TTM Technologies (NASDAQ:TTMI) Hits New 1-Year High – What’s Next?

TTM Technologies, Inc. (NASDAQ:TTMI) shares reached a new 52-week high on Friday . The stock traded as high as $191.73 and last traded at $184.8840, with a volume of 459186 shares traded. The stock had previously closed at $174.55.

Analysts Set New Price Targets

Several research firms have weighed in on TTMI. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Truist Financial increased their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a report on Wednesday. Finally, Stifel Nicolaus increased their target price on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.50.

TTM Technologies Trading Up 8.0%

The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average is $124.90 and its 200 day moving average is $97.42. The firm has a market capitalization of $19.58 billion, a price-to-earnings ratio of 102.03 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period last year, the business posted $0.50 earnings per share. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts predict that TTM Technologies, Inc. will post 3.17 earnings per share for the current year.

Insider Activity at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TTM Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in TTMI. Optiver Holding B.V. raised its holdings in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the period. Bessemer Group Inc. raised its holdings in shares of TTM Technologies by 448.8% during the third 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 acquired a new stake in shares of TTM Technologies during the fourth quarter worth $30,000. Truvestments Capital LLC acquired a new stake in shares of TTM Technologies during the fourth quarter worth $30,000. Finally, Rakuten Securities Inc. bought a new position in TTM Technologies in the fourth quarter valued at $32,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

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.