TTM Technologies (NASDAQ:TTMI – Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.820-0.880 for the period, compared to the consensus earnings per share estimate of 0.720. The company issued revenue guidance of $930.0 million-$970.0 million, compared to the consensus revenue estimate of $820.5 million.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research report on Friday, April 24th. Truist Financial increased their target price on TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday. Needham & Company LLC increased their target price on TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, TTM Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $149.50.
Check Out Our Latest Research Report on TTMI
TTM Technologies Stock Performance
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.98% and a net margin of 6.29%.The company’s revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities analysts forecast that TTM Technologies will post 2.94 EPS for the current fiscal year.
Insider Activity
In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Weber sold 12,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 94,621 shares in the company, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 105,150 shares of company stock valued at $10,412,586 in the last ninety days. 1.30% of the stock is currently owned by company insiders.
More TTM Technologies News
Here are the key news stories impacting TTM Technologies this week:
- Positive Sentiment: Q1 beat & strong guidance — TTMI reported Q1 revenue of $846M and EPS $0.75 (vs. $0.66 est.), revenue +30% y/y; management raised Q2 EPS guidance to $0.82–$0.88 and revenue guidance to $930–$970M, signaling near?term organic strength. TTM Technologies, Inc. Reports First-Quarter 2026 Results
- Positive Sentiment: Analyst upgrades/price?target increases — Needham bumped its price target to $160 with a buy rating; Truist raised its target to $180, reflecting higher earnings/visibility. TTM Technologies (NASDAQ:TTMI) Price Target Raised to $160.00 at Needham & Company LLC Truist price-target coverage (summary)
- Positive Sentiment: Sector tailwinds — Coverage cites strong PCB/AI and data?center demand and defense backlog as drivers of the company’s record quarter and order momentum. TTM Technologies Surges Amid PCB Sector Growth & Nasdaq Futures Trends
- Neutral Sentiment: Earnings?call materials/transcript available — Full slide deck and call transcript give more detail on backlog, margins and segment dynamics for investors doing due diligence. Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Analyst/media writeups highlighting the rally — Several outlets analyze the causes of the recent surge and long?term growth drivers; useful for context but not new company data. Q1 Earnings Call Highlights (Yahoo Finance)
- Negative Sentiment: Valuation concerns — Some analysts/commentary warn that the stock’s rapid run and rich multiples leave little margin for execution misses; one piece argues valuation may be “priced for perfection.” Record Q1 Beat but Valuation Priced For Perfection (Seeking Alpha)
Hedge Funds Weigh In On TTM Technologies
A number of institutional investors have recently bought and sold shares of TTMI. Greenline Wealth Management LLC purchased a new stake in TTM Technologies in the 4th quarter worth $72,000. Advisors Asset Management Inc. grew its position in shares of TTM Technologies by 90.9% during the fourth quarter. Advisors Asset Management Inc. now owns 1,273 shares of the technology company’s stock valued at $88,000 after purchasing an additional 606 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of TTM Technologies during the fourth quarter valued at about $228,000. Advisory Services Network LLC purchased a new position in shares of TTM Technologies during the third quarter valued at about $69,000. Finally, Shelton Capital Management purchased a new position in shares of TTM Technologies during the third quarter valued at about $213,000. 95.79% of the stock is owned by institutional investors.
TTM Technologies Company Profile
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.
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