TTM Technologies (NASDAQ:TTMI) Given New $125.00 Price Target at Needham & Company LLC

TTM Technologies (NASDAQ:TTMI) had its price objective hoisted by Needham & Company LLC from $105.00 to $125.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price would indicate a potential upside of 29.67% from the stock’s current price.

Several other equities research analysts have also issued reports on TTMI. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Wall Street Zen lowered TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research report on Wednesday, January 21st. B. Riley lifted their target price on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Truist Financial set a $113.00 price target on shares of TTM Technologies in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $104.00.

TTM Technologies Trading Down 10.4%

Shares of NASDAQ:TTMI opened at $96.40 on Thursday. TTM Technologies has a 1 year low of $15.77 and a 1 year high of $111.00. The stock’s fifty day moving average price is $80.34 and its 200-day moving average price is $62.97. The company has a market cap of $9.96 billion, a P/E ratio of 76.51 and a beta of 1.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.94 and a quick ratio of 1.66.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The business had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The firm’s revenue was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Sell-side analysts expect that TTM Technologies will post 1.76 earnings per share for the current year.

Insider Activity

In other TTM Technologies news, Director John G. Mayer sold 9,167 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $68.13, for a total transaction of $624,547.71. Following the completion of the sale, the director directly owned 165,140 shares in the company, valued at $11,250,988.20. This trade represents a 5.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Anthony Joseph Sandeen sold 2,000 shares of TTM Technologies stock in a transaction on Monday, December 1st. The shares were sold at an average price of $67.30, for a total value of $134,600.00. Following the completion of the transaction, the insider directly owned 41,442 shares of the company’s stock, valued at $2,789,046.60. This represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 49,194 shares of company stock valued at $3,828,510. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of TTMI. Optiver Holding B.V. boosted its position in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the last quarter. Bessemer Group Inc. grew its position in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares during the last quarter. Rakuten Securities Inc. purchased a new position in TTM Technologies in the 4th quarter worth about $32,000. Wolff Wiese Magana LLC purchased a new position in TTM Technologies during the 4th quarter worth $34,000. Finally, Danske Bank A S bought a new position in shares of TTM Technologies during the fourth quarter valued at approximately $34,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies News Summary

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: Q4 results beat expectations — EPS $0.70 vs. $0.68 est. and revenue $763.5M, up ~19% YoY, showing healthy top-line growth. TTM Technologies (TTMI) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Company raised Q1 FY2026 guidance well above consensus — EPS guide $0.640–0.700 vs. $0.570 consensus and revenue guide ~$770–810M vs. ~$738.8M consensus, signaling continued demand strength. TTM Tech (TTMI) Q4 2025 Earnings Call Transcript
• Positive Sentiment: Market commentary highlights AI-driven demand and record results — company cited strong AI-related orders as a key growth driver, supporting medium-term revenue outlook. TTM Technologies shares surge as AI demand fuels record earnings
• Positive Sentiment: Analysts have raised targets and ratings after the quarter (examples: Needham, B. Riley, Zacks upgrades), which supports upside over a longer horizon. TTM Technologies (TTMI) price target increased by 27.86% to 105.32
• Neutral Sentiment: Full earnings materials and the conference-call transcript/slide deck are available for deeper read — useful for confirming customer commentary, segment details and margin drivers. TTM Technologies – Listen to Conference Call / View Press Release
• Negative Sentiment: Insider selling: Director Thomas Edman sold 16,800 shares at ~\$96, which can be perceived as near-term selling pressure (though he still holds a large stake). TTM Technologies (NASDAQ:TTMI) Director Thomas Edman Sells 16,800 Shares
• Negative Sentiment: Valuation and profit-taking risk: TTMI trades at a rich multiple after the recent rally (high P/E and large move above the 50‑day average), which can amplify pullbacks even after strong results. TTM Technologies Trading and Valuation Snapshot

TTM Technologies Company Profile

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.