TTM Technologies (NASDAQ:TTMI) Shares Up 12.5% After Strong Earnings

Posted by George Bondi on Aug 6th, 2026

TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) shares traded up 12.5% on Thursday following a stronger than expected earnings report. The company traded as high as $147.77 and last traded at $147.5930. 2,039,403 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 2,601,864 shares. The stock had previously closed at $131.25.

The technology company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.10. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $962.04 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same period last year, the firm earned $0.58 earnings per share.

Key TTM Technologies News

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

Positive Sentiment: Second-quarter results exceeded expectations. TTM reported adjusted earnings of $0.99 per share, above analyst estimates ranging from $0.89 to $0.92 and up from $0.58 a year earlier. Revenue reached approximately $1.0 billion, surpassing the $962 million consensus and increasing 37.4% year over year. TTM Technologies Earnings Results
Positive Sentiment: Third-quarter earnings guidance was materially above consensus. TTM forecast earnings of $1.21 to $1.27 per share, compared with the $1.09 analyst estimate. Revenue guidance of approximately $1.1 billion was generally in line with expectations, indicating that the key upside is coming from profitability and mix. TTMI Q2 Earnings and Revenues
Positive Sentiment: Demand trends support a stronger 2026 outlook. Management highlighted continued AI and defense demand, the ramp of its N+M printed-circuit-board program, and capacity investments intended to support future growth. These comments reinforce expectations for expanding advanced PCB and mission-systems opportunities. TTMI Q2 Earnings Call Highlights
Neutral Sentiment: TTM is investing in additional capacity to meet demand, which can increase near-term capital requirements even as it improves its ability to capture longer-term growth. TTM Technologies Second-Quarter Results

Analyst Ratings Changes

Several research analysts have weighed in on TTMI shares. Needham & Company LLC boosted their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial boosted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Stifel Nicolaus upped their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

Get Our Latest Analysis on TTMI

Insider Buying and Selling at TTM Technologies

In related news, EVP Daniel J. Weber sold 8,533 shares of TTM Technologies stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,790,223.40. Following the sale, the executive vice president directly owned 86,088 shares in the company, valued at $18,061,262.40. The trade was a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Douglas L. Soder sold 8,902 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total value of $1,867,550.58. Following the completion of the transaction, the executive vice president owned 208,245 shares of the company’s stock, valued at $43,687,718.55. The trade was a 4.10% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 82,043 shares of company stock worth $17,191,859. 1.30% of the stock is currently owned by company insiders.

Institutional Trading of TTM Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of TTMI. Harbor Investment Advisory LLC purchased a new position in TTM Technologies in the 2nd quarter worth approximately $29,000. GoalVest Advisory LLC grew its holdings in shares of TTM Technologies by 456.7% during the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock valued at $31,000 after buying an additional 137 shares in the last quarter. Parallel Advisors LLC increased its position in TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after purchasing an additional 87 shares during the last quarter. Carolina Wealth Advisors LLC raised its position in shares of TTM Technologies by 78.7% in the second quarter. Carolina Wealth Advisors LLC now owns 377 shares of the technology company’s stock valued at $71,000 after purchasing an additional 166 shares during the period. Finally, Signature Equity Partners LLC bought a new position in TTM Technologies during the first quarter worth $40,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Price Performance

The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The stock has a market cap of $15.36 billion, a P/E ratio of 80.16 and a beta of 2.14. The company’s fifty day simple moving average is $163.71 and its 200-day simple moving average is $133.52.

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.

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