Universal Technical Institute Inc. shares fell to a 52-week low of $21.26 on Friday, extending a decline that has seen the stock drop more than 40% over the past six months and nearly 19% over the past year.
The decline follows a fiscal third-quarter report that showed revenue rose 7.2% year-over-year to $218.9 million, narrowly missing the $219.89 million estimate. Diluted earnings per share for the quarter came in at $0.04.
The education provider, which specializes in automotive and technical training, also lowered its full-year 2026 outlook. Analysts at InvestingPro noted that the company’s high school channel has underperformed, contributing to the revised guidance. The stock’s recent slide has pushed it into oversold territory based on the Relative Strength Index, though InvestingPro’s Fair Value analysis suggests it may be slightly overvalued at current levels.
Analyst price targets for the stock range from $37 to $48, indicating potential upside from current levels.
