Key Highlights:
- TTM Technologies (TTMI, Financial) posts robust Q1 2025 results, propelling shares upwards by 20.2% in pre-market trading.
- With significant earnings growth driven by high demand across key sectors, shares close the day up 16.5%.
- Analyst projections suggest a potential upside of nearly 50% with a price target of $35.00.
TTM Technologies (TTMI) witnessed a remarkable surge of 20.2% in pre-market trading, reflecting the company's strong performance in the first quarter of 2025. The impressive earnings report, which exceeded analyst expectations, was driven by a 14% year-over-year increase in sales. This growth was primarily fueled by heightened demand in the aerospace, defense, data centers, and networking sectors. By the end of the trading day, the stock price closed at $23.36, marking a substantial increase of 16.5%.
Wall Street Analysts Forecast
According to the forecasts from four analysts, the average one-year price target for TTM Technologies Inc (TTMI, Financial) stands at $35.00. This figure represents a high estimate of $36.00 and a low estimate of $33.00, indicating an optimistic outlook for the company's stock. The average target suggests a potential upside of 49.89% from the current price of $23.35. Investors can explore more detailed estimate data on the TTM Technologies Inc (TTMI) Forecast page.
The consensus recommendation from four brokerage firms currently rates TTM Technologies Inc's (TTMI, Financial) stock as an "Outperform," with an average brokerage recommendation of 1.8. This rating is part of a scale ranging from 1 to 5, where 1 indicates a Strong Buy, and 5 implies a Sell.
Despite the positive analyst outlook, GuruFocus estimates place the GF Value for TTM Technologies Inc (TTMI, Financial) at $16.83 in one year. This suggests a potential downside of 27.92% from the current price of $23.35. The GF Value is derived from historical trading multiples and predicted future business performance, which helps investors gauge whether a stock is undervalued or overvalued. Additional insights are available on the TTM Technologies Inc (TTMI) Summary page.
