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

TTM Technologies, Inc. (NASDAQ:TTMI) has received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $117.25.

A number of equities research analysts have issued reports on TTMI shares. B. Riley Financial upped their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research report on Thursday, February 5th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Needham & Company LLC lifted their price target on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th.

TTM Technologies Stock Up 8.4%

TTMI opened at $113.00 on Friday. The firm has a market cap of $11.68 billion, a P/E ratio of 66.86 and a beta of 1.74. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. The business has a 50 day moving average price of $90.57 and a 200 day moving average price of $69.96. TTM Technologies has a twelve month low of $15.77 and a twelve month high of $113.46.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The company’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts forecast that TTM Technologies will post 1.76 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 12,750 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $94.92, for a total value of $1,210,230.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the transaction, the executive vice president directly owned 78,645 shares of the company’s stock, valued at $8,331,651.30. This represents a 20.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,350 shares of company stock valued at $8,193,306 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Institutional Trading of TTM Technologies

Several institutional investors have recently modified their holdings of the company. Optiver Holding B.V. lifted its position in 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 purchasing an additional 170 shares during the period. Bessemer Group Inc. lifted its holdings in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after acquiring an additional 377 shares during the period. Kestra Advisory Services LLC bought a new position in shares of TTM Technologies during the 4th quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in shares of TTM Technologies during the 4th quarter valued at about $30,000. Finally, Rakuten Securities Inc. bought a new stake in TTM Technologies in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

About TTM Technologies

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.