Truist Financial Forecasts Strong Price Appreciation for TTM Technologies (NASDAQ:TTMI) Stock

Posted by Stanley Muller on Aug 8th, 2026

TTM Technologies (NASDAQ:TTMI – Get Free Report) had its price target raised by investment analysts at Truist Financial from $215.00 to $224.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Truist Financial’s price objective indicates a potential upside of 63.25% from the stock’s previous close.

Several other brokerages have also recently issued reports on TTMI. Needham & Company LLC boosted their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Weiss Ratings downgraded TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.25.

Read Our Latest Analysis on TTM Technologies

TTM Technologies Stock Up 0.6%

TTMI opened at $137.21 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.61. The stock has a market capitalization of $14.25 billion, a price-to-earnings ratio of 61.81 and a beta of 2.14. The business has a 50-day moving average of $161.95 and a two-hundred day moving average of $133.79. TTM Technologies has a 12 month low of $39.20 and a 12 month high of $223.83.

TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.10. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $962.04 million. During the same period in the prior year, the firm posted $0.58 EPS. The company’s revenue was up 37.4% on a year-over-year basis. TTM Technologies has set its Q3 2026 guidance at 1.210-1.270 EPS. On average, research analysts expect that TTM Technologies will post 3.66 earnings per share for the current year.

Insider Activity at TTM Technologies

In other news, SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total value of $1,416,921.66. Following the completion of the transaction, the senior vice president directly owned 68,350 shares in the company, valued at approximately $14,339,146.50. This represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Douglas L. Soder sold 8,902 shares of TTM Technologies stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total transaction of $1,867,550.58. Following the sale, the executive vice president directly owned 208,245 shares in the company, valued at $43,687,718.55. This trade represents a 4.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 82,043 shares of company stock valued at $17,191,859 over the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of TTM Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in TTM Technologies in the second quarter valued at about $2,053,347,000. Polar Capital Holdings Plc bought a new position in shares of TTM Technologies in the 3rd quarter worth about $176,376,000. Invesco Ltd. boosted its holdings in shares of TTM Technologies by 127.7% in the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after buying an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC grew its position in shares of TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after buying an additional 2,260,035 shares during the last quarter. Finally, Castle Hook Partners LP bought a new stake in shares of TTM Technologies during the 4th quarter valued at about $133,351,000. Institutional investors own 95.79% of the company’s stock.

About TTM Technologies

(Get Free Report)

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.