TTM Technologies (NASDAQ:TTMI) Sets New 52-Week High - Still a Buy?

Key Points

• TTM Technologies hit a new 52-week high, trading as high as $114.91 and last at $117.0950 on a volume of 513,217 shares, up from a prior close of $107.53.
• Analyst sentiment has turned bullish—B. Riley raised its target from $81 to $123 and Weiss upgraded to a buy—leaving a consensus rating of Moderate Buy with a consensus price target of $117.25 (five buys, one hold).
• Recent results showed strength: Q reported EPS of $0.70 (vs. $0.68 est.) and revenue of $763.53M (+19% YoY), with Q1 2026 guidance of $0.640–0.700 EPS and analysts forecasting 1.76 EPS for the year.

TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $114.91 and last traded at $117.0950, with a volume of 513217 shares trading hands. The stock had previously closed at $107.53.

Analyst Upgrades and Downgrades

TTMI has been the topic of several recent analyst reports. B. Riley Financial boosted their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the company a "buy" rating in a report on Thursday, January 22nd. Zacks Research lowered shares of TTM Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday. Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a report on Thursday, February 5th. Weiss Ratings upgraded shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, February 18th. Finally, Truist Financial set a $113.00 target price on shares of TTM Technologies in a report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TTM Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.25.

TTM Technologies Stock Performance

The firm's fifty day moving average price is $98.68 and its 200 day moving average price is $79.69. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $12.47 billion, a price-to-earnings ratio of 71.09 and a beta of 1.76.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The firm had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. During the same period in the prior year, the business posted $0.60 EPS. The business's revenue for the quarter was up 19.0% compared to the same quarter last year. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Daniel J. Weber sold 12,000 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the completion of the transaction, the executive vice president owned 94,621 shares in the company, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 105,150 shares of company stock worth $10,412,586. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TTM Technologies

Large investors have recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. purchased a new stake in TTM Technologies during the 3rd quarter worth approximately $2,963,000. Horizon Investment Services LLC increased its stake in TTM Technologies by 255.7% during the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company's stock worth $1,588,000 after buying an additional 19,820 shares during the period. FengHe Fund Management Pte. Ltd. purchased a new stake in TTM Technologies during the 3rd quarter worth approximately $54,148,000. Oak Ridge Investments LLC purchased a new stake in TTM Technologies during the 3rd quarter worth approximately $1,812,000. Finally, Navellier & Associates Inc. purchased a new stake in TTM Technologies during the 3rd quarter worth approximately $3,271,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

About TTM Technologies

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.

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