TTM Technologies (NASDAQ:TTMI) Releases Earnings Results, Beats Estimates By $0.02 EPS

TTM Technologies (NASDAQ:TTMI) issued its quarterly earnings data on Wednesday. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02, FiscalAI reports. The company had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. TTM Technologies updated its Q1 2026 guidance to 0.640-0.700 EPS.

Here are the key takeaways from TTM Technologies’ conference call:

• TTM delivered a strong Q4 and FY2025 with $774.3M in Q4 sales (+19% YoY), FY sales of $2.9B, a fourth-quarter Adjusted EBITDA margin of 16.3%, and a record quarterly non-GAAP EPS of $0.70.
• Demand is concentrated in AI and defense—management says ~80% of net sales relate to those megatrends, with data center sales +57% YoY in Q4 and aerospace & defense at 41% of Q4 sales supported by large program bookings and a $1.6B program backlog.
• Management expects continued growth and investment, targeting 15%–20% annual revenue growth and to double earnings by 2027, with 2026 CapEx guided to ~$240–260M plus an incremental ~$200–300M over 2–3 years for additional China data-center capacity; the Eau Claire U.S. site could add capacity but is ~18–24 months from first revenue and is not included in current capacity plans.
• Near-term execution risks remain—Penang dragged gross profit by ~180 bps in Q4 (management expects improvement but not fully resolved), the 90‑day backlog is higher but cancellable, and Q1 margins will be pressured by Chinese New Year labor and seasonal costs.

TTM Technologies Stock Performance

Shares of TTM Technologies stock traded down $11.17 during midday trading on Wednesday, hitting $96.40. The company had a trading volume of 3,630,679 shares, compared to its average volume of 3,607,865. The company has a fifty day simple moving average of $79.78 and a 200 day simple moving average of $62.74. The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 76.51 and a beta of 1.75. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 0.54. TTM Technologies has a 12-month low of $15.77 and a 12-month high of $111.00.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total transaction of $1,614,816.00. Following the completion of the sale, the director directly owned 783,406 shares in the company, valued at approximately $75,300,984.72. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Robert P. Farrell sold 643 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $66.98, for a total value of $43,068.14. Following the completion of the transaction, the insider directly owned 19,406 shares in the company, valued at approximately $1,299,813.88. The trade was a 3.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,194 shares of company stock worth $3,828,510 in the last 90 days. 1.30% of the stock is owned by insiders.

Institutional Trading of TTM Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Entropy Technologies LP purchased a new position in shares of TTM Technologies in the third quarter worth about $853,000. Cerity Partners LLC acquired a new position in TTM Technologies in the 2nd quarter worth approximately $1,032,000. Squarepoint Ops LLC raised its position in TTM Technologies by 91.2% during the 2nd quarter. Squarepoint Ops LLC now owns 56,418 shares of the technology company’s stock worth $2,303,000 after buying an additional 26,914 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in TTM Technologies by 7.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,094 shares of the technology company’s stock valued at $1,215,000 after acquiring an additional 1,388 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 acquiring an additional 2,632 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies News Summary

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

• Positive Sentiment: Q4 results beat expectations — TTMI reported $0.70 EPS vs. $0.68 consensus and $763.5M revenue vs. $753M expected, signaling stronger demand. TTM Technologies, Inc. Reports Fourth Quarter & Fiscal Year 2025 Results
• Positive Sentiment: Management raised Q1 FY2026 guidance to $0.640–$0.700 EPS (Street ~$0.57) and revenue guidance to $770–$810M (Street ~$738.8M) — this forward-looking beat is the main driver of the intraday rally. View Press Release
• Positive Sentiment: Analysts raised targets and ratings after the report — one note cited a material uplift to price targets (example: a ~28% price-target increase reported), reflecting improved near-term visibility and AI-driven end-market demand. TTM Technologies (TTMI) price target increased by 27.86% to 105.32
• Neutral Sentiment: Market narratives emphasize AI-driven demand as a key driver of record results; company slide deck and transcript are available for line-item detail (useful for revenue mix, margin outlook and backlog checks). View Slide Deck
• Negative Sentiment: Insider selling disclosed — Director Thomas Edman sold 16,800 shares at about $96.12; the sale is notable but represents a small reduction of a very large holding (insider still owns a substantial stake). TTM Technologies (NASDAQ:TTMI) Director Thomas Edman Sells 16,800 Shares

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Truist Financial set a $113.00 target price on TTM Technologies in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a report on Wednesday, January 21st. Finally, Needham & Company LLC boosted their price objective on shares of TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $99.00.

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.