TTM Technologies (NASDAQ:TTMI) Given New $180.00 Price Target at Truist Financial

TTM Technologies (NASDAQ:TTMI) had its price objective upped by Truist Financial from $115.00 to $180.00 in a research note published on Thursday morning, MarketBeat.com reports. They currently have a buy rating on the technology company’s stock.

TTMI has been the topic of a number of other research reports. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Stifel Nicolaus increased their price target on TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a report on Monday, April 20th. Needham & Company LLC raised their price objective on TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Finally, Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.50.

TTM Technologies Stock Up 15.1%

TTMI opened at $158.22 on Thursday. The firm has a 50 day moving average price of $109.11 and a 200 day moving average price of $87.38. The company has a market cap of $16.43 billion, a PE ratio of 85.52 and a beta of 1.76. TTM Technologies has a 1 year low of $22.58 and a 1 year high of $180.00. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.98%. The firm had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same quarter last year, the firm posted $0.50 earnings per share. TTM Technologies’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Sell-side analysts expect that TTM Technologies will post 2.94 earnings per share for the current year.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the sale, the executive vice president directly owned 94,621 shares in the company, valued at approximately $8,883,019.48. The trade was a 11.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 105,150 shares of company stock valued at $10,412,586. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in TTM Technologies by 66.6% during the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock worth $543,000 after purchasing an additional 10,565 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of TTM Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after buying an additional 2,632 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after buying an additional 115,766 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after buying an additional 13,691 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of TTM Technologies by 1,150.2% in the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock worth $2,869,000 after buying an additional 128,700 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Trending Headlines about TTM Technologies

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

• Positive Sentiment: Q1 beat and record results — TTMI reported $0.75 EPS vs. $0.66 consensus and revenue of $846M vs. $790M expected; revenue was up ~30% YoY and management cited strong AI/data-center sales and expanding margins. TTM Technologies, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: Raised guidance — management updated Q2 EPS guidance to $0.82–$0.88 and revenue guidance well above street expectations ($930M–$970M vs. consensus ~$820M), signaling continued momentum. Q1 Presentation / Guidance
• Positive Sentiment: Demand drivers: independent coverage highlights sharp gains in data-center and AI-linked work, plus a growing defense backlog that supports multi-quarter visibility. These narratives are key to the rally. TTMI Q1 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Analyst upgrades/target raises — Truist boosted its price target to $180 and Needham raised its target to $160, both with Buy ratings, amplifying investor interest. Analyst Price Target Raises
• Positive Sentiment: Independent write-ups spotlight long-term opportunity — coverage noting a large defense backlog and multi-year growth thesis has drawn new investor attention. This Unknown Stock is Up 600%
• Neutral Sentiment: Primary materials — earnings-call transcript and slide deck were posted for investors who want detail on segment trends, backlog composition and margin drivers. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Valuation caution — some analysts/commentary warn the stock’s run has priced in near-perfect execution and growth (i.e., “priced for perfection”), implying more risk if growth or margins slip. Record Q1 Beat Fueled By AI And Defense, But Valuation Priced For Perfection
• Negative Sentiment: “Too late?” commentary — several pieces question whether the rapid, multi-quarter rally leaves less upside and raises short-term downside risk for late buyers. Is It Too Late To Consider TTM Technologies?

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.