UTI Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Universal Technical Institute (UTI)
On May 6, 2026, Universal Technical Institute reaffirmed its fiscal 2026 outlook. Weeks later, the Company cut baseline adjusted EBITDA guidance by roughly $20 million and the stock fell approximately $34.2%.
Universal Technical Institute (NYSE: UTI) shareholders absorbed a sharp selloff after the Company lowered its fiscal 2026 baseline adjusted EBITDA outlook to above $135 million, down from more than $155 million -- a reduction of roughly $20 million from the figure management had reaffirmed months earlier. Investors who lost money on UTI are encouraged to submit their loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
The timeline: On the May 6, 2026 earnings call, Chief Financial Officer Bruce Schuman told investors, "we are pleased to reaffirm our fiscal 2026 outlook." On the same call, Chief Executive Officer Jerome Grant stated, "we feel real confident that the starts aren't going to fall anywhere near below and could be in the top part of the range."
With the fiscal Q3 FY2026 results, the outlook was reset. Management attributed approximately 70% of the EBITDA reduction to weaker-than-expected fourth-quarter starts in the high-school auto and diesel channel, with the remainder tied to a faster mix shift toward shorter-duration, lower-margin programs. Quarterly revenue rose 7.2% year over year to $218.9 million.
