TTM Technologies (NASDAQ:TTMI) Shares Gap Down – Time to Sell?

TTM Technologies, Inc. (NASDAQ:TTMI) gapped down prior to trading on Thursday . The stock had previously closed at $96.22, but opened at $87.05. TTM Technologies shares last traded at $94.0940, with a volume of 1,219,346 shares trading hands.

TTM Technologies News Roundup

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

• Positive Sentiment: Q4 results beat expectations — record Q4 EPS and revenue up ~19% year-over-year, with strength in commercial and aerospace & defense that underpins near-term momentum. TTMI Q4 Earnings & Revenues Surpass Estimates
• Positive Sentiment: Management posted Q4 EPS above consensus and provided Q1 guidance (0.64–0.70 EPS), helping justify investor optimism about near-term earnings power. TTMI Q4 Deep Dive
• Positive Sentiment: Analyst upgrade / price-target lift — Needham raised its target to $125 and maintains a Buy rating, giving brokers’ support for further upside. Price Target Raised by Needham
• Positive Sentiment: Large-scale AI/data-center capex tailwind — coverage notes TTM is well positioned to supply PCBs and components to data-center and networking equipment as Alphabet ramps a $175–185B capex plan for 2026. That potential demand lift is being priced in by investors. TTM Could Be Winner From Google Capex
• Positive Sentiment: Board additions focused on defense — new directors with defense backgrounds strengthen credentials to win more aerospace & defense work, supporting diversified demand. Adds Defense-Focused Leaders to Board
• Neutral Sentiment: Market skepticism noted despite solid results — some coverage highlights investor caution about valuation and whether margin gains are sustainable as growth normalizes. This is tempering enthusiasm for a subset of traders. Q4 Deep Dive — Market Skepticism
• Neutral Sentiment: Earnings call transcript and details provide color but no new headline change — useful for investors wanting specifics on orders, margins and end-market mix. Q4 2025 Earnings Call Transcript

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TTMI shares. Needham & Company LLC increased their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Truist Financial set a $113.00 price objective on TTM Technologies in a report on Wednesday, January 14th. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a research report on Thursday. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $117.25.

TTM Technologies Stock Up 6.5%

The firm’s 50-day simple moving average is $81.39 and its 200-day simple moving average is $63.53. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.66 and a current ratio of 1.93. The company has a market capitalization of $10.19 billion, a price-to-earnings ratio of 58.33 and a beta of 1.75.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. During the same period in the previous year, the business posted $0.60 earnings per share. TTM Technologies’s quarterly revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Insider Activity

In other news, Director Julie Spicer England sold 3,784 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $6,748,306.94. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John G. Mayer sold 9,167 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. This trade represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 49,194 shares of company stock valued at $3,828,510. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On TTM Technologies

A number of large investors have recently bought and sold shares of TTMI. Royal Bank of Canada lifted its holdings in shares of TTM Technologies by 66.6% in the first quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock worth $543,000 after acquiring an additional 10,565 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in TTM Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after purchasing an additional 2,632 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after buying an additional 115,766 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after buying an additional 13,691 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock worth $2,869,000 after buying an additional 128,700 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

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.