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

TTM Technologies (NASDAQ:TTMI) updated its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.770-1.830 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TTMI. Stifel Nicolaus lowered their price objective on TTM Technologies from $205.00 to $165.00 and set a “buy” rating on the stock in a research report on Friday. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 30th. Truist Financial set a $170.00 target price on shares of TTM Technologies in a research note on Friday. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Needham & Company LLC decreased their target price on shares of TTM Technologies from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.

TTM Technologies Stock Up 7.7%

TTM Technologies stock traded up $5.69 during midday trading on Friday, hitting $79.58. 4,425,634 shares of the company’s stock were exchanged, compared to its average volume of 2,683,569. The company has a market cap of $8.38 billion, a PE ratio of 35.87 and a beta of 2.14. TTM Technologies has a 12 month low of $55.44 and a 12 month high of $223.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.54 and a current ratio of 1.78. The firm has a 50-day moving average of $118.27 and a two-hundred day moving average of $142.13.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Thursday, October 22nd. The technology company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.21. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%. The firm’s quarterly revenue was up 59.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.50 earnings per share. As a group, analysts expect that TTM Technologies will post 4.22 earnings per share for the current fiscal year.

Insider Transactions at TTM Technologies

In related news, SVP Dale Knecht sold 26,198 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $142.00, for a total value of $3,720,116.00. Following the completion of the transaction, the senior vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Edwin Roks acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was bought at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the completion of the transaction, the chief executive officer directly owned 64,814 shares in the company, valued at $7,244,260.78. The trade was a 18.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.30% of the stock is currently owned by insiders.

More TTM Technologies News

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

• Positive Sentiment: Strong Q3 beat: Revenue rose nearly 60% year over year to $1.20 billion, exceeding the $1.13 billion consensus estimate, while non-GAAP EPS of $1.46 surpassed expectations of $1.25. Adjusted EBITDA reached a record $242.3 million, with the margin expanding to 20.1%. TTM Technologies Third Quarter Results
• Positive Sentiment: Raised guidance: TTM now expects fourth-quarter revenue of $1.42 billion to $1.44 billion and EPS of $1.77 to $1.83. Full-year 2026 guidance calls for revenue of $4.47 billion to $4.49 billion and EPS of $4.97 to $5.03, both above analyst consensus. Preliminary 2027 revenue guidance of $6.5 billion to $6.75 billion also points to continued growth. TTM Technologies Forecasts
• Positive Sentiment: Demand remains robust: Data Center and Networking revenue increased 115% and represented 41% of sales, supported by AI demand. Aerospace and Defense contributed 34% of sales, with a $2 billion program backlog and total book-to-bill of 2.13.
• Positive Sentiment: Needham maintained a “buy” rating despite lowering its price target to $150 from $175, while Stifel reduced its target to $165. Both targets remain substantially above recent trading levels. Needham Analyst Rating
• Neutral Sentiment: TTM is pursuing acquisitions including Ophir Optics for $650 million and additional European PCB facilities. Management expects leverage to remain within its targeted range, but these transactions are excluded from current guidance.
• Negative Sentiment: Investors focused on higher debt and financing costs following recent acquisitions. Net leverage was 2.8 times pro forma EBITDA, while long-term debt increased materially; analysts responded by cutting price targets.
• Negative Sentiment: Management cited material wait times of up to 24 weeks, including delays affecting data-center programs. These supply-chain issues could defer revenue and weaken the benefit of strong demand. TTM Technologies Supply Chain Concerns
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations after the post-earnings selloff. These notices may add headline and litigation risk, although no wrongdoing has been established.

TTM Technologies Company Profile

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.