TTM Technologies (NASDAQ:TTMI) Issues Q4 2026 Earnings Guidance

Key Points

• TTM Technologies issued fourth-quarter 2026 EPS guidance of $1.77–$1.83, above the $1.75 analyst consensus, while revenue guidance of approximately $1.4 billion matched expectations. Full-year EPS guidance was updated to $4.97–$5.03.
• The company’s third-quarter results exceeded estimates, with EPS of $1.46 versus $1.25 expected and revenue of $1.20 billion, up nearly 60% year over year.
• Shares rose 5.2%, although analysts have mixed views: the stock carries a “Moderate Buy” consensus, while some firms lowered price targets amid concerns about lengthy lead times, acquisition-related debt and potential litigation investigations.

TTM Technologies (NASDAQ:TTMI - Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.770-1.830 for the period, compared to the consensus earnings per share 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 Trading Up 5.2%

Shares of TTM Technologies stock traded up $3.84 during trading hours on Friday, hitting $77.73. The company's stock had a trading volume of 1,623,071 shares, compared to its average volume of 2,669,763. The stock has a market cap of $8.19 billion, a price-to-earnings ratio of 35.09 and a beta of 2.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.54 and a current ratio of 1.78. TTM Technologies has a twelve month low of $55.44 and a twelve month high of $223.83. The firm has a fifty day moving average of $118.27 and a 200-day moving average of $142.13.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The technology company reported $1.46 earnings per share (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 return on equity of 15.67% and a net margin of 7.01%. The company's quarterly revenue was up 59.9% on a year-over-year basis. During the same period last year, the company earned $0.50 EPS. Research analysts forecast that TTM Technologies will post 4.22 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TTMI. Zacks Research cut shares of TTM Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Weiss Ratings cut shares of TTM Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 25th. Wall Street Zen cut shares of TTM Technologies from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 30th. Needham & Company LLC reduced their price target on shares of TTM Technologies from $175.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday. Finally, Truist Financial upped their price objective on shares of TTM Technologies from $224.00 to $231.00 and gave the stock a "buy" rating in a report on Tuesday, October 13th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $188.50.

Insider Activity at TTM Technologies

In other TTM Technologies news, SVP Dale Knecht sold 26,198 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $142.00, for a total value of $3,720,116.00. Following the sale, the senior vice president owned 40,138 shares of the company's stock, valued at $5,699,596. This trade represents a 39.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Edwin Roks purchased 10,000 shares of TTM Technologies stock in a transaction on Tuesday, August 25th. The stock was bought at an average cost of $111.77 per share, for a total transaction of $1,117,700.00. Following the transaction, the chief executive officer directly owned 64,814 shares in the company, valued at $7,244,260.78. This represents a 18.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.30% of the company's stock.

Key Stories Impacting TTM Technologies

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

About TTM Technologies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.