Why Is TTM (TTMI) Down 15.4% Since Last Earnings Report?
TTM (TTMI) reported earnings 30 days ago. What's next for the stock?
TTM (TTMI) reported earnings 30 days ago. What's next for the stock?
TTM Technologies' planned Swiss and German acquisitions add advanced capabilities and a European foothold that could support long-term revenue growth.
TTM Technologies makes products, mainly printed circuit boards (PCBs) and radio frequency gizmos, that seem as mundane as anything out there.
The average of price targets set by Wall Street analysts indicates a potential upside of 77.8% in TTM (TTMI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
TTM Technologies' stronger AI-driven growth and earnings outlook make it more attractive than Amkor Technology despite its premium valuation.
Balance Capital Partners L.P. bought a new position in shares of TTM Technologies, Inc. (NASDAQ: TTMI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,000 shares of the technology company's stock, valued at approximately $2,431,260,000. TTM Technologies comprises about 1.7% of Balance Capital
TTM Technologies' AI data-center surge is lifting Commercial sales, margins and backlog as N+M PCB revenues ramp in the second half of 2026.
Roks expanded his direct stake by 18% through open-market purchases at $111.77 per share, bringing his total position to 64,814 shares valued at $7.28 million.
The transaction involved 5,890 shares with an estimated value of ~$660,500 as of the August 25, 2026 transaction date. The traded shares were equal to 8% of the equity stake held before the filing.
TTM Technologies is transitioning from a cyclical, commoditized PCB supplier to a backlog-backed, contracted capacity provider with multi-year commitments in defense and data centers. TTMI's record $1.7B defense backlog, 37% YoY revenue growth, and 16.6% EBITDA margin highlight a durable, high-visibility profit mix and structural moat. A $1.2B data center expansion and $1.1B Epiq Solutions acquisition are underpinned by committed customer offtake, supporting a buy rating with 15–20% upside to $131.71.
Bank of New York Mellon Corp acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ: TTMI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 612,074 shares of the technology company's stock, valued at approximately $114,470,000. Bank
BlackRock Inc. purchased a new stake in TTM Technologies, Inc. (NASDAQ: TTMI) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,979,290 shares of the technology company's stock, valued at approximately $2,053,347,000. BlackRock Inc. owned about 10.57% of TTM Technologies
TTM Technologies' $7B-plus A&D pipeline, $1.7B backlog and 1.3 book-to-bill strengthen visibility into future defense revenue growth.
I'm reiterating TTM Technologies (TTMI) as a Strong Buy, with the price target raised to $281, reflecting 124% upside from $125. Q2 2026 results materially beat guidance: revenue grew 37% y/y to $1.004B, non-GAAP EPS rose 71% to $0.99, and EBITDA margin expanded to 16.6%. Data Center & Networking segment drives acceleration, expected to reach 49% of Q3 2026 sales, with N+M PCB and Ultra-HDI ramps boosting capacity and earnings trajectory.
TTM Technologies surges 237% in a year, while AI data centers, defense growth, European expansion and a lower P/S point to further upside.
TTM Technologies, Inc. (TTMI) M&A Call Transcript
TTM Technologies NASDAQ: TTMI said it has agreed to acquire Epiq Solutions in an all-cash transaction valued at $1.1 billion, expanding its radio-frequency and digital signal processing capabilities for aerospace, defense and communications applications.
NEW YORK & CHICAGO--(BUSINESS WIRE)--Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas, through its Vantage strategy, has entered into a definitive agreement to sell EPIQ Design Solutions LLC and its subsidiaries (“Epiq” or “the Company”) to TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology products, for a purchase price of $1.1 billion. The transaction is subjec.
SANTA ANA, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including printed circuit boards (“PCB”s) and substrates, today announced that it has entered into a definitive agreement to acquire EPIQ Design Solutions LLC (“Epiq”), a premier provider of open-architecture, AI-enabled software-defined radios (“SDRs”), high-performance RF products and radiation-tolerant space compute solutions supporting mission-critical signals intelligence and electronic warfare applications, for approximately $1.1 billion in an all-cash transaction, subject to customary closing adjustments.
TTM Technologies is experiencing rapid growth, driven by surging demand in AI infrastructure and data center markets, now 40% of total sales. I expect continued revenue momentum, with Q3'26 guidance of $1.1–$1.14 billion, implying 46–51% YoY growth and a sharp rise in Data Center and Networking sales. New high-margin N+M PCB architecture and ramping Penang facility should further enhance profitability and operational leverage in coming quarters.