TTM Technologies (NASDAQ:TTMI) Price Target Raised to $105.00

TTM Technologies (NASDAQ:TTMI) had its price objective lifted by Needham & Company LLC from $79.00 to $105.00 in a research report report published on Tuesday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also issued reports on TTMI. B. Riley increased their price objective on shares of TTM Technologies from $75.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Truist Financial upped their price target on shares of TTM Technologies from $78.00 to $91.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Wall Street Zen lowered TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TTM Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

TTM Technologies Price Performance

TTMI stock opened at $100.90 on Tuesday. The company has a market cap of $10.43 billion, a PE ratio of 80.08 and a beta of 1.74. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average price of $71.06 and a two-hundred day moving average price of $57.50. TTM Technologies has a 12-month low of $15.77 and a 12-month high of $106.68.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. TTM Technologies had a return on equity of 13.21% and a net margin of 4.74%.The business had revenue of $752.74 million for the quarter, compared to analyst estimates of $711.91 million. During the same period in the previous year, the company posted $0.41 EPS. The company’s revenue was up 22.1% compared to the same quarter last year. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, research analysts predict that TTM Technologies will post 1.76 EPS for the current year.

Insider Transactions at TTM Technologies

In other news, insider Robert P. Farrell sold 3,476 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $68.93, for a total transaction of $239,600.68. Following the completion of the transaction, the insider directly owned 20,346 shares in the company, valued at approximately $1,402,449.78. This represents a 14.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the sale, the insider directly owned 41,442 shares of the company’s stock, valued at $2,789,046.60. The trade was a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,870 shares of company stock valued at $2,520,245 in the last three months. 1.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TTMI. Optiver Holding B.V. increased its position in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the last quarter. Bessemer Group Inc. increased its holdings in TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares during the last quarter. Wolff Wiese Magana LLC acquired a new stake in TTM Technologies during the fourth quarter valued at approximately $34,000. Salomon & Ludwin LLC bought a new position in TTM Technologies during the 3rd quarter worth approximately $39,000. Finally, Concord Wealth Partners acquired a new position in shares of TTM Technologies in the 2nd quarter worth approximately $47,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Key TTM Technologies News

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

• Positive Sentiment: Management presented an upbeat technology outlook at the Needham conference, highlighting long-term revenue and earnings drivers that reinforce the company’s growth story for investors. TTM Technologies Highlights Technology Outlook at Needham Conference
• Positive Sentiment: Multiple outlets report a sizable analyst price-target increase (reported ~33%), which and was tied to bullish investor reaction and record-high trading — analyst upgrades are driving buying interest. TTM Technologies (TTMI) Soars to All-Time High on 33% PT Upgrade
• Positive Sentiment: Needham & Company and other outlets flagged strong upside potential for TTMI shares, reinforcing momentum among growth-oriented investors. Institutional/analyst optimism is a direct catalyst for higher valuations. Needham & Company LLC Forecasts Strong Price Appreciation for TTM Technologies (NASDAQ:TTMI) Stock
• Neutral Sentiment: Coverage pieces explain the immediate trading action and breakout, useful context for intraday traders but not new fundamental data. Why TTM Technologies (TTMI) stock is up today
• Neutral Sentiment: Analysts and markets noted a near-20% jump on heavy volume; Zacks cautioned that recent earnings-estimate revisions don’t yet support continued acceleration, signaling possible moderation after the rally. TTM (TTMI) Moves 19.7% Higher: Will This Strength Last?
• Neutral Sentiment: Analyses examining whether TTMI remains attractive after a ~270–300% multi‑month surge provide valuation context; they raise questions but don’t change the near‑term momentum backdrop. Is TTM Technologies (TTMI) Still Attractive After A 270% One Year Share Price Surge
• Negative Sentiment: Some commentators (Seeking Alpha) are cautious or downgrading after the big run, arguing the rapid rally leaves less margin for error and recommending reduced exposure. That caution can cap further near‑term gains if more investors follow. TTM Technologies: After A 300% Run, I’m Stepping Back (Downgrade)
• Negative Sentiment: Other analysts note that while tailwinds exist, valuation and stretched expectations make new money risky — several retail/institutional watchers say they’ll pass, which may slow fresh buying. TTM Technologies: The Tailwinds Will Continue To Push Share Price, But I’ll Pass

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.