TTM Technologies (NASDAQ:TTMI) Raised to “Strong-Buy” at Wall Street Zen

26 Oct 2026, 01:13 by Amy Steele · The Cerbat Gem

TTM Technologies (NASDAQ:TTMI – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other equities analysts have also weighed in on the stock. Weiss Ratings lowered shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Needham & Company LLC cut their target price on shares of TTM Technologies from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Friday. Truist Financial reduced their price target on shares of TTM Technologies from $231.00 to $170.00 and set a “buy” rating on the stock in a report on Friday. Stifel Nicolaus decreased their price target on shares of TTM Technologies from $205.00 to $165.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $173.25.

Check Out Our Latest Research Report on TTM Technologies

TTM Technologies Stock Performance

Shares of TTMI opened at $80.11 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.67 and a quick ratio of 1.49. TTM Technologies has a 1 year low of $55.44 and a 1 year high of $223.83. The company has a 50 day simple moving average of $117.07 and a two-hundred day simple moving average of $142.02. The firm has a market cap of $8.44 billion, a P/E ratio of 31.92 and a beta of 2.14.

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

Insider Activity at TTM Technologies

In other news, SVP Dale Knecht sold 26,198 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $142.00, for a total transaction of $3,720,116.00. Following the sale, the senior vice president directly owned 40,138 shares of the company’s stock, valued at $5,699,596. This represents a 39.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Edwin Roks acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $111.77 per share, for a total transaction 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. This represents a 18.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its stake in TTM Technologies by 1.8% during the 2nd quarter. GAMMA Investing LLC now owns 4,340 shares of the technology company’s stock valued at $812,000 after purchasing an additional 75 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after buying an additional 87 shares during the last quarter. GoalVest Advisory LLC raised its holdings in shares of 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 last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of TTM Technologies by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock worth $320,000 after buying an additional 142 shares during the period. Finally, Elm3 Financial Group LLC lifted its stake in shares of TTM Technologies by 7.1% during the third quarter. Elm3 Financial Group LLC now owns 2,142 shares of the technology company’s stock worth $263,000 after buying an additional 142 shares during the period. 95.79% of the stock is owned by hedge funds and other institutional investors.

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

About TTM Technologies

(Get Free Report)

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.