TTMI
Wall Street’s mood is still upbeat
TTM Technologies just picked up another round of analyst love, with six brokerages landing on a consensus Moderate Buy and an average 12-month price target of $117.25. That’s the kind of note that tells investors the Street still thinks this PCB maker has room to run — even after the stock has already had a pretty serious glow-up.
The good news came with a few asterisks
This isn’t just a random rating-page refresh. Recent moves included Needham lifting its target to $125 while Zacks nudged its view to Hold, which is a nice reminder that analysts are rarely all singing the same tune. Think of it like a group chat where two people are hyped, one is cautiously optimistic, and one is already asking about downside risk.
The business is doing the heavy lifting
TTM also posted a solid quarter on Feb. 4, with $0.70 in EPS versus $0.68 expected and $763.5 million in revenue, up 19% year over year. It also guided Q1 2026 EPS to $0.640–$0.700, which is the kind of backdrop that helps explain why the analysts aren’t running for the exits.
But the market isn’t exactly cheap-date material
There’s a catch: the stock was trading around $126.24, basically kissing its 1-year high, and insiders sold about 105,150 shares worth $10.4 million over the last 90 days. So yes, the story is upbeat — but at a roughly 74.7 P/E, investors are paying up and then some.
Big picture: TTM has the kind of setup Wall Street likes — earnings momentum, higher targets, and plenty of institutional ownership — but when a stock is priced like it’s already had dessert, you’ll want to keep an eye on whether the next quarter keeps the party going.