Universal Technical Institute Inc. (UTI) shares fell to a 52-week low of $21.26 on Friday, closing at $21.26 as the company’s stock extended declines from earlier sessions.
The Phoenix-based provider of automotive and technical training reported a 19.14% drop over the past year and a decline of more than 40% over the last six months. In after-hours trading, the stock edged up 0.05% to $21.63, following a 2.26% decline during regular trading hours.
UTI’s fiscal third-quarter revenue rose 7.2% year over year to $218.9 million, missing the consensus estimate of $219.89 million. Diluted earnings per share for the quarter were $0.04, reflecting a modest gain from the prior-year period.
The company lowered its full-year 2026 outlook, citing challenges in its high school channel as a contributing factor. Analysts tracking the stock have set price targets ranging from $37 to $48, indicating potential upside from current levels. Independent data from InvestingPro suggests the Relative Strength Index places UTI in oversold territory, while Fair Value analysis indicates the stock may be slightly overvalued at present prices.
UTI operates under a tuition-dependent model, with enrollment trends closely tied to broader economic conditions and student demand for technical education.
