Blue Bird ends joint venture with Generate Capital, appoints new executive officer
TTM Technologies Inc stock reached a significant milestone by hitting an all-time high of 51.26 USD, with analysts setting price targets between $55-60. This achievement underscores the company’s robust performance over the past year, during which its stock price has surged by an impressive 181.85%. With a market capitalization of $5.28 billion and a P/E ratio of 56.88, InvestingPro analysis suggests the stock is currently trading above its Fair Value. The remarkable growth in TTM Technologies’ stock reflects strong investor confidence and the company’s successful strategies in navigating market challenges, evidenced by its 14.24% revenue growth and "GOOD" Financial Health Score. As the stock continues to climb, market analysts and investors are closely watching to see how TTM Technologies will maintain its upward trajectory in the coming months. InvestingPro subscribers have access to 16 additional investment tips and a comprehensive Pro Research Report for deeper analysis of TTMI’s potential.
In other recent news, TTM Technologies reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $0.58, exceeding the forecast of $0.52. Revenue for the quarter reached $730.6 million, surpassing the anticipated $668.48 million and marking a 21% increase compared to the previous year. Truist Securities has reiterated its Buy rating for TTM Technologies, maintaining a price target of $60.00. The firm cited significant growth opportunities driven by artificial intelligence as a key factor for this outlook. Additionally, TTM Technologies announced the appointment of Edwin Roks, Ph.D., as its new President and CEO, effective September 2, 2025. Roks will succeed Thomas T. Edman, who is retiring after serving as CEO since 2014. Edman will transition to an advisory role and continue his involvement with the company’s Board and Government Security Committee. These developments highlight ongoing changes and growth potential for TTM Technologies.
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