On May 1, 2025, Needham analyst James Ricchiuti announced an adjustment to the price target for TTM Technologies (TTMI, Financial). The price target for TTMI has been raised from the previous $33.00 to $35.00, reflecting a percentage change of 6.06%.
The 'Buy' rating for TTMI was maintained, signaling continued positive sentiment from the analyst. This update highlights a robust outlook for TTM Technologies, as indicated by the improved price target.
Investors in TTM Technologies (TTMI, Financial) may find these adjustments significant as they reflect confidence in the company's future performance. The adjustment by Needham comes as part of their regular review and assessment of TTMI's financial traction and market position.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for TTM Technologies Inc (TTMI, Financial) is $34.25 with a high estimate of $36.00 and a low estimate of $33.00. The average target implies an upside of 49.24% from the current price of $22.95. More detailed estimate data can be found on the TTM Technologies Inc (TTMI) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, TTM Technologies Inc's (TTMI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for TTM Technologies Inc (TTMI, Financial) in one year is $16.83, suggesting a downside of 26.67% from the current price of $22.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the TTM Technologies Inc (TTMI) Summary page.
