GET DAILY SIGNALSTTM Technologies (TTMI): Analyst Targets Suggest +186% Upside Potential
Key Takeaways
- The $190 central target is the arithmetic mean of five verified analyst price targets, rounded from $185.80; it is not an official published consensus.
- At the latest verified close of $66.51, reaching $190 would require roughly 186% upside — a very large move by any standard.
- Individual targets span a wide range of $150 to $236, reflecting genuine disagreement about how quickly growth will translate into earnings.
- All five analysts rate the stock a Buy, but several trimmed targets sharply after the third-quarter report, signaling cautious optimism rather than unanimous conviction.
- The strongest supports are surging data-center and defense demand for advanced printed circuit boards (PCBs) and rapid earnings growth; the biggest risks are extreme volatility, rising leverage, and a steep 2026 drawdown.
- For more detail on this company's Major News, Today's Price Move, Forecast, and Earnings, explore the dedicated pages for TTMI.
- Explore Trending AI Robots to see how AI-driven tools are tracking evolving market signals across stocks and ETFs.
Breaking Down the Analyst Consensus
TTM Technologies, Inc. (TTMI) draws coverage from a relatively small group of sell-side analysts, and the most recent individual targets sit unusually far apart. The five most current, attributable targets reviewed are: Truist (William Stein) at $170, lowered from $231 on October 23; Stifel (Ruben Roy) at $165, lowered from $205; Needham (James Ricchiuti) at $150, trimmed from $175; B. Riley Securities (Michael Crawford) at $208, maintained October 16; and Aletheia Capital at $236, initiated October 6.
Taken together, these five targets average $185.80, which rounds to the $190 central target used here. The low-to-high range of $150 to $236 is unusually wide — roughly $86 apart — which tells investors the Street itself is unsure how much of TTM's growth story is already reflected in valuation. Notably, every one of these firms rates the shares a Buy, and data aggregators describe the overall stance as a Strong Buy. Yet the same period saw several firms cut their targets following the third-quarter report, a reminder that a Buy rating does not mean analysts expect the stock to rise immediately or in a straight line. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Current Market Position and Path Toward the Target
TTMI closed at $66.51 on November 6, 2026, with a market capitalization near $7 billion. To reach the $190 target, the stock would need to rise roughly 186% — a very large move. For context, shares traded as high as $223.83 within the past 52 weeks but have since surrendered more than two-thirds of that value, tumbling through October and into early November amid a broader risk-off rotation and a cluster of analyst target cuts. This means the $190 objective effectively asks the stock to reprice far above current levels while still sitting below its prior peak.
The company's fundamentals, however, are expanding quickly. Trailing-twelve-month revenue reached about $3.83 billion (up roughly 38%), net income more than doubled year over year, and diluted EPS roughly doubled. Analysts justify elevated targets through this earnings acceleration, centered on advanced PCB content for artificial-intelligence data centers and on defense programs. The path to $190 would likely require sustained double-digit revenue growth, meaningful margin expansion, and a re-rating of the stock's forward earnings multiple — none of which is guaranteed.
What Could Support a Move Toward the Target
Several verified factors underpin the bullish targets. TTM is a leading manufacturer of complex PCBs and radio-frequency components, and demand from data-center computing tied to AI has become its primary growth engine, supported by capacity additions across the U.S., China, and Penang, Malaysia. Aerospace and defense revenue, including radar and RF programs, provides a second demand pillar. The company's acquisition of Epiq, which analysts note added roughly $1.2 billion in debt, is aimed at deepening its defense-electronics and vertically integrated capabilities. Rapid EPS growth — forecast well above the broader market — and a forward P/E multiple in the low double digits, versus a trailing multiple in the mid-to-high 20s, form the core valuation argument for higher prices if earnings keep compounding.
What Could Prevent the Target From Being Reached
The risks are equally concrete. TTMI is highly volatile, with a beta near 2.3, and the recent 70% drawdown from its 52-week high shows how quickly sentiment can shift. Multiple firms have already lowered their targets — Truist from $231 to $170, Stifel from $205 to $165, and Needham from $220 toward $150 — a pattern that suggests near-term estimates and assumptions are being recalibrated. Higher leverage from the Epiq deal raises financial risk if growth slows, and a stretched valuation relative to historical norms leaves limited margin for error on execution, capital spending, or margin guidance. Slowing AI-related spending, defense budget uncertainty, or a broad technology-sector rotation could each pressure the multiple further.
Technical Levels and Market Structure
The chart structure remains damaged. The 52-week high of $223.83 now sits far above the market, while the 52-week low near $55.44 is close at hand. After breaking below the roughly $80 area in early November, TTMI traded near $62 before rebounding to $66.51, meaning the prior breakdown zone of roughly $73 to $84 now acts as overhead resistance. On the downside, the $55-to-$62 band represents the nearest meaningful support region. Reclaiming and holding levels above $80 would be an early technical signal of stabilization, but any sustained run toward $190 would require repairing a trend that is currently firmly lower.
Time Horizon and What Investors Should Monitor
Analyst price targets generally reflect a research horizon of about 12 months, though individual firms do not always state an explicit timeframe and can differ in their assumptions. Investors should watch upcoming quarterly earnings and guidance, any further analyst target revisions (up or down), AI data-center order trends, defense program awards, and the integration and debt profile from the Epiq acquisition. Macro inputs — interest-rate policy and risk appetite for high-beta technology stocks — will also matter given TTMI's volatility. None of these items offers a definitive forecast, but each will shape whether the gap between $66 and $190 narrows. From what I see, monitoring these elements closely helps frame whether the growth narrative can overcome current skepticism.
Final Assessment
The $190 central target represents the arithmetic mean of five current analyst price targets, a figure that implies roughly 186% upside from the latest $66.51 close. It is a demanding objective that rests on the continuation of exceptional data-center and defense demand, sustained earnings growth, and a meaningful valuation re-rating. The strongest support comes from accelerating revenue and EPS and a still-bullish analyst stance; the principal obstacles are a wide $150-to-$236 target range, recent downward target revisions, elevated leverage, and a broken technical trend with the stock sitting near its 52-week low. Whether TTMI can reach $190 depends less on any single quarter and more on whether the growth story can overcome the skepticism the market is currently pricing in. Investors should monitor earnings, guidance, and analyst revisions closely rather than treat the $190 figure as a forecast or a certainty.
Using AI Daily Buy/Sell Signals in Research
In my own process, Tickeron's AI Daily Buy/Sell Signals provide a practical way to stay on top of fast-moving names like TTMI. The system applies artificial intelligence to scan thousands of stocks and ETFs, delivering Buy, Sell, or Hold signals drawn from technical behavior and shifting market conditions. For a stock that has seen sharp swings, this layer of automated monitoring helps add discipline alongside the fundamental view. I find it useful for surfacing opportunities and tracking trend changes without relying solely on manual review.
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I’m a trader and independent researcher. My interest lies at the intersection of financial markets, algorithms, and capital management. I develop data-driven tools and strategies and study algorithmic approaches to market analysis. I help turn complex market data into clear insights and practical systems. I believe technology should support, not replace, investment thinking
TTMI's RSI Indicator ascends from oversold territory
The RSI Indicator for TTMI moved out of oversold territory on November 06, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 34 similar instances when the indicator left oversold territory. In 27 of the 34 cases the stock moved higher. This puts the odds of a move higher at 79%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +6.19% 3-day Advance, the price is estimated to grow further. Considering data from situations where TTMI advanced for three days, in 260 of 328 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
TTMI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 08, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on TTMI as a result. In 49 of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 67%.
The Moving Average Convergence Divergence Histogram (MACD) for TTMI turned negative on October 09, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 32 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 65%.
TTMI moved below its 50-day moving average on October 08, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TTMI crossed bearishly below the 50-day moving average on October 14, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 78%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TTMI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 69%.
The Aroon Indicator for TTMI entered a downward trend on November 06, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 60 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.622) is normal, around the industry mean (3.856). P/E Ratio (29.044) is within average values for comparable stocks, (6.228). Projected Growth (PEG Ratio) (0.330) is also within normal values, averaging (0.930). Dividend Yield (0.000) settles around the average of (0.021) among similar stocks. P/S Ratio (3.604) is also within normal values, averaging (4.422).
The Tickeron SMR rating for this company is 60 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 75 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TTMI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is 88 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 89 (best 1 - 100 worst), indicating slightly worse than average price growth. TTMI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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a manufacturer of printed circuit boards
Industry ElectronicComponents
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