Needham & Company LLC Forecasts Strong Price Appreciation for TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies (NASDAQ:TTMI) had its price target hoisted by investment analysts at Needham & Company LLC from $79.00 to $105.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 8.79% from the company’s current price.

A number of other research analysts also recently commented on TTMI. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. B. Riley boosted their target price on shares of TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, Truist Financial raised their price target on shares of TTM Technologies from $78.00 to $91.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $88.50.

TTM Technologies Price Performance

Shares of TTMI stock opened at $96.52 on Tuesday. The firm has a fifty day moving average of $70.41 and a two-hundred day moving average of $57.20. The firm has a market cap of $9.97 billion, a P/E ratio of 76.60 and a beta of 1.74. TTM Technologies has a 1-year low of $15.77 and a 1-year high of $101.19. 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 issued its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $752.74 million for the quarter, compared to analysts’ expectations of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, research analysts anticipate that TTM Technologies will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Julie Spicer England sold 3,784 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total transaction of $239,678.56. Following the completion of the transaction, the director directly owned 106,541 shares in the company, valued at approximately $6,748,306.94. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John G. Mayer sold 9,167 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $68.13, for a total value of $624,547.71. Following the transaction, the director owned 165,140 shares of the company’s stock, valued at $11,250,988.20. This trade represents a 5.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 36,870 shares of company stock valued at $2,520,245 in the last ninety days. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On TTM Technologies

Several large investors have recently made changes to their positions in the business. Larson Financial Group LLC grew its position in TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock worth $229,000 after buying an additional 167 shares during the last quarter. Optiver Holding B.V. boosted its position in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the period. Choreo LLC increased its stake in TTM Technologies by 1.4% in the 3rd quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock worth $818,000 after purchasing an additional 191 shares in the last quarter. GAMMA Investing LLC lifted its stake in TTM Technologies by 8.3% during the third quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock valued at $202,000 after buying an additional 268 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in shares of TTM Technologies by 1.1% in the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock worth $655,000 after buying an additional 343 shares during the period. Institutional investors own 95.79% of the company’s stock.

Key Headlines Impacting TTM Technologies

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

• Positive Sentiment: Needham reiterated a Buy and raised its price target to $105, supporting analyst-driven buying interest and signaling multi‑year growth expectations. TTMI: Accelerating Multi‑Year Growth and Earnings Upside Drive Reiterated Buy Rating
• Positive Sentiment: An independent 33% price‑target upgrade helped propel TTMI to an all‑time high, adding momentum from institutional/quant buying and headline-driven flows. TTM Technologies (TTMI) Soars to All-Time High on 33% PT Upgrade
• Positive Sentiment: Management commentary at an investor conference flagged material long‑term revenue and earnings growth, triggering a near‑20% breakout on heavy volume and renewed investor attention. Huge Breakout In TTM Tech Stock – Time To Buy?
• Neutral Sentiment: Pre‑conference valuation/deep‑dive pieces are framing the stock as expensive after a large one‑year run; these background analyses may attract both momentum and value‑oriented scrutiny. A Look At TTM Technologies (TTMI) Valuation As Investor Focus Builds Before Needham Growth Conference
• Neutral Sentiment: Coverage pieces exploring TTM’s PCB expansion and positioning in AI/defense provide fundamental context but don’t immediately change near‑term price action. Is TTM Technologies’ (TTMI) Community-Focused PCB Expansion Quietly Redefining Its AI and Defense Positioning?
• Negative Sentiment: Zacks warns that recent upward price action came on above‑average volume but that earnings estimate revisions do not yet support continued strength—raising the risk of a pullback if revisions lag. TTM (TTMI) Moves 19.7% Higher: Will This Strength Last?

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.