
TTM (TTMI) reported earnings 30 days ago. What's next for the stock?
TTM Technologies, Inc., manufactures and sells printed circuit boards (PCBs) worldwide. The company is headquartered in Santa Ana, California.
| Revenue (TTM) | $3.38B |
| Gross Profit (TTM) | $715.64M |
| EBITDA | $488.55M |
| Operating Margin | 10.90% |
| Return on Equity | 13.30% |
| Return on Assets | 5.25% |
| Revenue/Share (TTM) | $32.57 |
| Book Value | $17.70 |
| Price-to-Book | 6.28 |
| Price-to-Sales (TTM) | 3.92 |
| EV/Revenue | 3.775 |
| EV/EBITDA | 27.69 |
| Quarterly Earnings Growth (YoY) | 92.50% |
| Quarterly Revenue Growth (YoY) | 37.40% |
| Shares Outstanding | $105.35M |
| Float | $103.56M |
| % Insiders | 1.80% |
| % Institutions | 94.98% |
Volatility is currently contracting

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.

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.

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.

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.
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