TTM Technologies (NASDAQ:TTMI – Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.770-1.830 for the period, compared to the consensus EPS estimate of 1.750. The company issued revenue guidance of $1.4 billion, compared to the consensus revenue estimate of $1.4 billion. TTM Technologies also updated its FY 2026 guidance to 4.970-5.030 EPS.
TTM Technologies Stock Up 5.2%
Shares of TTMI traded up $3.84 during midday trading on Friday, reaching $77.73. The stock had a trading volume of 1,623,071 shares, compared to its average volume of 2,669,763. The company has a market cap of $8.19 billion, a price-to-earnings ratio of 35.09 and a beta of 2.14. The company’s fifty day simple moving average is $118.27 and its two-hundred day simple moving average is $142.13. TTM Technologies has a 1-year low of $55.44 and a 1-year high of $223.83. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.54.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its earnings results on Thursday, October 22nd. The technology company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.21. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The company’s revenue was up 59.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Equities research analysts expect that TTM Technologies will post 4.22 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Needham & Company LLC decreased their price target on TTM Technologies from $175.00 to $150.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings downgraded TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Stifel Nicolaus cut their target price on TTM Technologies from $205.00 to $165.00 and set a “buy” rating on the stock in a research report on Friday. Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $188.50.
Read Our Latest Research Report on TTMI
Insider Activity
In other news, CEO Edwin Roks bought 10,000 shares of TTM Technologies stock in a transaction dated Tuesday, August 25th. The stock was acquired at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the acquisition, the chief executive officer owned 64,814 shares of the company’s stock, valued at approximately $7,244,260.78. This trade represents a 18.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Dale Knecht sold 26,198 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $142.00, for a total value of $3,720,116.00. Following the completion of the sale, the senior vice president directly owned 40,138 shares of the company’s stock, valued at approximately $5,699,596. This trade represents a 39.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.30% of the stock is currently owned by insiders.
TTM Technologies News Roundup
Here are the key news stories impacting TTM Technologies this week:
- Positive Sentiment: TTM reported record third-quarter net sales of $1.20 billion, up nearly 60% year over year. Non-GAAP EPS was $1.46, above the $1.25 consensus estimate, while adjusted EBITDA rose to $242.3 million and margins expanded to 20.1%. TTM Technologies Reports Third Quarter 2026 Results
- Positive Sentiment: Management raised its outlook, forecasting fourth-quarter revenue of $1.42 billion to $1.44 billion and initiating a preliminary 2027 revenue forecast of $6.5 billion to $6.75 billion. Data Center and Networking revenue benefited from AI demand, while Aerospace and Defense backlog reached $2 billion. TTM Technologies: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Needham maintained a “buy” rating, and its revised $150 price target still implies substantial potential upside from the referenced price level. Needham analyst rating
- Neutral Sentiment: Analysts lowered their targets following the earnings release: Needham cut its target from $175 to $150, while Stifel reduced its target to $165. The continued buy-oriented ratings indicate longer-term confidence, but the target reductions reflect heightened near-term risks. Stifel price target update
- Negative Sentiment: Investors reacted negatively to management commentary about material lead times of up to 24 weeks and potential delays in data-center programs, raising concerns that strong demand may not translate into near-term shipments.
- Negative Sentiment: Recent acquisitions, including the planned $650 million Ophir Optics purchase, are increasing borrowing and financing costs. Net leverage was 2.8 times pro forma adjusted EBITDA after the Epiq acquisition, intensifying concerns about debt-service obligations and integration risk. TTM Technologies shares fall amid expanding debt load
- Negative Sentiment: Several law firms announced investigations into possible securities-law violations or securities fraud after the post-earnings selloff. These notices do not establish wrongdoing, but they add headline and litigation uncertainty. Ademi TTMI shareholder alert
TTM Technologies Company Profile
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.
TTM also provides radio-frequency and microwave/microelectronic assembly capabilities, including components and assemblies used in communications, radar and other high-frequency applications.
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