TTMI · NASDAQ · Hardware, Equipment & Parts

TTM Technologies (TTMI)

Builds advanced circuit boards, RF electronics, and mission systems for defense and commercial markets.

$124.63
vs last close+0.61 (+0.49%)
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TTM Technologies, Inc.TTMI
Information Technology

Manufactures advanced circuit boards and substrates, RF and microwave electronics, and integrated mission systems for defense and commercial customers. Revenue spans aerospace and defense, data center and networking, automotive, medical, industrial, and instrumentation markets, with domestic defense production and Asian commercial volume capacity.

Builds advanced printed circuit boards and substrates, RF and microwave components and assemblies, microelectronics, and integrated mission systems. The Aerospace & Defense segment supplies customer-designed boards, radar, communications, surveillance, and other mission electronics; the Commercial segment fabricates boards for data-center and networking, automotive, medical, industrial, and instrumentation customers.

Pairs quick-turn engineering and prototyping with volume production across specialized plants in North America and Asia. Data center and networking now rivals aerospace and defense as a core end market, while commercial volume production remains concentrated in China and Malaysia. Defense work requires facility clearances and compliance with national-security and export-control rules, and some complex assemblies rely on customer-approved components with limited or sole sources.

Company facts

CEOEdwin Roks
ListedSep 25, 2000
ExchangeNASDAQ
HeadquartersSanta Ana, CA
CountryUnited States
Employees18,200
CIK0001116942
ISINUS87305R1095

Market cap$12.88B
EPS (ttm)$2.22
P/E (ttm)55.86
ROE13.1%
P/B6.66
P/S3.81
Dividend yieldDiv yield
Beta3.30vs XLK 2.02

Price target$205.00+65.3%Average of 14 analysts
ConsensusBuy12 of 14 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 21, 2026NeedhamReiterate
Rating: Target: $208
Rating: BuyTarget: $175
May 28, 2026Truist FinancialTarget
Target: $180
Target: $215
May 28, 2026Stifel NicolausTarget
Target: $135
Target: $205
May 28, 2026NeedhamReiterate
Rating: Target: $160
Rating: BuyTarget: $208
Apr 30, 2026Truist FinancialTarget
Target: $113
Target: $180

Next report
Nov 4, 26
in 43 days
EPS estimate
$1.25
Revenue estimate
$1.13B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$0.60$0.50$0.58$0.67$0.70$0.75$0.99Pending
Estimate$0.47$0.39$0.52$0.61$0.68$0.66$0.89$1.25
Surprise+27.7%+28.2%+11.5%+9.8%+2.9%+13.6%+10.7%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$651.0M$648.7M$730.6M$752.7M$774.3M$846.0M$1.00BPending
Estimate$630.1M$621.4M$691.1M$753.0M$752.9M$789.8M$962.0M$1.13B
Surprise+3.3%+4.4%+5.7%0.0%+2.8%+7.1%+4.4%
Estimate$1.25
ReportedDue Nov 4, 2026
Estimate$1.13B
ReportedDue Nov 4, 2026
View details

Debt to equity55.70%
Current ratio178.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$616.5M$651.0M$648.7M$730.6M$752.7M$774.3M$846.0M$1.00B
Net income$14.3M$5.2M$32.2M$41.5M$53.1M$50.7M$50.0M$83.0M
Net margin2.3%0.8%5.0%5.7%7.0%6.5%5.9%8.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$51.0M$9.0M$50.3M$61.8M$71.9M$76.9M$74.2M$109.1M
YoY growthTurned profit−73.9%+194.5%+58.4%+41.1%+752.0%+47.7%+76.6%

Balance sheet, Jun 29, 2026Cash & short-term investments $507.9M · Total debt $1.08B · Total assets $4.42B · Shareholders' equity $1.93B

Revenue
$1.00B
Operating income
$109.1M
Net income
$83.0M
View details

No dividends on record.

Institutions≈ 90.92%95.78M shares
660 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.62%1.70M shares
26 holders · as of Sep 3, 2026
Other≈ 7.46%7.86M shares
remainder

105.35M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
10.42%10.98Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.35%5.64Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.44%4.68Mas of Jun 30, 2026
Whale Rock Capital Management LLCInstitution
4.02%4.23Mas of Jun 30, 2026
Invesco Ltd.Institution
3.97%4.18Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 25, 2026Edwin Roksdirector, officer: President and CEO+10,000$111.77
Aug 24, 2026Rex D. Gevedendirector+5,000$104.90
Aug 10, 2026Dale Martin Knechtofficer: SVP Information Technology−26,198$142.00
Jun 25, 2026Robert P. Farrellofficer: President C&C−1,304$208.92
Jun 25, 2026Catherine A. Gridleyofficer: EVP, A&D Sector President−3,056$208.94
View details

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Compare

CompanyPriceChange
TTM Technologies$124.63+0.49%$12.88B55.919.83.8+37.4%
Mercury Systems$83.49−2.52%$5.14B54.15.2+6.1%
Sanmina$209.24−0.11%$11.23B37.516.70.9+69.7%
ATS (ADR)$19.21+0.23%$1.88B56.422.20.9−9.7%
Crane$199.76+0.40%$11.49B34.727.24.4+25.6%
Median37.524.72.7+15.8%