Q2 Earnings Forecast for TTM Technologies Issued By B. Riley

Key Points

• B. Riley increased its Q2 2026 earnings estimate for TTM Technologies from $0.55 to $0.56 per share, maintaining a "Buy" rating for the stock.
• TTM Technologies reported strong earnings in its most recent quarter, with $0.58 EPS, exceeding expectations of $0.52, alongside revenue growth of 20.7% year-over-year.
• The stock has seen a 5.2% decline and currently holds a market capitalization of $5.54 billion, with analysts giving it an average target price of $54.50, reflecting a consensus rating of "Moderate Buy."

TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) - B. Riley increased their Q2 2026 earnings estimates for shares of TTM Technologies in a report released on Friday, October 10th. B. Riley analyst M. Crawford now anticipates that the technology company will post earnings of $0.56 per share for the quarter, up from their previous estimate of $0.55. B. Riley has a "Buy" rating on the stock. The consensus estimate for TTM Technologies' current full-year earnings is $1.76 per share. B. Riley also issued estimates for TTM Technologies' Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.25 EPS.

TTMI has been the subject of a number of other reports. Needham & Company LLC upped their price objective on TTM Technologies from $56.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, September 23rd. Stifel Nicolaus upped their price objective on TTM Technologies from $40.00 to $55.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Zacks Research downgraded TTM Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. Truist Financial upped their price objective on TTM Technologies from $41.00 to $48.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Finally, Weiss Ratings downgraded TTM Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $54.50.

TTM Technologies Stock Down 5.2%

TTMI stock opened at $53.58 on Monday. The stock has a market capitalization of $5.54 billion, a P/E ratio of 59.53 and a beta of 1.63. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03. TTM Technologies has a one year low of $15.77 and a one year high of $62.60. The company has a 50 day moving average price of $49.03 and a two-hundred day moving average price of $37.81.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The firm had revenue of $730.62 million during the quarter, compared to analysts' expectations of $668.42 million. TTM Technologies had a net margin of 3.52% and a return on equity of 11.80%. TTM Technologies's revenue for the quarter was up 20.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 EPS. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS.

Institutional Trading of TTM Technologies

A number of institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its stake in shares of TTM Technologies by 8.3% in the third quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company's stock valued at $202,000 after purchasing an additional 268 shares during the period. Focus Partners Wealth increased its stake in shares of TTM Technologies by 1.1% in the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company's stock valued at $655,000 after purchasing an additional 343 shares during the period. Yousif Capital Management LLC increased its stake in shares of TTM Technologies by 1.0% in the second quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company's stock valued at $1,552,000 after purchasing an additional 374 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of TTM Technologies by 52.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company's stock valued at $51,000 after purchasing an additional 430 shares during the period. Finally, KLP Kapitalforvaltning AS increased its stake in shares of TTM Technologies by 2.4% in the second quarter. KLP Kapitalforvaltning AS now owns 21,200 shares of the technology company's stock valued at $865,000 after purchasing an additional 500 shares during the period. 95.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Steven Spoto sold 3,484 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $46.58, for a total transaction of $162,284.72. Following the completion of the sale, the insider directly owned 28,649 shares of the company's stock, valued at approximately $1,334,470.42. This represents a 10.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tom Clapprood sold 15,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total transaction of $670,200.00. Following the sale, the insider directly owned 23,531 shares of the company's stock, valued at approximately $1,051,365.08. This trade represents a 38.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,477 shares of company stock worth $2,867,405 in the last quarter. Insiders own 1.30% of the company's stock.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.

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