TTMI stock forecast, quote, news & analysis
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates... Show more
Why TTM Technologies (TTMI) Stock Is Down -11% in the Last 30 Days
Key Takeaways
- TTM Technologies shares have declined approximately 11% over the past 30 days, falling from $149.39 on July 6 to $132.91 as of August 4, 2026.
- The sell-off reflects a confluence of profit-taking after a massive year-to-date rally, insider selling disclosures, analyst downgrades, and broader rotation out of high-valuation AI and tech names.
- Over the last quarter, the stock is down roughly 17%, even after staging a partial recovery from its July 29 low of $99.19 — itself a 55% drop from the June 22 all-time high of $223.83.
- Investor concerns have centered on elevated valuation multiples, financing risks tied to European acquisitions, and margin execution at new manufacturing facilities.
- TTMI's fundamental business momentum remains intact, with record Q1 revenue, strong Q2 guidance, and a $1.6 billion defense backlog — though the upcoming Q2 earnings report on August 5 is a critical near-term catalyst.
TTM Technologies (TTMI) Company Overview and Market Position
TTM Technologies is a leading global manufacturer of advanced printed circuit boards (PCBs), radio frequency (RF) components, RF microwave and microelectronic assemblies, and mission-critical interconnect solutions. Headquartered in Santa Ana, California, the company serves demanding end markets including aerospace and defense, data center and networking infrastructure, automotive electronics, and medical devices. TTM is the largest domestic manufacturer of advanced PCBs in the United States and operates a diversified global manufacturing footprint spanning North America and Asia.
The company has emerged as a key beneficiary of two major secular trends: the rapid buildout of artificial intelligence (AI) data center infrastructure and rising global defense spending. Approximately 80% of TTM's net sales are tied to AI and defense megatrends. Its components are embedded in advanced radar systems, missile defense platforms, electronic warfare systems, and high-performance networking equipment used by hyperscale cloud providers. This dual exposure has attracted significant investor interest and driven extraordinary share price appreciation over the past year.
TTM Technologies (TTMI) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 calendar days, TTMI shares declined from $149.39 at the close on July 6, 2026, to $132.91 as of August 4, 2026 — representing a drop of approximately 11%. The decline was not linear: the stock experienced sharp single-day moves in both directions, including a 9.3% rally on July 21 following the company's prominent showcase at the Farnborough International Airshow, as well as multiple sessions with losses exceeding 5%.
The quarterly picture is even starker. Approximately 90 days ago, on May 5, 2026, TTMI closed at $159.58. Since then, the stock has fallen roughly 17%, despite a partial recovery from the extreme July 29 trough of $99.19. That low point represented a peak-to-trough decline of roughly 55% from the all-time high of $223.83 reached on June 22. The quarter has been defined by extreme volatility, a dramatic unwinding of valuation premiums, and a reassessment of near-term risk/reward.
What Drove TTMI Stock Price in the Last 30 Days
The 30-day decline was shaped by several overlapping factors rather than a single catalyst. First, profit-taking accelerated after the stock's extraordinary run — TTMI was up over 100% year-to-date at its June peak — with the rally built on rapidly expanding valuation multiples that left the stock trading at a forward P/E above 77x, significantly higher than the industry average near 29x.
Second, insider selling weighed heavily on sentiment. Multiple Form 4 filings in late June disclosed that senior executives, including EVPs Douglas Soder, Shawn Powers, and Catherine Gridley, sold tens of millions of dollars in shares near the $208–$209 level. Although these transactions were executed under pre-established 10b5-1 trading plans tied to vested restricted stock units, the optics of sizable insider sales near all-time highs spooked retail and institutional investors alike.
Third, analyst sentiment shifted. Zacks Research downgraded TTMI from Strong Buy to Hold in late June, while Wall Street Zen also moved to a Hold rating. Though most analysts maintained Buy ratings with consensus price targets around $212, the downgrades added fuel to the narrative that the stock had become overextended.
Fourth, broader sector headwinds compounded the pressure. A sharp sell-off across AI-linked hardware names on July 2 — triggered by reports of Meta building an AI cloud service and OpenAI achieving efficiency gains — dragged the Philadelphia Semiconductor Index down roughly 6%, with TTMI plunging 13.2% in that single session alone. Finally, concerns about the financing of TTM's pending acquisitions of Swiss Technology Group AG and ILFA GmbH, which involved a new $1.0 billion revolving credit facility and a $400 million term loan, raised questions about balance sheet leverage and integration risk.
What Drove TTMI Stock Performance Over the Last Quarter
The quarterly trend reflects a broader narrative arc: a powerful rally fueled by AI and defense enthusiasm, followed by a sharp valuation reset. The quarter began with TTMI riding momentum from its record-setting Q1 2026 earnings report on April 29. Revenue surged 30% year-over-year to $846 million, non-GAAP EPS of $0.75 crushed the $0.67 consensus, and Q2 guidance of $930–$970 million in revenue with EPS of $0.82–$0.88 far exceeded Wall Street expectations.
That report ignited a rally that carried the stock from roughly $160 in early May to its all-time high of $223.83 on June 22. During this period, multiple analysts raised price targets — Needham to $220, Truist to $215, Stifel and B. Riley to $205–$208 — and TTMI was added to the Russell 1000 Index, a milestone reflecting its ascent from the small-cap Russell 2000. The company's new Ultra HDI PCB facility in Syracuse, New York, and improving yield metrics at its Penang, Malaysia plant reinforced the growth narrative.
However, the quarter's second half brought a dramatic reversal. Insider selling disclosures, analyst downgrades, AI sector rotation, and growing unease about elevated capital expenditures — raised to $300–$320 million for the full year — triggered an aggressive unwind. By late July, TTMI had surrendered the majority of its year-to-date gains, highlighting how rapidly sentiment can shift in high-beta, high-multiple names even when underlying fundamentals remain strong.
Trending AI Robots
For traders seeking data-driven strategies in volatile markets, Tickeron's Trending AI Robots page offers a curated selection of the platform's top-performing algorithmic trading bots. Tickeron hosts hundreds of AI-powered trading bots that actively trade thousands of tickers across equities, ETFs, and cryptocurrencies, each employing distinct strategies, timeframes, and performance benchmarks. The Trending AI Robots section highlights only those bots demonstrating the strongest recent performance and relevance to current market conditions, helping traders quickly identify algorithmic approaches aligned with their objectives. Whether focused on short-term momentum, swing trading, or longer-term trend following, users can explore bots with verified track records and transparent performance metrics.
TTMI Stock Forecast Drivers: What Investors Should Watch Next
The most immediate catalyst is TTMI's Q2 2026 earnings report, scheduled for after the market close on August 5. Consensus estimates project EPS of $0.92 on revenue of approximately $962 million, near the high end of management's guidance range of $930–$970 million. A beat or miss — and equally important, any revision to full-year guidance — will likely dictate the stock's near-term trajectory.
Beyond earnings, investors should monitor the progress of TTM's European acquisitions, including regulatory approvals and integration timelines. The Syracuse UHDI facility ramp toward volume production in the second half of 2026 represents another key milestone. Macroeconomic factors — including Federal Reserve policy, AI infrastructure spending trends from hyperscale customers, and global defense budget trajectories — will also influence demand visibility. With the stock still trading at a premium valuation, execution on margin improvement, free cash flow generation, and capacity utilization will be essential to sustaining investor confidence through the remainder of 2026.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Momentum Indicator for TTMI turns positive, indicating new upward trend
TTMI saw its Momentum Indicator move above the 0 level on August 07, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned positive. In of the 74 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TTMI's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TTMI just turned positive on August 04, 2026. Looking at past instances where TTMI's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TTMI advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
TTMI moved below its 50-day moving average on July 02, 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 July 09, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 .
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 of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TTMI entered a downward trend on August 07, 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 (best 1 - 100 worst), indicating steady price growth. TTMI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock slightly better than average.
The Tickeron Valuation Rating of (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 (7.474) is normal, around the industry mean (6.518). P/E Ratio (61.811) is within average values for comparable stocks, (101.196). TTMI's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.342). Dividend Yield (0.000) settles around the average of (0.011) among similar stocks. P/S Ratio (4.338) is also within normal values, averaging (5.980).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably 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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a manufacturer of printed circuit boards
Industry ElectronicComponents