Analysts Set TTM Technologies, Inc. (NASDAQ:TTMI) Price Target at $117.25

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $117.25.

A number of brokerages have commented on TTMI. Needham & Company LLC boosted their target price on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. B. Riley Financial boosted their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Truist Financial set a $113.00 target price on shares of TTM Technologies in a research note on Wednesday, January 14th.

Insider Activity

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $101.62, for a total value of $1,707,216.00. Following the completion of the sale, the director owned 855,171 shares of the company’s stock, valued at $86,902,477.02. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Weber sold 12,000 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the transaction, the executive vice president owned 94,621 shares in the company, valued at approximately $8,883,019.48. This trade represents a 11.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 105,150 shares of company stock worth $9,900,522. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

A number of large investors have recently modified their holdings of the business. Lido Advisors LLC raised its position in shares of TTM Technologies by 1.5% in the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock valued at $553,000 after purchasing an additional 116 shares during the last quarter. Tocqueville Asset Management L.P. grew its position in TTM Technologies by 0.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock worth $1,301,000 after purchasing an additional 158 shares during the last quarter. Larson Financial Group LLC increased its stake in TTM Technologies by 4.4% during the 3rd quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after purchasing an additional 167 shares in the last quarter. Optiver Holding B.V. raised its holdings in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the last quarter. Finally, Choreo LLC raised its holdings in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock worth $818,000 after buying an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $95.47 on Wednesday. The firm has a 50 day moving average of $98.45 and a 200 day moving average of $76.64. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $9.91 billion, a price-to-earnings ratio of 56.49 and a beta of 1.74. TTM Technologies has a 52 week low of $15.77 and a 52 week high of $113.46.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. The business had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, sell-side analysts predict that TTM Technologies will post 1.76 earnings per share for the current fiscal year.

TTM Technologies Company Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.