TTM Technologies (NASDAQ:TTMI) Issues Q4 2026 Earnings Guidance

TTM Technologies (NASDAQ:TTMI) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.770-1.830 for the period, compared to the consensus estimate of 1.750. The company issued revenue guidance of $1.4 billion, compared to the consensus revenue estimate of $1.4 billion. TTM Technologies also updated its FY 2026 guidance to 4.970-5.030 EPS.

Analyst Ratings Changes

TTMI has been the subject of several analyst reports. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Stifel Nicolaus dropped their target price on TTM Technologies from $205.00 to $165.00 and set a “buy” rating on the stock in a report on Friday. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Wall Street Zen upgraded TTM Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Truist Financial decreased their price target on TTM Technologies from $231.00 to $170.00 and set a “buy” rating for the company in a report on Friday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, TTM Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $173.25.

TTM Technologies Stock Up 8.4%

TTMI opened at $80.11 on Friday. TTM Technologies has a fifty-two week low of $55.44 and a fifty-two week high of $223.83. The firm has a market capitalization of $8.44 billion, a P/E ratio of 31.92 and a beta of 2.14. The company’s 50-day moving average is $117.07 and its 200 day moving average is $141.70. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.67 and a quick ratio of 1.54.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Thursday, October 22nd. The technology company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.21. TTM Technologies had a net margin of 7.01% and a return on equity of 19.19%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the firm posted $0.50 EPS. The firm’s quarterly revenue was up 59.9% compared to the same quarter last year. Research analysts expect that TTM Technologies will post 4.22 earnings per share for the current fiscal year.

Insider Activity at TTM Technologies

In other TTM Technologies news, CEO Edwin Roks bought 10,000 shares of TTM Technologies stock in a transaction dated Tuesday, August 25th. The stock was bought at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the completion of the acquisition, the chief executive officer directly owned 64,814 shares in the company, valued at approximately $7,244,260.78. The trade was a 18.24% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Dale Knecht sold 26,198 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $142.00, for a total value of $3,720,116.00. Following the completion of the transaction, the senior vice president directly owned 40,138 shares of the company’s stock, valued at approximately $5,699,596. This represents a 39.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.30% of the stock is owned by company insiders.

Key Headlines Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: Record results exceeded expectations. Third-quarter revenue rose 59.9% year over year to $1.20 billion, while non-GAAP EPS of $1.46 topped the $1.25 consensus. Adjusted EBITDA reached a record $242.3 million, with the margin expanding to 20.1%. AI-driven data-center demand and aerospace and defense spending were key growth drivers. TTMI Q3 Earnings & Revenues Surpass Estimates, Both Surge Year over Year
• Positive Sentiment: Management raised its outlook. TTM now expects 2026 revenue of $4.47 billion to $4.49 billion and non-GAAP EPS of $4.97 to $5.03, above consensus. Fourth-quarter EPS guidance of $1.77 to $1.83 also exceeds estimates, while preliminary 2027 guidance calls for $6.5 billion to $6.75 billion in revenue and $8.10 to $8.90 in EPS. TTM Technologies Reports Third Quarter 2026 Results
• Neutral Sentiment: Growth visibility is improving, but execution remains important. Data Center and Networking accounted for 41% of sales, total book-to-bill was 2.13, and aerospace and defense backlog reached $2 billion. However, planned acquisitions—including the $650 million Ophir Optics deal—will require additional borrowing and are not included in current guidance. TTM Technologies Reports Record Sales and Raises Outlook
• Negative Sentiment: Debt and operational risks are weighing on the shares. Investors focused on higher financing costs and leverage following recent acquisitions, as well as reports of material wait times of up to 24 weeks and delays affecting data-center programs. Needham and Stifel lowered their price targets despite retaining favorable ratings. Why Is TTM Technologies Stock Gaining Friday?
• Negative Sentiment: Potential litigation adds uncertainty. Several law firms announced investigations into possible securities-law violations following the post-earnings selloff. These notices are allegations, not established findings, but they may increase headline and legal risk for investors. TTM Technologies Investigation Notice

TTM Technologies Company Profile

TTM Technologies, Inc is a manufacturer of technology solutions and printed circuit boards (PCBs), which are used to connect and support electronic components in a wide range of products. The company produces conventional rigid PCBs as well as high-density interconnect, flexible and rigid-flex circuit boards, and other advanced circuit technologies.

TTM also provides radio-frequency and microwave/microelectronic assembly capabilities, including components and assemblies used in communications, radar and other high-frequency applications.