TTM Technologies Inc experienced a price decline of 5.27%, crossing below its 5-day SMA. This movement occurs despite the Nasdaq-100 rising by 0.81% and the S&P 500 increasing by 0.75%, indicating a divergence from broader market trends.
The decline in TTM Technologies Inc's stock price is attributed to sector rotation, as investors are reallocating their portfolios towards other sectors that are performing better in the current market environment. This shift suggests that while the overall market is gaining, certain stocks like TTM are facing downward pressure due to changing investor preferences.
Investors should monitor TTM Technologies Inc closely, as the current price action may indicate a need for strategic adjustments in response to market dynamics. The stock's performance could be influenced by upcoming developments or changes in market sentiment.
Wall Street analysts forecast TTMI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TTMI is 80.75 USD with a low forecast of 72.00 USD and a high forecast of 91.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast TTMI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TTMI is 80.75 USD with a low forecast of 72.00 USD and a high forecast of 91.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 97.990
Low
72.00
Averages
80.75
High
91.00
Current: 97.990
Low
72.00
Averages
80.75
High
91.00
B. Riley
Buy
maintain
$81 -> $123
2026-01-22
Reason
B. Riley
Price Target
$81 -> $123
AI Analysis
2026-01-22
maintain
Buy
Reason
B. Riley raised the firm's price target on TTM Technologies to $123 from $81 and keeps a Buy rating on the shares. Following the new CEO's guidance calling for 15%-20% annual revenue growth and a doubling of earnings by 2027, projections are being raised materially to align more closely with management's outlook, implying revenue near $4B and EPS approaching $5.00 by FY27, the analyst tells investors in a research note.
Truist
Buy
upgrade
$78 -> $91
2025-12-19
Reason
Truist
Price Target
$78 -> $91
2025-12-19
upgrade
Buy
Reason
Truist raised the firm's price target on TTM Technologies to $91 from $78 and keeps a Buy rating on the shares. The firm adjusted price targets in the semiconductor and artificial intelligence group after establishing 2027 estimates. Truist recognizes the challenges of finding the power to run AI infrastructure and getting the funding to pay for it. However, the firm believes AI infrastructure semiconductor stocks "remain cheap" relative to their growth. It sees "more upside pressure" to estimates for the group relative to the diversified analog semis heading into 2026. AI capital expenditure upside will continue in 2026, the analyst tells investors in a research note.
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B. Riley
B. Riley
Buy
maintain
$75 -> $81
2025-12-03
Reason
B. Riley
B. Riley
Price Target
$75 -> $81
2025-12-03
maintain
Buy
Reason
B. Riley raised the firm's price target on TTM Technologies to $81 from $75 and keeps a Buy rating on the shares. The firm believes the company is seeing "increased and enduring" generative artificial intelligence-driven demand for its advanced printed circuit boards. This is being driven by high-capacity servers going into "gargantuan-sized" data centers globally, and particularly in the U.S., the analyst tells investors in a research note. Riley thinks AI infrastructure requirements are driving increasing printed circuit board complexity, which is a "boon" for TTM.
Needham
James Ricchiuti
Buy
maintain
$77 -> $79
2025-11-12
Reason
Needham
James Ricchiuti
Price Target
$77 -> $79
2025-11-12
maintain
Buy
Reason
Needham analyst James Ricchiuti raised the firm's price target on TTM Technologies to $79 from $77 and keeps a Buy rating on the shares after meeting with its CEO. The company's Data Center Computing momentum remains the key growth driver, with continued robust growth expected in 2026, as TTM Technologies adds capacity at its most advanced PCB factories in China, the analyst tells investors in a research note. The management is also encouraged by the weekly yield reports it's getting from Penang, though the strong growth trajectory in DCC in 2026 does not appear to be contingent on the Penang ramp, the firm added.
About TTMI
TTM Technologies, Inc. is a global manufacturer of technology solutions including mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and technologically advanced printed circuit boards (PCB). The A&D segment consists of PCBs, value-added assemblies, microelectronics, RF/microwave components and assemblies, and integrated mission systems. Its products support surveillance, intelligence, communications, and other critical missions for customers in the aerospace and defense industry. Commercial segment consists of PCBs using customer-supplied engineering and design plans supporting customers in the automotive, medical, industrial, and instrumentation, networking, and data center computing end markets. RF&S Components segment consists of TTM designed RF components for commercial customers in the telecommunications, industrial, and instrumentation markets, as well as commercial off-the-shelf components for certain aerospace and defense customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
