Credit Facility
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from Ultra Clean Holdings ( (UCTT) ) is now available.
On April 23, 2026, Ultra Clean Holdings, Inc. entered into a tenth amendment to its existing credit agreement, refinancing $250 million in revolving credit commitments and extending the maturity of its revolving credit facility to April 23, 2031. The senior secured facility, led by Barclays Bank PLC as administrative agent, remains available in multiple currencies and continues to support issuance of up to $50 million in letters of credit.
The amended agreement allows Ultra Clean, subject to conditions, to request additional revolving commitments or incremental term loans while imposing leverage and interest coverage covenants, including a maximum consolidated secured net leverage ratio and a minimum cash interest coverage ratio. Additional negative covenants limit new debt, liens, asset sales, certain investments and acquisitions, hedging, affiliate transactions and other corporate actions, tightening financial discipline and potentially influencing the company’s capital allocation and strategic flexibility over the term of the facility.
The most recent analyst rating on (UCTT) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Ultra Clean Holdings stock, see the UCTT Stock Forecast page.
Spark’s Take on UCTT Stock
According to Spark, TipRanks’ AI Analyst, UCTT is a Neutral.
The score is held back primarily by weakened profitability/margins and uneven free-cash-flow quality, partially offset by improving leverage and positive operating cash flow. Technically the stock has strong upward momentum (above key moving averages with positive MACD), though overbought signals add risk. Guidance and commentary point to a back-half 2026 improvement, while the convertible financing is modestly supportive but introduces potential overhang.
To see Spark’s full report on UCTT stock, click here.
More about Ultra Clean Holdings
Ultra Clean Holdings, Inc. operates in the industrial and technology manufacturing sector, providing engineered critical subsystems, components and related services used in complex production environments. Its credit facilities are structured to support global operations, with access to U.S. dollar and other currency financing and the capacity to issue standby letters of credit for its subsidiaries and projects.
Average Trading Volume: 1,343,125
Technical Sentiment Signal: Buy
Current Market Cap: $3.56B
Find detailed analytics on UCTT stock on TipRanks’ Stock Analysis page.
