TTM Technologies has transformed from a cyclical, low-margin business into a high-growth company focused on data centers and aerospace/defense. Its shares surged from $20 to $220 before correcting to $80, driven by valuation changes and strong operational momentum. Recent acquisitions like Ophir Optics and Epiq Design Solutions enhance its AI infrastructure and defense capabilities, supporting robust revenue and earnings growth. Despite a recent earnings slowdown, the CEO projects earnings to double by 2027, implying a forward P/E of about 20x, though execution risks remain.
As of Oct 28, 2026 16:41 WIB, TTM Technologies (TTMI) shares trade at USD 88.66 on Pluang, showing a 1-day gain of 2.17%. The stock's market capitalization stands at $9.01 billion with a high buy interest of 95% among Pluang users. This positive trading activity highlights ongoing investor confidence despite some skepticism noted in recent earnings.
TTM Technologies has finished repurchasing approximately 1.16 million shares for about $100 million under its 2025 share repurchase program. The company announced a new $100 million share repurchase program authorized to run until October 2027. These...
TTM Technologies has been upgraded from Sell to Buy due to a significant valuation drop and improved business fundamentals. The company’s adjusted operating margins rose about 5.1 percentage points year-over-year to roughly 17.4% in Q3, driven by N+M...
