TTM Technologies, Inc. (NASDAQ:TTMI) Receives $212.00 Consensus Target Price from Analysts

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $212.00.

TTMI has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Stifel Nicolaus raised their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC boosted their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, B. Riley Financial increased their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th.

TTM Technologies Price Performance

TTMI opened at $149.97 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The stock’s 50 day simple moving average is $178.02 and its 200 day simple moving average is $126.09. The firm has a market cap of $15.57 billion, a price-to-earnings ratio of 81.06 and a beta of 2.10. TTM Technologies has a 1 year low of $39.20 and a 1 year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts predict that TTM Technologies will post 3.7 earnings per share for the current year.

Insider Activity at TTM Technologies

In other TTM Technologies news, EVP Shawn A. Powers sold 9,856 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $2,067,788.80. Following the completion of the transaction, the executive vice president owned 119,268 shares of the company’s stock, valued at $25,022,426.40. This represents a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Catherine A. Gridley sold 8,966 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,881,066.80. Following the transaction, the executive vice president directly owned 69,679 shares in the company, valued at $14,618,654.20. This trade represents a 11.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,043 shares of company stock worth $17,191,859 over the last 90 days. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC bought a new stake in shares of TTM Technologies during the 2nd quarter valued at about $29,000. Kestra Advisory Services LLC bought a new position in TTM Technologies in the fourth quarter worth about $30,000. Truvestments Capital LLC bought a new position in TTM Technologies in the fourth quarter worth about $30,000. GoalVest Advisory LLC lifted its holdings in TTM Technologies by 456.7% in the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after buying an additional 137 shares during the period. Finally, Rakuten Securities Inc. purchased a new stake in TTM Technologies in the fourth quarter worth about $32,000. 95.79% of the stock is currently owned by institutional investors.

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.